Alexander Wang, university student who built a $7 billion ‎empire

Described as the next Elon Musk, at age 26, he built a $7.3 billion tech empire to become the world’s youngest self-made billionaire.

Known for Alexander Wang, he is a business prodigy who wrote his name in history as the youngest self-made billionaire in the world. At the age of 24, he achieved what many dream of – and found himself a place in the elite club of billionaires. He has been hailed as a genius and compared to Elon Musk, the brainchild of SpaceX and Tesla.

Wang’s journey to success began, according to Yahoo Finance, with his fascination with artificial intelligence. During a trip to his ancestral home, he observed China’s smartest engineers discussing the potential of artificial intelligence without addressing its practical applications. This pivotal moment, along with his parents’ background as nuclear physicists, cemented his determination to explore artificial intelligence.

With an innate talent for mathematics and coding, Wang got a coding job at a California company, Quora, when he was still at a young age. His relentless pursuit of knowledge led him to the prestigious Massachusetts Institute of Technology, where he dabbled in machine learning and artificial intelligence. His intelligence led him to seize the opportunity when the opportunity arose

He co-founded Scale AI in 2016. At the age of 19, after just a year at MIT, the timing was opportune as industries sought to harness the power of machine learning for their growth. Scale AI started by providing critical data to autonomous vehicle companies, and gradually expanded the company’s business into sectors as diverse as enterprise automation, e-commerce, insurance, and robotics.

The rise of artificial intelligence continues to be a funding hot spot for venture capitalists and retail investors alike. Startups like GenesisAI have amassed hundreds of thousands of retail investors. OpenAI and other venture capital firms make billions from venture capital and private equity firms.