How this 30-year-old billionaire spends money, from Uber Eats deals to a $30 million mansion

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Lucy Guo attends her day enactment called 'Lucypalooza' successful 2023, hosted by Le Bon Argent by Floyd Mayweather.

Gonzalo Marroquin | Getty Images

Thirty-year-old Lucy Guo mightiness beryllium the world's youngest pistillate billionaire, but she's ever connected the hunt for a bully deal.

The California-based serial entrepreneur's net worthy soared to $1.3 billion successful April, according to Forbes. Her archetypal startup, Scale AI, precocious wrapped up a woody with tech elephantine Meta, bringing the firm's valuation to $25 billion.

Guo near Scale AI successful 2018, but held connected to a involvement worthy conscionable nether 5% which has present ballooned to $1.25 billion. Three years ago, she founded contented creator monetization level Passes, wherever she continues to work.

"Honestly, I inactive consciousness the aforesaid arsenic that small girl, similar my beingness pre-money and post-money, it hasn't truly changed that much," Guo told CNBC Make It. "I inactive find deals similar I beauteous overmuch lone bid buy-one-get-one-free connected Uber Eats."

Famously frugal Guo has shared stories online astir skateboarding to enactment and adjacent booking fake flights astatine the airport, lone to cancel them later, truthful she could devour for escaped successful the Amex lounge.

"I'm frugal astatine immoderate things and I walk much connected different things," she said. "I thrust Uber X's everywhere. I deliberation my friends get truly frustrated erstwhile I bid an Uber X to the club, due to the fact that they're similar 'Lucy, what are you doing?'"

Guo recalled staying astatine a edifice successful Europe recently, craving a currywurst and trying to get the cheapest terms connected it.

"In my hotel, it was similar 20 euros. On Uber Eats, it was similar 4 euros. So I got it connected Uber Eats instead," she said.

Still, Guo is nary alien to spending connected lavish experiences and items, and immoderate things are worthy splashing retired connected much than others.

Ferraris, backstage jets and a mansion

Guo has built up a spot portfolio implicit the years, but she's ever looking to trim down costs adjacent erstwhile she's spending millions.

She precocious bought a recently constructed mansion successful L.A.'s Hollywood Hills, overlooking the Sunset Strip, for astir $30 million.

"When I bought my house, I did walk a batch of wealth connected my house, but did I marque definite I got a bully deal? Yes, because, from what I heard astatine least, the developer really mislaid wealth connected my house. It went from like, $44 cardinal to $29.5 million, which is simply a large woody successful my head," she said.

The spot boasts a cantilevered solid surviving room, an infinity excavation with a spa, a sunken occurrence pit, and a 5,000 quadrate ft garden, according to the property listing.

Guo's $30 cardinal mansion successful the Hollywood Hills.

Paul Barnaby

The young billionaire besides owns a condo successful Florida, which she bought for $6.7 cardinal successful 2021, arsenic good arsenic different farmhouse-style location successful L.A., which she secured astatine $4.2 cardinal successful 2024.

"I mostly similar appreciating assets, and I deliberation this is thing that volition appreciate; not each properties volition appreciate. It's a single-family house, it comes with a batch of land. The [L.A.] fires conscionable happened, truthful I deliberation everything's connected a discount," Guo said.

Guo said there's little request for larger homes now, truthful it's easier to negociate down and not suffer out, if she decides to resell successful the future.

She besides likes to walk wealth connected comforts specified arsenic a backstage pitchy to skip lines astatine the airport, but immoderate purchases are axenic privation fulfillment.

"I truly person an ick for depreciating assets, but I did splurge connected one, and that would astir apt beryllium my Ferrari," she added. Guo's luxury sports car is simply a vintage roseate color.

"It's similar 1 successful 10 oregon thing successful the world. They pitched it truly hard and I was like, 'oh, it's pretty. Sure. I didn't adjacent deliberation astir it," she said.

Guo splurged connected a vintage roseate Ferrari.

Passes

In February, a people enactment suit was filed against Guo and her institution Passes, claiming that she allegedly distributed kid intersexual maltreatment worldly connected the level to paying subscribers.

"This suit is a shakedown and portion of an orchestrated effort to defame Passes and Ms. Guo, and these disturbing claims person nary ground successful reality," a spokesperson for Passes said successful a statement.

"As explained successful the question to disregard filed connected April 28, Ms. Guo and Passes categorically cull the baseless allegations made against them successful the lawsuit, which was lone filed against them aft they rejected a $15 cardinal outgo demand."

Clark Smith Villazor, the New York-based litigation steadfast that brought the suit against Passes, has yet to respond to CNBC's petition for comment.

Millionaires vs. billionaires

Guo said there's a favoritism betwixt immoderate millionaires and billionaires, arsenic the erstwhile volition often effort to amusement disconnected however overmuch wealth they have.

"Sometimes you spot radical volition effort to overcompensate to amusement they person much than they really person and I've decidedly seen radical overcompensate and splurge much than they should to effort to marque themselves look wealthier than they are," she said.

"Let's accidental you're worthy a fewer million, and you bent retired with radical worthy billions, astatine least, from what I've seen from an extracurricular perspective, they walk a batch more, and they're astir surviving to their each dollar to beryllium capable to blend in."

Guo describes herself arsenic a "minimalist" and leans connected the broadside of the quiet luxury trend. Most of her apparel are unbranded and $10 a piece, she said. Occasionally, she'll propulsion connected a bully portion of jewelry if she's going to an event.

"My regular beingness is precise quiet," she added.

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