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Conrad
Parker Conrad
Rank #1253
UNITED STATESTechnologySoftware

Parker Conrad

Net Worth
$3.4B
0% (24h)
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.

How to read Parker Conrad's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Parker Conrad, we anchor the narrative to Software and Software, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $3.4B alongside global rank #1253, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

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 Timeline

2016

Founded Rippling

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

2012

Founded Zenefits

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

2007

Co-founded SigFig

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

Key Business Ventures & Holdings

CompanyStakeValue
Rippling20.00%$3.36M

Net Worth History

In-Depth Analysis

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.

Data Sources & Methodology

Figures for Parker Conrad are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.