Billionaire Profile
Adarsh Hiremath
Global Rank
#1782

Image: Public domain | via Wikimedia Commons

Adarsh Hiremath

CEO, Mercor
US
Real-Time Net Worth
$2.2B
As of December 2025
Age
22
Source
AI Software
Industry
technology
Citizenship
US

Biography

Adarsh Hiremath is a 22-year-old self-made billionaire and the co-founder and CTO of Mercor, an AI-powered hiring platform. With a source of wealth rooted in AI software, Hiremath's career took off after dropping out of Harvard University to pursue his entrepreneurial vision. Mercor, co-founded in 2023, quickly achieved a $10 billion valuation, making Hiremath one of the youngest billionaires globally. His achievements are a testament to the power of innovation and the ability to disrupt traditional industries.

Wealth Over Time

In-Depth Profile

Early Life

Adarsh Hiremath was born in the United States to parents who immigrated from Karnataka, India. Growing up in the Bay Area, he attended Bellarmine College Preparatory, where he met his future co-founders. Hiremath's interest in technology and the future of work began early, fostered by his academic pursuits and participation in the school's debate team.

Rise to Success

After high school, Hiremath enrolled at Harvard University, where he studied computer science and worked as a research assistant in macroeconomics. During his sophomore year, he co-founded Mercor, an AI-driven recruiting platform. This decision led him to drop out of Harvard and embrace the Thiel Fellowship, which provided financial support and mentorship to pursue his entrepreneurial ambitions. In 2023, Mercor was launched, connecting skilled software developers in India with U.S.-based companies. The company's growth was rapid, and within nine months, the company's revenue reached $1 million. The major turning point came in June 2025, when Meta acquired a stake in Scale AI. Mercor seized the opportunity, and its platform now generates $500 million in annual recurring revenue.

Key Business Strategies

Mercor's core business strategy centers on leveraging AI to automate and improve the hiring process. The platform uses AI-powered virtual interviewers to evaluate and match candidates. This strategy allowed Mercor to capitalize on the growing demand for AI services, particularly after Meta's acquisition of Scale AI. The company focuses on a "human-in-the-loop" model, connecting major AI labs with human experts to train, refine, and test AI systems, which has been a crucial aspect of Mercor's success.

Philanthropy

While specific amounts are not available, Hiremath has shown an interest in contributing to society. He has volunteered at the 2023 World Culture Festival. He aims to use his knowledge and skills to solve societal problems in elder care and agriculture.

Career Milestones

2023

Co-founded Mercor

Co-founded Mercor, an AI-powered hiring platform.

2024

Thiel Fellowship

Received Thiel Fellowship, a two-year program providing resources for startups.

2025

Mercor Valuation

Mercor's valuation reached $10 billion, making Hiremath a self-made billionaire.

Philanthropy & Social Impact

Community Involvement

World Culture Festival

Undisclosed

Volunteered at the 2023 World Culture Festival.

Business Philosophy & Leadership

Notable Quotes

""It felt surreal… I would still be in college if I hadn't founded this company.""

Leadership Principles

Innovation

Focus on using AI to transform and improve the recruiting process.

Collaboration

Building a supportive and collaborative work environment.