Bloomberg Billionaires Index

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# 499 Patrick Collison $4.20B

Random fact: First Stripe office was in downtown Palo Alto.


Collison is the co-founder and chief executive officer of Stripe, a mobile payment startup used by companies such as Twitter, Salesforce and Lyft. The San Francisco-based company raised $250 million from investors in September 2019 at a $35 billion valuation. It has received about $1 billion in funding since it was founded.

As of :
Last change No change
YTD change +$1.77B ( +72.5%)
Industry Technology
Biggest asset Stripe
Citizenship Ireland
Age 31
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Patrick Collison's net worth of $4.20B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

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Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Collison's fortune is derived from his calculated 14 percent stake in closely held Stripe, which has raised about $1 billion from investors, according to Bloomberg News. The mobile payments startup received a $35 billion valuation during a September 2019 fundraising round.

Stripe's founders own 28 percent of the company, according to an analysis by Forge, a marketplace for shares in startups. Co-founders Patrick and John Collison are each credited with half of this stake to reflect their status as co-founders. A discount of 15 percent is applied to the valuation to account for the typical discounts applied to similar startups on the secondary market, according to two brokers who asked not to be identified as the information is private.

No response was received to an e-mail sent to Stripe's press office requesting comment.


Birthdate: 9/9/1988
Family: Unmarried, No children

Patrick Collison was born on Sept. 9, 1988 in Limerick, Ireland. He began learning computer programming as a child and won Ireland's Young Scientist of the Year competition in 2005, according to a July 11, 2016 article in the Daily Telegraph.

After briefly attending Massachusetts Institute of Technology, he dropped out and set up a software company in 2007 with his younger brother, John Collison. They sold the company a year later for more than 3 million euros ($5 million), according to the BBC.

The brothers parlayed the proceeds into Stripe, a mobile payment startup. It has raised about $800 million from investors since 2010, according to Bloomberg News. Stripe received a $35 billion valuation as part of a September 2019 fundraising round.

Collison lives in San Francisco.

  • 1988 Patrick Collison is born in Limerick, Ireland.
  • 1990 Younger brother and Stripe co-founder is born.
  • 2005 Patrick is named Ireland's Young Scientist of the Year.
  • 2008 Sells software company for more than 3 million euros.
  • 2010 Co-founds Stripe with younger brother, John.
  • 2011 Leaves Harvard to work at Stripe full-time.
  • 2013 London office is opened.
  • 2019 Stripe valued at $35 billion in funding round.