Jack Dorsey Wiki: Know the Earnings of Jack from Twitter

January 24, 2018Jack Dorsey Wiki: Know the Earnings of Jack from Twitter

Jack Patrick Dorsey or simply Jack Dorsey is an American internet entrepreneur and computer programmer who is famous for being the co-founder and CEO of Twitter. Also, he is the founder and CEO of a mobile payments company Square.

So, is Jack Dorsey is as rich as the founder of Facebook Mark Zuckerburg? How much does the CEO and co-founder of Twitter earn? Below, get to know everything about Jack Dorsey. Get to know everything about Jack Dorsey’s net worth, sources of income, and more about him right below:

How much is Jack Dorsey’s Net Worth?

There is no doubt that the co-founder and the CEO of Twitter Jack Dorsey’s net worth is high as hell. He moved to California where he started his company to dispatch taxis, couriers, and emergency services from the web.

Being inspired by the LiveJournal and AOL Instant Messenger, he came up with the idea for Web-based real-time status and short message communication services. We must say, Jack Dorsey has been active in the field for a long time and is now earning a huge amount of money.

As of October 2017, Jack Dorsey’s net worth was estimated to be around $2.8 billion. And in the recent data, as of January 29, 2018, Jack Dorsey’s net worth has taken a huge increment, and his net worth is estimated to be around $3.4 billion.

Through rough calculation, we can say that just in three months, Dorsey was able to earn around $0.6 billion. So, how is he able to make such a huge amount? Scroll down to know:

Jack Dorsey’s Sources of Income

For your information, Jack Dorsey co-founded the social media Twitter back in the year 2006 with his fellows Noah Glass, Ev Williams, and Biz Stone. He was the CEO of Twitter until 2008.

And for now, entrepreneur Jack Dorsey has been the CEO of Twitter since June 2015 which is actually his second job. In October 2016, Twitter laid off around 8% of staff to cut costs. And Dorsey promised the employees to give one-third of his shares over the time.

Additionally, Dorsey co-founded payments Company Square back in 2009 and also serves as the CEO of company Square. It went public in late 2015.

Being active in two of the most popular social media, there is no doubt Jack Dorsey’s net worth comes from his programming and entrepreneur career. Moreover, there is news that Dorsey is also a model which might be helping him to add an extra fortune to his net worth.

In April 2017, Dorsey has purchased an additional amount of $9.5 million in Twitter shares just after two days of his company Square reported better than expected earnings from the company’s first quarter.

 


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