Los Angeles – Billionaire AI entrepreneur Lucy Guo has reportedly paid $29.5 million for a newly built home in the Hollywood Hills, marking a significant addition to her burgeoning real estate portfolio. The acquisition was exclusively reported by The Wall Street Journal, highlighting the tech mogul's latest high-value investment.Poster Description: Billionaire AI entrepreneur Lucy Guo acquires a $29.5 million Hollywood Hills residence, adding to her growing real estate portfolio. This move follows her success with Scale AI and her new venture, Passes, emphasizing her influence in both AI and the creator economy.
Guo, 30, is widely recognized as the world's youngest self-made female billionaire, a title she secured primarily through her stake in Scale AI. She co-founded the artificial intelligence data labeling company in 2016, departing in 2018 but retaining a significant equity share that recently saw Scale AI valued at $25 billion. This valuation significantly boosted her net worth, estimated at approximately $1.25 billion.
Beyond Scale AI, Guo has continued her entrepreneurial endeavors, notably founding Passes, a platform designed to empower content creators. Passes, which secured $40 million in a Series A funding round, focuses on providing monetization tools and fostering direct engagement between creators and their audiences. Her ventures underscore her influence across both the AI and creator economy sectors.
The Hollywood Hills, a coveted enclave in Los Angeles, is renowned for its luxurious properties and panoramic views, attracting high-net-worth individuals from various industries. While details of the specific property remain exclusive, the reported $29.5 million price tag reflects the premium nature of the area's real estate market, particularly for newly constructed residences.
This purchase follows previous real estate investments by Guo, including a $6.6 million residence in Miami's One Thousand Museum tower and a $4.2 million modern farmhouse in West Hollywood. Her expanding property holdings reflect her substantial wealth accumulated through her pioneering work in artificial intelligence and her subsequent ventures in the digital creator space.