Yep you read the headline correctly.. not millionaire.. BILLIONAIRE.
Limerick man and ‘Stripe’ co-founder & president John Collison is now the world’s youngest self-made billionaire after a $150 million funding round valued the online payments startup at $9.2 billion.
Brothers Patrick Collison and John Collison are now worth at least $1.1 billion each after San Francisco-based Stripe raised $150 million from investment firm CapitalG. After the $150 million investment, FORBES estimates that each brother owns at least 12% of the company.
At 26, John Collison, Stripe’s president, is now the world’s youngest self-made billionaire! He is two months younger than Snapchat cofounder & CEO Evan Spiegel, who is also 26. John’s brother and Stripe CEO Patrick Collison, 28, and Snapchat cofounder Bobby Murphy, 28, are the only other self-made billionaires in the world under the age of 30.