Brief by Shorts91 Newsdesk / 04:30am on 04 Nov 2025,Tuesday Business
Three 22-year-old childhood friends Brendan Foody, Adarsh Hiremath, and Surya Midha became the world's youngest billionaires after their AI startup Mercor reached a $10 billion valuation with $350 million funding. Each founder owns approximately 22% equity, worth $2.2 billion individually, making them younger billionaires than Mark Zuckerberg at 23. Indian-American co-founders Hiremath and Midha met at age 10 through debate competitions in California's Bay Area. All three became Thiel Fellows, leaving Georgetown and Harvard to build Mercor full-time. Launched in 2023 connecting Indian engineers with American companies, Mercor evolved into an AI-powered talent marketplace. Revenue skyrocketed from $100 million in March to $500 million by September. (PC: X)