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29th Nov 2016

The youngest self-made billionaire in the world is Irish

He's worth $1.1 billion.

Laura Holland

An Irish guy has been named the world’s youngest self-made billionaire.

Cofounder and President of Stripe, John Collison, has topped the list of the world’s youngest self-made billionaires.

John and his brother Patrick, who are from Limerick, started a payments company, Stripe, in September 2011 and now value the company at $9.2 billion following a new round of funding last week.

Stripe's co-founder, John Collison, delivers a speech in Paris during the commercial launch of his company in France on June 7, 2016. Stripe is an online payments company. / AFP / Jacques DEMARTHON (Photo credit should read JACQUES DEMARTHON/AFP/Getty Images)

According to Forbes, both brothers are worth approximately $1.1 billion, making John, the younger of the two, the world’s youngest self-made billionaire. At just 26, he’s two months younger than Snapchat’s founder Evan Spiegel who also made the list.

The only other self-made billionaires on the list under the age of 30 are Patrick Collison (28) and Snapchat cofounder Bobby Murphy (28).

The youngest billionaire, not self-made, is 20-year-old Norwegian Alexandra Andresen, who inherited a 42% stake in family-owned investment company Ferd.

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