The next Elon Musk? Meet Alexandr Wang, CEO of Scale AI and the world’s youngest self-made billionaire at 25, who already counts Toyota and PayPal as clients
- Move over Jeff Bezos and Elon Musk, there’s a new ambitious tech whizz on the block, and his company’s already worth US$7.3 billion, even though he’s only 25
- Wang founded Scale AI during a summer break from MIT with his friend Lucy Guo, got funding from the famous Y Combinator – and never went back
Alexandr Wang, the tech entrepreneur and CEO founder of Scale AI, has recently made global headlines for becoming the world’s youngest self-made billionaire. He is 25 years old.
So who exactly is the young Asian-American billionaire and how did he make his fortune? We take a closer look.
He started his company after dropping out of college
Wang began studying for his BS in Mathematics and Computer Science at the Massachusetts Institute for Technology (aka MIT). In the summer after completing his first-year year at the prestigious New England university, he started Scale with fellow young tech whizz Lucy Guo.
According to Forbes, the two co-founders met while both working at question and answer platform Quora. The entrepreneurial duo started the venture with investment from US start-up accelerator Y Combinator.
On starting Scale, Wang recounted to Forbes, “I told my parents it was just going to be a thing I did for the summer … Obviously, I never went back to school.”
He’s now worth US$1 billion
Last year Wang’s company received investment funding of some US$350 million. This financial backing, coupled with the fact that Scale is already enjoying US$100 million in revenue, valued the young entrepreneur’s company at a massive US$7.3 billion.