Forbes estimated Chris Larsen's net worth at $59 billion on 4 January 2018. That briefly made him the fifth richest person in the world. In 2020 he ranked number 319 on the Forbes 400 list of richest Americans.
Most of that wealth was tied to XRP, the token linked to the XRP Ledger that Ripple builds on. Larsen is Executive Chair and co-founder of Ripple, which began as OpenCoin in 2012.
Before Ripple he co-founded E-Loan, sold to Banco Popular in 2005, and Prosper Marketplace in 2005. He earned a B.S. from San Francisco State University and an MBA from Stanford.
Ripple was valued at $40 billion in a $500 million round announced on 5 November 2025. The 2018 figure reflects a peak in XRP prices and is not a current estimate.