Austin Russell, 28, has an estimated net worth of $1.6 billion, due to the performance of his tech startup Luminar Technologies, which currently has a market cap of $2.4 billion. The company, which Russell founded 11 years ago as a teenager, develops hardware and software meant to power self-driving cars.

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Russell is known as one of the youngest self-made billionaires in the world and has played an important role in advancing the technology of self-driving cars. Despite his young age, he has been able to make a significant impact in the automotive industry and related technologies