56 Fintech Billionaires Worth a Combined US$327B in 2021

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56 Fintech Billionaires Worth a Combined US$327B in 2021

Switzerland

News / Switzerland 744 Views 0

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech companies in the world including Ant Group, PayPal, Stripe and Klarna. They are also world renowned fintech investors and the founders of leading firms such as Bloomberg and Thomson Reuters.

US leads in fintech billionaire count

Out of the 56 fintech billionaires identified, 28 are in the US, making it the largest hub of fintech billionaires.

US fintech billionaires are worth a combined US$162.1 billion and represent industries including financial media and information, payment, cryptocurrency, blockchain, brokerage and trading, and digital banking.

They include the three co-founders of financial information and media firm Bloomberg Michael Bloomberg (worth US$59 billion), Charles Zegar (US$2.6 billion), and Duncan MacMillan (US$1.5 billion), eBay founder Pierre Omidyar (US$21.4 billion), Square founder Jack Dorsey (US$12.5) and co-founder Jim McKelvey (US$3.5 billion), and Coinbase CEO Brian Armstrong (US$6.5 billion) and founder Fred Ehrsam (US$1.9 billion).

Other notable US fintech billionaires include identical twins Cameron and Tyler Winklevoss (worth US$3 billion individually), the two founders of cryptocurrency exchange Gemini, Ripple co-founder Chris Larsen (US$3.4 billion), blockchain and crypto pioneer Jed McCaleb (US$2 billion), venture capitalist (VC) Tim Draper (US$1.5 billion), Chime co-founder Chris Britt (US$1.3 billion), and Robinhood founder Vlad Tenev (US$1 billion) and co-founder Baiju Bhatt (US$1 billion).

Fintech billionaires around the world

Fintech Billionaires 2021 (1)

After the US, China has the second highest number of fintech billionaires at 6 for a combined total net worth of US$65 billion.

Three of them are affiliated with Ant Group, the fintech spinoff of China’s e-commerce giant Alibaba and the world’s most valuable fintech company at US$220 billion. They are Jack Ma (US$48.4 billion), Alibaba’s co-founder, Eric Jing (US$1.7 billion), Ant Group’s executive chairman, and Shao Xiaofeng (US$1.3 billion), a major shareholder of Ant Group and former chief risk officer at Alibaba.

Other Chinese fintech billionaires include Qi Shi (US$10.4 billion), the founder of Shenzhen-listed East Money Information, a financial and stock information website provider, Changpeng Zhao (US$1.9 billion), the founder and CEO of Binance, one of the world’s biggest cryptocurrency exchanges, and Ye Qiongjiu (US$1.3 billion), the deputy general manager of HithinkRoyalFlush Information Network, an online financial information services business.

Brazil has the third highest number of fintech billionaires at three who combine a total net worth of US$9.5 billion. They are Andre Street (US$2.5 billion) and Eduardo de Pontes (US$2.4 billion), the co-founders of StoneCo, a Nasdaq-listed cloud-based online payment processor, and Luis Frias (US$4.6 billion), the chairman of PagSeguro Digital, a New York Stock Exchange (NYSE)-listed payment company.

The UK, Sweden, the Netherlands, Ireland, Canada, and Australia all have two fintech billionaires each, who oftentimes are the two co-founders of a successful company.

In Ireland, they are John Collison (IUS$3.2 billion) and Patrick Collison (US$3.2 billion), the co-founders of Stripe, the world’s most valuable VC-backed private company at US$95 billion.

In Sweden, they are Victor Jacobsson (US$2.7 billion) and Sebastian Siemiatkowski (US$2.2 billion), the co-founders of Klarna, Europe’s most valuable fintech company at US$31 billion.

In the Netherlands, they are Arnout Schuijff (US$3.5 billion) and Pieter van der Does (US$2.6 billion), the co-founders of payment processing company Adyen.

And in Australia, they are Anthony Eisen (US$1.8 billion) and Nick Molnar (US$1.8 billion), the co-founders of Afterpay, a leading buy now pay later company.

Other fintech billionaires around the world include Swiss Guillaume Pousaz (US$9 billion), the founder of Checkout.com, the UK’s most valuable fintech company at US$15 billion, Canadian David Thomson (US$41.8 billion) of Thomson Reuters, India’s Vijay Shekhar Sharma (US$2.3 billion), the founder of Paytm, the country’s largest mobile wallet, the UK’s Nik Storonsky (US$1.2 billion), the co-founder of neobank Revolut, and Colombian David Velez, the founder and CEO of Brazil’s Nubank, the largest fintech company and the most valuable VC-backed company in Latin America valued at US$25 billion.

