BillionaireNet
Larsen
Chris Larsen
Rank #308
UNITED STATESFinance & InvestmentsCryptocurrency

Chris Larsen

Net Worth
$10.201B
0% (24h)
Chris Larsen (born 1960) is an American business executive and angel investor, most recognized for co-founding several Silicon Valley technology startups. His career includes co-founding the online mortgage lender E-Loan, the peer-to-peer lending platform Prosper Marketplace, and Ripple Labs, Inc., where he developed the Ripple software for instant money transfer. As Executive Chairman of Ripple, Larsen's net worth is estimated at $10.2 billion, stemming primarily from his holdings in XRP and his equity in Ripple Labs. He is known for his advocacy of financial privacy and for his philanthropic contributions, particularly in the areas of technology and community safety.

The Full Dossier

Early Life and Education

Chris Larsen was born in San Francisco, California, in 1960. He attended San Francisco State University, earning a B.S. in international business and accounting in 1984. He later earned an MBA from the Stanford Graduate School of Business in 1991.

Rise to Success

Larsen's career includes co-founding E-Loan in 1996, one of the first online mortgage lenders providing consumers with free FICO credit scores. In 2005, he co-founded Prosper Marketplace, a peer-to-peer lending platform. In 2012, he co-founded Ripple Labs, Inc., where he developed Ripple, a software for instant money transfer.

Key Business Strategies

Larsen has focused on creating innovative solutions in the fintech space, including online lending and blockchain technology. He has emphasized consumer financial privacy and the democratization of financial services.

Philanthropy

Larsen and his wife, Lyna Lam, have contributed significantly to philanthropic causes, including a $25 million gift to San Francisco State University. He has also supported various law enforcement and community initiatives.

Career Timeline

2012

Co-founded Ripple Labs

Co-founded Ripple Labs, Inc., developing Ripple software for instant money transfer.

2005

Co-founded Prosper Marketplace

Co-founded Prosper Marketplace, a peer-to-peer lending platform.

1996

Co-founded E-Loan

Co-founded E-Loan, one of the first online mortgage lenders in the United States.

Philanthropic Impact

Education$25M

San Francisco State University Donation

Donated $25 million to San Francisco State University to support business students and future leaders.

Community Safety$1M

San Francisco Police Department Donation

Donated $1 million to the San Francisco Police Department to enhance officer wellness and community engagement initiatives.

Wealth Trajectory