Jack Patrick Dorsey was born on November 19, 1976. An American billionaire technology entrepreneur and philanthropist, Dorsey is the co-founder and CEO of Twitter. He is also the founder and CEO of Square, a financial payments company.
According to various media reports, Dorsey is expected to step down from the post of CEO of Twitter after getting entangled in a string of controversies. Even though he is widely known as the co-founder and co-creator of Twitter, Dorsey’s majority of net worth actually comes from his stake in the mobile payments company Square.
So how much is Jack Dorsey worth?
According to Forbes, at the time of the writing this article and as of November 29, 2021, Dorsey’s net worth stands at $12.1B.
In April, Dorsey promised to give away $1 billion – then 28% of his net worth – to COVID-19 relief and other causes. That would be done via gifts of his Square stock.
In 2016, Dorsey also gave nearly one-third of his Twitter shares to employees.
===Here is how his net worth increased over the years===
March 2017: $1.3 billion
October 2017: $2.2 billion
March 2018: $3.1 billion
October 2018: $6.3 billion
March 2019: $5.1 billion
October 2019: $4.2 billion
April 2020: $2.6 billion
September 2020: $6.8 billion
April 2021: $12.5 billion
October 2021: $14.9 billion
====On Forbes lists, here’s how Dorsey has performed====
In Forbes 400, 2021, he was placed 53.
In Billionaires 2021, he was ranked 173.
In America’s Richest Entrepreneurs Under 40, 2015, he was placed 11.
In Richest in Tech, 2015, he was placed 92.
At the age of 17, Dorsey hacked the website of New York City‘s largest taxi dispatch company. A brilliant hacker, he emailed the dispatch company’s CEO and offered to help fix the vulnerability. Subsequently, he moved to NYC and enrolled at NYU.
Jack Dorsey and Square, Inc.
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. It was released in May 2010. Square is a system for sending paperless receipts via text message or email. It is available as a free app for iOS and Android OS.
