Dan Price (born May 13, 1984) is an Internet entrepreneur from the United States. Gravity Payments, an online credit card processing provider, is his company. In 2015, he garnered notoriety by raising the minimum wage for his company’s employees to $70,000 and lowering his personal income to $70,000 from $1.1 million.
Biography of Dan Price
On May 13, 1984, Price was born. He was homeschooled till the age of 12 in a strict Christian family in rural southwest Idaho. Lucas, Alex, and Jessie are his three brothers. He then grew less religiously rigorous and, on social media, is an outspoken progressive. Gravity Payments, an online credit card processing provider, is his company.
Career of Dan Price
Price founded Gravity Payments when he was 20 years old and a student at Seattle Pacific University in 2004. He extended the same minimum wage to all employees of ChargeItPro, a company Gravity Payments bought in 2019.
In 2015, Price signed a $500,000 book deal with Viking Press to be published. The book will contain a first-hand narrative of the founding of Gravity Payments, as well as a discussion of socially conscious business.
Price claimed in March 2020 that the wage hike had worked well for his company in particular, but he hesitated to declare it a complete success because global income disparity has continued to rise.
Net worth
His estimated net worth is around $800k to $1 Million USD. Gravity Payments, an online credit card processing provider, is his company.
Relationship status and personal life
Price lives in Seattle, Washington’s Magnolia area. From 2005 until their divorce in 2012, he was married to Kristie Colón.
Controversy
Dan Price’s brother Lucas filed a lawsuit against him on April 24, 2015. According to the lawsuit, Price was compensating himself and denying Lucas the benefits that he was entitled to as a minority shareholder. Price stated that several of his claims about Gravity Payments since the minimum wage was raised were false. Judge Theresa B. Doyle of King County Superior Court decided in favor of Dan Price on all counts in July 2016.
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Price’s ex-wife, Kristie Colón, delivered a TEDx talk at the University of Kentucky on October 28, 2015, in which she discussed her experience with domestic abuse without mentioning Price. [9] Price rejected the allegations of abuse, claiming that the events stated never occurred and that no police report was ever filed. [17] [12] The University of Kentucky has altered its intention to release Colón’s talk recording. [12] In January 2016, Colón wrote a blog post defending her claims against Price.
Quick facts about Dan Price
Dan Price is an Internet entrepreneur from the United States.
His estimated net worth is around $800k to $1 Million USD.
He is 37 years old and was born on May 13, 1984.
From 2005 until their divorce in 2012, he was married to Kristie Colón. Currently, he is single.
According to his date of birth, he is Taurus.
| Real name | Dan Price |
| Profession | Entrepreneur |
| Age | 37 years old |
| Date of birth | May 13, 1984 |
| Net worth | $800k to $1 Million |
| Zodiac sign | Taurus |
| Marital status | Divorced |
| Nationality | American |
| Famous for | Owns Gravity Payments |
| Height | 5 feet 9 inches tall |