What Is Chris Larsen’s Net Worth? (Latest Report)
|Net Worth||$20 Billion|
|Born||August 18, 1960|
|Age||62 years old|
|Birthplace||San Francisco, California|
|Source of Wealth||Angel Investor, Business Executive|
Chris Larsen is a business executive and angel investor from San Francisco, California. His net worth is assessed to be an amount of $20 billion in 2022. He is the co-founder of Ripple Labs.
He is best known for co-founding several Silicon Valley technology startups, including a peer-to-peer lending platform.
He also serves on the board of directors or advises companies such as Credit Karma, the Electronic Privacy Information Center (EPIC), Qifang, and Betable.
In 2020, he was ranked 319th on the Forbes 400 list of America’s wealthiest people.
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Let’s explore some additional fascinating facts about Chris Larsen now that we are aware of his net worth.
Chris Larsen Biography/ Wikipedia/ Wiki
|Real Name||Chris Larsen|
|Also known as||Chris Larsen|
|Birth Date||August 18, 1960|
|Age||62 years old|
|Height||5 ft 3 in (1.62 m)|
|Weight||71 kg (156.52 lbs)|
|Net Worth||$20 Billion|
|Profession||Angel Investor, Business Executive|
How was Chris Larsen’s Early Life and Education?
Chris Larsen was born on August 18, 1960, in San Francisco, California.
His mother was a freelance illustrator, and his father was a United Airlines aircraft mechanic at San Francisco International Airport.
Larsen attended San Francisco State University after high school and graduated in 1984 with a B.S. in international business and accounting.
After college, he began working for Chevron, performing financial audits in Brazil, Ecuador, and Indonesia.
In 1991, he earned an M.B.A. from Stanford Graduate School of Business.
How Did Chris Larsen Start His Career?
Larsen began working at a mortgage lender in Palo Alto, California, in the early 1990s.
He quit his job in 1992 to start a mortgage company with his friend and colleague Janina Pawlowski. They initially raised $450,000 from friends and family.
Their E-Loan website became public in 1997, and they were one of the first online mortgage lenders in the United States.
Larsen has described himself as “radically pro-consumer,” and he became a vocal advocate of financial privacy in California in the early 2000s.
E-Loan had sold over $18.9 billion in consumer loans since its inception, and the company had been profitable for eight quarters in a row as of May 2004.
Larsen resigned as CEO in early 2005 to launch Prosper Marketplace but remained Chairman until E-Loan was sold to Banco Popular in 2005.
Larsen co-founded the company OpenCoin in 2012, which began developing the Ripple payment protocol.
Based on a concept developed by Ryan Fugger, blockchain technology will be used to facilitate international payments for banks.
Larsen remained CEO of OpenCoin after it changed its name to Ripple Labs, Inc. in September 2013.
Ripple was the second-largest cryptocurrency in terms of market capitalization in 2014, trailing only Bitcoin.
Over 100 companies use Ripple, including American Express and Santander.
Larsen stepped down as CEO of Ripple in December 2016, but he still serves as executive chairman.
Chris Larsen’s Personal Life
Larsen and his foundation donated $25 million to San Francisco State University in April 2019, primarily to XRP.
Chris Larsen is married to Lyna Lam, the Executive Director of A Khmer Buddhist Foundation. They have two kids together.
How Does Chris Larsen Make His Money?
His primary revenue sources from which he has earned $20 Billion are as follows:
- Earning as an Angel Investor
- Earning as a Business Executive
- Earning as a Chairman/Co-Founder, Ripple Labs Inc.
Chris Larsen Social Media Profiles
Chris Larsen’s Famous Quotes
“The Internet of value is more than just laying out a new way of doing finance. I think, fundamentally, this represents the final step in globalization.”Chris Larsen
Success Lessons Chris Larsen
- Know when to quit
- Learn and adapt
Chris Larsen is a business executive and angel investor best known for co-founding Ripple Labs, Inc., the company that developed Ripple.
I’m hopeful that his success stories have inspired you to start working toward your goals.
As per recent updates, the net worth of Chris Larsen is $20 Billion…!
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Frequently Asked Questions
Here are some of the frequently asked questions about Chris Larsen, such as age, weight, height, biography, girlfriend, etc…
What is Chris Larsen’s net worth?
The net worth of Chris Larsen is projected to be more than $20 Billion.
What is Chris Larsen’s age?
Chris Larsen was born on August 18, 1960, and he is 62 years old.
What is Chris Larsen’s height?
Chris Larsen’s height is 5 ft 3 in (1.62 m) tall.
How Much Cryptocurrency/ Bitcoin Does Chris Larsen Hold?
According to the report, Chris Larsen currently has a substantial amount of Coins, the value of which has not been disclosed.
Where is Chris Larsen from?
Chris Larsen is from the United States.
(PS: This is not Chris Larsen‘s precise net worth.)