Austin Russell (born in 1995) is an American billionaire entrepreneur from San Juan Capistrano, California. He is the founder of Luminar Technologies which was founded in 2012, majorly focused on autonomous driving. Luminar Technologies came into the market in the year 2020 and holds 104.7 million shares in the market.
He is Technology Pioneer by his occupation. He mentioned in one of his interviews that the success of his foundation came after he dropped out of college.
The purpose of his company is to enable cars to navigate more effectively using a 3D map of the road. Russell’s name comes under the first 25 billionaire under 30 years of Technology innovators in the United States.
Wiki/Biography
This successful entrepreneur took birth on the laps of his mom & dad in 1995 in San Juan Capistrano, California, U.S. Austin Russell is 25 years old as of 2020. His nationality is American.
World’s newest and youngest self-made billionaire currently located in Palo Alto, California, United States.
While studying in lieu of high school, he became an independent researcher at the University of California, Irvine’s Beckman Laser Institute where he was studying.
As an undergraduate student, he enrolled in Stanford University[1]LinkedIn. in Applied Physics but later dropped out to pursue his dreams of building his own company.
Physical Appearance
- Height: 5”9”
- Weight: 78 kg (approx.)
- Hair Colour: Light Brown.
- Eye Colour: Hazel.
- Body Type: Slim.
Family & Ethnicity
Parents & Siblings
Self-Made Russell’s father’s name is Michael who is a real estate veteran who serves as a chief financial officer but there is not much information is provided on her mother.
We will update you soon regarding Austin Russell’s siblings as well.
Married Life, Spouse & Children
He is too young to married right now and not even involved in any relationship as well, according to him his vision and mission of making self-driving cars is his first and final priority.
Austin Russell is currently having no child.
Career
Engineer Russell, started his career by building supercomputers and optical power transmission at the age of 11. He also became the first independent researcher at Beckman Laser Institute, after three years of applied his first patent at the age of 13.
At the age of 17, he took a first step towards building Luminar, and by the age of 18, he dropped out of Stanford University to build his empire.
In order to build his company, the young Entrepreneur accepted a fellowship from Peter Thiel (founder of PayPal) who is a venture capitalist. Rusell serves as its chairman and holds 83% of the voting power.
Austin Russell builds Luminar with the mission to make autonomy safe and grown his business along with 400 person operations and partnered with other leading automaker’s and companies like Volvo, Audi, Daimler Trucks, Toyota, and other manufactures as well who build autonomous vehicles.
Charles Dean Metropoulos and Alec Gores joined Luminar as chairman and company’s board member.
Some Lesser Known Facts about Austin Russell
- His Net worth is the US $2.4 billion.
- According to CNBC, Russell mentioned in his interview that he set up the company to be a long-term sustainable business and holds the future of autonomy for all of these automakers.
- Austin Russell ventures developed an advanced LIDAR sensor to help autonomous vehicles see and understand the world around them.
- His company holds a market value of about $ 7.8bn, after increases the share price by 28%, according to the Wall Street Journal.
- He recently participated in 3 events, Collision 2018, Web Summit 2017, and North America International Auto Show in 2017.
References
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