TAREK MANSOUR
She has $2.6 billion but still works 14 hours a day: Why the world’s youngest self-made woman billionaire can't slow down
Luana Lopes Lara, the 30-year-old co-founder and COO of Kalshi, has an estimated net worth of $2.6 billion and is the world's youngest self-made female billionaire. Despite her wealth, she continues to work 12 to 14 hours a day and rarely takes time off. In an interview with Fortune, Lara said her lifestyle has changed little because she has always been focused on building Kalshi. The prediction market company's valuation has surged amid growing investor interest, even as its sports-related contracts face legal challenges in the United States.
Kalshi launches perpetual futures tied to US 500 stock index
Kalshi has introduced a new perpetual futures contract that is linked to its US 500 index. This contract will allow traders to hold positions indefinitely, without the need to roll over. It aims to provide stock market exposure, a key step in Kalshi's expansion as a financial exchange. The CEO mentioned leveraging long or short positions on the stock index.
Tiger Global, Dragoneer in talks to invest in Kalshi's new $1 billion fundraise
The fresh capital raise is expected to be finalised in the coming weeks and will value Kalshi at about $40 billion, the sources said, requesting anonymity as the discussions are confidential. It comes on the heels of a $1 billion fundraise in May that valued the firm at $22 billion.
Who is fighting in Yemen? Key factions battling for control of the country
Houthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. This escalation threatens a return to large-scale conflict after a fragile truce. Saudi Arabia leads a coalition against the Houthis, seeking regional stability. Various factions, including the Saudi-backed government and southern separatists, are involved.
Coinbase, Kalshi bring regulated perpetual crypto futures to US investors
Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely without the need to roll over contracts. These instruments also permit high degrees of leverage - often as much as 50-to-1 - enabling investors to amplify their exposure to market moves.
Kalshi valued at $22 billion in latest funding round
Kalshi, a prediction market platform, has secured $1 billion in funding. This investment values the company at $22 billion. The platform aims to expand its offerings for hedge funds and asset managers. Institutional trading volume has seen significant growth. Event contracts are poised for substantial market expansion.
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From a trained dancer to world's youngest self-made billionaire at 29: Meet Luana Lopes Lara, her career and education
Luana Lopes Lara, a former professional ballerina from Brazil, has become the world’s youngest self-made woman billionaire at 29. After intensive ballet training and a brief professional dance stint in Austria, she pursued Computer Science at MIT, gaining experience at top financial firms. Alongside cofounder Tarek Mansour, she launched the prediction-market platform Kalshi, navigating complex regulatory challenges to create a legally approved exchange.
At 29, she is the youngest self-made billionaire — who exactly is Luana Lopes Lara?
Former ballerina Luana Lopes Lara, 29, is now the world's youngest self-made female billionaire after her prediction market startup, Kalshi, reached an $11 billion valuation. Enduring rigorous ballet training and academic challenges, she transitioned to tech, co-founding Kalshi with MIT classmate Tarek Mansour. The platform's success, despite regulatory battles, highlights her resilience and entrepreneurial drive.
Who Is Luana Lopes Lara? Meet the former ballerina-turned-tech visionary who just became the world’s youngest self-made woman billionaire
Luana Lopes Lara, 29, is now the world's youngest self-made woman billionaire. Her prediction market platform, Kalshi, achieved a $11 billion valuation after raising $1 billion. This success follows a journey from professional ballet to computer science. Kalshi navigated legal challenges to become a regulated marketplace. The platform now sees significant trading volumes, particularly in sports contracts.
From ballerina to billionaire: 29-year-old Luana Lopes Lara becomes world’s youngest self-made woman billionaire
Lara’s prediction market platform, Kalshi, lets users trade on real-world events, from economic reports to elections, turning uncertainty into an investable asset class.
Kalshi’s cofounder, who once endured brutal ballet training, now snatches Taylor Swift’s title as world’s youngest self-made woman billionaire
Luana Lopes Lara, a former ballerina, is now the world's youngest self-made woman billionaire. She cofounded Kalshi, a prediction market startup. The company has seen rapid growth and significant funding. Lopes Lara's journey from ballet to tech leadership is remarkable. Kalshi is expanding its reach and forging new partnerships.
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