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Youngest Self-Made Billionaire: USA sets World Record

Youngest Self-Made Billionaire: USA sets World Record

San Francisco, California, USA – January 24, 2017 – At just 26 years old, John Collison – the younger of the two brothers and Stripe’s president, is now the world’s youngest self-made billionaire; he takes the position from Snapchat cofounder and CEO Evan Spiegel, also 26, as he is two months younger.

Photo: At just 26 years old, John Collison – the younger of the two brothers and Stripe’s president, is now the world’s youngest self-made billionaire. He takes the position from Snapchat cofounder and CEO Evan Spiegel, also 26, as he is two months younger. 

The Guinness World Records world record for the oldest living US dollar billionaire is John Simplot (USA, b.4 January 1909), who had a net worth valued at $3.2 billion (£1.6 billion) when listed on Forbes.com on 8 March 2007, aged 98 years 63 days. Mr Simplot of Boise, Idaho, USA, self-made his fortune in the agricultural business, most notably in potato products.

Guinness World Records also recognized the world record for the first dollar billionaire; it was set by John D Rockefeller (USA, 1839–1937). He made his fortune in the oil business and was worth an estimated $1.4 billion (£0.28 billion) at his death.

28-year-old Patrick Collison and his 26-year-old brother John Collison are worth $1.46 billion a piece after their online payments company announced a new round of funding worth $12.3 billion.

Stripe, which is based in San Francisco operates in over 25 countries and allows both private individuals and businesses to accept payments over the Internet.

At just 26 years old, John Collison – the younger of the two brothers and Stripe’s president, is now the world’s youngest self-made billionaire.

He takes the position from Snapchat cofounder and CEO Evan Spiegel, also 26, as he is two months younger.

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