Parker Conrad

$1.97B
as of 10/04/24

About Parker Conrad

Parker Conrad is cofounder and CEO of HR startup Rippling, which was valued by private investors at $11.3 billion in 2022.

Forbes estimates the company is now worth around $8.2 billion as private markets have tanked. Conrad owns an estimated 22% stake.

Conrad cofounded the company in 2016 after resigning under pressure as CEO of Zenefits, the HR startup he founded in 2013.

Zenefits, worth $4.5 billion at its peak, slashed its valuation by more than half in 2016 amid compliance investigations related to its insurance sales.

Conrad worked at biopharma company Amgen and in 2007 moved to San Francisco to start Wikinvest, now called SigFig, with a college friend, who eventually forced him out of the company.

A battle with testicular cancer led Conrad to become an expert on the U.S. healthcare system. He founded Zenefits with $20,000 in savings.

Personal stats

Citizenship

United States of America

Source of wealth

Software

Residence

San Francisco, California

Marital status

Married

Birth date

04/13/80 (age 44)

Education

Bachelor of Arts/Science, Harvard University

Self-made

self-made

Parker Conrad’s fortune is worth

33K

troy ounces of gold

30K

median U.S. household

20K

median U.S. income

0.039%

U.S. credit card volume

0.008%

GDP of the United States

0.006%

United States debt

Net worth history

Annual ranking

Did you know?

Conrad flunked out of Harvard when his role as managing editor of The Crimson distracted from his studies. He eventually completed his degree.

Net worth over time

Real-time ranking

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