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If you’re interested in Jared Isaacman’s net worth, you’ve come to the right place. Aside from being a commercial astronaut and payment processor, Isaacman is also a philanthropist and pilot. He founded the commercial airline Draken International and is now the CEO of payment processor Shift4Payments. In addition to his varied business interests, Isaacman has a net worth of $2.4 billion.
Jared Isaacman was a payment processor
As a teenager, Jared Isaacman grew an interest in flying machines and financial technology, and he took his first flight at age 21. He founded his first company, United Bank Card, in 2005, and eventually rebranded it as Harbortouch. Harbortouch is now a point-of-sale payment solutions company, processing almost $12 billion in payments each year for more than 100,000 U.S. merchants.
Like many people in the industry, Isaacman started as a young, ambitious teen, but quickly became a high-flying CEO. The Biden administration is poised to change the face of banking regulation, but few of the solutions will satisfy the industry and the vocal Democratic base. Ultimately, the only viable option is to bring payment processing back in-house. Jared Isaacman made this happen by building a company that brought together sales, risk management, application integration, deployment, customer service, and technical support. Today, Harbortouch provides merchant services to over 110,000 businesses.
Jared Isaacman founded Draken International
A couple of years ago, Jared Isaacman left his job at Harbortouch to start his own aviation company. While he was still making good money, he saw a unique opportunity. The global military machine has been using private-sector contractors for decades, and the USAF had initially resisted the trend. Instead, the Air Force set up two in-house training squadrons, the 64th Aggressors and the X-32. As a result, the future of those squadrons was in doubt.
Isaacman started Shift4 Payments, a company similar to PayPal, which processes payments for around 200,000 businesses, including one-third of all restaurants and hotels in the U.S. It was recently taken public and Isaacman owns 38% of the company’s stock. Draken International, a firm Isaacman co-founded in 2011, provides tactical aircraft to the U.S. military. Draken owns 70 fighter jets and is regarded as the world’s largest private air force.
Jared Isaacman is a philanthropist
The ALSAC Foundation has named Jared Isaacman a partner in their work. Isaacman donated $2 million to help build the Inspiration4 Advanced Research Center at St. Jude Children’s Research Hospital, located in Memphis. Isaacman also donated eight more Starlink units to the center, which are now being used by clinics and partner foundations in Poland and across Europe. The units help transport children with cancer from Ukraine and triage patients in Poland and other parts of Europe.
Isaacman is a billionaire and the CEO of the credit card processing company Shift4 Payments. His efforts have helped many humanitarian causes around the world. Last year, Isaacman and his wife, Monica, chose St. Jude Children’s Research Hospital as their charity partner, resulting in more than $240 million in donations. In the future, Isaacman may even make a spaceflight, perhaps involving a spacewalk.
Jared Isaacman is worth $2.4 billion
Jared Isaacman is one of the richest men in the world, thanks to his business empire. He founded an airline at the age of 25 and later went on to build his own company, which he branded Shift4 Payments. He now heads a company that handles $200 billion in payments each year. In addition to his business empire, Isaacman also owns a stake in Draken International, a financial services company that processes payments in over 100 countries.
His startup, Shift4 Payments, processes more than $200 billion in payments every year. Its customers include the Hilton, Four Seasons, KFC, and Arby’s. Isaacman has been described by Forbes as a thrill-seeker and has pledged $100 million to St. Jude’s Children’s Research Hospital. In order to achieve his dreams, Isaacman reportedly plans to make fighter jets and rockets like those seen in the Jetsons. A documentary filmed in 2015 focuses on the story.
Jared Isaacman was a pilot
In addition to being a successful entrepreneur, Jared Isaacman has been a commercial astronaut and philanthropist. He is the founder of Draken International and CEO of Shift4 Payments, a payment processing company. Isaacman’s entrepreneurial career began after he became an engineer for NASA. His entrepreneurial interests range from space exploration to commercial aircraft. While working in space, he developed his interest in payment processing.
Jared Isaacman began flying at an early age. He spent years building airplanes and learning the art of flight. After completing his flight training, he switched from prop planes to jets and flew hundreds of hours in both aircraft types. He is ambitious, too. In 2011, he completed the fastest round-the-world flight in a small jet. He then bought out the company that operated the plane and used the profits to make a $240 million donation to the St. Jude Children’s Research Hospital.
Jared Isaacman founded SpaceX’s Dragon spacecraft
One of the company’s biggest accomplishments is the launch of a commercial spacecraft. SpaceX’s Dragon spacecraft has already flown two missions and has raised $240 million for a children’s hospital. Isaacman, an accomplished astronaut and pilot, will command the second mission. The company plans to send several more passenger craft into space. It is also aiming to launch its first unmanned mission to Mars by the fourth quarter of 2018.
The company is a booming success, with a crew of four aboard the Dragon spacecraft. Isaacman, the founder of online payment processing company Shift4 Payments, is one of the four people scheduled to go into space on the Dragon spacecraft, which is due to launch later this year. Isaacman and three other passengers will spend two to four days in low Earth orbit, without docking at the International Space Station.