As if it were a scene from a cartoon, the world is heading towards a future where Robots could be integrated into our daily lives, even for tasks as simple as taking out the trash. It is in this context that the story of Brett Adcock.
Adcock’s technological prowess has put him in the spotlight as founder of a company that develops robots with Artificial Intelligence. How did this businessman become one of the richest people in the world at the age of 38?
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Adcock created the first humanoid robot capable of doing household tasks
How Brett Adcock, the creator of the Figure robot, made his fortune
Originally from a farm outside of Illinois, Adcock He started working at the age of 16 in various web companies.including an e-commerce site specializing in outdoor electronics and a content site called Street of Walls. Then he studied Business Administration at the University of Floridawhere he graduated in 2008.
In 2012, co-founded his first company, “Vettery”, along with another graduate of the University of Florida. Vettery focused on connecting talent with potential employers. In 2018, the labor giant Adecco Group bought the company for $110 million.
Subsequently, Adcock and his partner Adam Goldstein, with outside investments, They ventured into the field of robotic aviation by founding Archer Aviation, a company dedicated to manufacturing air taxis. Archer went public in 2021 through a merger with a SPAC, attracting the attention of United Airlines, which invested $1 billion.
In 2022, Adcock left Archer Aviation and founded Figure, a company focused on the development of humanoid robots. This company has positioned it at the forefront of the robotics revolution, promising to transform the industrial sector with humanoid robots powered by AI. Adcock, now 38, envisions a future in which these robots will not only fill labor shortages in factories, but also They will perform daily tasks such as taking out the trash and making coffee.
Brett Adcock net worth in 2024
Figure has raised more than $750 million in financing and has formed strategic partnerships with companies such as BMW, OpenAI, Microsoft, Nvidia and Jeff Bezos. The collaboration with BMW, announced in January, seeks to integrate Figure’s robots into the Spartanburg, South Carolina, manufacturing plant.
This partnership, along with a recent funding round that valued Figure at $2.6 billion, has elevated Adcock to billionaire status, with a Net worth estimated at $1.4 billion. Currently, Adcock is ranked 2,152nd in the ranking of the richest people in the world.
