Luana Lopes Lara, Kalshi’s 29-year-old co-founder, has unseated Scale AI co-founder Lucy Guo to become the youngest self-made woman billionaire, boasting a US$1.3 billion net worth from her stake in the online prediction market.
Kalshi, which lets users around the world trade binary contracts on political, sports, economic, and entertainment outcomes, announced on Tuesday that it had raised $1 billion in a financing round that values it at $11 billion. This marks an over fivefold increase from $2 billion in June.
The surge in value has propelled the platform’s young co-founders, Lopes Lara and Tarek Mansour, also 29, into the billionaire club. Each owns roughly 12% of the company and an estimated net worth of $1.3 billion, according to Forbes.
With that, Lopes Lara has become the world’s youngest self-made woman billionaire in place of Guo, 31, who earlier claimed the title from singer-songwriter Taylor Swift in April.
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