John Collison Fiance (2024)

FAQs

What percentage of Stripe do Collison brothers own? ›

Prior to the latest valuation, the Collisons were each worth $6.7bn to $7.2bn, according to estimates from Bloomberg and Forbes, and the brothers reportedly each own about 10% of the company.

7.2 billion USD (2024)

John Collison / Net worth

7.2 billion USD (2024)

Patrick Collison / Net worth

Here's how the venture capitalist Chris Sacca described Patrick via The Tim Ferriss Show: Patrick is quite literally one of the smartest people I've ever known. Like, he puts Larry Page on his heels smart. I don't know anyone who has 1) read more books and 2) has the near photographic memory for what he has read.

Who is Stripe owned by? Stripe is a privately owned company. Notable investors in the company include its co-founders (brothers Patrick and John Collison), Sequoia Capital, Peter Thiel, Elon Musk, Andreessen Horowitz, Y Combinator, American Express (NYSE: AXP), and Visa (NYSE: V).

The Collison brothers saw their net worth rebound to $7.2 billion apiece in 2024. The co-founders of payments giant Stripe, John (33) and Patrick (35), had been hit hard last year by ongoing turbulence in the tech industry, and their net worth shrank from $9.5 billion to $5.5 billion each.

In 2010, John Collison co-founded Stripe, a technology company that provides payment processing software and infrastructure for online businesses. Stripe has grown exponentially since its inception and is now valued at over $95 billion.

In November 2016, the Collison brothers became the world's youngest self-made billionaires, potentially worth at least $1.1 billion, after an investment in Stripe from CapitalG and General Catalyst Partners valued the company at $9.2 billion. By 2017, the brothers were notionally worth at least $3.2 billion each.

According to The Information, Stripe reportedly registered $14.4 billion in gross revenue (before paying transaction processing costs) in 2022, while net revenue hit $3.2 billion in 2022. That's an annual increase of 20% considering Stripe gross revenue hit $12 billion in 2021.

The Collison brothers are citizens of Ireland. In 2021 and 2022, Collison bought the Abbeyleix Estate and the derelict Millbrook House, neighbouring properties in County Laois, Ireland.

How did Stripe get so big? ›

Growing Stripe through Word of Mouth

“Initially it very much spread through a word of mouth process. That was surprising to us because it's a payment system not a social network so it's not something you'd think would have any virality whatsoever.

Professors Jennifer Chatman (left) and Sameer Srivastava (center), co-directors of the Berkeley Center for Workplace Culture & Innovation, interview Stripe CEO Patrick Collison. Patrick Collison and his brother John conceived of financial services company Stripe as something that they thought should already exist.

Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital.

(Forbes estimates Patrick and John Collison each own about 10% of Stripe, making them worth $9.5 billion each.)

Who owns Stripe? Founders Patrick (CEO) and John (President) Collison own Stripe along with 46 investors from the company's funding rounds. Stripe is a private company, so the share breakdown and financials are still unknown.

Patrick Collison (born 9 September 1988) is an Irish entrepreneur. He is the co-founder and CEO of Stripe, which he started with his younger brother, John, in 2010. He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of sixteen.