Jack Dorsey
Technology

Jack Dorsey Net Worth

Jack Dorsey, born on November 19, 1976 in St. Louis, United States, is the CEO and Cofounder of Square, Inc. and the CEO of Twitter, a popular social media firm. He has been CEO of Twitter since June 2015, and has cofounded both companies with Ev Williams, Biz Stone and Noah Glass. He has promised to give one third of his shares to employees over time, and Square went public in late 2015.
Jack Dorsey is a member of Technology

Age, Biography and Wiki

Who is it? CEO and Cofounder, Square, Inc.
Birth Day November 19, 1976
Birth Place St. Louis, United States
Age 47 YEARS OLD
Birth Sign Sagittarius
Residence San Francisco, California, U.S.
Alma mater University of Missouri–Rolla (transferred) New York University (dropped out)
Occupation CEO of Square, Inc. and Twitter,
Board member of Twitter Square, Inc.

💰 Net worth: $4.6 Billion (2024)

Jack Dorsey, best known as the CEO and Co-founder of Square, Inc., is estimated to have a net worth of $4.6 billion by the year 2024. As one of the most successful entrepreneurs in the United States, Dorsey has made significant contributions to the tech industry. With Square, a fintech company that provides innovative payment solutions, Dorsey has revolutionized the way small businesses handle transactions. His visionary leadership and expertise in the field have not only propelled Square to new heights but have also contributed to his immense wealth. With his continued success, Dorsey's net worth is set to soar in the coming years.

2012 $1.1 Billion
2013 $1.3 Billion
2014 $2.7 Billion
2015 $2.2 Billion
2016 $1 Billion
2017 $1.3 Billion
2018 $3.79 Billion

Biography/Timeline

2000

In Oakland in 2000, Dorsey started his company to dispatch couriers, taxis, and emergency services from the Web. His other projects and ideas at this time included networks of medical devices and a "frictionless Service market". In July 2000, building on dispatching and inspired in part by LiveJournal and by AOL Instant Messenger, he had the idea for a Web-based realtime status/short message communication Service.

2008

In 2008, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35. For 2012, The Wall Street Journal gave him the "Innovator of the Year Award" for Technology.

2012

At the 5th Annual Crunchies Awards in 2012, hosted by TechCrunch, Dorsey was named Founder of the Year.

2013

Dorsey was announced as a new member of the board of Directors of The Walt Disney Company on December 24, 2013. The press release referred to Dorsey as a "talented entrepreneur" and explained that his experience is aligned with the corporation's "strategic priorities." In January 2018, it was reported that Dorsey would not seek re-election at Disney's March annual meeting, due to increased difficulty at avoiding conflicts of interest.

2015

Dorsey, along with co-founder Jim McKelvey, developed a small Business platform to accept debit and credit card payments on a mobile device called Square, released in May 2010. The small, square-shaped device attaches to iPhone, iPad, iPod Touch, or Android devices via the headphone jack, and as a mini card reader allows a person to swipe their card, choose an amount to transfer to the recipient and then sign their name for confirmation. Square is also a system for sending paperless receipts via text message or email, and is available as a free app for iOS and Android OS. The company grew from 10 employees in December 2009 to over a hundred employees by June 2011. Square's office is located on Market Street in San Francisco. In September 2012, Business Insider magazine valued Square Inc. at US$3.2 billion. Dorsey is CEO of Square, Inc. On October 14, 2015, Square filed for an IPO to be listed on the New York Stock Exchange. As of that date, Dorsey owned 24.4% of the company.

2016

Dorsey was ranked by Fox Business as the #4 Worst CEO of 2016.

2017

In 2017, 24/7 Wall St. listed Dorsey among the 2017 Worst CEOs in America.

2018

In March 2018, Jack Dorsey announced that an improved version of the verification system is coming to Twitter. The purpose of redesigning verification is to let people verify more facts about themselves, emphasizing proof of identity. The overhaul may be in place before the U.S midterm election of 2018 and help in verifying the identities of the candidates.

Some Jack Dorsey images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.