Fintech RankBillionaire RankNameWorth (US$ bn)CountryBusinessBio
120Michael Bloomberg59USABloombergMichael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
226Jack Ma48.4ChinaAnt GroupA former English teacher, Jack Ma cofounded Alibaba Group, one of the world's largest e-commerce businesses.
333David Thomson41.8CanadaThomson ReutersDavid Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson.
483Pierre Omidyar21.4USAPayPalPierre Omidyar founded online auction firm eBay in 1995 and now serves on the company's board.
5173Jack Dorsey12.5USASquareTattooed entrepreneur Jack Dorsey has been CEO of both social media firm Twitter and small business payments company Square since 2015.
6216Qi Shi10.4ChinaEast Money InformationQi Shi chairs Shenzhen-listed East Money Information, which operates one of the country's most popular financial and stock information websites.
7262Guillaume Pousaz9SwitzerlandCheckout.comGuillaume Pousaz founded Checkout.com in 2012 to solve the problem of online payment processing for shops and shoppers around the world.
8274Sam Bankman-Fried8.7USAFTXSam Bankman-Fried manages $2.5 billion of assets through Alameda Research, the quantitative crypto trading firm he founded in 2017.
9404Brian Armstrong6.5USACoinbaseBrian Armstrong is the chief executive of Coinbase Global, the largest cryptocurrency exchange in the United States.
10539David Velez5.2ColombiaNubankVélez is cofounder and CEO of Nubank, a Sao-Paulo based digital bank that offers credit cards, checking accounts and life insurance.
11622Luis Frias4.6BrazilPaySeguro DigitalLuis Frias is chairman of PagSeguro Digital, a payments company that went public on the New York Stock Exchange in 2018, raising over $2 billion.
12680Scott Cook4.2USAIntuitScott Cook is the cofounder of financial software giant Intuit, known for products like QuickBooks, TurboTax and Mint.
13859Arnout Schuijff3.5NetherlandsAdyenArnout Schuijff is the cofounder of Adyen, an Amsterdam-based payment processing company.
13859Jim McKelvey3.5USASquareJim McKelvey cofounded payments firm Square with Jack Dorsey in 2009 after he had trouble selling a $2,000 art piece from his studio.
13859Thomas Secunda3.5USABloombergThomas Secunda is a cofounder of financial services and media company Bloomberg LP.
14891Chris Larsen3.4USARippleChris Larsen cofounded Ripple in 2012 to facilitate international payments for banks using blockchain technology.
15925Vyacheslav Kim3.3KazakhstanKaspi BankVyacheslav Kim is chairman of Kaspi Bank, Kazakhstan's largest payments and fintech company.
16956Mikhail Lomtadze3.2GeorgiaKaspi BankKaspi is Kazakhstan's largest payments and fintech ecosystem with over 7 million monthly users.
16956John Collison3.2IrelandStripeJohn Collison is cofounder and president of Stripe, a company that lets businesses and individuals accept payments over the internet.
16956Patrick Collison3.2IrelandStripePatrick Collison is the cofounder and CEO of Stripe, a company that lets businesses and individuals accept payments over the internet.
171008Cameron Winklevoss3USAGeminiIdentical twins Cameron and Tyler Winklevoss cofounded cryptocurrency exchange Gemini in 2014; today it processes about $200 million a day in trades.
171008Tyler Winklevoss3USAGeminiIdentical twins Cameron and Tyler Winklevoss cofounded cryptocurrency exchange Gemini in 2014; today it processes about $200 million a day in trades.
181064Chad Richison2.9USAPaycomChad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online.
191174Victor Jacobsson2.7SwedenKlarnaJacobsson cofounded Klarna in 2005, pioneering the buy-now, pay-later model in fintech that has recently soared in popularity.
201205Pieter van der Does2.6NetherlandsAdyenPieter van der Does is the cofounder and CEO of Adyen, an Amsterdam-based payment processing company.
201205Steven Sarowitz2.6USAPaylocitySteven Sarowitz founded online payroll firm Paylocity in 1997 after working at several other payroll firms.
201205Charles Zegar2.6USABloombergCharles Zegar is one of three billionaire cofounders of financial services and media giant Bloomberg LP.
211249Andre Street2.5BrazilStoneCoAndre Street is a cofounder of StoneCo, a Brazilian cloud-based online payment processor that raised $1.5 billion in its 2018 IPO.
221299Eduardo de Pontes2.4BrazilStoneCoEduardo de Pontes is a cofounder of StoneCo, a Brazilian cloud-based online payment processor; it raised $1.5 billion in its 2018 IPO.
