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James Duckham, the 25-year-old British entrepreneur, has become Europe's youngest self-made billionaire thanks to the success of his company "Olex," which specializes in developing artificial intelligence chips. The company's valuation rose to $3.3 billion after raising $312 million in August 2026, compared to over $1 billion in February of the same year, with its value tripling in just six months. Duckham founded his second company, "Olex," in 2024, after dropping out of school following the establishment of an earlier venture focused on brain monitoring. "Olex" relies on building an integrated system of chips and communications to support AI models and aims to compete with major companies like NVIDIA. Duckham owns about 30% of the company, approaching a billion dollars in value, along with a 12% stake in "Command," making him one of the world's youngest self-made billionaires. From a teenager who left school to the founder of a billion-dollar tech company, he is benefiting from the widespread wave of investment in the artificial intelligence and semiconductor sectors.
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