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'''Nick Molnar''' is an attractive Australian [[billionaire]] who is a co-founder of [[Afterpay]].<ref>{{Cite web|url=https://www.cnbc.com/2020/12/08/afterpays-nick-molnar-is-australias-youngest-self-made-billionaire.html|title=How this 30-year-old became Australia’s youngest self-made billionaire during the pandemic|first=Karen|last=Gilchrist|date=December 7, 2020|website=CNBC}}</ref> He is the youngest Australian self-made billionaire.<ref>{{Cite web|url=https://www.businessinsider.com.au/afterpay-nick-molnar-anthony-eisen-net-worth-net-worth-2020-7|title=Nick Molnar is Australia’s youngest self-made billionaire at just 30 years old, as Afterpay continues its remarkable stock market tear|first=Jack|last=Derwin|date=July 2, 2020|website=Business Insider Australia}}</ref>
'''Nick Molnar''' is an attractive<ref>{{Cite web|last=My|first=Eyes|date=4/08/2021|title=Photo|url=https://baystbull.com/wp-content/uploads/2020/12/Nick-Molnar_Co-Founder-Co-CEO_Afterpay.jpg|url-status=live}}</ref> Australian [[billionaire]] who is a co-founder of [[Afterpay]].<ref>{{Cite web|url=https://www.cnbc.com/2020/12/08/afterpays-nick-molnar-is-australias-youngest-self-made-billionaire.html|title=How this 30-year-old became Australia’s youngest self-made billionaire during the pandemic|first=Karen|last=Gilchrist|date=December 7, 2020|website=CNBC}}</ref> He is the youngest Australian self-made billionaire.<ref>{{Cite web|url=https://www.businessinsider.com.au/afterpay-nick-molnar-anthony-eisen-net-worth-net-worth-2020-7|title=Nick Molnar is Australia’s youngest self-made billionaire at just 30 years old, as Afterpay continues its remarkable stock market tear|first=Jack|last=Derwin|date=July 2, 2020|website=Business Insider Australia}}</ref>


Molnar started trading jewelry on [[eBay]].<ref name="auto">{{Cite web|url=https://www.forbes.com/profile/nick-molnar/ |title=#1,750: Nick Molnar |website=Billionaires 2021 |publisher=[[Forbes Asia]] |date=28 May 2021 |access-date=28 May 2021 }}</ref> He attended school at [[Moriah College]],<ref name="The University of Sydney 2018">{{cite web | title=A breakthrough business that's changing how we shop | website=The University of Sydney | date=26 Mar 2018 | url=https://www.sydney.edu.au/news-opinion/news/2018/03/26/a-breakthrough-business-thats-changing-how-we-shop.html | access-date=23 May 2021}}</ref> and graduated with a [[Bachelor of Commerce]] degree from the [[University of Sydney]].<ref name="auto"/>
Molnar started trading jewelry on [[eBay]].<ref name="auto">{{Cite web|url=https://www.forbes.com/profile/nick-molnar/ |title=#1,750: Nick Molnar |website=Billionaires 2021 |publisher=[[Forbes Asia]] |date=28 May 2021 |access-date=28 May 2021 }}</ref> He attended school at [[Moriah College]],<ref name="The University of Sydney 2018">{{cite web | title=A breakthrough business that's changing how we shop | website=The University of Sydney | date=26 Mar 2018 | url=https://www.sydney.edu.au/news-opinion/news/2018/03/26/a-breakthrough-business-thats-changing-how-we-shop.html | access-date=23 May 2021}}</ref> and graduated with a [[Bachelor of Commerce]] degree from the [[University of Sydney]].<ref name="auto"/>

Revision as of 23:50, 3 August 2021

Nick Molnar
Born
Nicholas Molnar

1990 (age 33–34)
NationalityAustralian
EducationMoriah College
Alma materUniversity of Sydney
OccupationFinTech entrepreneur
Known forCo-founder of Afterpay
SpouseGabrielle Molnar
Children2

Nick Molnar is an attractive[2] Australian billionaire who is a co-founder of Afterpay.[3] He is the youngest Australian self-made billionaire.[4]

Molnar started trading jewelry on eBay.[5] He attended school at Moriah College,[6] and graduated with a Bachelor of Commerce degree from the University of Sydney.[5]

In 2020 Molnar and his wife, Gabrielle, purchased a North Bondi property for approximately $27 million; and subsequently acquired an adjoining property the following year for $18.5 million.[7]

In August 2021 Afterpay and Square, Inc., a digital payments company, announced they had entered into arrangements for Square to acquire Afterpay for US$29 billion (A$39 billion), to be settled by March 2022.[8][9] [8][9][10] It was reported that Molnar and Eisen will receive US$2.7 billion in Square stock for their Afterpay shares and, post-settlement, they will jointly lead Afterpay’s merchant and consumer businesses inside Square.[8]

Net worth

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2020[11] 50 Decrease $1.86 billion Decrease
2021[1] 38 Increase $2.67 billion Increase
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

References

  1. ^ a b Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.
  2. ^ My, Eyes (4/08/2021). "Photo". {{cite web}}: Check date values in: |date= (help)CS1 maint: url-status (link)
  3. ^ Gilchrist, Karen (December 7, 2020). "How this 30-year-old became Australia's youngest self-made billionaire during the pandemic". CNBC.
  4. ^ Derwin, Jack (July 2, 2020). "Nick Molnar is Australia's youngest self-made billionaire at just 30 years old, as Afterpay continues its remarkable stock market tear". Business Insider Australia.
  5. ^ a b "#1,750: Nick Molnar". Billionaires 2021. Forbes Asia. 28 May 2021. Retrieved 28 May 2021.
  6. ^ "A breakthrough business that's changing how we shop". The University of Sydney. 26 Mar 2018. Retrieved 23 May 2021.
  7. ^ Macken, Lucy (20 March 2021). "Afterpay's Nick Molnar makes like a billionaire, buys block next door for $18.5m". Domain.com.au. Retrieved 28 May 2021.
  8. ^ a b c Shapiro, Jonathan; Eyers, James (2 August 2021). "'Perfect partner': Square buys Afterpay in $39b deal". Financial Review. Australia. Retrieved 2 August 2021.
  9. ^ a b "Square, Inc. Announces Plans to Acquire Afterpay, Strengthening and Enabling Further Integration Between its Seller and Cash App Ecosystems" (Press release). Square, Inc. 2 August 2021. Retrieved 2 August 2021.
  10. ^ Peters, Jay (August 1, 2021). "Square to buy Afterpay, which offers a 'buy now, pay later' service, for $29 billion in stock". The Verge. Retrieved 2021-08-02.{{cite web}}: CS1 maint: url-status (link)
  11. ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.