And for the few people behind this AI<\/a> boom, there have been enormous profits to be made.<\/p>\n Leading the pack as the richest of new AI billionaires is Jensen Huang<\/a>, CEO of chipmaker Nvidia, with a staggering net-worth of \u00a3113 billion ($151bn).<\/p>\n Mr Huang joins several monumental big tech figures, such as Meta<\/a>‘s Mark Zuckerberg<\/a> and Elon Musk<\/a>, who have recently made huge investments in AI.<\/p>\n But it isn’t just the heads of massive, established companies which have been making themselves extraordinarily wealthy from AI.<\/p>\n At just 26 years old, Alexandr Wang has now become the youngest self-made billionaire with a net worth of \u00a32.7 billion (\u00a33.6bn) thanks to his company Scale AI.<\/p>\n So, here are the richest and youngest AI-billionaires who have been making a fortune from the big tech boom.<\/p>\n Jensen Huang: \u00a3113 billion ($151bn). Mr Huang is the co-founder and CEO of Nvidia, the world’s largest producer of the advanced computer chips that enable AIs like ChatGPT or Meta AI to operate<\/p>\n Jensen Huang: \u00a3113 billion ($151bn)<\/p>\n Jensen Huang, 62, is the co-founder and CEO of Nvidia, the world’s largest producer of the powerful chips used in AI.<\/p>\n Known for his signature leather jacket and rockstar-style public appearances, Mr Huang has led Nvidia to become the first ever $4-trillion company in July.<\/p>\n Nvidia initially specialised in advanced graphics cards needed for video rendering and high-end gaming computers.<\/p>\n However, those chips soon became indispensable to the growing AI industry due to their ability to perform the computations that power AIs like ChatGPT.<\/p>\n As more companies have invested in AI data centres and developed their own models, Nvidia’s valuation has only risen.<\/a><\/p>\n Mr Huang owns three per cent of Nvidia,<\/a> with those shares becoming worth 300 per cent more valuable in the last year.<\/p>\n The explosive growth in AI revenues worldwide has made Mr Huang one of the world’s 20 richest people.<\/p>\n Alexandr Wang: \u00a32.7 billion (\u00a33.6bn). Mr Wang became the youngest self-made billionaire in 2021 thanks to the success of his data-labelling company Scale AI<\/p>\n Alexandr Wang: \u00a32.7 billion (\u00a33.6bn)<\/p>\n In 2016, at the age of just 19, Alexandr Wang dropped out of MIT to launch his company Scale AI.<\/p>\n The startup provides the tools for companies to put their raw data to work in AI and machine learning applications.<\/p>\n Now, Scale AI has over 300 clients, including giants like General Motors, Google, and Meta.<\/p>\n Mr Wang, now 28 years old, owns an estimated 14 per cent of Scale AI, which was valued at \u00a310.5 billion ($14bn) in 2024.<\/p>\n In 2021, that made Mr Wang the youngest ever self-made billionaire.<\/p>\n Sam Altman: \u00a31.4 billion ($1.9bn)<\/p>\n Possibly one of the most well-known names in the world of AI, Sam Altman, 40, is the CEO of OpenAI, the company behind ChatGPT.<\/a><\/p>\n Sam Altman: \u00a31.4 billion ($1.9bn).\u00a0Possibly one of the most well-known names in the world of AI, Mr Altman is the CEO of OpenAI, the company behind ChatGPT, but owes his wealth to private investments<\/p>\n Mr Altman’s fortunes began when he sold his social-mapping company Loopt for \u00a332 million ($42 million) in 2012.<\/p>\n Using that money, Mr Altman started his own venture capital investment fund.<\/p>\n After a stint as the CEO of the startup accelerator Y Combinator, Mr Altman was hired as CEO of OpenAI in 2019.<\/a><\/p>\n At the time, OpenAI was already worth \u00a360 billion ($80 billion)<\/a>, but that value has now risen to an estimated \u00a3225 billion ($300bn).<\/p>\n However, Mr Altman does not own any equity in the AI giant and owes his vast fortune to his other investments.<\/p>\n Primarily, Mr Altman’s status as a billionaire comes from investments in Stripe, Reddit and the nuclear fusion firm Helion.<\/p>\n Phil Shawe: \u00a31.3 billion ($1.8bn)<\/p>\n Phil Shawe, 55, is the founder and co-CEO of the AI translation and language firm TransPerfect.