The New Youngest Self-Made Billionaire In The World Is A 25-Year-Old College Dropout | Forbes

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When Massachusetts Institute of Technology dropout Alexandr Wang made the Forbes 30 Under 30 Enterprise Technology list in 2018, his startup Scale used artificial intelligence to begin automating tasks like image recognition and audio transcription. Back then, its customers included GM Cruise, Alphabet, Uber, P&G and others

Now Wang, 25, is the youngest self-made billionaire. And while he still partners with buzzy companies, today he’s got $350 million in government defense contracts. This has helped Scale hit a $7.3 billion valuation, and give Wang a $1 billion net worth (as he owns 15% of the company).

Scale’s technology analyzes satellite images much faster than human analysts to determine how much damage Russian bombs are causing in Ukraine. It’s useful not just for the military. More than 300 companies, including General Motors and Flexport, use Scale, which Wang started when he was 19, to help them pan gold from rivers of raw information—millions of shipping documents, say, or raw footage from self-driving cars. “Every industry is sitting on huge amounts of data,” Wang says, who appeared on the Forbes Under 30 list in 2018. “Our goal is to help them unlock the potential of the data and supercharge their businesses with AI.”

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It’s not just about being academically smart, it takes all kinds of intelligence to run such a successful business from emotional intelligence, financial intelligence etc. props to this young stud killing it!

mikemuponda
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Two physicist parents and a group of friends with the same background... i would have loved a childhood like this, education really is power and this is what a family is capable of when they learn together. i'm very happy for you and wish you continued success and blessings

IcarusTheGodson
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Buddy is DIFFERENT. Dropped out knowing he would be a boss regardless of what a school could teach him. Salute!

towlatrip
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This kid is proof of the importance of having scientist around you from a young age. Two physicist parents and a childhood introduction to math and science.

vectoralphaSec
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His parents had a great vision for this guy. Since he was little they taught him complex things. He has achieved true Mastery. Parents are the first teachers. Great job. I wish him even more success. May he help humanity and use A. I. for good and noble causes.

sebastianniqvist
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He was a professional software engineer at 16-17, MIT student and grew up with 2 parents that are physicists.
He def put in the work and I'm happy for him, but you can kind of see how he is a bit of an outlier

stannis
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I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation

SlParkerlee
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What is the most remarkable feature of this individual? Most "millionaires" discuss their profits and how difficult it was to get started, which is common knowledge, but this one emphasises his idea and passion, which connect with him. I am happy about his success because he is more concerned with how he can enhance businesses than how much money he can earn. Excellent work, champ!

itsvolts
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His parents are military physicists. Smart genes run in the family. Connections help too.

maxmilernjdmba.
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As a 14yo i loved watching videos of young self made billionaires..as 23yo not so much

neloysinha
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I was skeptical but he makes really really valid points without marketing them -- which I think is the purest form of entrepreneurship. When your product is just good on its own...

cageynerd
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I wish social media wouldn't highlight the college dropout part about people who became rich. This young man is successful in his career life because he is brilliant and had the right background to support that from a very young age. His vision is worth highlighting instead of the college dropout part.

potatosalad
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Joma is tossing and turning thinking about this guy

DrunkAndPissedOff
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he is a man in the making since he was a child, with equally intelligent parents. Very impressive.

Artonox
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I could listen to this guy talk about AI for hours like he knows how to perfectly explain and intervene his ideas into new possibilities within his business and it is extremely interesting. I would love to listen to a podcast from him explain how his team creates the AI machine learning programs and utilizes in so many ways through so many different groups and organizations. yeah.

rachelward
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Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom

Rubyeverly-Jessica
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It makes me really happy to see people around my age doing incredible things like what Alexandr has managed to do. He seems like an honest, respectful, and genuinely good person.

Jeremy-oyxc
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It is unbelievable how mature this young man is and the clarity of thought he has. Seems genuinely a decent bloke as well who’s happy to keep his head down and get to work. Very refreshing too see

PoPax
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I'm rooting for this guy and his company. You can tell he's passionate about an idea that is aimed toward making the world a better place and not just driven by greed or vanity. We need more people like him. I would love to work at a similar company and make a contribution to these research studies but I hate to say I might be limited intellectually

perpetual_happiness
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He's one of the few to achieve this. Hats off to him! Hope He does well!

xxsnowninja