Chris Larsen

$12.25 B

Ranked #240 in World

About Chris Larsen

Chris Larsen, an American business executive and angel investor, has had a remarkable career in the finance industry. He co-founded several Silicon Valley technology startups, including E-Loan in 1996, which became the first company to offer consumers' FICO credit scores for free. Larsen went on to co-found Prosper Marketplace in 2005 and Ripple Labs, Inc. in 2012, where he developed the Ripple software for instant money transfer. Known for his advocacy for financial privacy, Larsen has been involved in various organizations and has an estimated net worth of $59 billion. He has also made significant contributions to COVID-19 relief efforts by donating to San Francisco food banks.

Born

June 15, 1960

Age

65 years

Source Of Wealth

Cryptocurrency

Industries

Finance & Investments

Citizenship

United States

Residence

San Francisco, California

Education

Bachelor of Arts/Science, San Francisco State University; Master of Business Administration, Stanford Graduate School of Business

Chris Larsen was born in San Francisco, California, in 1960. His mother was a freelance illustrator, while his father worked for United Airlines. Larsen attended San Francisco State University, where he earned a B.S. in international business and accounting in 1984. After graduating, he worked for Chevron, conducting financial audits in Brazil, Ecuador, and Indonesia. He later graduated with an M.B.A. from Stanford Graduate School of Business in 1991.

Chris Larsen: Family

There is no information provided about Chris Larsen's family.

Chris Larsen: Career Highlights

Chris Larsen has had a remarkable career as a business executive and angel investor. He co-founded several successful technology startups in Silicon Valley, including E-Loan, Prosper Marketplace, and Ripple Labs, Inc. Larsen is widely recognized for his contributions to the financial technology industry and his advocacy for financial privacy.

Chris Larsen: Companies

Chris Larsen has co-founded and been involved with several notable companies throughout his career:

E-Loan (1996-2005): Co-founded E-Loan, one of the first online mortgage lenders in the United States. The company allowed borrowers to search and shop for loans directly, without fees.
Prosper Marketplace (2005-2012): Co-founded Prosper Marketplace, a peer-to-peer lending platform that facilitated personal loans between borrowers and investors.
OpenCoin and Ripple Labs, Inc. (2012-present): Co-founded OpenCoin, which later became Ripple Labs, Inc. The company developed the Ripple payment protocol, enabling instant and direct money transfer between two parties.

Chris Larsen: Major Achievements

Chris Larsen's major achievements include:

Co-founding E-Loan, one of the first online mortgage lenders in the United States.
Successfully taking E-Loan public in 1999, raising significant capital for the company.
Co-founding Prosper Marketplace, a pioneer in the peer-to-peer lending industry.
Co-founding Ripple Labs, Inc. and developing the Ripple payment protocol, which revolutionized the way money is transferred globally.
Becoming a prominent advocate for financial privacy and consumer rights.

Chris Larsen: Awards & Achievements

Chris Larsen has received numerous awards and accolades for his contributions to the business and technology sectors:

Named Alum of the Year by San Francisco State University in 2004.
Recognized as one of the 50 Smartest Companies by MIT Technology Review in 2014.
Ranked No.
4 on Fast Company's list of World's Top 10 Most Innovative Companies Of 2015 In Money.

Chris Larsen: Personal Life & Legacy

Chris Larsen is known for his philanthropic efforts and commitment to social causes. He has donated to various charitable organizations, including San Francisco food banks during the COVID-19 pandemic. Larsen is also an advocate for financial privacy and has been involved in initiatives to protect consumer rights.

Chris Larsen: Trivia

Chris Larsen's estimated net worth reached $59 billion in 2018, briefly making him the 5th richest person globally. He is an avid supporter of the Occupy Wall Street movement and has raised money for protesters.

Wealth History

Timeline

1960

Chris Larsen is born in San Francisco, California.

1984

Larsen earns a B.S. in international business and accounting from San Francisco State University.

1991

Larsen graduates with an M.B.A. from Stanford Graduate School of Business.

