This article will answer every question you have about Dan Price. Below are some of the frequently asked questions about him.
- What does Dan do for a living?
- Who are Dan’s parents and siblings?
- What are Dan’s interests and hobbies?
- Is Dan married or does he have a girlfriend/ boyfriend?
- Does Dan have any children?
- Where is Dan now?
- How tall is Dan?
- How much money does Dan earn?
- What is Dan’s net worth?
N/B: Please read the entire post to have all your questions answered.
Who is Dan Price?
Daniel Joseph Price abbreviated as Dan Price is an American eminent entrepreneur and social media personality. He is the co-founder and the former chief executive officer of credit card processing company Gravity Payments. As of November 2021, he is the sole shareholder and board member of the company.
In 2015, he gained popularity after he raised the minimum salary of employees of his own company to $70,000 and lowered his own wage to $70,000 from $1.1 million. He has been active on social media, especially on Twitter where his posts have been widely shared. Between 2013 and 2022, he has been accused of several physical and sexual assaults. In May 2022, after pleading not guilty to misdemeanor charges of assault and reckless driving, on August 17, 2022, he resigned as CEO of Gravity Payments.
How Old Is Dan Price?
He is 38 years old as of August 2022, having been born on May 13, 1984, in Lansing, Michigan, U.S. Dan shares his birthdate with celebrities such as; Debby Ryan, Robert Pattinson, Twaimz, Candice King, Hyper, and many more.
Dan Price Family
Who are Dan Price Parents?
He was born to Ron Price (Father) but information regarding her mother is not mentioned on the internet.
Does Dan Price have Siblings?
He has five siblings. One of his siblings’ names is Lucas Price.
Dan Price Education
He was homeschooled until the age of 12. But attended Seattle Pacific University.
Dan Price Marital Status
According to news on the internet, it shows that he is possibly single. However, he was previously married to Kristie Colon. They were married from 2005 until their divorce in 2012.
Dan Price Kids
He does not have any kids currently. In case there is new news regarding this matter, we will update it here as soon as possible.
Dan Price Career
At age 20, he started Gravity Payments along with his old brother Lukas in 2004, while a student at Seattle Pacific University. In 2010, he was honored as the Nationa; SBA Young Entrepreneur of the Year and was invited to the White House to meet President Barack Obama. In 2013, he won GeekWire’s Young Entrepreneur of the Year award. Whereas Entrepreneur magazine named him Entrepreneur of 2014. Dan told Gravity Payments staff on April 13, 2015, (with reporters from The New York Times and NBC News in attendance).
That he was raising his company’s minimum salary to $70,000 and reducing his own compensation from $1.1 million to $70,000. He then extended the same minimum wage in 2019 to all employees of ChargeltPro. A lawsuit was filed against Dan Price by his brother Lucas on April 24, 2015. The lawsuit claimed that Dan was overpaying himself and depriving shareholders of profits. In response, King County Superior Court Judge Theresa B. Doyle ruled in favor of Dan Price in July 2016 on all counts.
After the pay rise, Dan went on to become a celebrity thus making numerous television and magazine cover appearances, and reportedly earning at least $10,000 per public speaking appearance. Moreover, most Gravity employees contributed to buying Dan a Tesla car, his “dream car” as a show of gratitude. A November article of Upworthy began “Dan Price is the go-to example for business done right”. In an interview for a November 2015 cover story, he told Inc. that he sold all his stocks.
Thus emptying his retirement accounts and mortgaging two properties he owned obtaining $3 million which he put into Gravity Payments. Later in March 2016, he mortgaged one of his properties. Whereas in August 2016, he told the Today show that he only rents his home during the summer and that his decision was not made solely out of financial necessity. In April 2020, his first book, Worth It was self-published. On August 17, 2022, he resigned as Gravity Payments CEO telling his employees that he needs to step aside from his CEO role. In order to focus full time on fighting false accusations made against him. Tammi Kroll, Gravity Payments’ chief operating officer replaced him as CEO.
Dan Price Height and Measurements
Adding up to his well-built body is a height of 5ft 9inches (1.75m) and an approximate weight of 60kg (132lbs).
Dan Price Salary and Net Worth
The minimum annual salary of his company is reportedly $80,000 and has an estimated net worth of $12 million.