A 26-year-old CEO has been crowned the youngest self-made billionaire on Forbes annual Billionaires List after Kylie Jenner was removed msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Russell became a billionaire virtually overnight in December when his company, Luminar Technologies, was listed on the Nasdaq via an SPAC merger. Forbes estimated Russell s net worth at $2.4 billion.
Russell received a $100,000 fellowship from the billionaire investor Peter Thiel in 2012 and dropped out of Stanford to found Luminar Technologies, which builds sensors for autonomous vehicles.
The company s sensors have been used to create self-driving cars at companies like Volvo and Toyota. Luminar s technology relies on lidar, which uses pulses of light to create a 3D map of a car s environment, allowing it to determine the best course and avoid obstacles.
A 26-year-old CEO has been crowned the youngest self-made billionaire on Forbes annual Billionaires List after Kylie Jenner was removed yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.