News Summary

• Kalshi chief operating officer Luana Lopes Lara is the youngest self-made woman billionaire.
• The company is pulling in revenue at a rate of $1.5 billion annually, by letting users wager on the outcome of events across sports, pop culture, politics and more.
• She and cofounder Tarek Mansour, who each hold an estimated 12% stake in the Kalshi, are worth $2.6 billion each.
• They are the youngest list makers on Forbes’ inaugural Iconoclast 50.