Generation Zs Rise: Young Billionaires Leveraging AIIn a surprising twist, while many in Generation Z grapple with finding entry-level jobs due to AI, a wave of young billionaires is emerging, primarily in the AI sector. This year, the number of self-made billionaires under thirty reached an all-time high, with entrepreneurs transforming their smartphone-savvy upbringings into thriving startups.Sualeh Asif, Adarsh Hiremath, Surya Midha, and Luana Lopes Lara are among the new ultra-wealthy founders. Asif, cofounder of Anysphere, saw Cursor, an AI editing tool, reach a twenty-nine billion dollar valuation. Hiremath and Midha, cofounders of Mercor, connect talent to Silicon Valleys top AI labs.Lopes Lara, the worlds youngest female self-made billionaire under thirty, built her fortune on Kalshi, a prediction market startup valued at eleven billion dollars. Before her Wall Street success, she trained as a professional ballerina in Rio and danced for nine months in Austria.Lopes Laras pivot from dance to engineering at MIT, interning at firms like Ray Dalios Bridgewater Associates and Ken Griffins Citadel Securities, led to her cofounding Kalshi with Tarek Mansour. After a successful Y Combinator pitch, Kalshi became the first federally regulated prediction market in 2020. This months one billion dollar raise catapulted both founders into the billionaire club, demonstrating how bold pivots can reshape young lives overnight.

The Daily News Now! — Every city. Every story. AI-powered.

---

Hosted on Acast. See acast.com/privacy for more information.