Chris Larson net worth
Chris Larson Net Worth: Chris Larson is an American businessman and angel investor with a net worth of $6 billion. Chris Larson was born in San Francisco, California in 1960. He co-founded several Silicon Valley tech startups. Larson co-founded mortgage lender E-Loan in 1996 and serves as CEO. The company was the first to offer FICO credit scores to consumers for free. Chris Larsen co-founded Prosper Marketplace in 2006 and served as CEO until 2012. He co-founded Ripple Labs, Inc. in 2012 and serves as CEO. He co-founded the Californian for Privacy Now coalition in 2001. Larsen has served on the boards of organizations such as Credit Karma, Betable, Qifang and the Electronic Privacy Information Center. He also co-founded OpenCoin in 2012. Larson earned a bachelor’s degree from San Francisco State University and an MBA from Stanford Graduate School of Business. He previously worked for Chevron in Brazil, Indonesia and Ecuador.
Ripple net worth: Larsen owns 17% of the company that created Ripple (the company controls 61% of all tokens). He also owns an additional 5.19 billion XRP as a personal stake. When Ripple’s price hit $3.84 on January 4, Chris was technically worth $60 billion on paper. That’s enough to make him one of the 10 richest people on the planet. At one point, he was the seventh-richest person on the planet, ahead of the likes of Larry Page, Carlos Slim, Larry Ellison and Michael Bloomberg. A month later, Ripple lost 80% of its value. At that level, Chris is still worth $12 billion. It is not known if Chris sold any of his Ripple stakes. If he sells a large portion, it will cause a significant dilution of the market.
