
Who is Lucy Guo? The tech star who just surpassed Taylor Swift on the billionaire list
Lucy Guo, 30, has just earned a new title, the youngest self-made female billionaire in the world, according to Forbes. With an estimated net worth of $1.3 billion, largely fuelled by her early stake in Scale AI, Guo now sits among the world's most powerful and intriguing tech entrepreneurs.
Her 5% stake in Scale AI, which she co-founded in 2016, is now valued at around $1.2 billion. Though she exited the company just two years after its founding, her role in shaping its early growth and operations has left a lasting imprint.
A childhood filled with codes for Lucy Guo
Born in Fremont, California, to Chinese immigrant parents, Guo started coding by the time she was in second grade. Encouraged by her own curiosity, even when her parents hesitated about her entering the male-dominated tech industry, she was creating bots for online games and earning real money before most kids knew what programming was.
She enrolled in Carnegie Mellon for computer science but left in 2014 after receiving the prestigious $100,000 Thiel Fellowship, which supports young entrepreneurs in building businesses instead of completing university.
From scale AI to startup stardom
After stints at Facebook, Snapchat, and Quora, Guo co-founded Scale AI alongside Alexandr Wang. She led operations and product design, while Wang served as CEO. Though creative and business differences led her to leave in 2018, her retained equity has since made her a billionaire.
Post-Scale, she launched Backend Capital and later founded Passes, a content platform positioned as a more family-friendly alternative to sites like OnlyFans. In 2024, Passes raised $40 million in Series A funding.
Facing challenges amid success
In early 2025, Passes became the subject of a class action lawsuit alleging the platform failed to prevent harmful content. Guo, named in the suit, denied any wrongdoing and described the case as a defamatory attempt to extort money from her and the company.
Guo splits her time between Los Angeles and Miami. Known for commuting by electric skateboard and collecting Pokémon cards, she balances her intense work ethic with an unapologetically bold lifestyle. While she acknowledges that her online presence can appear abrasive, those close to her say it is part of a confident, no-nonsense personality.
Currently ranked No. 26 on Forbes' Richest Self-Made Women list, just five spots behind Taylor Swift, Guo's story is proof that innovation, resilience, and vision can redefine the rules of tech and business.

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Mint
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'Actually, industry needs protection like some anti-dumping measures and MIP to make India self-reliant," the second person said, referring to a practice where a country 'dumps' its exports in other countries at prices that are less that what it costs to make these goods. Exports marginally higher As per commerce ministry data, India recorded a modest trade surplus in bulk drugs and intermediates in FY25, with exports totalling $4.90 billion and imports at $4.64 billion. In FY24, exports stood at $4.79 billion, slightly ahead of imports worth $4.56 billion, again resulting in a surplus. Similarly, in FY23, exports were $4.77 billion compared to imports of $4.51 billion, continuing the trend of a positive trade balance in this segment. The Indian Drugs Manufacturers' Association (IDMA) called for a cautious and data-driven approach to the proposal for imposing minimum import prices on select APIs and KSMs. The industry body has warned the government against a blanket application of the trade measure. 'We believe that a data-backed, well-studied and balanced approach should be considered," said Viranchi Shah, national spokesperson for IDMA. While the move is intended to discourage cheap imports and support the domestic pharma industry, Shah cautioned that India's strong position in finished formulation exports must not be compromised. Also read | India seeks financial details of pharmaceutical marketing practices 'The minimum import price should not come as a blanket strategy across the board, considering that India also has a very strong formulation industry," he said. 'Our industry has to remain competitive both domestically and globally." 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Strengthening domestic production is thus not just an economic priority but a national security imperative," he said. A GTRI report from April 2024 states that India's imports of chemicals and pharmaceuticals reached $54.8 billion in FY2024. Between 2007 and 2022, China's share in these imports rose sharply from 18% to 29%, with imports from China increasing nearly fourfold—from $4.4 billion to $17.4 billion. Also read | Bitter pill for Indian pharma as Trump tariffs could hurt exports by $2.25 bn Although imports from other countries has also ballooned, the heavy dependence on China remains a major strategic concern. In 2022, India's chemical and pharmaceutical imports totaled $76.94 billion, with China accounting for 26.8%, followed by Saudi Arabia, the US, Japan, and Russia. There has been a notable increase in antibiotic imports from $551.2 million in 2007-10 to $1.27 billion in 2020-22, an increase of 130.7%. Here too, China's market share climbed to 81.7%, underscoring a high dependency on Chinese pharmaceutical products essential for addressing widespread public health needs in India, it said. Instrument of control A minimum import price is an instrument used by countries to control surplus imports. As a case in point, India has used MIPs to curb the import of steel and agricultural products like onions and pulses. By filtering out extremely low-cost imports, MIP also helps maintain quality standards, ensuring that only manufacturers capable of meeting cost-based compliance and quality norms supply APIs to the Indian market. 'While such a measure could lead to a short-term increase in input costs for drug makers dependent on Chinese supplies, it is seen as a necessary step for strengthening the domestic pharmaceutical ecosystem and reducing strategic vulnerabilities," said Abhash Kumar, a trade economist and assistant professor of economics at Delhi University. 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