Who Is Max Levchin?

Maksymilian Rafailovych “Max” Levchin is a businessman and software engineer of Ukrainian descent. Levchin’s story is one of the most interesting within the PayPal Mafia as he would be the co-founder of Confinity, which would later merge with X of Elon Musk to form PayPal. He would later found Affirm, of which he’s the CEO.

Read Next: PayPal Mafia

Education and early career

Levchin earned his bachelor’s degree in computer science in 1997 from the University of Illinois at Urbana-Champaign.

His entrepreneurial flair was already evident, starting four companies whilst at university that focused on selling ads to marketing networks and newspapers.

Three of these endeavors failed, but the fourth was successful and was later sold to an online ad cooperative called LinkExchange.

Stanford University

After the sale of his company, Levchin together with friend and fellow PayPal co-founder Luke Nosek moved to California in 1998.

Levchin had no permanent accommodation when he arrived, and would often sneak into lectures at Stanford to take advantage of the university’s air conditioning.

Nosek later recommended that Levchin attend a lecture cum seminar run by a young entrepreneur known as Peter Thiel.

Enamored with his message, Levchin started a conversation with Thiel after the seminar was over and the two decided to start a company together.


At first, the company the pair founded was encrypted digital wallet provider Fieldlink. But they soon narrowed their focus to digital money transfers, with the product we now know as PayPal becoming a viral hit. Fieldlink became Confinity, which then merged with Elon Musk’s to become officially known as PayPal.

Levchin became CTO and was primarily tasked with ensuring the transfer service was safe and free from fraud. In the process, he developed one of the first commercial applications of CAPTCHA.

Read Also: PayPal Mafia

Read Next: Bill Gates Companies, Jeff Bezos Companies, Elon Musk Companies.

Related Personal Wealth Case Studies

Peter Thiel

Peter Thiel is a billionaire venture capitalist, entrepreneur, and political activist. Born in 1967 in Frankfurt am Main, West Germany, Thiel is best known as the first outside investor in Facebook and the co-founder of PayPal.

Warren Buffet

Warren Buffett is an American investor, business tycoon, and philanthropist. Known as the “Oracle of Omaha”, Buffett is best known for his strict adherence to value investing and frugality despite his immense wealth. He is among the wealthiest people in the world. Most of his wealth is tied up in Berkshire-Hathaway and its 65 subsidiaries.

Jeff Bezos

Jeff Bezos was best known for founding eCommerce giant Amazon in 1994. However, the entrepreneur owns companies in several industries, including health care, retail, robotics, real estate, and media. Many of these companies have been acquired by Amazon over the years, but some have been the result of direct investment from Bezos himself (through his investment arm is called Bezos Expeditions).

Elon Musk

Elon Musk is one of the richest people in the world, with his main ownership in Tesla, making him worth more than a hundred billion dollars. The companies founded by Elon Musk range from electric vehicles and renewable energies, with Tesla, rockets, with SpaceX, infrastructure with The Boring Company, and neurotechnology with Neuralink.

Bill Gates

Bill Gates is an American business tycoon, software developer, investor, and more recently, philanthropist. After dropping out of Harvard University and founding Microsoft in 1975, Gates has at times been the richest man in the world with an estimated net worth of $129 billion. He founded Cascade Investment in 1995 to manage his investments outside of Microsoft. The firm employs over 100 people and has significant stakes in hotel, rail transport, beverage, and waste management companies. To further his philanthropic causes, he founded the Bill and Melinda Gates Foundation in 2000. The foundation holds almost $47 billion in assets and tackles entrenched global issues around poverty, healthcare, and climate change. The foundation also has several trust investments in companies such as Berkshire Hathaway, Caterpillar, FedEx, Walmart, and UPS.

Mark Zuckerberg

Mark Zuckerberg is the largest shareholder of the company. Zuckerberg retains ownership and control of the company. Like Google, Facebook has issued two common stocks, Class A and Class B. The holders of Class B common stocks are entitled to ten votes per share, and holders of our Class A common stocks are entitled to one vote per share. Mark Zuckerberg has a voting power of 56.9%; he’s the main decision-maker.

Who Is Tim Cook?

Timothy Donald Cook is the current CEO of Apple, a position he has held since 2011. Cook, who was born on November 1, 1960, is an American business executive who is also on the board of Nike and the National Football Foundation.

Who Is Susan Wojcicki?

Susan Wojcicki is a Polish-American businesswoman who currently serves as the CEO of YouTube. Wojcicki, an early Google employee, was also the company’s first marketing manager before later leading its advertising business.

Who is Martin Lorentzon?


Main Free Guides:

About The Author

Scroll to Top