In a remarkable entrepreneurial feat, Adarsh Hiremath and Surya Midha have risen to fame as the world’s youngest self-made billionaires, achieving this milestone at just 22 years old. Their journey began with the co-founding of Mercor, an innovative AI recruiting platform based in San Francisco.

The Birth of Mercor

Mercor was established to connect AI labs with domain experts, facilitating the development of foundational AI models. Recently, the startup raised an impressive $350 million, boosting its valuation to $10 billion.

Funding and Growth

The latest funding, led by Felicis Ventures, signifies a fivefold increase in value since its previous funding round earlier this year. Each co-founder holds approximately 22% equity, translating their stakes into around $2 billion each.

• Adarsh Hiremath – CTO of Mercor
• Surya Midha – Board Chairman
• Brendan Foody – Co-founder

Surpassing a Tech Giant

Hiremath and Midha have surpassed Meta’s Mark Zuckerberg, who previously held the record for the youngest self-made billionaire. Zuckerberg achieved this at 23 years old when his net worth was $1.5 billion.

The Future of Mercor

Mercor, which originally began as an AI-driven hiring platform, now caters to companies needing subject-matter experts, enhancing its network of over 30,000 professionals across various fields. The new investment will aid in improving talent matching and expediting processes.

With key backing from notable figures such as Peter Thiel and Jack Dorsey, the support for Mercor reflects the rising trend of Indian-American entrepreneurship within the tech landscape.