33 Facts About Dan Price

Daniel Joseph Price was born on May 13,1984 and is an American entrepreneur, businessman, and media personality.

Dan Price is the co-founder and former chief executive officer of Gravity Payments, a credit card processing and financial services company, of which he is the sole shareholder and board member.

Dan Price has been active on social media, especially Twitter, where his posts have been widely shared.

Daniel Joseph Price was born on May 13,1984, in Lansing, Michigan.

Dan Price is the fourth of six children and was raised in an Evangelical Christian household.

Dan Price attended and graduated from Nampa Christian High, a private school.

Dan Price's father was working in the credit card industry at the time and Price began to assist him.

Dan Price then focused on launching a credit card processing business instead of pursuing music.

Dan Price moved to Seattle to attend Seattle Pacific University, a private Christian university.

On March 16,2015, Dan Price was served at his house with a lawsuit initiated by his brother Lucas.

The lawsuit alleged that Dan Price was overpaying himself and engaging in minority shareholder oppression.

Dan Price was accused of freezing Lucas out of major business decisions for their company in violation of their 2008 agreement to have two-person board meetings.

Dan Price said that employees contributed to buy a Tesla for Price as a show of gratitude, but two experienced employees in Gravity's marketing department later said that Price himself came up with the Tesla gift idea, and no Gravity employees saw a reduction in their wages to pay for Price's car.

Dan Price later admitted that some of the statements he made to the press about how he funded the wage raise at Gravity Payments were not true.

Dan Price told Inc in an interview for a November 2015 cover story that he sold all his stocks, emptied his retirement accounts, and mortgaged two properties he owned, obtaining $3 million, which he put into Gravity Payments.

Property records searches showed that Dan Price had not mortgaged his homes at that time, and he acknowledged this in a February 2016 court filing.

Dan Price later mortgaged one of his properties in March 2016.

Dan Price reported in March 2020 that the pay raise has worked well for his company in particular, but he hesitated to call it a full success because income inequality in the broader world has continued to grow.

Dan Price extended the same minimum wage to all employees of ChargeItPro, a company Gravity Payments acquired in 2019.

In 2015, Dan Price accepted a $500,000 book deal to be published via Viking Press.

Dan Price planned to write about the establishment of Gravity Payments and about socially conscious business.

Dan Price lost the book deal, and his representation by the talent agency WME, after a Bloomberg Businessweek article in December 2015 reported that his ex-wife had accused him of domestic violence.

Dan Price has made frequent use of social media to post liberal-leaning critiques about socioeconomic issues.

In July 2021, Dan Price posted on LinkedIn in favor of work from home, saying that introverts benefit from it, garnering nearly 28,000 reactions and more than 1,000 comments in response.

In 2010, Dan Price was honored as the National SBA Young Entrepreneur of the Year and was invited to the White House to meet President Barack Obama.

Dan Price won GeekWire's Young Entrepreneur of the Year award in 2013.

Dan Price was married to Kristie Colon from 2005 until their divorce in 2012.

Dan Price announced on May 28,2024, that he had returned to work at Gravity Payments in an advisory role.

In 2013, Dan Price entered an Irish pub in Seattle, sat at a table of people he did not know, and was asked to leave.

Dan Price's representatives notified the university that they considered Colon's remarks to be defamatory.

Dan Price denied her claims of abuse, said the events Colon described never happened, and said that his wife never filed a police report.

Dan Price's father denied Colon's accusations in an interview with the Idaho Statesman in December 2015.

The woman told police that Dan Price was driving while intoxicated.