Chris Larsen is a business executive and angel investor best known for co-founding several Silicon Valley technology startups, including one based on peer to peer lending known as Ripple.
CHRIS LARSEN NET WORTH – $2,900,000,000
|NAME: Chris Larsen|
|OCCUPATION: Businessman, Investor and Philanthropist|
|COUNTRY OF BIRTH: United States|
|SOURCE OF WEALTH : Bitcoin Investments, Ripple Creation|
|PLACE OF RESIDENCE: Mumbai|
Born in San Francisco, California, in 1960, Chris Larsen attended San Francisco State University, where he earned a B.S. in international business and accounting in 1984.
Working for Chevron after college he completed financial audits for the company in country’s such as Brazil, Ecuador, and Indonesia.
He graduated with an M.B.A. from the Stanford Graduate School of Business in 1991.
Larson owns a 25,000 square foot estate in The Highlands neighborhood overlooking Puget Sound just north of Seattle.
The home has a 24 car garage and is just one of a number of properties in his large real estate portfolio, most of which is not in the public Domain.
Co-founding the online mortgage lender E-Loan in 1996 Larsen’s company became the first company to freely provide consumers FICO credit scores and the company was valued at $1 billion by the turn of the year 2000.
Moving on to co-found Prosper Marketplace, Larsen served as the CEO until 2012 when he co-founded the company Ripple Labs, Inc that would go on to make him his fortune in the cryptocurrency world.
In 2001 he co-founded the coalition Californians for Privacy Now and has been a vocal supporter of financial privacy.
Larsen has given speeches at many conferences including Sibos, SWIFT’s flagship conference and he has written a number of publications for American Banker.
In 2005, Larsen and John Witchel co-founded Prosper Marketplace Larsen served as CEO and the site operated on an eBay style platform with lenders and borrowers ultimately determining loan rates.
Over the years he has become a board member and advisor for companies such as Credit Karma, the Electronic Privacy Information Center (EPIC), Qifang, and Betable.
On January 4, 2018, Forbes estimated Larsen’s worth at $59 billion, briefly putting him ahead of Mark Zuckerberg and into fifth place in their list of world’s richest people.
In the early 2000s, Larsen established the Chris Larsen Scholarship Fund at San Francisco State University.
He recently donated $1 million dollars to five San Francisco food banks for COVID-19 relief efforts.
Chris Larsen is currently married to wife Lyna Lam and has two sisters in law and the couple have two sons together.
The couple donated $25 million dollars from Ripple Labs to the San Francisco State University.
Chris Larsen’s father worked for United Airlines as an aircraft mechanic and his mother worked as a graphic designer.
Larson has a number of friends both in the cryptocurrency and business world including Joseph Lubin, Changpeng Zhao and Cameron and Tyler Winklevoss.
Business friends include Bill Gates, Larry Ellison, Janina Pawlowski, John Witchel and Nigel Morris
Chris Larsen is a huge Baseball player and he co-purchased the Seattle Mariners and has a $6 million baseball-memorabilia collection.
He enjoys driving fast cars, attending events, hosting parties and keeping fit in his spare time.
His exotic car collection includes a $500,000 Rolls-Royce, a $200,000 Bentley and an Aston Martin.