1992

Larsen quits his job to found a mortgage business with colleague Janina Pawlowski.

1996

Larsen and Pawlowski switch focus from loans to developing a mortgage lending website, E-Loan.

1997

E-Loan website launches, becoming one of the first online mortgage lenders in the US.

1998

E-Loan faces funding difficulties and enters talks with Intuit for a $130 million buyout.

1999

Yahoo CEO offers to buy a 23% stake in E-Loan for $25 million, retaining control of the company. E-Loan raises venture capital from Softbank and Sequoia Capital and files for an initial public offering, going public in June.

2000

E-Loan becomes the first company to freely provide consumers' FICO credit scores. Larsen serves as CEO and chairman, and the company's market value is estimated at around $1 billion.

2001

Larsen co-founds Californians for Privacy Now, advocating for financial privacy in California.

2003

A bill requiring opt-in for sharing personal information, supported by Californians for Privacy Now, passes in California, setting the standard for financial privacy laws.

2005

Larsen steps down as CEO of E-Loan to start Prosper Marketplace with John Witchel, serving as CEO. E-Loan is sold to Banco Popular.

2008

Prosper Marketplace facilitates over $120 million in loans, with an average loan amount of $7,000. It is named to Fast Company's Fast 50 List of 'most innovative companies of the year'.

2011

Larsen resigns as CEO of Prosper Marketplace but remains chairman. He supports the Occupy Wall Street movement and raises money for protesters.

2012

Larsen co-founds OpenCoin, which develops the Ripple payment protocol, enabling instant and direct money transfer between two parties.

2013

OpenCoin closes a second round of angel funding and changes its name to Ripple Labs, Inc. Larsen remains CEO.

2014

Ripple is the second-largest cryptocurrency by market capitalization, after Bitcoin. Larsen speaks at the IIF Annual Memberships Meeting and writes articles on banking systems and technical topics for publications like American Banker.

2015

Ripple Labs is ranked No. 4 on Fast Company's list of World's Top 10 Most Innovative Companies Of 2015 In Money.

2018

Larsen's estimated net worth reaches $59 billion, briefly ranking him as the 5th richest person globally.

2020

Larsen continues to serve as CEO of Ripple Labs, Inc. and is involved in various philanthropic efforts, including donating to San Francisco food banks for COVID-19 relief efforts.

Chris Larsen : FAQs

What is Chris Larsen's current net worth?

Chris Larsen's current net worth is $12.25 billion.

What is Chris Larsen's current global rank among billionaires?

Chris Larsen holds the 240th position globally among billionaires.

What is Chris Larsen's current ranking within the United States?

Chris Larsen holds the 96th position in United States.

What was the change in Chris Larsen's net worth compared to the previous year?

Chris Larsen's net worth increased by 2.05 billion dollars compared to the previous year 2025, when his net worth was 10.20 billion dollars.

What are Chris Larsen's main sources of wealth?

Chris Larsen's main source of income comes from Cryptocurrency.

In which industry does Chris Larsen primarily operate?

Chris Larsen is primarily involved in the Finance & Investments industry.

What is Chris Larsen educational background?

Chris Larsen holds a Bachelor of Arts/Science from San Francisco State University and a Master of Business Administration from Stanford Graduate School of Business.

How old is Chris Larsen?

Chris Larsen is 65 years old.

How many children does Chris Larsen have?

Chris Larsen has 2 children.

Who is Chris Larsen?

Chris Larsen is an American business executive and angel investor who co-founded several Silicon Valley technology startups.

What is E-Loan?

E-Loan is a company co-founded by Chris Larsen in 1996, which was the first to freely provide consumers' FICO credit scores.

What is Ripple Labs?

Ripple Labs, Inc. is a company founded by Chris Larsen in 2012, which developed Ripple software for instant money transfer.

What is Californians for Privacy Now?

Californians for Privacy Now is an organization co-founded by Chris Larsen in 2001, advocating for financial privacy in California.