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High school dropout James Dacombe just became Europe’s youngest billionaire. At 25-years-old, he’s the founder of Olix, an AI chip maker that was valued at $3.3 billion this month. With an estimated 30% stake in the company, Dacombe’s fortune skyrocketed, too, making him a newly minted member of the three-comma-club at a roughly $1 billion net worth. The Under 30 alum started the London-based AI chip manufacturer two years ago, betting AI is becoming far too complex to rely on a one-size-fits-all chip approach. Full story: https://www.forbes.com/sites/alexyork/2026/08/21/meet-the-newest-under-30-ai-billionaire/?utm_source=ForbesMainFacebook&utm_medium=social&utm_campaign=ForbesMainFB 📸: Randy Shropshire via Getty Images

High school dropout James Dacombe just became Europe’s youngest billionaire. At 25-years-old, he’s the founder of Olix, an AI chip maker that was valued at $3.3 billion this month. With an estimated 30% stake in the company, Dacombe’s fortune skyrocketed, too, making him a newly minted member of the three-comma-club at a roughly $1 billion net worth. The Under 30 alum started the London-based AI chip manufacturer two years ago, betting AI is becoming far too complex to rely on a one-size-fits-all chip approach. Full story: https://www.forbes.com/sites/alexyork/2026/08/21/meet-the-newest-under-30-ai-billionaire/?utm_source=ForbesMainFacebook&utm_medium=social&utm_campaign=ForbesMainFB 📸: Randy Shropshire via Getty Images

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