How did the world's youngest billionaire start his career?

John Collison, a 27-year-old entrepreneur, is a self-assured businessman and an excellent interlocutor. But when asked about his wealth, he feels embarrassed. "People often ask me about my fortune," he says. I have that answer, "and the BBC report answers this realistic question.

Who is John Collison?
John Collison is the co-founder of US-based Strike Software, but most people have never heard of it before because it does not sell anything consumers can buy, but its software can collect companies worldwide for their payments. Online more easily.

John Collison founded the company with his older brother Patrick, 29, the world's third-smallest billionaire, in 2011. Strike now has more than 100,000 customers worldwide valued at $ 9.2 billion ($ 7 billion) Sterling).

Forbes estimates that both John and Patrick have at least $ 1.1 billion, which is an achievement for the two brothers who have been living in rural Ireland and are fleeing the university.

the beginning
The computer programmer John and Patrick grew up in a small village in Tipperary County, west Ireland, and went to a Limerick state high school. Their choice of universities was an indication of their ambition in life. Instead of studying in Ireland or the UK, The finest American institutions.

Patrick succeeded in applying for mathematics at the prestigious Massachusetts Institute of Technology in 2007 and two years before John at Harvard, which is similarly respected.

Before John began his studies at Harvard, he became a millionaire and his brother thanks to their first commercial project, Octutomatic, a software company that enabled small businesses and individual traders to do their jobs more easily on Ebay.

Journey billions
The two brothers sold Octomatic in 2008 for $ 5 million a year after it was founded, and then stepped on Strike to continue working together after John began his studies at Harvard University, but they stopped studying at the university to launch Strike, In Silicon Valley, California.

"You may wonder what is difficult to start a business on the Internet and create a product that people want to buy. That may be easy, but the real difficulty is getting money from people online, Only we want to increase that percentage. "

Streep has 750 employees, 500 of whom are in San Francisco and 150 overseas, including European offices in Dublin, London, Paris and Berlin. The company charges a certain sum for each operation using its programs, which in the UK represents 1.4% Of the transaction value.

The success of "Strike"
Strike offers a software system that allows businesses of all sizes to collect payments more easily and manage other parts of their websites, such as securely storing customer data and other security systems.

On a daily basis, John, the company's president, spends most of his time dealing with foreign affairs, such as sales and partnerships, while Patrick focuses on most internal issues, such as engineering.

Although the company does not disclose details of its annual revenue, its $ 9.2 billion value indicates its profits. When it comes to increasing growth potential, John seems confident. As the digital economy continues to thrive, STRAP will continue to grow.