Date of Birth: September 9, 1988
Zodiac Sign: Virgo
Biography
Patrick Collison is an Irish entrepreneur and businessman, best known as the co-founder and CEO of Stripe, a technology company that builds economic infrastructure for the internet. Born in Dromineer, County Tipperary, Ireland, Patrick exhibited a keen interest in technology from a young age. He won the 41st Young Scientist and Technology Exhibition in 2005 at the age of 16 with a project on artificial intelligence. Patrick moved to the United States to attend the Massachusetts Institute of Technology (MIT), but he dropped out to pursue entrepreneurial ventures with his brother, John Collison. The Collison brothers founded Auctomatic, a software company that was acquired by Live Current Media in 2008 for $5 million. In 2010, they founded Stripe, which quickly became one of Silicon Valley’s most promising startups. Stripe’s platform simplifies online payments and has attracted high-profile investors such as Elon Musk, Peter Thiel, and Sequoia Capital. Under Patrick’s leadership, Stripe has grown into a multi-billion dollar company, revolutionizing the way businesses handle online transactions.
5 Interesting Facts about Patrick Collison
1. Patrick Collison won the 41st Young Scientist and Technology Exhibition in Ireland at the age of 16.
2. He attended MIT but dropped out to start his first company, Auctomatic, with his brother John.
3. Auctomatic was sold for $5 million in 2008.
4. Stripe, co-founded by Patrick and John in 2010, is valued at over $95 billion as of 2022.
5. Patrick and his brother John became the world’s youngest self-made billionaires in 2016.
5 Most Interesting Quotes from Patrick Collison
1. “We want to increase the GDP of the internet.”
2. “It’s not about any one company or any one product; it’s about enabling the entire ecosystem to grow.”
3. “The world is not yet a finished product. There’s so much more to do, and we all have a part to play.”
4. “Complexity is something to be avoided, but we have to recognize that sometimes it’s necessary.”
5. “We believe that the internet should be a global trading platform, and our goal is to make it easier for businesses to transact globally.”
Highest Net Worth Achieved
Patrick Collison’s highest net worth achieved is estimated to be around $9.5 billion as of 2022.
Children
As of the latest available information, Patrick Collison does not have any children.
Relevant Links
1. [Patrick Collison Wikipedia](https://en.wikipedia.org/wiki/Patrick_Collison
2. [Stripe Official Website](https://stripe.com
3. [Forbes Profile on Patrick Collison](https://www.forbes.com/profile/patrick-collison/
4. [Young Scientist and Technology Exhibition](https://www.btyoungscientist.com/
5. [MIT News](https://news.mit.edu/topic/patrick-collison
