Apoorva Mehta

Founder, Instacart
$1.21B
as of 12/29/24

About Apoorva Mehta

Apoorva Mehta is the executive chairman and founder of Instacart, a San Francisco-based grocery delivery firm most recently valued at $13 billion.

Born in India, Apoorva lived in Libya before moving to Canada, where he eventually studied engineering at the University of Waterloo.

He worked as an engineer at Blackberry, Qualcomm and Amazon before leaving his job to be an entrepreneur in 2010.

He came up with ideas for around 20 products (none worked out) before starting Instacart in 2012.

With Instacart, customers order groceries online from brick and mortar stores, then they are packed and delivered by an Instacart shopper.

Personal stats

Citizenship

Canada

Source of wealth

Grocery delivery service

Residence

San Francisco , California

Marital status

Single

Birth date

07/19/86 (age 38)

Education

Bachelor of Arts/Science, University of Waterloo

Self-made

self-made

Apoorva Mehta’s fortune is worth

20K

troy ounces of gold

19K

median U.S. household

12K

median U.S. income

0.024%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Net worth history

Annual ranking

Did you know?

Before founding Instacart, Mehta tried to create a product focused on social networking for lawyers.

Net worth over time

Real-time ranking

Financial assets

NASDAQ | CART-US

Instacart

NASDAQ | CART-US

Instacart

Images © Forbes.com. All rights reserved.