Name: Nick D’Aloisio
Company: Summly
Age: 16
Website: www.summly.com
App developer Nick D’Aloisio has come to the attention of the world’s wealthiest, and he’s only 16
When the world’s 11th richest person flies you across the world in order meet you before investing in your business, it’s surely a good sign. Nick D’Aloisio, who developed the technology for Summly (an app which helps people searching for information online, by distilling the text from a webpage into bullet points) while researching GCSE homework, was only 16 when he met with Hong Kong businessman Li Ka-shing. The billionaire, who has previously supported tech companies such as Spotify and Facebook, subsequently invested $250,000 in the business.
Furthermore, this isn’t Nick’s first taste of entrepreneurial success, having previously developed apps Song Stumblr and Facemood. The whizzkid has a sensible head on his shoulders though, and has appointed an experienced director to hold the reins at Summly while he finishes his studies. It seems a foregone conclusion that this won’t be the last we hear of him.