He founded an artificial intelligence company at the age of 19
The youngest billionaire in the world has a net worth of more than one billion dollars
Alexander Wang is 25 years old.
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Jo.. Alexander Wang's colleague.
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Some say he could be the next Elon Musk or Jeff Bezos, referring to the two poles of global capitalism.
Which may not be far-fetched given the rapid growth of the company founded by the boy, Alexander Wang, the newest Silicon Valley wonder, who is only 25 years old and has a net worth of more than $1 billion.
Photos of this young man have appeared in all magazines that talk about the rich and famous, and his success in entrepreneurship is due to a bold vision, not a separate title, or a colossal inheritance.
Developing the future of artificial intelligence
The son of Chinese immigrants was raised at a military base in New Mexico, the place where the first atomic bomb was developed.
The young entrepreneur was able to convince some of the largest companies in the world to entrust him with developing the future of their artificial intelligence systems through the pioneering data system that he created during the summer vacations.
In a recent interview with Forbes magazine, Wang said, "I told my parents that I would have a great future thanks to something I did in the summer, and that I would obviously never go back to school."
And Forbes magazine recently announced that Wang is the world's youngest new self-made billionaire, the same honor it gave Kylie Jenner in 2019. Forbes later retracted after accusing Jenner of lying.
Alexander Wang — not to be confused with the similarly named fashion designer — is the co-founder and CEO of AI, Skell, the startup he launched in 2016 when he was just 19 years old.
The San Francisco-based company's breakthrough in crafting big data tags to improve artificial intelligence systems has caught the attention of dozens of companies looking to improve their automated processes for voice transcription, image recognition and document collection.
And while this data is typically used in graphs and tables to support decision-making, the software Wang developed can turn a set of numbers into valuable insights for companies in every industry.
Latest company
Scale AI, the newest company in Silicon Valley, is among the companies that were valued at $1 billion before it went public.
The US military uses the company's software to determine the damage caused by Russian bombing in Ukraine, among other things.
The company has signed military contracts worth $350 million, and its board of directors includes former Amazon executives and the chief technology officer of the United States under former President Donald Trump, Michael Kratsios.
Skell's idea for artificial intelligence came to Wang during his brief studies as a student at the Massachusetts Institute of Technology, which is recognized as one of the best universities in the world.
Convinced that one of his roommates was stealing his food, Wang decided to install a camera inside the refrigerator to catch the alleged thief, and to help him gather information to know when it was necessary to shop for groceries.
The experiment planted the seed that grew into the Scale AI software that now enables organizations to unleash the full potential of their stored data.
As a child, Wang already demonstrated a talent for numbers by competing in Math Olympiads and programming competitions across the United States.
He was helped by his parents' work as physicists on US military projects, and his upbringing near Los Alamos National Laboratory, New Mexico, the secret government facility to create the first nuclear weapon.
"The kind of work my parents did had a huge impact on our family's world view," he says.
That's why I decided to become a programmer, I wanted to do something different in this world.”
At the age of 17 he packed his bags and headed to Silicon Valley, where he got a job as a programmer at Q&A Quora.
There he met Lucy Jo, who later co-founded Scale AI with Wang.
Besides her technical credentials, Jo is a well-known socialite and neighbor to celebrities such as David Beckham, and has been dubbed "Miami's #1 Party Girl" by the New York Post.
Spanish Alexander persuaded some of the world's largest companies to entrust him with developing the future of their artificial intelligence systems through the pioneering data system he created during the summer holidays.
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