Over the last few years, one of the sectors that has generated the most billionaires is undoubtedly fintech. Let’s see who are the scrooges in this sector.
Billionaires have always existed: they are those people who first of all intercept a trend or have an idea which then spreads rapidly on a global scale.
Over the last few years, thanks to technological development, certain sectors have brought several new billionaires to fame. One of the most fruitful sectors is undoubtedly fintech, in which technology and high finance mix, thus generating portentous results.
In such a fervent moment for the birth of fintech companies, the merit of their success can be linked to the young startuppers, eager to innovate, and to the investors who believed in the projects.
Some of these entrepreneurs have founded financial giants which in a short time have revolutionized their reference market.
The pioneers of this sector, such as the Chinese Jack Ma, founder of Alibaba, were followed by many others, all with very interesting stories to tell. So let’s see who the billionaires of the fintech sector are and in which companies they are involved.
The Fintech Billionaires
Let’s see who are the founders of the technofinance companies that have achieved a huge personal wealth allowing them to reach the status of fintech billionaires. Some are established entrepreneurs, others are young people who have revolutionized the sector in their countries.
Jack Ma
Founder of Alibaba
Personal wealth: $35.2 billion
In 1999, Jack Ma founded Alibaba, today a Chinese multinational fintech group that operates in various sectors. A few days ago the news came out that Jack Ma will withdraw from the control of the group. Nonetheless, it is estimated that he still has a personal net worth of around $35 billion.
Guillaume Pousaz
Founder of Checkout.com
Personal wealth: $14 billion
Pousaz is the founder and CEO of Checkout.com, a fintech startup that is valued at $40 billion. Founded in 2012, Checkout.com provides its customers with the ability to pay in more than 150 currencies. The company currently has approximately 20 offices and 1,700 employees worldwide.
Pierre Omidyar
Founder of eBay and shareholder of PayPal
Personal wealth: $9.3 billion
The founder of eBay of Iranian origin, Pierre Omidyar has racked up a string of successes in the entrepreneurial world. His company, eBay, in which he worked until 2015, also owned PayPal for a time, of which he is still a 6% shareholder today.
Patrick and John Collison
Founders of Stripe
Personal wealth: $8.1 billion each
Patrick and John Collison are two young Irish billionaires who founded Stripe, a software company in 2009. Stripe primarily offers payment software and APIs for ecommerce and smartphone apps.
Nicolay Storonsky
Founder of Revolut
Personal wealth: $7.2 billion
Of Russian origins, born in 1984, Nicolay Storonsky is the founder and CEO of Revolut, the neobank that has over 25 million customers worldwide. Storonsky has managed to amass a fortune of over $7.2 billion and we are confident that he will continue to climb the world rankings of fintech billionaires.
Jack Dorsey
Founder of Square
Personal wealth: $5.34 billion
Famous for being the creator of Twitter, Dorsey founded Square in 2009, of which he is now the CEO. The San Francisco-based fintech specialized in digital payments has allowed him to reach a personal wealth of $5.34 billion, positioning him among the richest fintech entrepreneurs in the world.
Victor Jacobsson and Sebastian Siemiatkowski
Founders of Klarna
Personal wealth: 4 and 3.2 billion dollars
The Swedes Victor Jacobsson and Sebastian Siemiatkowski founded Klarna, the fintech specialized in BNPL (Buy-Now-Pay-Later) payments. The two founders of Klarna have an estimated personal net worth of 4 and $3.2 billion, respectively.
David Velez
Founder of Nubank
Personal wealth: $3.7 billion
David Velez is one of the most influential billionaires on the global fintech scene. Founder of the Brazilian digital bank Nubank, since 2013 Velez has been able to innovate the banking system of Brazil bringing his digital bank to have a billionaire value. His personal net worth is estimated at over $3.7Billion.
Mikhail Lomtadze and Vyacheslav Kim
Founder and President of Kaspi
Personal wealth: $3.4 and $3.5 billion
With a valuation of $6.5 billion, Kaspi was founded by Mikhail Lomtadze and is Kazakhstan’s leading fintech payments ecosystem, with over 7 million monthly users. Its president is instead Vyacheslav Kim.
Max Levchin
Founder of Affirm
Personal wealth: $3 billion
In 1998, in the midst of the dot-com bubble, Max Levchin, along with other digital entrepreneurs including Elon Musk, co-founded PayPal. In 2012 he founded the fintech Affirm, one of the largest European companies in the online payments sector that exploded during the pandemic period. According to the latest available data, Levchin is estimated to have a personal wealth of $3.1 billion.
Arnout Schuijff and Pieter van der Does
Founders of Adyen
Personal wealth: $2.5 and $1.9 billion.
In 2006 Arnout Schuijff and Pieter van der Does founded Adyen, one of the leading fintech companies in the online payments sector. Dutch entrepreneurs Schuijff and Van der Does, respectively CTO and CEO of Adyen, have personal wealth amounting to 2.5 and $1.9 billion.
Chris Britt
Founder of Chime
Personal wealth: $2.2 billion
Founded by Chris Britt in 2012, Chime is a company that offers banking services without paying any fees. In September 2020, Chime raised $485 million in funding, reaching a valuation of $14.5 billion.
Brian Armstrong
Coinbase Founder
Personal wealth: $2.1 billion
Bryan Armstrong is among the wealthiest crypto entrepreneurs in the world. After working for Deloitte and Airbnb, in 2012 he founded Coinbase, one of the best known digital currency trading platforms. As of today, Armstrong has a personal wealth of $2.1 billion.
Kim Hyoung-nyon
Co-founder of Dunamu
Personal wealth: $1.9 billion
Kim Hyoung-nyon is a South Korean entrepreneur who founded Dunamo, a company operating in the cryptocurrency sector. His personal net worth is estimated to be $1.9 billion.
Henrique Dubugras and Pedro Franceschi
Founders of Brex
Personal assets: 1.5 billion euros each
Henrique Dubugras and Pedro Franceschi are two Brazilian entrepreneurs who founded Brex, a company that - among other things - offers money management solutions for tech companies.
Kristo Kaarmann
Founder of Wise
Personal wealth: $1.5 billion
Kristo Kaarman, together with Taavet Hinrikus, is the co-founder of Wise, the peer-to-peer money transfer platform founded in 2011. Born in 1980 and of Estonian nationality, Kaarmann has an estimated personal net worth of $1.5 billion.
Zach Perret and William Hockey
Co-founders of Plaid
Personal wealth: $1.5 and $1.4 billion
Zach Perret and William Hockey are the co-founders of Plaid, a company that builds data transfer networks to support other fintech and digital finance products.
Andres Bzurovski Bay and Sergio Fogel
Founders of dLocal
Personal wealth: $1.1 billion each
Andres Bzurovski Bay and Sergio Fogel are the founders of dLocal, an app that allows you to make cross-border payments. Thanks to it, it is possible to connect global merchants to emerging markets. In September 2020, she became the first Uruguayan unicorn.
Original article published on Money.it Italy 2023-01-17 11:09:28. Original title: Chi sono i miliardari del fintech
