Chris Larsen Net Worth: How Wealthy is the Ripple (XRP) Co-Founder?

Chris Larsen is an American investor and businessman who is popularly known as the co-founder of Ripple Labs which created the cryptocurrency Ripple (XRP). He also co-founded a few Silicon Valley startups before Ripple. Chris Larsen net worth is $6 billion.

As the price of cryptocurrencies varies, the net worth of Saylor will also be dependent on that since some of his portfolios are allocated to Bitcoin. The net worth of people in the cryptocurrency space can be valued based on the present value of digital assets.

Chris Larsen is in the fifth position after Changpeng Zhao, Sam Bankman-Fried, Brian Armstrong, and Gary Wang among the top richest crypto billionaires listed by Forbes 2022.

Chris Larsen Net Worth

The net worth of Chris Larsen is estimated to be $6 billion. Even though he left the CEO position at Ripple Labs, his possession of the Ripple tokens aka XRP will contribute much to his net worth. He still remains as executive chairman at the Ripple Labs. Apart from Ripple, he also owns wealth from his previously owned startups.

Chris Larsen Net Worth History

Net Worth 2018$4.6 billion
Net Worth 2019$1.9 billion
Net Worth 2020$2.6 billion
Net Worth 2021$3.4 billion
Net Worth 2022$4.3billion
Chris Larsen Net Worth History

Early Life

Chris was born in 1960 in California, United States. He lived with his parents who both were working. His mother was working as a freelance illustrator while Chris’s father was into Aircraft mechanics. After completing high school Chris attended his B.S. in San Francisco State University.

He did his B.S. in international business and accounting. After graduation, he worked with Chevron where he was doing financial audits. During this period he got a chance to work in different countries including Indonesia, Ecuador, and Brazil. Also, this helped him to closely understand how international payment systems work. After working for some years he did his MBA in 1991 from Stanford Graduate School of Business.

chris larsen wife
Chris Larsen & Lyna Lam image credits: SFSU

Chris Larsen Biography

Full NameChris Larsen
Age62
Wealth Sourcechris larsen Twitter
HometownSan Francisco, California
NationalityAmerican
Chris Larsen Net Worth 2022$6 Billion
Marital statusMarried
Chris Larsen WifeLyna Lam
children2
EducationB.S, MBA (Stanford Graduate School of Business)
chris larsen twitter@chrislarsensf
Chris Larsen Biography

Career

After graduating, Chris worked for some years. Soon after in the early 90s with the rise of the Internet he along with colleague Janina Pawlowski quit their jobs to found a mortgage business. They raised around $450,000 at that time and saw the internet as a good opportunity for lending business.

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Chris eventually co-founded a few other companies and sold them. In 2012, Larsen founded the company OpenCoin which later changed its name to Ripple Labs. Ripple Labs makes the code open source which is behind the Ripple payment network. They also created the cryptocurrency named Ripple or XRP which is the token being used in the Ripple network. Ripple became the second largest cryptocurrency by market cap in 2014 only after Bitcoin.

How Much XRP Does Chris Larsen Own?

Chris Larsen holds 17% shares in Ripple Labs. Apart from the stakes, he also personally holds 5 billion XRP.

How Old is Chris Larsen?

Chris Larsen is 64 years old as of 2024.

Is Chris Larsen Married?

Yes, Chris is married to Lyna Lam who is the executive director of A Khmer Buddhist Foundation. It is a non-profit organization that aims at improving the lifestyle and preservation of the Khmer people and their culture.

How Much is Chris Larsen Worth?

Chris Larsen’s net worth is $6 billion. As his main source of wealth is through crypto, the exact net worth continues to change as per the price volatility of the crypto market.

Summary

That’s a wrap to our article on Chris Larsen. There is no doubt that he is one of the most prominent founders in the crypto and blockchain space.
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Michael Saylor Net Worth
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Changpeng Zhao Net Worth
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