Billionaire Profile
Parker Conrad
Global Rank
#1305

Image: Public domain | via Wikimedia Commons

Parker Conrad

CEO, Rippling
US
Real-Time Net Worth
$3.4B
As of December 2025
Age
45
Source
Software
Industry
technology
Citizenship
US

Biography

Parker Conrad is a prominent American entrepreneur in the technology industry, recognized for his role as the co-founder and CEO of Rippling, a leading cloud-based human resources platform. Born in 1980, Conrad's career includes founding three startups, with his work in Software fueling his estimated $3.4 billion net worth. He is known for his entrepreneurial spirit and resilience, having overcome significant challenges including a prior controversy at Zenefits. His contributions have made him a respected figure in the tech ecosystem.

Wealth Over Time

In-Depth Profile

Early Life

Parker Rouse Conrad was born in 1980 in New York City. His upbringing was marked by a supportive family; his mother founded an environmental nonprofit, and his father was a senior partner at a law firm. Conrad attended The Collegiate School in Manhattan and, during high school, conducted neurobiology research on sea snails, earning a $20,000 scholarship in the Westinghouse Talent Search. He later studied at Harvard University, graduating with a degree in Chemistry in 2003.

Rise to Success

Conrad's career began at Amgen, a biotechnology firm, after which he co-founded Wikinvest (later SigFig), a financial technology company. He co-founded Zenefits, a cloud-based HR platform, in 2012, which quickly became the fastest-growing startup in 2014, reaching a valuation of $4.5 billion. However, he was pressured to resign as CEO of Zenefits in 2016 due to compliance issues. In 2016, Conrad co-founded Rippling, an HR platform that has since grown to a valuation of $16.8 billion as of May 2025.

Key Business Strategies

Conrad is known for his focus on creating a “compound startup,” which involves launching multiple related products to address a wider range of customer needs. This approach is central to Rippling's strategy, differentiating it from competitors by offering a unified platform. His leadership style emphasizes hands-on involvement in product design, customer understanding, and a focus on long-term scalability.

Philanthropy

Details of Parker Conrad's specific philanthropic activities and exact amounts are not readily available from the search results.

Career Milestones

2007

Co-founded SigFig

Co-founded the financial technology company SigFig.

2012

Founded Zenefits

Founded Zenefits, an HR software platform.

2016

Co-founded Rippling

Co-founded Rippling, a cloud-based HR platform.

Business Philosophy & Leadership

Notable Quotes

""I don't think Silicon Valley has ever seen a comeback like this before.""

Controversies & Challenges

2016

Zenefits Controversy

Resigned as CEO of Zenefits amid regulatory compliance issues.