Taylor Swift has long dazzled us with her hit songs and savvy business moves, claiming the title of the youngest self-made female billionaire in 2023 at just 33 years old. But guess who slid into that top spot? None other than Lucy Guo – a tech dynamo hailing from the sunny San Francisco Bay Area. At the age of 30, Guo's rapid ascent as a co-founder of Scale AI has knocked Swift off her throne.
Born to Chinese immigrant parents, Guo got her code on in middle school. She later dropped out of Carnegie Mellon University, scoring a $100,000 entrepreneurial scholarship from none other than billionaire investor Peter Thiel. Fast forward to 2016, and she’s co-founding Scale AI at just 21 with her buddy Alexandr Wang.
"We had a difference of opinion but I am proud of what Scale AI has accomplished," Guo told The Information last year.
Initially, Guo led operations and production design at Scale AI. But like any classic Silicon Valley soap opera, things turned south. Word on the street is she was let go by Wang over some creative differences. Despite her exit, Guo held onto a 5% stake in the company, now valued at a whopping $1.2 billion.
But don't cry for Guo. The tech maven didn’t just stop there. She launched Passes, an alternative content platform to OnlyFans and Patreon, where creators can keep a hefty 90% of their earnings. The platform raked in $40 million in a Series A funding round. However, it's caught up in a legal whirlwind over some serious allegations involving explicit content.
With a net worth now sitting pretty at $1.3 billion, Lucy Guo is on Forbes' 2024 list of America's Richest Self-Made Women, coming in at No. 26. Not too shabby, huh? Meanwhile, Taylor Swift maintains her reign as the richest female musician with a cool $1.6 billion.
When she's not pouring her energy into her ventures, Guo's living it up in her swanky Miami apartment or Los Angeles home, opting for Uber Eats over home-cooked meals. Her work-hard, play-hard philosophy finds her on the dance floor at techno raves or sweating it out at Barry’s Bootcamp.
As Guo continues to carve her path in the tech world, all eyes are on what this powerhouse will do next. Will she find a way to resolve the controversies surrounding Passes? Only time will tell, but one thing's for sure – she's not slowing down anytime soon.