Max Levchin
$2.0B
Born
Jul 11, 1975
Age
50
Source of Wealth
fintech
Residence
San Francisco, California
Citizenship
United States
Marital Status
Married
Children
2
Education
Bachelor of Science, University of Illinois Urbana Champaign
- Levchin is cofounder and CEO of Affirm Holdings, a fintech lending company that helps people pay for items like cameras and dresses in installments.
- Before Affirm launched in 2014, Levchin cofounded PayPal, gaming company Slide and fertility-tracking app Glow.
- Levchin owns nearly 11% of Affirm. When it went public in January 2021, the stock doubled, bringing its market value to $24 billion. As of early March 2024, the market value was $11 billion.
- Affirm posted revenues of nearly $1.6 billion in the year through June 2023 and had a net loss of $985 million.
- In 1991, Levchin and his family emigrated from Ukraine to Chicago as Jewish refugees; they arrived with just $700.
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