John Collison just became the world's youngest self-made billionaire

Move over, Evan Spiegel, there's a new youngest self-made billionaire in town.

Born in Limerick, Ireland, John Collison has accomplished one of the most prestigious achievements in the entrepreneur world. The 26-year-old and his brother, Patrick Collison, are the founders of an online payments processing company called Stripe. The duo built the company from the ground up in 2010, and it is currently valued at 1.75 billion -- with investors ranging from Elon Musk to Peter Thiel.

Due to the company's success, John earned the titled of the world's youngest self-made billionaire in 2016. John and his brother also made Forbes's billionaires list, each with an estimated net worth of $1.1 billion.

RELATED: Take a look at the world's richest women:

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10 richest women in the world of 2017
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10 richest women in the world of 2017

1. Liliane Bettencourt

Net worth: $39.3B

Origin of wealth: L'Oreal

Via Forbes

2. Alice Walton

Net worth: $34.3B

Origin of wealth: Wal-Mart

Via Forbes

3. Jacqueline Mars

Net worth: $27.2B

Origin of wealth: Candy

Via Forbes

4. Maria Franca Fissolo

Net worth: $25.3B

Origin of wealth: Nutella, chocolates

Via Forbes

5. Susanne Klatten

Net worth: $20.5B

Origin of wealth: BMW, pharmaceuticals

Via Forbes

6. Laurene Powell Jobs

Net worth: $20.2B

Origin of wealth: Apple, Disney

Via Forbes

7. Gina Rinehart

Net worth: $14.5B

Origin of wealth: Mining

Via Forbes

8. Abigail Johnson

Net worth: $14.4B

Origin of wealth: Money management

Via Forbes

9. Iris Fontbona

Net worth: $13.1B

Origin of wealth: Mining

Via Forbes

10. Charlene de Carvalho-Heineken

Net worth: $12.7B

Origin of wealth: Heineken

Via Forbes

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