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Ex-Ballerina Becomes World's Youngest Self-Made Billionaire
5 Dec
Summary
- Luana Lopes Lara, 29, is the world's youngest self-made billionaire.
- Her fintech platform Kalshi achieved an $11 billion valuation.
- Lara overcame rigorous ballet training to achieve financial success.
Luana Lopes Lara, a 29-year-old Brazilian-born former ballerina, has officially been recognized by Forbes as the youngest woman globally to achieve billionaire status solely through her own efforts. Her success is largely attributed to her fintech prediction market, Kalshi, which has rapidly grown to an $11 billion valuation, securing her an estimated personal fortune of $1.3 billion.
Lara's journey to immense wealth began with demanding ballet training at the Bolshoi Theatre School in Joinville, Brazil. Despite the intense discipline, she also excelled academically, securing gold in the Brazilian Astronomy Olympiad. She later transitioned from professional ballet in Austria to pursue computer science at MIT in the US, where she co-founded Kalshi with a classmate in 2017.
Kalshi, which allows users to wager on future events, faced significant early risks and regulatory hurdles. Lara notably led a successful lawsuit against the CFTC over election market bans, solidifying the platform's legality. Since then, Kalshi has experienced exponential growth, integrating with major financial platforms and expanding its market reach.
