Chris Larsen is a prominent entrepreneur and businessman who is best known as the co-founder of Ripple, a cryptocurrency and technology company. He has made a significant impact in the world of blockchain technology and has amassed an impressive net worth throughout his career.
In this blog, Covemarkets will explore Chris Larsen net worth, early life, career highlights and much more.
Quick Facts
| Full Name | Chris Larsen |
| Popular Name | Chris |
| Gender | Male |
| Birth Date | 1960 |
| Age | 63 |
| Parents | Mother: Freelance illustrator |
| Father: Aircraft mechanic | |
| Siblings | Not mentioned |
| Birth Place | San Francisco, California |
| Nationality | American |
| Education | B.S. in International Business |
| and Accounting from | |
| San Francisco State University | |
| M.B.A. from Stanford | |
| Marital Status | Married |
| Wife/Spouse | Lyna Lam |
| Children | Not mentioned |
| Dating | Not mentioned |
| Net Worth | $2.6 billion USD |
| Source of Wealth | Investments, startups, Ripple |
What is Chris Larsen Net Worth and Salary in 2023?
As of 2023, Chris Larsen’s one of the richest people who have a net worth is estimated to be $2.6 billion USD. His entrepreneurial ventures and investments in various tech companies have played a significant role in accumulating his wealth. Larsen’s success has allowed him to make substantial contributions to philanthropic causes, further solidifying his reputation as a visionary leader.
Why is Chris Larsen Famous?
Chris Larsen’s fame is primarily attributed to his co-founding of Ripple, a widely recognized and highly influential cryptocurrency and technology company. His expertise in blockchain technology and his contributions to the fintech industry have solidified his reputation as a prominent figure in the field.
Larsen’s entrepreneurial spirit and innovative ideas have not only made him famous within the industry but have also positioned him as a leading advocate for the adoption and implementation of cryptocurrencies on a global scale.
Chris Larsen Overview
Early Life
Chris Larsen was born in San Francisco, California, in 1960. Growing up, he witnessed the hard work and dedication of his parents, with his mother working as a freelance illustrator and his father as an aircraft mechanic for United Airlines.
Career and Awards
Larsen is a renowned American business executive and angel investor. He is best known for co-founding several Silicon Valley technology startups, including one based on peer-to-peer lending.
His career journey began after he graduated with a B.S. in international business and accounting from San Francisco State University in 1984.
He then worked for Chevron, conducting financial audits in Brazil, Ecuador, and Indonesia. Later, he earned an M.B.A. from the Stanford Graduate School of Business in 1991.
In the early 1990s, Larsen co-founded a mortgage business with his colleague Janina Pawlowski. By 1996, they had shifted their focus to developing a mortgage lending website, which later became E-Loan. This online platform allowed borrowers to search and shop for loans directly, eliminating the fees charged by brokers and sales agents.
In 2005, Larsen co-founded Prosper Marketplace, an eBay-style online auction marketplace for loans. He served as CEO until 2012.
Larsen’s most notable venture came in 2012 when he co-founded Ripple Labs, Inc., which developed Ripple, a software that enables the instant and direct transfer of money between two parties.
As of 2023, Larsen serves as the Executive Chairman and co-founder of Ripple.
- Awards and Recognition:
Throughout his career, Larsen has received numerous accolades. In 2004, he was named Alum of the Year by San Francisco State University.
In 2014, Ripple was the second-largest cryptocurrency by market capitalization, after Bitcoin. That same year, Ripple Labs was named one of the 50 Smartest Companies by MIT Technology Review.
In 2015, Fast Company ranked Ripple Labs No. 4 on its list of the World’s Top 10 Most Innovative Companies Of 2015 In Money.
- Philanthropy and Recent News:
In recent years, Larsen has made significant contributions to various causes. In 2019, he, along with his wife Lyna Lam and Rippleworks, made the largest digital donation ever to a U.S. university, San Francisco State.
In 2020, Larsen and Ripple each donated US$1 million to five San Francisco food banks for COVID-19 relief efforts.
In 2023, Larsen awarded $2 million in grants to revitalize shopping districts in San Francisco, providing funds for events, public art, and street improvements.
Personal Life
Aside from his professional achievements, Larsen is also known for his philanthropic endeavors. He married Lyna Lam.
Social Media Accounts
FAQs about Chris Larsen
What is Chris Larsen’s wealth in 2023?
Larsen’s wealth in 2023 is $2.6 billion USD.
How did Larsen make his money?
Larsen made his fortune through his investments in various tech companies, co-founding Silicon Valley startups, and his involvement in Ripple Labs.
Is Chris Larsen married?
Yes, Chris Larsen is married to Lyna Lam.
How did Larsen get involved in the cryptocurrency industry?
Larsen has a background in technology and entrepreneurship. Before founding Ripple Labs, he co-founded several other companies, including E-LOAN, a successful online lending platform. He became interested in the potential of blockchain technology and cryptocurrencies, which led to the creation of Ripple and XRP.
Conclusion
In conclusion, Chris Larsen’s success as an entrepreneur and his involvement in the cryptocurrency industry have contributed to his impressive wealth. His co-founding of Ripple and his innovative ideas have not only propelled him to fame but have also revolutionized the way we perceive and use cryptocurrencies. With his strategic business ventures and ongoing contributions, Larsen’s net worth is likely to continue growing in the coming years. Thank you for reading.
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