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In 2018, Stripe, under the direction of the Collison brothers, contributed $1 million to California YIMBY, a pro-housing development lobbying organisation. [15] In September 2019, it was announced that Stripe had raised an additional $250 million at a valuation of $35 billion. [16] Together, the brothers hold a controlling interest in Stripe. [17]
In November 2016, the Collison brothers became the world's youngest self-made billionaires, worth at least $1.1 billion, after an investment in Stripe from CapitalG and General Catalyst valued the company at $9.2 billion. [14] In the same year, 2016, Collison was ranked by Forbes the 15th in the list America's Richest Entrepreneurs Under 40. [15]
Collison John Collison, Patrick Collison: 14.4 (2024) [7] Stripe Ireland: Sy [17] Hans Sy, Henry Sy Jr., Herbert Sy, Harley Sy, Teresita Sy Coson, Elizabeth Sy 14.4 (2024) [7] SM Investments Corporation Philippines: Du Pont [18] List of family members: 14.3 (2016) Real estate, DuPont Chemical Company United States: Ng [37]
The brothers were writing code and brainstorming product ideas before doubling down on payments in 2011—ultimately building a company now valued at $70 billion.
Musk's net worth topped $400 billion on Wednesday, making him the first person to reach that mark. The billionaire had already gotten $155 billion richer this year, fueled by a rise in Tesla ...
As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million. [ 4 ] The original documents for each member's disclosure are publicly available on a database website, maintained by OpenSecrets .
According to Bloomberg, the sale boosted Musk's net worth by about $50 billion, bringing his current net worth to $429.2 billion. The world's second wealthiest person, Jeff Bezos, is worth $244 ...
On June 6, 2019, Stripe led a $22.5 million fundraising round for Step, a financial services startup offering fee-free bank accounts to teenagers. [99] On March 26, 2020, Stripe led a $20 million Series A fundraising round for Fast, a company creating a universal, one-click checkout service. [100]