Billionaire Profile
Parker Conrad
Global Rank
#1236

Image: TechCrunch | CC BY 2.0 | via Wikimedia Commons

Parker Conrad

CEO, Software
UNITED STATES
Real-Time Net Worth
$3.4B
Estimated based on Software stock value as of March 6, 2026
0% (24h)
Age
45
Source
Software
Industry
Technology
Citizenship
UNITED STATES

Biography

Parker Conrad is a highly successful American entrepreneur and the current CEO of Rippling, a cloud-based human resources platform. His wealth source is software. Born in 1980, Conrad's career began after earning a degree in chemistry from Harvard University. He has founded and co-founded multiple startups, including SigFig, Zenefits, and Rippling. While CEO of Zenefits, the company faced legal and regulatory challenges, and Conrad resigned. However, he returned with Rippling, which has since achieved a valuation of $16.8 billion (May 2025), making him a prominent figure in the tech industry and a billionaire with a net worth of $2.0 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Parker Rouse Conrad was born in New York City in 1980. He attended The Collegiate School and later studied chemistry at Harvard University, where he was also the managing editor of The Harvard Crimson. Conrad's early interest in science led him to conduct research on sea snails.

Career

Conrad began his career as a product manager at Amgen, a biotechnology firm. His entrepreneurial journey then led him to co-found Wikinvest (later SigFig), a financial technology company. He served as co-CEO of SigFig. In 2012, Conrad co-founded Zenefits, a cloud-based HR platform, and served as its CEO. The company gained rapid growth, reaching a valuation of $4.5 billion within two years. However, Zenefits faced controversies and regulatory issues, leading to Conrad's resignation in 2016. Following his departure from Zenefits, Conrad co-founded Rippling, another HR software company. Today, Rippling is valued at $16.8 billion (May 2025), solidifying Conrad's success in the technology sector. He is now a recognized figure in the tech industry.

Personal Life

Parker Conrad married Alexandra Macrae in 2011. They live in San Francisco with their family, including two children.

Career Milestones

2006

Co-founded Wikinvest (later SigFig)

Co-founded a financial technology company and served as co-CEO.

2012

Co-founded Zenefits

Co-founded and served as CEO of a cloud-based HR platform, which achieved a valuation of $4.5 billion.

2016

Co-founded Rippling

Founded an HR software company, now valued at $16.8 billion (May 2025)

Controversies & Challenges

2016

Zenefits Scandal and Resignation

Resigned as CEO of Zenefits amid allegations of non-compliance with insurance regulations and the use of unlicensed brokers.