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

On December 3, according to Forbes, 29-year-old Lopes Lara has just become the world's youngest self-made female billionaire, 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. The report states that Lopes Lara and Kalshi's other co-founder Mansour both grew up in Lebanon and met at MIT. They belong to the same international student friend group, and their coursework is quite similar, 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 returning to their financial district internship apartment, they suddenly came up with the idea of starting a prediction market. This led to the creation of Kalshi. Previously, it was reported that Kalshi completed a $1 billion financing round with a valuation of $11 billion. This round was led by Paradigm, with other investors including Sequoia Capital (, a16z, and Y Combinator.