221299William Stone2.4USASS&CBill Stone started financial-software firm SS&C Technologies in 1986 with the $20,000 he had saved from his days as a KPMG executive.
231362Vijay Shekhar Sharma2.3IndiaPaytmSon of a schoolteacher from a small city in north India, Vijay Shekhar Sharma founded fast-rising mobile wallet Paytm in 2011.
231362Jared Isaacman2.3USAShift4 PaymentsJared Isaacman is the founder and CEO of Allentown, Pennsylvania-based payment processing firm Shift4 Payments.
231362Michael Saylor2.3USAMicroStrategyMichael Saylor is the CEO of business analytics software firm MicroStrategy.
241444Sebastian Siemiatkowski2.2SwedenKlarnaSiemiatkowski cofounded Klarna in 2005, pioneering the buy-now, pay-later model in fintech that has recently soared in popularity.
241444Max Levchin2.2USAAffirmLevchin is cofounder and CEO of Affirm, a fintech lending company that helps people pay for items like cameras and dresses in installments.
251580Jed McCaleb2USAMt Gox; Ripple; StellarMcCaleb was an early pioneer in the blockchain space who helped launch three well-known crypto firms.
261664Changpeng Zhao1.9ChinaBinanceChangpeng Zhao, who goes by CZ, is founder and CEO of Binance, a cryptocurrency exchange that became the largest on the planet in just under 180 days.
261664Fred Ehrsam1.9USACoinbaseEhrsam founded cryptocurrency exchange Coinbase in 2012 with Brian Armstrong. It has since grown into the largest U.S. crypto brokerage.
271750Anthony Eisen1.8AustraliaAfterpayAnthony Eisen is cofounder and CEO of Afterpay, which lets people pay for retail items like clothing in four interest-free installments.
271750Nick Molnar1.8AustraliaAfterpayNick Molnar cofounded Australian fintech startup Afterpay in 2015, which lets people pay for small items like dresses in 4 interest-free installments.
281833Philip Fayer1.7CanadaNuveiPhilip Fayer is chairman and CEO of Nuvei Corp.; he founded the predecessor to the payment processor company in 2003.
281833Eric Jing1.7ChinaAnt GroupEric Jing is the executive chairman of financial services firm Ant Group, an affiliate of China e-commerce giant Alibaba Group.
291931Barry Silbert1.6USADigital Currency GroupBarry Silbert is the founder and CEO of Digital Currency Group (DCG), a conglomerate of five cryptocurrency-focused companies.
291931David Zalik1.6USAGreenskyDavid Zalik is the cofounder and CEO of financial technology company GreenSky.
302035Tim Draper1.5USADraper Fisher JurvetsonA scion of a Silicon Valley investing dynasty, Tim Draper is a founding partner of venture capital firm Draper Fisher Jurvetson.
302035Duncan MacMillan1.5USABloombergDuncan MacMillan cofounded financial data and media company Bloomberg LP in 1981 with Mike Bloomberg, Thomas Secunda and Charles Zegar.
302035Matthew Roszak1.5USABloqRoszak is cofounder and chairman of Bloq, a blockchain technology startup that consults on projects such as helping banks store digital assets.
312263Shao Xiaofeng1.3ChinaAnt GroupShao Xiaofeng's fortune arises from his holdings in Ant Group, the financial services arm of China e-commerce leader Alibaba Group.
312263Ye Qiongjiu1.3ChinaHithink RoyalFlush Information NetworkYe Qiongjiu is deputy general manager of HithinkRoyalFlush Information Network, an online financial information services business.
312263Chris Britt1.3USAChimeChris Britt cofounded San Francisco startup Chime in 2013 as a mobile banking app and debit card with no monthly fees.
322378Ronald Slabke1.2GermanyHypoport SERonald Slabke is the CEO of Hypoport SE, a network of technology companies serving the credit, real estate and insurance industries.
322378Simon Nixon1.2UKMoneySupermarketSimon Nixon earned the bulk of his fortune from his price-comparison website MoneySuperMarket.
322378Nik Storonsky1.2UKRevolutNik Storonsky cofounded and runs U.K.-based financial services firm Revolut.
322378Ronald Clarke1.2USAFleetcor TechnologiesRonald Clarke is the CEO and chairman of Fleetcor Technologies, a $2.4 billion (sales) digital payments company.
332674Baiju Bhatt1USARobinhoodBaiju Bhatt cofounded no-fee stock trading app Robinhood in 2013 with his friend Vlad Tenev.
332674Vlad Tenev1USARobinhoodVlad Tenev is CEO of no-fee stock trading app Robinhood, which he founded in 2013 with his friend Baiju Bhatt.

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