Who is Jack Dorsey and what is his net worth 2018? Jack Dorsey is an internet entrepreneur who is best known as the co-founder of Twitter. He is also a computer programmer and serves as the CEO of Twitter. Dorsey is also the CEO of the mobile payments company ‘Square’. He created Twitter in 2006 along with Evan Williams, Biz Stone, and Noah Glass. Till 2016, the company has over 316 million users worldwide. He is the member of the Governance Center of Berggruen Institute. In December 2013, he became a member of the board of directors of Walt Disney Company. He has been included in several other projects.
Jack Dorsey was born on November 19, 1976, in St. Louis, Missouri. He was born to parents Tim Dorsey and Marcia Dorsey. His mother was a homemaker and his father worked in a mass spectrometer development company. He attended the Bishop DuBourg High School. He was interested in dispatch routing at the age of fourteen. Dorsey went to Missouri University of Science and Technology and later went to New York University but dropped without completing his graduation.
While still in NYU, Dorsey came up with an idea to develop Twitter. He then moved to California and in 2000, in Oakland, he started a company which rendered taxis, emergency services, and dispatch couriers on the web. He went to Odeo to create instant messaging services. With Biz Stone, he decided to create a prototype of Twitter. The idea attracted Evan Williams with the duo.
Jack Dorsey is still not married and he considers his business as his children. It was reported that he was seen with British actress Lily Cole. It was also being reported that he was dating Kate Greer. Jack Dorsey is a connoisseur and high-end denim pants. He is an enthusiast of teas. As a child, he had speed impediment.
Jack Dorsey was the CEO of Obvious Corporation, which was founded by Noah Glass, Stone, and Williams and was the spun of Twitter. Originally, Twitter was not meant to create revenue. He soon lost his position over other pursuits. In October 2008, he became the chairman of the board of Twitter. In 2011, he became the executive chairman and in 2015, he was the CEO of Twitter.
He was briefly suspended from Twitter in November 2016. Twitter has 1.6 billion searches per day and has more than 3,800 employees as of 2016. In May 2010, he became the co-founder of Square, Inc. along with Jim McKelvey. It was a service for receiving payments on a mobile device. It is headquartered in Market Street in San Francisco. In March 2013, he was interviewed by Lara Logan in ’60 Minutes’ on CBS.
In 2011, he was appointed as the judge in NYC BigApps competition by Michael Bloomberg, the mayor of New York City. In December 2013, he became the member of the board of directors of The Walt Disney Company. He is the member of the Governance Center of Berggruen Institute, which is a non-partisan think tank developing the idea into social institutes and shape politically.
In 2012, Jack Dorsey was given the “Innovator of the Year Award” by The Wall Street Journal for technology. He was named as one of the top 35 innovators in the world under the age of 35 by MIT Technology Review (TR 35) in 2008.
Jack Dorsey Net Worth
Jack Dorsey found immense success by being the co-founder of Twitter. It was officially launched in July 2006. In doing so, he has gone on to accumulate good fortune for himself. Jack Dorsey’s net worth is an estimated $2.2 billion.
This fortune comes for being the CEO of Twitter which is one of the largest social media platforms in the world. Part of his wealth also comes from being the co-founder of Square, Inc. he is also holding several important posts and is the member of various other companies. He was also the judge of a competition organised by Michael Bloomberg.
Taxi dispatching software was the first creation of Jack Dorsey and he found it at the age of 15. He has had an off/on a relationship with Twitter.