Portrait of Parker Conrad

Rank #1270

Parker Conrad

Net worth $3.4B

Software · United States

Born
Apr 13, 1980
Age
46
Source
Software
Residence
San Francisco, California
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Harvard University

Net worth over time

Biography

  • Parker Conrad is the cofounder and CEO of human resources software startup Rippling.
  • Conrad owns an estimated 20% of the company, which private investors valued at $16.8 billion in May 2025.
  • 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.