41-year-old who just completed the first civilian spacewalk dropped out of high school to start his $7 billion business

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Jared Isaacman just made history by completing the first-ever civilian spacewalk. Here’s how he went from teenage entrepreneur to billionaire civilian…

, Isaacman spent 10 minutes floating in the vacuum of space outside of a SpaceX capsule. Isaacman, the billionaire CEO and founder of payment processing company Shift4 Payments, is part of the first-ever all-civilian spacewalk — three years after he led a 2021 SpaceX mission as commander of the world's first all-civilian mission to reach orbit.

Both private space missions were funded for undisclosed sums by Isaacman, who boasts an estimated net worth of $1.9 billion, according to"I decided I was going to go to space when I was 5 . I was pretty calculated about it at that point, it just took me a little while to get it into motion," Isaacman told CNBC Make It inin 2009 for the fastest around-the-world flight in a light jet.

Here's how he went from teenage entrepreneur, running a business he founded in his parents' New Jersey basement, to a billionaire floating in space.As a teenager, Isaacman's computer skills helped him land an IT consulting job at a payment processing firm, causing him to drop out of high school. Within months, the 16-year-old decided to create a rival company, simplifying his clients' experience by having business owners fill out their applications online.

He used a $10,000 check from his grandfather as seed money and set up shop in his childhood home's basement."$10,000, you know, you needed to build a couple of computers," Isaacman said."That wasn't expensive. And, you needed some phones, and that was enough to get you going."Shift4 went public in June 2020, and has a market value of $7.4 billion, as of Friday afternoon.

The chance came in 2021, when he spent three days in orbit commanding a four-person crew. During his five-day trip this week, he got to don a spacesuit and leave the capsule., ahead of the spacewalk."You know — teenage basement startup, just trying to buy pizza on the weekend, and it's turned into quite the empire.". We'll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful.

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