John Collison is the cofounder and president of Stripe, a company that facilitates payments over the internet. In 2016, Stripe closed a $150 million funding round that valued the business at $9.2 billion, making John the world's youngest self-made billionaire. He and his brother Patrick founded Auctomatic in 2008, which they sold for $5 million, making them teenage millionaires. John was born in San Francisco, California and raised in Limerick, Ireland, where he and Patrick developed their coding skills as children.
John Collison is a member of Technology
John Collison, the renowned co-founder of Stripe, has amassed a staggering net worth of $5.5 billion as estimated in 2024. As a prominent figure in the tech industry, Collison's entrepreneurial expertise and visionary leadership have propelled Stripe to become one of the world's most successful payment platforms. Hailing from Ireland, Collison's remarkable achievements have garnered him widespread recognition, making him an inspiration for aspiring entrepreneurs worldwide.
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Biography/Timeline
2007
In 2007, Collison founded "Shuppa" with his older brother Patrick in Limerick, Ireland. The company later merged with Auctomatic, which was funded by Y Combinator, and Collison moved to Silicon Valley.
2008
Auctomatic was a software company that built tools for the eBay platform. The company was also funded by Chris Sacca. Auctomatic was acquired for $5 million in March 2008, when Collison was 17.
2009
In 2009, Collison (having returned to finish secondary school at Castletroy College) received 8 A1 and 2 A2 grades in the Irish Leaving Certificate examination. He continued to study at Harvard University, commencing his studies in September 2009. Collison is a pilot and a Pianist.
2010
In 2010, Collison co-founded Stripe, which received backing from Peter Thiel, Elon Musk, Max Levchin, and Sequoia Capital.
2016
In November 2016, the Collison brothers became the world's youngest self-made billionaires, worth at least $1.1 billion, after an investment in Stripe from CapitalG and General Catalyst valued the company at $9.2 billion.