A 30-year-old US tech entrepreneur born to immigrant parents has unseated Taylor Swift as the world’s youngest self-made female billionaire.

Lucy Guo, who is worth an estimated $1.3bn (£1bn) according to Forbes, told The Telegraph that her new title “doesn’t really feel like much”.

“I think that maybe reality hasn’t hit yet, right? Because most of my money is still on paper,” she said.

Ms Guo’s wealth stems from her 5pc stake in Scale AI, a company she co-founded in 2016. The artificial intelligence (AI) business is currently raising money in a deal likely to value it at $25bn.

That valuation – and the billionaire status it has bestowed upon Ms Guo – underlines the current AI boom, which has reinvigorated Silicon Valley and is now reshaping the world. Everyone from Mark Zuckerberg

See Full Page