Jack Dorsey Net Worth 2020
|Popular Name:||Jack Dorsey|
Jack Patrick Dorsey
|Birth Date:||November 19, 1976|
St. Louis, Missouri, United States
|Profession:||Programmer, Internet Entrpreneur|
|Net Worth:||$8 Billion|
Jack Dorsey is an American entrepreneur and co-founder of the popular online social networking service known as ‘Twitter’. He also founded ‘Square’, a mobile payment platform that markets software and hardware payments products. A computer programmer by profession, Jack became interested in dispatch routing as a teenager and loved computers from his early days. He spent time studying the IBM model of computers that were available at that time, and was fascinated with the model of coordinating fleets of vehicles such as taxicabs and emergency services, wanted to develop a live map of his city which would display the vehicles as they move, as small moving red dots.
At age 15, Jack had written a program for dispatching firefighting services and Taxis. He went on to enroll at the University of Science and Technology in Missouri before transferring to the New York University where he came up with an idea for Twitter. Before he could receive his degree, