From Bay Area high school friends to world’s youngest self-made billionaires: Company valued at $10B

The Brief

  • Three Bay Area high school friends are now the world’s youngest self-made billionaires.
  • Forbes gave the trio the title after their company, Mercor, was valued at $10 billion.
  • Mercor said it has raised $350 million in series C funding.

SAN FRANCISCO Three Bay Area high school classmates, who all ended up dropping out of college together, have been named the youngest self-made billionaires in the world.

22-year-olds Brendan Foody, Adarsh Hiremath, and Surya Midha founded the startup, Mercor, an artificial intelligence-powered recruiting and talent marketplace that uses real-life professionals in vast fields to help train and improve AI models on how jobs are performed.

Last week, Mercor, which has had a meteoric rise, reported a valuation of $10 billion as the company announced it has raised $350 million in series C funding.

Forbes recognition

With Foody as Mercor’s CEO, Hiremath its CTO, and Midha holding the role of board chairman, the young men have been named by Forbes as the world’s youngest self-made billionaires.

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