At the young age of 27, John Collison has become the world’s youngest self-made billionaire. It has been rumoured to be lonely at the top, but luckily John has his 29-year-old brother, Patrick. The two brothers from a small village in rural Ireland founded Stripe.
Stripe handles online payments as well as providing a host of other services that help make it simple for firms to run their websites.
Many people may not have heard of online payment facilitator Stripe, but the brand counts Elon Musk and Peter Thiel as key investors. A funding round valued Stripe at over $9bn, meaning the Collison brothers each have a stake worth at least $1.1bn.
Despite this huge success, a recent interview suggests John remains down to earth.
Asked about achieving billionaire status at a young age, John said “People now ask this a lot and I feel like they always want some really interesting answer – and I have nothing for them.”
Wealth is not new to the entrepreneurial pair. The brothers made millions before they even reached university, thanks to another start-up they founded.
”I remember saying to Patrick ‘how hard can it be? Maybe we should give it a try.” John commented.
There are numerous start-ups aiming to help companies process online payments, but Stripe has managed to grow rapidly, priding itself on keeping things simple.