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Billionaire Profile
Apoorva Mehta
Global Rank
#2813

Image: Public domain | via Wikimedia Commons

Apoorva Mehta

CEO, Instacart (Maplebear Inc.)
CA
Real-Time Net Worth
$1.2B
As of December 2025
Age
39
Source
Grocery delivery service
Industry
technology
Citizenship
CA

Biography

Apoorva Mehta, born in 1986, is a Canadian-American entrepreneur. He is best known as the founder and former executive chairman of Instacart, a leading online grocery delivery service. Mehta's path to success began after graduating with a degree in electrical engineering from the University of Waterloo. After working in engineering roles at Blackberry, Qualcomm, and Amazon, he launched Instacart in 2012. With a current net worth of approximately $1.2 billion, Mehta's wealth stems primarily from his stake in Instacart and his current venture, Cloud Health Systems, demonstrating his adaptability and entrepreneurial spirit. His career highlights include being featured on Forbes 30 Under 30 and Time 100 Next lists.

Wealth Over Time

In-Depth Profile

Early Life and Education

Apoorva Mehta was born in Jodhpur, India, in 1986. His family moved to Libya shortly after his birth and then to Hamilton, Ontario, Canada, when he was 14. He earned a Bachelor of Arts/Science in Electrical Engineering from the University of Waterloo.

Rise to Success

After graduating from the University of Waterloo, Mehta worked briefly at Blackberry and Qualcomm before joining Amazon as a supply-chain engineer. In 2010, he moved to San Francisco and began his entrepreneurial journey. Between 2010 and 2012, Mehta launched 20 startups, most of which failed. In 2012, he founded Instacart, a grocery delivery service, at the age of 26. In 2020, Mehta achieved billionaire status. He transitioned from CEO to executive chairman of Instacart in July 2021, and left the company entirely in September 2023.

Key Business Strategies

Mehta's key strategy was identifying a gap in the market for online grocery delivery and providing a solution. He focused on convenience and efficient delivery, which led to Instacart's success, especially during the COVID-19 pandemic. Instacart went public in 2023.

Philanthropy

Specific amounts of Mehta's philanthropic contributions were not found in the search results.

Career Milestones

2008

Supply-Chain Engineer

Worked at Amazon

2012

Founder of Instacart

Founded grocery delivery service, Instacart

2013

Forbes 30 Under 30

Featured on Forbes 30 Under 30 list.

2020

Billionaire

Achieved billionaire status.

2021

Executive Chairman of Instacart

Transitioned to Executive Chairman of Instacart

2021

Time 100 Next

Included on the Time 100 Next list.

2023

Left Instacart

Left Instacart entirely.

2022

Founder of Cloud Health Systems

Founded Cloud Health Systems, a medical consulting venture.

Business Philosophy & Leadership

Notable Quotes

""It was 2012 and I could shop for everything online...except groceries.""