Pedro Franceschi, the new youngest billionaire in Latin America

Forbes’ most recent list of the world’s youngest billionaires puts Pedro Franceschi, just 25, in third place with an estimated worth of $1.5 billion. He is also the youngest billionaire in Latin America because he was born in Brazil. Only 19-year-old Kevin David Lehmann from Germany and 25-year-old Alexandra Andersen from Denmark are better than this man (Norway). Here we tell you more about this man and how he became so rich at such a young age.

Who is Pedro Franceschi?

Pedro Franceschi is co-CEO of Brex, a fintech startup that started in 2017 and wants to change the world of credit cards. Forbes says the young man became a billionaire in January 2022, when his California-based company raised money from private investors and was valued at $12.3 billion, which is a pretty big number.

6.) Henrique Dubugras (@hdubugras) and Pedro Franceschi (@pedroh96) – Co-founders of Brex

They launched Brex after realizing:

How difficult it was to gain access to capital from traditional banks, especially as international founders with minimal credit history. pic.twitter.com/yBCpjqHgyj

— Tech Misfits (@TechMisfitsNFT) August 3, 2022

From a young age, the young Brazilian was interested in computers and technology. Between the ages of 8 and 9, he used Google to learn programming and even learned how to hack iPhones to earn money. At age 14, he created an iPad app that allowed him to run multiple apps at the same time. He also worked on other projects that got him noticed. This helped him get jobs at some big companies while he was still a teenager. Between 2009 and 2013 he worked on Brain Juice, Sync Mobile, and M4U.

See also  The best smartphones for gamers in 2022

Several profiles say that the man met his Brazilian friend Henrique Dubugras in 2012 when they were arguing on Twitter about who made the best code. So, they started working together. They started a small business payments company called Pay.me, but sold it in 2015. They both went to Stanford University for a year, but dropped out to start working on Brex.

Brex

“We are reinventing financial systems so that every growing business can reach its full potential,” Brex says on its website. He also says: “We are building the financial operating system to connect the services and software they need on their journey. We will build everything businesses need to start secure, grow fast, and reach their full potential as they build the future.”

He says that Airbnb, Classpass and many other companies are among his clients. They also have help from the people who started PayPal.

Their software has many different tools, such as the ability to track spending and give small businesses options for startup or corporate credit cards. The company is only five years old, but it has already received a lot of money from investors. This could lead to a lot of growth and a broader range of clients, which could see Franceschi and Kevin David Lehmann move up the billionaire list.

The team he formed with Henrique Dubugras is interesting because they both run the company as co-CEOs, which is unusual for a company like theirs, but it is possible that they will remain in that position for years to come.

See also  How to use goniophotometer and integrating sphere to test LED lights?

you can also read

If you are interested, you can also read articles related to entertainment, numerology, technology and health here: Findsnap, Tomb Raider Anime, Netflix August 2022 Calendar, Animixplay, Upcoming Marvel Movies 2022, July 31 Zodiac , Notepadqq, Flaxseeds with Milk Benefits , Imginn, Snaptik, Picuki, Alexis Clark Net Worth, Black Panther 2, Marvel Echo Release Date, Frozen Fruit Recipes, Black Tourmaline, Webtoon XYZ, Fastest VPN for Android, IFVOD, XXXX Dry Review , Highest Grossing Indian Movies of All Time, Highest Grossing Movies of All Time, Rush Limbaugh Net Worth,

Gotham Season 7, Parag Agrawal Net Worth, Tara Reid Net Worth, Blonde Trailer, Fastest VPN For PC, India’s Highest Paid CEO 2022, Highest Paid Athletes 2022, My5 TV Activate, Kissmanga, highest paid CEO 2022, grey’s anatomy season 19, alexa.com alternatives,

The Resident Season 6, Kraven The Hunter, One Punch Man Season 3, The Resident Season 5, Yellowstone Season 5, Ozark Season 4 Part 2, How to Remove Bookmarks on Mac, Outer Banks Season 4, How to Watch NFL Games for Free, Desire Movies

In addition to the above articles, you can read more

6streams, 4Anime, Moviesflix, 123MKV, MasterAnime, Buffstreams, GoMovies, VIPLeague, How to Play Music on Discord, Vampires Diaries Season 9, Homeland Season 9, Brent Rivera Net Worth, PDFDrive, SmallPDF, Knightfall Season 3, Crackstream, Kung Fu Panda 4, angel number 1616, angel number 333, angel number 666, angel number 777, angel number 444,

Bruno Mars Net Worth, KissAnime, Jim Carrey Net Worth, Bollyshare, Afdah, Prabhas Wife Name, Project Free TV, Kissasian, Kickasanime, Moviezwap, Jio Rockers, Dramacool, M4uHD, Hip Dips, M4ufree, Fiverr English Test Answers, Fiverr SEO Skill Test, NBAstreamsXYZ, Highest Paid CEO, The 100 Season 8, and F95Zone.

See also  WhatsApp introduces chat lock to protect user privacy

Thank you for reading. Stay tuned!

Subscribe to our latest newsletter

To read our exclusive content, sign up now. $5/month, $50/year

Categories: Technology
Source: vtt.edu.vn

Leave a Comment