BillionaireNet
Adcock
Brett Adcock
Rank #2519
UNITED STATESTechnologyRobots

Brett Adcock

Net Worth
$1.445B
+0.17% (24h)
Brett Adcock is a 39-year-old American technology entrepreneur and billionaire. His wealth stems from his ventures in robotics, most notably as the founder and CEO of Figure AI, a company aiming to create general-purpose humanoid robots. Adcock's career includes founding and scaling successful companies like Archer Aviation, an eVTOL (electric vertical take-off and landing) aircraft company, and Vettery, an online talent marketplace. His achievements have earned him recognition, including being named to the Time 2024 list of influential people in AI. Adcock resides in Palo Alto, California and is married with three children.

The Full Dossier

Early Life and Education

Brett Adcock was born on April 6, 1986, and raised on a third-generation farm near Moweaqua, Illinois. From a young age, he displayed an entrepreneurial spirit, starting web companies at sixteen. He graduated as valedictorian from Central A&M High School. Adcock received a Bachelor of Science in Business Administration from the University of Florida in 2008. During his college years, he was a member of the Phi Kappa Tau fraternity.

Rise to Success

Adcock's career is marked by founding several successful companies. In 2013, he founded Vettery, an online talent marketplace that matched job seekers with employers, which was later acquired by The Adecco Group in 2018 for $110 million. In 2018, Adcock founded Archer Aviation, an eVTOL company. Archer went public in 2021. In 2022, he founded Figure AI, an AI robotics company focused on creating general-purpose humanoid robots. Figure AI secured $675 million in venture capital funding in February 2024, with the company valued at $2.6 billion. In 2023, he established Cover, an AI security company.

Key Business Strategies

Adcock's approach involves identifying emerging markets and building innovative solutions. At Archer Aviation, he vertically integrated various aspects of aircraft design and production. At Figure AI, he has assembled a team from companies like Boston Dynamics and Tesla. Figure AI aims to use advanced AI to build humanoid robots capable of performing various tasks, thereby addressing labor shortages. He stresses a focus on creating consumer electronics manufacturing processes in the robotics space.

Philanthropy

Adcock's philanthropy is not extensively documented in the search results. However, his latest company, Cover, is focused on creating a security force field for schools to fight the gun violence epidemic.

Career Timeline

2024

Named to the Time 100 AI list

Included in the Time 2024 list of influential people in AI.

2022

Founded Figure AI

Launched a company building humanoid robots.

2021

Archer Aviation went public

Archer Aviation went public through a SPAC merger.

2018

Vettery acquired

Vettery was acquired by The Adecco Group for $110 million.

2018

Founded Archer Aviation

Founded a company focused on electric air taxis.

2013

Founded Vettery

Launched an online talent marketplace.

2008

Graduated from the University of Florida

Obtained a Bachelor of Science in Business Administration.

Philanthropic Impact

SecurityUndisclosed

Cover

Creating security force field for schools

Wealth Trajectory