Meet The World’s Youngest Self-Made Billionaire: Austin Russell | Forbes
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- Опубліковано 18 кві 2021
- After dropping out of Stanford and getting a $100,000 fellowship from Peter Thiel, Austin Russell got to work on his passion project-and now, in the blink of an eye, he's the world's youngest self-made billionaire.
Luminar Technologies founder and CEO Austin Russell, now 26, spent his teens doing research at University of California at Irvine’s Beckman Laser Institute. The lanky, 6-foot-4 entrepreneur dropped out of Stanford in 2012 to found laser lidar (an acronym for light, detection and ranging) startup Luminar Technologies, after getting a $100,000 fellowship from billionaire tech investor Peter Thiel. Its sensors now help self-driving cars of such customers as Volvo, Toyota and Intel’s Mobileye see in 3D by bouncing laser beams off nearby objects and vehicles’ surroundings.
The company listed on the Nasdaq via a SPAC merger with Gores Metropoulos in December 2020. Russell, who owns about one-third, became a billionaire himself-in fact, the youngest self-made billionaire in the world at just 25.
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What a relief to see Austin’s wholesome clutch of TeamSeas at the last moment to start off the new year
Yeah!!!
UA-cam unverified you because of your behavior but you’re still getting likes
@@imsocringeandidocringestuf7301 what happened?
This is why I’m here too!
@@bigheadrat9493 Donated the last needed 4million for a 30million goal in the last 7 hours of the campaign. its called teamseas and is a large internet campaign to call people to donate to 2 charities that will do work on cleaning the oceans, mostly as a show to corporations and such that people care for the environment
$4 million to team seas! Thanks Austin. He saved the hype, the effort of thousands of creators!
Actually I think he did 800k dollars cause one dollar cleans up 5 pounds and he cleaned 4 million pounds
See, Forbes? These are the actual self made billionaires finding solutions and providing meaning to our society that you should be highlighting. Not Kylie Jenner.
Don’t hate...
@@StreetGeekz If people spend the money on Jenner products that make them happy and she builds a billion or near billion dollar brand they hey she's doing something right though isn't she? Entertainment and fashion are important as well..just sayin
@@kingstonchris5841 Right. People fail to realize that she is self made. She started the business with $250,000 and turned it into a billion dollar company. It’s a lot to start with for most, but it’s far from $1BiL.
@@StreetGeekz your forgetting the huge media attention her family already had, which is the main reason her brand is known...
@@mexxay5581 I’ve taken it all into account, but life is about seizing the moment and making everything count. She made it count. 🤷🏾
At 17 years old to have such a mindset is truly amazing. He was ahead of the curve.
How does one at 17 has the required knowledge? :')
@@TheAcujlGamer self learning i guess
@@TheAcujlGamer he probably was interested in physics and engineering at a young age and understood it very well. The way he was raised could play a role as well.
@@TheAcujlGamer High IQ and a supportive environment
Waaaaay ahead of his time!
Just amazing. I am 26 myself and I cannot believe how much you can get done in such a short amount of time. It proves there's literally no excuse to making something happen
Very true not wasting time on what doesn’t matter is all it takes
not true, he has had numerous advantages to the typical child. education, time, autonomy and equipment isnt equally provided to teenagers to have the ability to build a company. there is good excuses why poor africans arent the ones becoming pioneers in AI
@@dom1abc1mbc I agree with your statement (even though I think this guy may be a fraud), but you still can’t make excuses for wasting time...
There’s no such thing as a ‘Good Excuse “. If you keep telling yourself that, eventually you will find a “Good Excuse” not to make your bed or brush your teeth everyday.
If you don’t have education, you have Internet. If you don’t have education and internet, you find your way to the nearest engineering school and beg them to accept you through their scholarship program (if you have good grades to deserve it). Keep begging them until they tell you ‘f*ck off’, or until you find another school to accept you...
There’s almost always a way. It just depends how bad you want it.
@@MostlyPeacefulNinja i agree with you, but with context to this video it is far less plausible to do all that in a short time period.
@@MostlyPeacefulNinja why do you think he’s a fraud?
Dude literally looks like the main character to silicone valley
Hahaha, had the same thought
The ironic part is he looks like that guy would look if he played Football in Highschool
Dude these guys like austin vitalik musk bezoz are jus rich kids,.. they were born into ultra rich families
Let's say about my friend... When he was two no one in there family or even the relatives knew what a periodic table is .. how in the world is he gonna know bout some paper basic like a table?
