Jared Isaacman

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Jared Isaacman
Jared Isaacman - Inspiration4 (cropped).jpg
Born (1983-02-11) February 11, 1983 (age 38)[1]
NationalityAmerican
OccupationCEO, Shift4 Payments
Spouse(s)Monica Isaacman[2]
Children2
Space career
Commercial Astronaut
Time in space
2d 23h 3m
MissionsInspiration4
Mission insignia
Inspiration4 Launch (210915-X-YM354-1013).jpg

Jared Isaacman (born (1983-02-11)February 11, 1983) is an American billionaire[3] businessman, pilot and commercial astronaut. He is the founder of Draken International, a private air force provider and Shift4 Payments, a payment processor.[4] As of September 2021, his estimated net worth was US$2.4 billion.[3]

Isaacman was commander of the SpaceX flight Inspiration4, launched from Kennedy Space Center, Florida on September 15, 2021 and returned to Earth, from orbiting 585 kilometers above the earth; he commanded a splashdown return, off the Florida coast, in the Atlantic Ocean on September 18, 2021 at 7:06 pm (EST). The mission was part of a fundraiser for St. Jude Children's Research Hospital, to which Isaacman pledged to donate $100 million.[5]

Early life

Jared Isaacman was born on February 11, 1983 to Douglas and Sandra Marie Isaacman. He is Jewish.[6][7] While living in Westfield, New Jersey, Jared attended Wilson Elementary School in Westfield, New Jersey. Around 1993, the Isaacman family moved from Westfield to the Liberty Corner section of Bernards Township. Jared attended William Annin Middle School (6–8th grade) from ages 11 to 13, where he met his future wife Monica Chacana.

As a ninth grader and a freshman at Ridge High School in Bernards Township, New Jersey, Isaacman discovered that he and his best friend, Brendan Lauber, had a knack for fixing computers and started a computer repair business in his parents' basement called Deco Systems. He also worked at CompUSA in nearby Somerville, NJ. [8] He had begun working, doing computer technical service and repair, when he was 14.[9] Two years later, that work resulted in an offer of a full-time job from one of his clients, and he chose to drop out of high school to take the job, obtaining a GED along the way.[4]

Business career

In 1999, Isaacman founded a retail payment processing company named United Bank Card, which was later renamed Harbortouch, a point-of-sale payment company based in Pennsylvania. He was the founding CEO, and retained that role in 2015 with the company having "been profitable for over a decade [while processing] US$11 billion a year from 60,000 merchants, generating US$300 million in revenues."[9] By 2020, the company had been renamed Shift4 Payments, Isaacman remained CEO, and the company was processing US$200 billion in payments annually.[4]

In 2012, he co-founded Draken International, a Florida-based company that trains pilots for the United States Armed Forces. The company operates one of the world's largest fleets of privately owned fighter jets.[9][10]

Personal life

In 2004, Isaacman began taking flying lessons. In 2009, he set a world record for circumnavigating the globe.[9][11] He received a bachelor's degree in professional aeronautics from Embry-Riddle Aeronautical University in 2011. He is flight qualified in multiple military jet aircraft.[4] In his 20s, he flew in many airshows, but by his 30s, he had stopped flying as such.[10]

He is married and has two daughters.[12] Isaacman has been a resident of Washington Township, Warren County, New Jersey.[13]

Personal endeavors

Air show pilot

While in his 20s, Isaacman performed in airshows with the Black Diamond Jet Team.[10][14]

World record flight

In 2008, he tried to set the world record for circumnavigating the globe in a light jet, falling just short, by traveling around the world in 83 hours, just beyond the existing record of 82 hours. The record attempt was a fundraising event for Make-A-Wish.[13]

In April 2009, he set a world record for circumnavigating the globe in a light jet, making the flight in 61:51:15, about 20 hours faster than the previous record of 82 hours. The world record attempt was made as a fundraising event for Make-A-Wish Foundation of New Jersey.[9][11] He flew a Cessna Citation CJ2 with two other crew members, skipping stops in India and Japan, where he encountered hours-long ground delays in his previous attempt in 2008.[13]

Spaceflight

In February 2021, Isaacman announced that he would serve as commander of Inspiration4, the first private human spaceflight where none of the people aboard are from a government agency.[15] The mission, operated by SpaceX, on board an autonomous Crew Dragon spacecraft launched by a Falcon 9 launch vehicle.[15][16] Inspiration4 launched September 15, 2021.

