Kalshi co-founder Lopes Lara has become the youngest self-made female billionaire in the world.

BlockBeats reported on December 3 that 29-year-old Lopes Lara has just become the youngest self-made female billionaire in the world, surpassing 31-year-old Lucy Guo, co-founder of Scale AI, who held the title after taking it from Taylor Swift in April this year. According to reports, Lopes Lara and Kalshi co-founder Mansour both grew up in Lebanon and met at MIT. They belong to an international student friend group and took very similar courses, both majoring in computer science. In 2018, they both interned at Five Rings Capital in New York, which brought them closer together. One night, while on their way back to their internship apartment in the Financial District, they suddenly came up with the idea of starting a prediction market. Earlier reports indicated that Kalshi completed a $1 billion financing round at a valuation of $11 billion. This round of financing was led by Paradigm, with other investors including Sequoia Capital, a16z, and Y Combinator.