All jus how rich u were born
India's richest guy - Mukesh Ambani (when his father dies died he had a net worth of 1.2bill$ in 2001-2) see already rich
Musk (mom was multi millionaire actress/model/author in 1970's and dad was a geeky engineer with speculation of owning a mine and multiple businesses )
Bezoz got 200$k for his company from his dad (now tell me how many parents can afford it (not mine I'll say that )they were rich u see
Vitalik buterin - mom millionaire senior finance executive dad millionaire serial tech entrepreneur
The rock - dad multi-millionaire boxing ultra champion
See the Trend you need wealthy parents to become super wealthy and super wealthy parents to become ultra wealthy
Now don't get me wrong but these proclaimed self made thing isn't real...
I mean yes there parents didn't transfer direct liquid assets into there portfolio... But that doesn't mean that they didn't inherit wealtj
They did in terms of seemingly intangible values throughout there upbringing which a middle or even semi rich class will never get
Long story short
U need to be born in wealthy family to have a better chance at becoming super wealthy
Almost all multi millionaire's and billionaires were born in WEALTHY (in some manner) and anyone who doesn't agree is jus easily accepting the dreams of rags to riches sold by people generally
Very few ,in few thousands who were actually born in middle or lower class and had/have so called stellar careers are jus toooo too Lucky ... Like some random event occurred which always helped them in some way which is beyond human understanding
The fact that he uses a Lenovo and not an Apple shows he is legit
love lenovo
r/gatekeeping
what’s wrong with apple?
@@dztrez2804 RISK/REWARD
PCs are shite
Twenty years later Forbes will feature his ex-wife as one of the wealthiest women in the world. 😆
Hoho hehe
💯
I hope she gives it all away to charity like MacKenzie besos. She's a legend. A real life robin hood.
@@cns3433 u really think she gives out billions for charity?
Hahahaha
I will become a millionaire when am 30yrs and that's one year from now.
That's good boy you have a vision. Am proud of that.
You are in the land of opportunities and you believe in the American dream.
If wishes were horses beggars will ride.
I hope you have plans to back your dreams?
I think you are one of those dealers.
Behold, the hero of the seas, Austin Russell
In another interview he said that at some point he read around 1000 articles per day to absorb all of the information, and watched online university lectures in 2-3x the speed.
Big brain for sure
Is there a link?
@@waynezhang3969 I've got it from this German article but I suspect they got it from somewhere else (www.stern.de/auto/news/austin-russell-ist-der-juengste-milliardaer-und-elon-musk-hasst-seine-technik-30405032.html)
Dude these guys like austin vitalik musk bezoz are jus rich kids,.. they were born into ultra rich families
Let's say about my friend... When he was two no one in there family or even the relatives knew what a periodic table is .. how in the world is he gonna know bout some paper basic like a table?
All jus how rich u were born
India's richest guy - Mukesh Ambani (when his father dies died he had a net worth of 1.2bill$ in 2001-2) see already rich
Musk (mom was multi millionaire actress/model/author in 1970's and dad was a geeky engineer with speculation of owning a mine and multiple businesses )
Bezoz got 200$k for his company from his dad (now tell me how many parents can afford it (not mine I'll say that )they were rich u see
Vitalik buterin - mom millionaire senior finance executive dad millionaire serial tech entrepreneur
The rock - dad multi-millionaire boxing ultra champion
See the Trend you need wealthy parents to become super wealthy and super wealthy parents to become ultra wealthy
Now don't get me wrong but these proclaimed self made thing isn't real...
I mean yes there parents didn't transfer direct liquid assets into there portfolio... But that doesn't mean that they didn't inherit wealtj
They did in terms of seemingly intangible values throughout there upbringing which a middle or even semi rich class will never get
Long story short
U need to be born in wealthy family to have a better chance at becoming super wealthy
Almost all multi millionaire's and billionaires were born in WEALTHY (in some manner) and anyone who doesn't agree is jus easily accepting the dreams of rags to riches sold by people generally
Very few ,in few thousands who were actually born in middle or lower class and had/have so called stellar careers are jus toooo too Lucky ... Like some random event occurred which always helped them in some way which is beyond human understanding
@@parimtm musk mom definitely wasn't a millionaire lol,and bezoz dad's invested that much in his company and trusted his son's vision with all they got lol.It doesn't matter even if his parents didn't invest,do you even know what angel investing is ? THESE ARE JUST EXCUSES THAT ONLY ALREADY RICH PEOPLE CAN GET MORE WEALTHIER LOL.Most billionaires were either middle class or from poverty.No one you mentioned were ultra rich lol.
