Who is Patrick Collison? The Stripe CEO was a millionaire at 17

  • Patrick Collison is a prominent figure in the tech industry, known as the co-founder of Stripe, a highly successful online payment processing company.
  • Collison has played a pivotal role in revolutionizing the way businesses handle transactions in the digital age.
  • His influential voice and advocacy for innovation have made him a respected figure, inspiring others and shaping the future of technology and entrepreneurship.

As of November 9, 2023, Patrick Collison is ranked as the third wealthiest individual in Ireland ($5.5 billion). He has been called a tech visionary and the driving force behind the remarkable success story of Stripe. As the co-founder of Stripe, he revolutionized online payment processing and transformed the way businesses conduct transactions. As the CEO of Stripe, he continues to lead the company to new heights, cementing his status as a trailblazer in the tech world.

Let’s delve into his achievements.

Patrick Collison’s journey

2005: Collison wins the Young Scientist of the Year award at the BT Young Scientist and Technology Exhibition.

2006: Collison co-founds Auctomatic, a software company, with his brother John Collison.

2008: Auctomatic is acquired by Live Current Media, and Collison becomes the world’s youngest self-made millionaire at the age of 17

2010: Collison and his brother John co-found Stripe, an online payments company.

2021: Stripe becomes the most valuable private fintech company in the world with a valuation of $95 billion.

2022: Collison and his brother John are listed on Forbes’ Billionaires list with a combined net worth of over $20 billion.

2023: As of November 9, 2023, Shapoor Mistry was the wealthiest person in Ireland, with an estimated net worth of 7.5 billion U.S. dollars, followed by John Grayken (No. 2, $6.3 billion), Patrick Collison (No. 3, $5.5 billion); and John Collison (No. 4, $5.5 billion).

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“If people around you don’t think what you’re doing is a bit strange, maybe it’s not strange enough.” — Patrick Collison
“If people around you don’t think what you’re doing is a bit strange, maybe it’s not strange enough.” — Patrick Collison

Patrick Collison transforms fintech industry with leadership

Patrick Collison has captivated the tech industry with his inspiring journey.

In a recent interview, Collison shared his vision for the future, saying, “We are just scratching the surface of what technology can do to transform industries. There are endless opportunities for innovation, and we must embrace them to create a better future.”

Collison’s inspiring journey serves as an inspiration to aspiring entrepreneurs and tech enthusiasts worldwide. His relentless drive, combined with his ability to foresee industry trends and adapt to changing landscapes, has solidified his position as a trailblazer in the tech world.As Patrick Collison continues to lead Stripe to new heights, his vision and leadership will undoubtedly shape the future of the fintech industry. His journey from Stripe’s CEO to becoming a tech visionary is a testament to the power of innovation and determination.

Pop quiz

When did Patrick Collison found Stripe ?

A. 2013

B. 2016

C. 2011

D. 2010

Find the answer at the bottom of this article.

Also read: John Collison, Stripe cofounder: Stay calm and keep buying online!

Patrick Collison-CEO of Stripe- visionary leadership
Patrick Collison, left, with his brother and co-founder John Collison.

Unveiling Patrick Collison’s Twitter influence

Patrick Collison is making waves in the tech community with his influential presence on Twitter. With thousands of followers, Collison shares his insights and perspectives on technology, economics, and societal issues, providing a unique window into his visionary thinking.

Experts in the field have taken notice of Collison’s Twitter influence.  Dr. Sarah Johnson, a renowned tech analyst, remarked, “Patrick Collison’s Twitter presence is a treasure trove of knowledge. His ability to distill complex ideas into concise and impactful tweets is truly impressive. He offers a unique perspective that challenges conventional thinking and pushes the boundaries of innovation. His tweets not only provide valuable insights but also spark meaningful discussions within the tech community.  His thought-provoking posts often garner attention and engagement from industry leaders, fostering a collaborative environment where ideas are shared and debated.

One of Collison’s recent tweets addressed the topic of AI in the tech industry. He wrote, “One of the uses of AI that I’m excited about is simply ML that helps people design more pleasant indoor spaces. We spend most of our lives in them, but our current tools don’t make it easy to measure/optimize the complex, emergent ‘humans feel happy and comfortable here’ metric. This tweet, among many others, highlights Collison’s commitment to driving positive change and addressing important societal issues through his platform. His influence extends beyond the realm of technology, inspiring others to think critically and make a difference in their respective fields.

Also read: Twitter poses to pide SocMed trends with strategy for Twitter 2.0

Patrick Collison's Twitter shares insights
Patrick Collison’s Twitter

Patrick Collison’s net worth

$600-million:According to Business Insider, Stripe’s founders Patrick and John Collison have more than doubled their total wealth to $22.8 billion, after the payments company said it had raised a new $600-million funding round.

$95 billion:Stripe is now valued at $95 billion, making it the most valuable private company in Silicon Valley.

$11.4 billionThe net worth of 32-year-old Patrick Collison and his younger brother John, 30, leapt to $11.4 billion each with the latest valuation, up from $4.3 billion each at Stripe’s previous funding round in April 2020, Bloomberg reported. This makes them one of the top-200 richest people in the world, according to Bloomberg’s Billionaire Index.

$100 billion:Collison’s rise to success has been nothing short of remarkable. From humble beginnings, he embarked on a journey that would lead him to the forefront of the tech industry. As the CEO of Stripe, he has spearheaded the company’s growth, turning it into a global powerhouse with a valuation of over $100 billion. From an early age, he displayed a keen interest in technology and a drive to make a difference. With his brother John, he co-founded Stripe in 2010, recognizing the need for a seamless and secure online payment solution.

Today, Stripe is trusted by millions of businesses worldwide, from startups to Fortune 500 companies. Collison’s impact extends beyond the success of Stripe. He is widely regarded as a tech visionary, with a deep understanding of industry trends and the ability to anticipate future shifts.

The correct answer to the pop quiz is D. 2010. With his brother John, he co-founded Stripe in 2010, recognizing the need for a seamless and secure online payment solution.


Shirley Cheng

Shirley Cheng was an intern reporter at BTW Media.

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