<\/p>\n Phil Shawe: \u00a31.3 billion ($1.8bn). Mr Shawe’s translation company, TransPerfect, turned over \u00a3976 million ($1.3 billion) in revenue during 2024<\/p>\n TransPerfect is now one of the largest translation services in the world and offers translation and localisation services for industries from gaming and film to law and healthcare.<\/p>\n Mr Shawe owns 99 per cent of the company, which turned over \u00a3976 million ($1.3 billion) in revenue during 2024.<\/p>\n Mr Shawe founded the company out of his New York University dorm room with his then-girlfriend in 1992.<\/p>\n However, following a messy legal battle, a Delaware judge approved Mr Shawe buying his previous partner for \u00a3578 million ($770m) due to ‘complete dysfunction’ between the pair.<\/p>\n Dario Amodei: \u00a3901 million ($1.2bn)<\/p>\n In 2021, seven of Sam Altman’s OpenAI employees defected from the company to start their own firm called Anthropic.<\/p>\n Dario Amodei, 42, CEO of Anthropic, founded the company with his sister Daniela Amodei, who serves as president.<\/p>\n Prior to founding Anthropic, Mr Amodei had been vice president of research at OpenAI.<\/p>\n Dario Amodei: \u00a3901 million ($1.2bn). Mr Amodei is the CEO of Anthropic, an AI firm he founded alongside six other former OpenAI employees, including his sister Daniela Amodei. All seven are now billionaires<\/p>\n Mr Amodei’s most significant contribution was the creation of ‘reinforcement learning’, which allows AIs to learn from human feedback.<\/p>\n By March of this year, Anthropic had grown to be worth \u00a346.2 billion ($61.5bn) and has now made Mr Amodei a billionaire.<\/p>\n Liang Wenfeng: \u00a3751 million ($1bn)<\/p>\n The Chinese entrepreneur Liang Wenfeng, 40, was almost entirely unheard of in the West up until last year.<\/p>\n That all changed when the large language model DeepSeek-R1 rocked global tech markets.<\/a><\/p>\n DeepSeek was able to outperform rival ChatGP<\/a>T on some metrics while costing only five per cent as much to operate.<\/p>\n DeepSeek’s arrival onto the market was so explosive that Nvidia’s share price plummeted by 17 per cent in one day, wiping out \u00a3451 ($600bn) in value.<\/p>\n Mr Wenfeng, CEO and founder of DeepSeek, now has an estimated net worth of \u00a3751 million ($1bn).<\/p>\n Liang Wenfeng: \u00a3751 million ($1bn). Having started his career as the head of a Hedge Fund, Chinese entrepreneur Liang Wenfeng used the profits of his investments to create DeepSeek, an AI which rivalled ChatGPT for a fraction of the cost\u00a0<\/p>\n Unlike many other tech billionaires, Mr Wenfeng does not come from a computer engineering background.<\/p>\n Instead, Mr Wenfeng started his career as the founder of a hedge fund called High-Flyer.<\/p>\n Yao Runhao: \u00a3977 million ($1.3bn)<\/p>\n Yao Runhao, 37, founded the game development company Paper Games in 2013 and now serves as chairman and CEO.<\/p>\n Although the game developer is little known in the West, the company is wildly popular in China.<\/p>\n Each month, roughly six million people play Mr Runhao’s AI dating simulator, Love and Deepspace – that is equivalent to three-quarters of London’s population.<\/p>\n The virtual dating game uses AI to create virtual love interests that offer flirtatious responses to phone calls with players.<\/p>\n Paper games now employs about 2,000 staff to produce games which are almost entirely marketed to Chinese women.<\/p>\n![\"Jensen](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/100905267-14968499-image-a-1_1754308120841.jpg\")
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<\/p>\n![\"Dario](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/100904799-14968499-image-a-5_1754308273772.jpg\")
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![\"Kai-Fu](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/8025182-6607809-Kai_Fu_Lee_the_author_of_AI_Superpowers_China_Silicon_Valley_and-m-37_1547837052476..jpeg\")
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