Jack Dorsey Net Worth, Wiki-How Did Jack Dorsey Build His Net Worth Up To $3.4 Billion?
Facts of Jack Dorsey Net Worth, Wiki-How Did Jack Dorsey Build His Net Worth Up To $3.4 Billion?
|Net worth||$3.4 billion|
|Date of Birth:||1976 November 19|
|Age:||42 years old|
|Birth Nation:||United States|
|Height:||5 Feet 11 Inch|
One of the most popular U.S entrepreneur, who is the co-founder and CEO of the world famous social media, Twitter as well as the CEO of the Square, a popular mobile payment gateway service provider, Jack Dorsey from his entrepreneurship has collected a total of $3.4 billion.
How Did Jack Dorsey Collect The Net Worth of $3.4 Billion? Let's Know About His Sources of Income And Net Worth
Jack Dorsey uses his three traits, simplicity, craftsmanship, and constraint to run his business. Dorsey with his wise chosen business ventures has proved his supremacy in entrepreneurship.
He is one of the wealthiest people on the planet now. As of January 31, 2018, he has a total net worth of 3.4 billion, but this is not the end. His net worth is sure to increase in the coming days which can be assumed from his gradual increase in net worth from $2.8 billion (October 2017) to 3.4 billion (January 31, 2018).
The tattooed entrepreneur, Jack since June 2015, has been working as the CEO of the Twitter. He previously worked on the same post when he co-founded the organization with Ev Williams, Biz Stone and Noah Glass in the year 2008. Jack from time to time buys the share of his own company Twitter, recently he bought Twitter’s share of worth $7 million when twitter market value decreased dramatically in the year 2017.
The talented entrepreneur, Jack is also the CEO of another well-known company, “Square”, which is now equally worth to his another company Twitter.
His earnings from these company are his other main source of income. It is estimated that his salary as CEO of the Twitter is more than $68,500. Similarly, his salary in Square is dropped to $2.7 from $6000.
He became the member of the board of director of “The Walt Disney Company” on December 24, 2013.
He is also the board member of the Berggruen Institute's Governance Center.
His salary from these companies also plays an important role to increase his total net worth.
He is an on-record donor to Democratic Party candidates.
In February 2017, Dorsey along with Omid Kordestan, Executive Chairman of Twitter, collected $530,000 for the American Civil Liberties Union (ACLU).
Jack Dorsey has a house with one of the most beautiful views in the world. The house is located on the beautiful seaside on the El Camino Del Mar in Seacliff area of San Francisco. The total area of the house is 3,734 square feet. The 2-bedroom house has 2 bathrooms. It has a delightful living room and a windowed office with a magnificent view. According to reports, Jack Dorsey purchased this luxurious house in 2012, for approximately $10 million.
Jack Dorsey owns a BMW. But he does not always travel in his own car. The billionaire likes to take things easy and often travels on buses and public transportation.
Jack Dorsey As An Angel Investor
Jack Dorsey has invested in a number of company startups. The name of companies he has invested are:
How Did Jack Dorsey Spend His Childhood? Also, Know About His Career
Everyone nowadays wants to know the full information regarding the peoples they are following. 5.11 feet standing young, handsome and talented entrepreneur, Dorsey has now become the source of inspiration to the young peoples now. So for those younger ones, here is the early life and career of Jack Dorsey.
Know about Jack Dorsey's Childhood Life
Jack Dorsey was born on the 19th of November, 1976 in St. Louis, Missouri. He is the son of Tim and Marcia (nee Smith), Dorsey. Tim Dorsey worked in a company making mass spectrometers while Marcia has been a housewife.
Jack Dorsey was raised in St. Louis and attended the Bishop DuBourg High School, a Catholic high school in his hometown. Later he went on to attend the Missouri University of Science and Technology before transferring to the New York University Tandon School of Engineering. He later dropped out of the university to pursue his career goals.
Here Comes The Information Regarding Jack Dorsey's Career
In 1990, at age 14 years Jack Dorsey developed several open source dispatch routing software some of which are still in use by various taxi companies. While attending the New York University’s Tandon School of Engineering, Jack came up with the idea for Twitter.
On the 21st of March, 2006, angel investors and founders Evan Williams, Stone and Noah Glass launched Twitter, after separating it from Obvious Corporation and appointed Jack Dorsey as the CEO. In October of 2008, Jack was removed from the position of CEO and went on to hold the position of Chairman of the Board.
In March of 2011, Jack was appointed as Executive Chairman of Twitter after recent reshuffling in the organization. In October of 2015, Jack was again appointed as the CEO of Twitter.
In May of 2010, Jack launched an innovative mobile payment gateway services, named "Square". This small square-shaped mobile-add on a device was aimed at allowing comparatively smaller merchants to accept payments from end-customers using their credit/debit cards while shopping.
This ideal invention allowed smaller businesses to facilitate credit card and debit card payments from customers by connecting the Square device to an Android-powered or iOS-based internet device (such as smartphones, tablets, etc). This acts as a virtual card-reader and the merchant can simply swipe the card in the given slot to make payment transactions into their merchant bank accounts.
This innovative new card payment system also allows merchants to send a free copy of the receipt to the end-user through an email or SMS.
In June of 2011, within a year, Square had grown from just 10 employees to over 100 employees the company went public in October of 2015 to a tremendous response from share investors all over the world. In December of 2013, Jack was also named as a member of the board of directors at The Walt Disney Company.
In the year 2012, he was awarded "Best Innovator of the Year" by the "Wall Street Journal"
Is Jack Dorsey Married Or Still A Bachelor Guy? Know About His Personal Life
41 years old, Jack Dorsey as of now is in a romantic relationship with Kate Greer, who holds a psychology degree, since June 2013.
However, previously he was linked with to Nicole Lapin, an American television news anchor, author and businesswoman and Lily Cole (2012-2013), an English model, actress, and entrepreneur.
He says that he wants a marriage and children, but will take things “one step at a time”. However, he also believes that Twitter and Square are his main relationships.
Let's See How Much Is Jack Dorsey Active On His Own Company's Account
Being the CEO of his company, Twitter, he has been using this social media site widely. Till the date he has tweeted for 23K times, this gives him a huge round of followers of about 4.1million.
He does not seem to be using any other social media sites as no verified accounts of him are yet known.
Jack DorseyU.S entrepreneurCEO of the SquareCEO of the TwitterCo-Founder of Twitter