Billionaire Profile
Parker Conrad
Global Rank
#1258

Image: Unsplash Contributor | Unsplash License | via Unsplash

Parker Conrad

CEO, Software
UNITED STATES
Real-Time Net Worth
$3.4B
Estimated based on Software stock value as of April 21, 2026
0% (24h)
Age
45
Source
Software
Industry
Technology
Citizenship
UNITED STATES

Biography

Parker Conrad (born 1980) is an American entrepreneur, best known as the CEO and co-founder of Rippling, a cloud-based human resources platform. He is also the co-founder of Zenefits and SigFig. Conrad's career has been marked by both significant successes and controversies, including his departure from Zenefits amid compliance issues. His entrepreneurial journey, starting with a focus on employee benefits and HR solutions, has led to the creation of companies valued in the billions. As of early 2025, Forbes estimated his net worth at $2 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Parker Conrad was born in 1980 in New York City. He attended The Collegiate School in New York City and later studied at Harvard University, where he served as managing editor of The Harvard Crimson. He graduated with a degree in Chemistry.

Career

Conrad began his career as a product manager at Amgen, a biotechnology firm. In 2007, he co-founded Wikinvest (later SigFig), a portfolio-management startup. He served as co-CEO before leaving the company in 2012. In the same year, Conrad founded Zenefits, an HR platform that experienced rapid growth, achieving a valuation of $4.5 billion by 2015. However, Zenefits faced scrutiny and compliance issues, which led to Conrad's resignation in February 2016. Following his departure, Conrad co-founded Rippling in April 2016.

Rippling

Rippling, a cloud-based human resources platform, was founded with Prasanna Sankar as CTO. The company has grown significantly, with an estimated valuation of $11.25 billion by private investors in May 2022.

Personal Life

Conrad married Alexandra MacRae in June 2011 and they live in San Francisco. He was diagnosed with and treated for testicular cancer at age 24.

Career Milestones

2007

Co-founded SigFig

Co-founded the portfolio-management startup, serving as co-CEO.

2012

Founded Zenefits

Founded the cloud-based HR platform that quickly became a tech darling.

2016

Founded Rippling

Co-founded Rippling, a cloud-based human resources platform.

Controversies & Challenges

2016

Zenefits Compliance Issues

Resigned as CEO of Zenefits amid compliance problems related to insurance sales.