As of now, he is on number 1299 on the list of billionaires. Russell replaced her on the list after Forbes after her net worth was overvalued according to the documents provided by her. The spot for the youngest self-made billionaire was initially claimed by popular celebrity Kylie Jenner. They instead use a set of external cameras that pair with Tesla’s homegrown ‘Full Self-Driving’ software.Īlso Read: 11 Crazy Expensive Purchases By Tech Billionaires That Are Truly Out Of The World Replacing Kylie Jenner Surprisingly, this technology isn’t being used by Tesla’s self-driving cars. They’re essentially based on LIDAR technology that uses light pulses to form a 3D map of what’s around the car and thus enabling it to better understand the route and move past obstacles. Sensors developed by Luminar Technologies have been seen in vehicles developed by renowned car manufacturers like Volvo, Toyota. Also know about Austin Chumlee Russell bio, salary, height, age weight. He was studying at Stanford at the time and eventually made the decision to drop out to start his own company. Austin Russell founded Luminar Technologies when he was 17.S. His company that develops sensors for self-driving cars - Luminar Technologies - was founded by him after he received a $100,000 fellowship from billionaire investor Peter Thiel in the year 2012. To this day, he claims that he has learned most of what he knows from Wikipedia and YouTube. Most of his late teenage years were spent at the University of California at the Irvine Beckman laser Institute before he decided to enroll at Stanford. When he was just 13 years old he applied for his first patent for a groundwater recycling system that would collect wastewater from sprinklers and reuse it.Īlso Read: Whitney Wolfe Herd Is Youngest Self-Made CEO Billionaire To Take Her Company Public As he entered grade six, he learned how to connect his Nintendo DS game console to a mobile phone, after his parents didn’t allow him to have one. According to Forbes, Russell, at the age of two years had memorized the periodic table of elements.
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