Kalshi Co-Founder Lopes Lara Becomes the World's Youngest Self-Made Female Billionaire

BlockBeats News, December 3rd, according to Forbes, 29-year-old Lopes Lara has just become the world's youngest self-made female billionaire, surpassing 31-year-old Scale AI co-founder Lucy Guo, who took the title from Taylor Swift in April of this year.

The report stated that Lopes Lara and Kalshi's other co-founder Mansoor both grew up in Lebanon and met at MIT. They were part of the same international student circle and had very similar course selections, both majoring in computer science. In 2018, they both interned at Five Rings Capital in New York, strengthening their relationship. One evening, on their way back to the intern apartment in the financial district, they suddenly came up with the idea of starting a prediction market. Thus, Kalshi was born.

Prior to this news, Kalshi completed a $1 billion funding round at a $11 billion valuation. This round of funding was led by Paradigm, with other investors including Sequoia Capital, a16z, and Y Combinator, among others.