Patrick Collison Net Worth

Patrick Collison, born in 1988 in San Francisco, CA, is the cofounder and CEO of Stripe, a company that processes billions of dollars in transactions per year in 25 countries. He and his brother John launched Stripe in 2010 and raised $150 million at a $9.2 billion valuation in 2016, making them both billionaires. Prior to Stripe, the brothers founded Auctomatic, which was acquired for $5 million in 2008, making them millionaires as teenagers. Patrick and John both grew up coding in the countryside near Limerick, Ireland, where their parents ran a lakeside hotel.
Patrick Collison is a member of Technology

Age, Biography and Wiki

Who is it? Cofounder, Stripe
Birth Day September 09, 1988
Birth Place San Francisco, California, Ireland
Age 34 YEARS OLD
Birth Sign Libra
Residence San Francisco, California, U.S.
Alma mater Castletroy College Massachusetts Institute of Technology
Known for Auctomatic; Croma; Stripe
Relatives John Collison (brother)
Awards Young Scientist and Technology Exhibition (2004) BT Young Scientist of the Year (2005)

💰 Net worth: $5.5 Billion (2024)

Patrick Collison's net worth is estimated to be a staggering $5.5 billion in 2024. The Irish entrepreneur gained global recognition as the Cofounder of Stripe, a widely successful payments processing company headquartered in Ireland. With his innovative vision and relentless determination, Collison has led Stripe to incredible heights, revolutionizing the online payment industry. His vast wealth is a testament to his business acumen and the immense success of his pioneering venture. As a prominent figure in the tech world, Collison continues to inspire aspiring entrepreneurs worldwide.

Some Patrick Collison images

Biography/Timeline

1988

Patrick Collison was born to Lily and Denis Collison in 1988. The eldest of three children (two younger brothers, John and Tommy), he took his first computer course when he was eight years old at the University of Limerick and began learning computer programming at the age of ten.

2005

He entered the 40th Young Scientist and Technology Exhibition with his project on artificial intelligence (nicknamed 'Isaac' after Isaac Newton, whom Patrick admired), finishing as individual runner-up. He re-entered the following year, and won first place at the age of sixteen on 14 January 2005. His project involved the creation of Croma, a LISP-type programming language.

2007

After attending Massachusetts Institute of Technology for a time, Collison dropped out. In 2007 he set up software company 'Shuppa' (a play on the Irish word 'siopa', meaning 'shop') in Limerick with his brother John Collison. Enterprise Ireland did not allocate funding to the company, prompting a move to California after Silicon Valley's Y Combinator showed interest, where they merged with two Oxford graduates, Harjeet and Kulveer Taggar, and the company became Auctomatic.

2008

Both Collison and his younger brother John were featured on a young Irish persons rich list aired on an RTÉ television show during the 2008 Christmas period.

2009

On 18 July 2009, at the age of 20 and following the publication of McCarthy Report, Collison outlined his ideas for the Future of Ireland on popular talk-show Saturday Night with Miriam.

2010

In 2010, Patrick co-founded Stripe, which received backing from Peter Thiel, Elon Musk 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 Partners valued the company at $9.2 billion.