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Four Indian-origin billionaires make Forbes' 40 under 40

The 4 billionaires have a combined net worth of over $11 billion.

(from left) (top)Ankur Jain, Nikhil Kamath, (bottom) Adarsh Hiremath and Surya Midha / Forbes

Forbes recently announced the coveted 40 under 40 list and named four Indian-origin billionaires who have made it big before turning 40.

Boasting a cumulative net worth of over $11 billion, Ankur Jain, Nikhil Kamath, Adarsh Hiremath and Surya Midha were recognized for being among the 40  wealthiest self-made billionaires under the age of 40. The list also features the likes of AI company founder Edwin Chen, worth $18 billion, and Wang Ning, worth $15.7 billion, topping the list, among many others.

35-year-old Ankur Jain holds the 19th rank on the list with a net-worth of $3.4 billion. Living in the United States, Jain founded New York-based home rental rewards startup Bilt Rewards in 2019, after selling Humin, a contact management app he co-founded, to Tinder in 2016. He is the son of a former dot com billionaire and serves as the CEO of Bilt, which private investors valued at $10.8 billion.

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Closely following Jain, 39-year-old Nikhil Kamath, the only Indian on the list, occupies the 20th spot with a staggering net-worth of $3.3 billion. Kamath cofounded Bangalore-based discount brokerage Zerodha in 2010 with his older brother and fellow billionaire Nithin Kamath. Nikhil is the chief financial officer of Zerodha, which Forbes estimates is worth nearly $8 billion, while Nithin is CEO.

The 27th place is shared by the co-founders of Mercor, Adarsh Hiremath and Surya Midha, along with the third co-founder Brendan Foody. Hiremath and Midha, both 22-year-old Indian-origin billionaires are worth $2.2 billion each. The high school friends and 2024 Thiel fellows co-founded AI recruiting startup Mercor in 2023 to help Silicon Valley’s biggest AI labs train their models. At 22, they are the youngest billionaires ever.
 

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