The World’s youngest 27-years-old boy John Collison made by self billionaire and hails from a small Irish town

World's youngest boy

World’s youngest boy John Collison

The World’s youngest boy John Collison made by self billionaire and hails from a small Irish town.

 John Collison (born 1990) is an Irish entrepreneur. He is best known for having co-founded Stripe with his brother, Patrick. The brothers are worth at least $1.1 billion each, after San Francisco-based Stripe raised $150 million from CapitalG, an investment division of Google parent company Alphabet, and General Catalyst Partners.

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]

At the age of 27, John Collison is the world’s youngest who made billionaire by self. He made this project with his elder brother named Patrick ,who also counts his wealth in ten digits – to keep him company.

There are many companies trying to help other firms process by online payments but Stripe has managed to grow rapidly, priding itself on a simple business model and simple code.

In the UK it charges 1.4 per cent of the value of each transaction plus 20p, and firms can be up and running in a couple of minutes because Stripe “eliminates needless complexity and extraneous details”, according to its website.

Biography

In 2007, Collison founded “Shuppa” with his older brother Patrick in Limerick, Ireland.[2] The company later merged with Auctomatic, which was funded by Y Combinator,[3] and Collison moved to Silicon Valley.

Auctomatic was a software company that built tools for the eBay platform.[4] The company was also funded by Chris Sacca.[5]Auctomatic was acquired for $5 million in March 2008, when Collison was 17.[6] [7] [8][9]

In 2009, Collison (having returned to finish secondary school at Castletroy College) received 8 A1 and 2 A2 grades in the Irish Leaving Certificate examination. He continued to study at Harvard University, commencing his studies in September 2009.[10] Collison is a pilot[11] and a pianist.[12]

In 2010, Collison co-founded Stripe, which received backing from Peter Thiel, Elon Musk, Max Levchin, and Sequoia Capital.[13]

 

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