Amid the rapid rise of artificial intelligence in the global technology industry, a major milestone has emerged from the startup world. Indian-origin entrepreneur Surya Midha, aged just 22, has set a new record by becoming the world’s youngest self-made billionaire.
He achieved this milestone after being included in the World’s Billionaires list published by the international business magazine Forbes. With this achievement, Midha has surpassed the record previously held by Mark Zuckerberg.
According to the Forbes report, Surya Midha’s net worth is estimated at $2.2 billion (around ₹18,000 crore). He is the co-founder of the artificial intelligence–based recruiting platform Mercor, which has quickly gained recognition in the global technology ecosystem.
Mark Zuckerberg had reached billionaire status at 23
In the tech world, young entrepreneurial success has long been associated with Mark Zuckerberg. The founder of the social media company Meta Platforms (formerly Facebook) became a billionaire at the age of 23.
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Surya Midha has now broken that record by achieving billionaire status at just 22. With this accomplishment, he has become the youngest self-made billionaire ever to debut on the Forbes billionaires list.
Global recognition through AI startup Mercor
The startup associated with Surya Midha is an emerging artificial intelligence-driven recruitment platform. Mercor helps companies identify qualified talent and aims to make the hiring process fully digital and automated.
One of the platform’s key innovations is that job applicants are interviewed by an AI avatar, which evaluates candidates’ skills, experience, and responses. This artificial intelligence system analyzes the performance of applicants and helps companies select suitable candidates more efficiently.
Reports indicate that several major AI laboratories and technology firms in Silicon Valley are already using the platform.
Company valued at $10 billion last year
Due to the rapidly increasing demand in the AI sector, the valuation of Mercor has grown significantly. Private investors valued the startup at nearly $10 billion (around ₹83,000 crore) last year.
Industry experts believe that AI-driven recruitment and talent management could become a major segment of the technology industry in the coming years. Companies that establish an early presence in this field are expected to witness rapid growth.
Strong roots in an Indian-origin family
Surya Midha was born in San Jose, California, in the United States. However, his parents are of Indian origin and had moved to the US from Delhi.
Midha was known for his academic and extracurricular achievements during his student years. He was a national debate champion in high school and later pursued a degree in foreign studies from Georgetown University.
During this time, he met his future co-founders. The other co-founders of the company are Brendan Foody and Adarsh Hiremath, who together developed the AI-powered recruiting platform.
AI creating a new generation of young billionaires
According to the Forbes report, artificial intelligence has sparked a new wave of entrepreneurship worldwide. Several entrepreneurs under the age of 30 are entering the billionaire club through AI-driven startups.
Experts believe that fields such as AI, data science, and automation will play a crucial role in shaping the future of the global technology industry. For young entrepreneurs, these sectors are rapidly creating new opportunities.
Surya Midha’s success is seen as a symbol of this technological shift, where the new generation of innovators is leveraging emerging technologies to build globally influential companies and achieve extraordinary financial success.
About the author – Ayesha Aayat is a law student and contributor covering cybercrime, online frauds, and digital safety concerns. Her writing aims to raise awareness about evolving cyber threats and legal responses.