@@parimtm rags to riches is in the cade of most billionaires whether you accept it or not.90percent of the stats you presented are false lol.Now,it's definitely not easy.You need to be lucky and extremelh brilliant and smart to achieve that.There are literally loads of billionaires from rags.You mentioned Mukesh Ambani but didn't talk about dirubhai who literally had a rags to riches story.my gawd.Jist say you hate the rich and you give excuses for not working hard and having smaller and simple dreams.its alright, you and I both r commenting on on medi while future billionaires are working smart in their basements.
Wow. It is just always incredibly beautiful to see someone with a passion seek and fulfill their dreams.
Exactly. The money is irrelevant, that's the stumbling block for most people.
Here after he donated 4 million to team seas
Who's here after he saved team seas?
Newest first
This the guy that donated 4 mil to team seas? Wow. If so, we’ll done.
Who else you think it is, the Austin that is a retail worker donated 4mil? Lol
So this is the guy who saved team seas
is this the same guy who saved team seas?
Yep
He and the other 600K people saved the sea😭
My lyf is complete dude❤
He saved team seas thanks dude
fr :(
Most rich people are just selfish, AND THEN THERES THIS GUY, LITERALLY DONATED 4 MILLION DOLLARS
I came here from team seas!
This really puts in perspective the overaching importance of innovation for being disruptive in today's digital space.
So this is the MVP that saved team seas
Very small detail, but this video in particular with headphones/earphones the audio is impeccable. Really upload those to put this video together.
Yoooo, Thanks for saving Team seas
legend
@@infirite72 ikr
@@Ishan_amp couldn't have done without him
@@infirite72 yeah, he's a real *legend*
Invested 20k with this guy. Luminar stock tanked from 40 to 16 bucks. Company too young and not established. I learned my lesson.
So he doesn’t have a proper product yet right?
Thanks Forbes, I love getting microphone audio only in my right earhole.
That's the guy that helped team seas meet their got before 2022!!!!
Always happy to see people winning! Good for him
this guy saved team seas! i respect
This dude saved Team Seas
I still wonder what's worse:
-Covid19
-Kardashians/Jenners/Influencers and people who watch them
I think so
The look on his face at 5:25 is not only jaw-dropping but so INSPIRING...read the satisfaction of looking at the luminar signage in the background!😂😂😂
Who came after his donation to team seas
Thanks Austin for that last minute team seas donation!
This genius didn’t even have time to put pictures on his office wall
#busy
Changing the World 👍
I don't have any pictures or frame in my house and business.
He donate 4 million in teamseas your so legend
Fun Fact : He memorized the entire periodic table when he was 2 and filed his first patent when he was 13.
lol are you sure?
That amazing Spider-Man beat @ 2:20 is when you unlock the final boss & discover your new skills & powers 😂
Thinking ahead and sticking to your dreams
Much respect to this dude. Genius mind.
Legand for donating 4m to team seas
Ikr
Legend*
Pov: youre here after team seas
I like him because his office is smaller than mine. All business no ego. Good for him
This guy is a legend
Literally inspiring n paving the way.
The problem with lidar sensors are. It will be unpredictable if there is heavy rainfalls or snowfall. Thats the reason Tesla is using camera instead of lidar.
90% of people here came from teamseas to find out who he is
yes lol
Austin russel is a legend
I am so glad to see this type of news!
more public companies that do nothing but waste money
LOL. I don’t understand how someone can be ‘successful’ in the market place without selling anything or even being profitable pre-tax at the very least. Silicon Valley runs the biggest Ponzi scheme in America.
@@MostlyPeacefulNinja its all "hypothetical " because some will be big winners
Austin the goat
It's crazy how one human can impact and change lives thanks for the donation
Inspiration🙏
Too many numbers in the air... we don't even know if self-driving car companies are worth that much, or if many they will survive the next 3-4 years. This company seems to be dependent on them.
Cool. He’s still a billionaire
@@zakleever1105So was Elizabeth Holmes. I'm not talking about the person, I have nothing against the guy, he seems focused and dedicated and I like the company but this video is largely premature hype. This thing will probably get buried in the coming AI winter.