Isaacman received the call sign "Rook" during flight training.[17] He is featured on the cover of a Time magazine double issue with the rest of the crew of Inspiration4 in August 2021.[18] Inspiration4 launched on September 15, 2021, achieved orbit and splashed down 3 days later.

During the Inspiration4 mission, Isaacman made history by making the first-known sports bet from space, placing two bets on NFL football with the BetMGM Sportsbook, while over Las Vegas.[19]

References

  1. ^ Jared Isaacman bjtonline.com
  2. ^ "Allentown to orbit: Billionaire buys SpaceX flight, and there is a way to join him". 2 February 2021.
  3. ^ a b "Forbes profile: Jared Isaacman". Forbes. Archived from the original on 2 February 2021. Retrieved 21 September 2021.
  4. ^ a b c d Tognini, Giacomo (2020-10-07). "Meet The New Billionaire Who Dropped Out of High School and Flies Fighter Jets for Fun". Forbes. Retrieved 2021-02-01.
  5. ^ Sheetz, Michael (2021-09-15). "SpaceX is set to launch four nonprofessional astronauts to orbit: Here's what you should know". CNBC. Retrieved 2021-09-17.
  6. ^ Business, Jackie Wattles, CNN. "How to practice religion could be a big question for some space tourists". CNN. Retrieved 2021-09-21.
  7. ^ AFP, Patrick T. Fallon /. "Rocket man: Jared Isaacman is leading the first trip to space without astronauts". The Forward. Retrieved 2021-09-21.
  8. ^ "Billionaire journeys from Ridge High School to space", Bernardsville News, February 10, 2021. Accessed February 23, 2021. "When Jared Isaacman dropped out of Ridge High School more than 20 years ago to pursue a successful career in business, it seemed like the sky was the limit."
  9. ^ a b c d e Segran, Elizabeth (2015-04-13). "Meet The Fighter-Jet-Flying 32-Year-Old On Top Of The Payments Industry". Fast Company. Retrieved 2020-08-23.
  10. ^ a b c Whitford, David (25 October 2017). "This Founder Owns the World's Largest Private Fleet of Fighter Jets – and That's Just One of His Companies". Inc.com. Retrieved 23 August 2020.
  11. ^ a b "Warren County pilot back at Morristown Airport after breaking world flight record". New Jersey Local News. 15 April 2009. Retrieved 2020-08-23.
  12. ^ Rabie, Passant (5 February 2021). "Who is Jared Issacman? 29 facts about the billionaire going to orbit with SpaceX". Inverse. Bustle Digital Group. Retrieved 23 March 2021.
  13. ^ a b c Sarah Schillaci (10 April 2009). "Warren County man attempts flight around globe in record time". New Jersey Local News. Star Ledger.
  14. ^ Thomas Burghardt (1 February 2021). "SpaceX announces Inspiration4, all-civilian space mission in support of St Jude's Hospital". NasaSpaceFlight.com.
  15. ^ a b Chang, Kenneth (1 February 2021). "To Get on This SpaceX Flight, You Don't Have to Be Rich, Just Lucky". New York Times. Archived from the original on 1 February 2021. Retrieved 2 February 2021.
  16. ^ Berger, Eric (1 February 2021). "SpaceX announces first "free flyer" human spaceflight". Ars Technica. Retrieved 2 February 2021.
  17. ^ Thompson, Amy (15 September 2021). "Inspiration4's call signs: The crew of SpaceX's all-civilian mission have special nicknames". Space.com. Retrieved 15 September 2021.
  18. ^ Kluger, Jeffrey (2021-08-23). "Inside Inspiration 4". Time. Retrieved 2021-09-15.
  19. ^ "Inspiration4 leader places first-ever sports bet from space". Fox Business. 17 September 2021. Retrieved 17 September 2021.

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