Limerick native John Collison confirmed as the youngest self-made billionaire in the world
If you’re in your mid-to-late 20s and questioning your life and career choices, then news that an Irish guy around the same age as you is the youngest self-made billionaire IN THE WORLD might not be the most reassuring thing to hear.
For the second year in succession, Limerick native John Collison (27) has been named as the youngest self-made billionaire on the planet due to the success of his online payment processing firm Stripe, which he co-founded with his brother Patrick (29), who’s also doing quite well for himself.
The Collison brothers were two of 195 newcomers on Forbes World’s Billionaires list for 2017 and have easily maintained their places in 2018.
Their most recent fundraising round in November 2016, Forbes says, valued Stripe at $9.2 billion, while John and Patrick themselves are each worth a cool $1 billion.
John Collison is only a few months younger than another self-made billionaire under the age of 30, Snap CEO Evan Spiegel, who has a net worth of $4.1 billion despite a far from universally positive reaction to the redesigned Snapchat app.
The Collison brothers and Spiegel are in esteemed company as just 63 billionaires under the age of 40 on Forbes’ list of 2,208 billionaires on its' 2018 list of the richest people in the world.
Amazon’s Jeff Bezos overtook Bill Gates as the richest person in the world in 2018, with a net worth of $112 billion; you can check out the list in full here.