The world is full of amazing people and the Forbes 30 Under 30 helps us make it easy to find. One such young talented boy who is the youngest world’s richest billionaire is Alexandr Wang. In 2018, Alexandr Wang made it to Forbes 30 Under 30. Because he started working on a startup Scale using artificial intelligence which helps in image recognition and audio transcription. His first customers were Uber, GM Cruise, P&G, Alphabet, and others. In 2016, he bought a home in New York City’s West Chelsea neighborhood which cost him $8 million. In 2020, he sold a country home which was in Westchester Country, NY at around $1.85 million. He is a dropout of the Massachusetts Institute of Technology at the age of 19.
Alexandr as a kid
He was a genius coder; he used to get into competitions in math and coding so that he can afford tickets to Disney World. At the age of 17, he would spend his time on Quora where it was full-time coding work. And only here did he meet his future co-founder and now at the age of 25, he became the world’s youngest self-made billionaire.
Alexandr Wang is a billionaire
At the age of 19, he dropped out of his school so that he could co-found the Software Company Scale AI. His family has been helping the US military. His parents were physicists and they worked on the weapon projects for the same. Currently, Alexandr Wang has been helping 300 companies including the esteemed Department of the Army and the US Air Force.
Alexandr Wang’s Artificial Intelligence is not only helpful for the U.S military but it also supports the other. This Scale’s Technology with the help of satellite images calculates the damage Russian bombs are causing to Ukraine.
In the interview for the Forbes Under 30 list, Wang says, “Every industry is sitting on huge amounts of data.” “Our goal is to help them unlock the potential of the data and supercharge their businesses with AI.”
Scale is believed to receive $325million in funding last year according to the source Forbes.
Alexandr Wang’s estimated 15 percent stake is worth $1billion and which made him the world’s youngest self-made billionaire.
Wang’s support of the military
His childhood bloomed under New Mexico’s Los Alamos National Lab, where the United States developed its first atomic bomb during World War II. Wang has signed three contracts worth $350 million or more which help America’s Air Force and Army employ artificial.
The scale helps in providing raw information and pictures to the user. Wang’s analytic mind and his zest for coding have helped Scale to grow more. And besides money, he is also helping society to be a better version of itself. Helping the military at such a young age is really praiseworthy. And he really knew what he was doing. When asked what he replied to his parents about his school dropout. He says, “I told my parents it was just going to be a thing I did for the summer,” Wang says. “Obviously, I never went back to school.”
His decision of leaving School and dedicating fully to his coding and founding together the company Scale wouldn’t have been possible. Therefore, he is also brave and confident enough to believe in himself that he could make it without a School degree. And he was right about his decision.