He worked at a Barnes & Nobles before finding musical success.
He is credited with creating his band's name, based on the novel Ecstasy: Three Tales of Chemical Romance, by Irvine Welsh.
He has one brother, fellow musician Gerard Way. In 2007, he married Alicia Way. The couple separated in 2013. He then briefly dated model Sarah Cantergiani. In 2016, he married Kristin Colby. He and Kristin welcomed a daughter named Rowan in 2017.