@@zakleever1105 untill the fed cuts off the money supply and all these loss making companies drop hard.
@@jujijiju6929 What do you run ?
Wow hopefully many others follow his footsteps . Kudos!
I support anything that will make roads safer. Way too many people get killed and horrifically injured. Good work young man!
Inspiring!! Thanks for sharing!!!!$😎🚘🌠✌🏽
I pray whoever reads this will be successful, keep fighting for success, them rich stay rich by spending like the poor and investing why the poor stay poor be spending like the rich yet not investing, Roar!! Invest, earn and be successful.
If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams..
Impressive, I realized that the secret to making a million is saving for a better investment...I always tell myself you don’t need that new Aston Martin or that vacation in Hawaii just yet and that mindset helps me make more money investing.
You’re right investing now should be at the top of wise individuals list because in few years you'll be ecstatic with the decision you made now
Diversifying is the best key to investing and being wealthy.
Yeah you're right one needs to diversify to have different stream's of income.
Inspiring!
How tf does a video like this have thumb down ?
This is amazing!!!
They are those who didn't see his work as having any poteintial.
Well not everyone love to see a progress in somebody, and this video is about a technology called Lidar that'll change the world
Lil💩
To achieve all this at age 26 is truly remarkable.
Anyone can trick investors at 23 to 30, easily. He did it and investors spend on hype
Very beautiful thank you!
I thought of investing in bitcoin in 2018 but i was discouraged by my friends is it safe now?
U kidding me? So you didn't invest in 2018 (kudos for your wise decision) and now you hesitate? It's not just save now ,it's maditory to buy BTC before it finally blast off
Bitcoin trading right now will be at every wise individuals list. In few minutes you'll be ecstatic with the decision you made today
Bitcoin trading nowadays is a big change to make money
BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD
Buy and invest in bitcoin and other cryptocurrency today!!!!
You are a legend to donate 4 million ❤️
You have my respect man 🤝❤️
Inspiring
this guy is basically richard from silicon valley
Sick stuff, congrats
This man is a true legend
He donated 4 mil to teamseas
Great video!
Uh he didn't invent lidar. The description is misleading.
From his stand point of view life seems really meaningful and inspiring
GME youngsters: Hold my beer!
worlds youngest would have been Nitesh Agarwal.
although not as rich he definetly became billionaire at younger age
Someones messed up the mic.
So, now he gave laser vision to machines which can see rather than destroying like Vision
Wow🤩🤩🤩
the camera is not full 180' view...cannot go through intersection with no traffic light...can this compete with google and tesla driving AI...hope so
Brought to you by your right ear
Only hearing about Austin for the first time but he surely knows his stuff.
Forbes presenting youngest self made bllionaires every week now
For only a seconds. He became a Legend🤣
But nobody talk of were is capital to start the business come from
This is a real youngest self made billionaire and not the born millionaire youngest “self made billionaire” kylie jenner
We are living in the future guys. Sometimes we forget 😉
this man is a HERO!! THANK YOU AUSTIN FOR DONATING 4 MILLION TO TEAM SEAS. you’re making a difference for everyone on earth
now imagine this same technology guiding autonomous drones and military industrial foot soldier kill robots....smh.
Austin Russell 24 year old
Me 24 years old : watching this on in couch
Guys a genius would love to know how he made it possible. Lowkey reminds me of Richard from Silicon Valley😂
This guy is an obvious genius. Incredible
What about Nishant and Ritesh Aggarwal?
Woow
Slowly and steadily, I'm getting there. Recently made my first million. Who can guess how?
Has to be stock trading!!! Made my first million through it earlier this year as a newbie after I met a professional from a reputable firm... Retiring by next year with absolutely no fears!!
@@brandirichards5519 Thats really impressive. Have tried doing that on my own without any luck for sometime now. Who is this professional you worked with please
@@theworg100 "Martha Elizabeth Linsley", she was in the news when she revived Grumac company in 2018. You can look her up on the web to get more on her!
@@brandirichards5519 Wow I know this pretty little lady. Met her once at a fundraiser in Dallas. Great speaker.
Stripping? Go fund me? Only fans?
Amazing tech...Glad I invested
Stonksss ♐
Billionaires and PewDiePie fans are getting smaller by the day .
Forbes come to nigeria there are a lot of self made entrepreneur there too.
In what industry's
not high tech inventors
@@jimmybivins4918 Fintech
"from the ground up"
So inspiring