About John Collison
John Collison is an Irish billionaire entrepreneur who is also the co-founder and president of Stripe. He and his brother Patrick co-founded the mobile payment startup in 2010 and it is used by companies like Twitter, Salesforce, and Lyft. In 2016, Collison became the youngest self-made billionaire. During a March 2023 fundraising round, the San Francisco-based company received a $50 billion valuation. It has acquired more than $2 billion in complete subsidising since it was established.
John Collison Career
John Collison was born in Dromineer, County Tipperary, Ireland, on August 6, 1990. In 2007, Collison and his older brother Patrick established “Shuppa” in Limerick, Ireland. Collison moved to Silicon Valley after the company merged with Automatic, which was funded by Y Combinator. The software company Automatic developed tools for the eBay platform.
Chris Sacca also provided funding for the business. When Collison was 17 years old, Auctomatic was purchased for $5 million in March 2008. Elon Musk, Peter Thiel, Max Levchin, and Sequoia Capital gave Stripe their backing in 2010 thanks to Collison’s contribution to the company’s creation. In November 2016, the Collison siblings turned into the world’s most youthful independent tycoons, definitely worth $1.1 billion, after an interest in Stripe from CapitalG and General Impetus valued the organisation at $9.2 billion.
Under the direction of the Collison brothers, Stripe gave California YIMBY, a lobbying group that supports housing development, $1 million in 2018. The brothers Collision are Irish citizens. In Ireland’s County Laois, Collison purchased the abandoned Millbrook House and Abbeyleix Estate in 2021 and 2022. He has stated that he will spend several years and several million euros renovating Millbrook House into a family residence.
John Collison Facts
In a Forbes 2021 profile of the brothers, it was claimed that they had “escaped” from Limerick, which was described as “the murder capital’ of Europe” and a “warzone” caused by a gang feud. It claimed that every night there were “shootings, pipe bomb attacks, and stabbings.” “Some bad neighbourhoods are even walled off by a dirty graffitied 10-foot-high barrier, like the Berlin Wall,” it claimed as well.
John Collison Net Worth
John Collison’s net worth was estimated to be around $5.5 billion USD, as of 2023, making him a billionaire businessman.
Personal Information
Full Name | John Collison |
Father’s Name | Denis Collison |
Mother’s Name | Lily Collison |
Siblings | Patrick Collison |
Date Of Birth | 6 August 1990 |
Birth Place | County Tipperary, Ireland |
Age | 33 Years |
Height | 5’ 9” |
Education | Graduate |
Net Worth | $5.5 Billion |
Profession | Entrepreneur |
Relationship Status | Single |
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