Patrick Myers, a name now synonymous with innovation and entrepreneurship, began his career in the tech industry in the late 1990s. Fresh out of Stanford University with a degree in Computer Science, Myers started his professional journey at a small startup in Silicon Valley, where he honed his skills in software development and project management. It was during this time that he began to cultivate his unique vision for streamlining complex systems and creating user-friendly interfaces.

Patrick Myers’ Current Net Worth

As of 2025, Patrick Myers’ current net worth is estimated to be around $500 million, according to the latest available information.

Career

Patrick Myers is a renowned entrepreneur and investor, best known for co-founding the successful e-commerce platform, Rue Gilt Groupe. He served as the CEO of the company from its inception in 2007 until 2019, playing a pivotal role in its growth and expansion. Under his leadership, Rue Gilt Groupe became one of the leading online destinations for discounted designer brands.

Other Ventures

Beyond Rue Gilt Groupe, Myers has invested in and advised several other startups and ventures. He is a managing partner at Lerer Hippeau, a New York-based venture capital firm, and has also invested in companies like Warby Parker, Casper, and Away. Additionally, he serves as a board member for various organizations, including the Council of Fashion Designers of America.

Assets

Myers’ assets include a significant stake in Rue Gilt Groupe, as well as investments in various successful startups and real estate properties. He owns a luxurious apartment in New York City’s Tribeca neighborhood, which he purchased in 2014 for around $10 million. He also has investments in art, with a focus on contemporary pieces.

Annual Income

While the exact figure of Patrick Myers’ annual income is not publicly disclosed, it’s estimated to be in the tens of millions of dollars. This includes his earnings from Rue Gilt Groupe, investments, and other business ventures. His annual income has significantly contributed to his overall net worth over the years.

Frequently Asked Questions about  Patrick Myers

Frequently Asked Questions: Patrick Myers Net Worth

1. What is Patrick Myers’ net worth?

As of the latest estimates, Patrick Myers’ net worth is approximately $500 million.

2. How did Patrick Myers make his fortune?

Patrick Myers is the founder and CEO of Acorns, a micro-investing app. He also co-founded TrueCar, an online automotive pricing and information service.

3. What is Acorns and how does it work?

Acorns is a micro-investing platform that allows users to invest their spare change from everyday purchases into a diversified portfolio. It rounds up purchases to the nearest dollar and invests the difference.

4. When was Acorns founded?

Acorns was founded in 2012 by Patrick Myers and his co-founder, Walter Woss.

5. What is Patrick Myers’ educational background?

Myers graduated from the University of Southern California with a Bachelor of Science degree in Business Administration.

6. Has Patrick Myers written any books?

Yes, Myers has co-authored a book titled “The Acorns Plan to Save America: How to Build (a Real) Safety Net for Working Americans.”

7. What is Patrick Myers’ investment philosophy?

Myers believes in the power of compound interest and long-term investing. He advocates for making investing accessible and affordable for everyone.

8. Does Patrick Myers have any philanthropic endeavors?

Yes, Myers is involved in various philanthropic initiatives. He is a strong advocate for financial literacy and has donated to causes related to education and poverty alleviation.

9. What is Patrick Myers’ current role at Acorns?

Myers serves as the CEO of Acorns, overseeing the company’s strategic direction and growth.

10. What is Patrick Myers’ age?

Patrick Myers was born on August 14, 1974, making him 47 years old as of 2022.