Portrait of Chad Richison

Rank #2877

Chad Richison

Net worth $1.3B

Payroll processing · United States

Born
Oct 10, 1970
Age
55
Source
Payroll processing
Residence
Edmond, Oklahoma
Citizenship
United States
Marital status
Married
Children
4
Education
Bachelor of Arts/Science, University of Central Oklahoma

Net worth over time

Biography

  • Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online.
  • Richison, a former senior manager at payroll firm ADP, created Paycom in 1998.
  • He took Paycom public on the New York Stock Exchange in 2014 and owns about 12% of its shares.
  • The company provides payroll and human resource services and joined the S&P 500 in 2020.
  • Richison founded a nonprofit, the Green Shoe Foundation, which aims to improve people's mental health through counseling and therapy sessions.
  • Richison was a wrestler in high school and college, placing at the state championships as a high school senior in his hometown of Tuttle, Oklahoma.

Financial assets

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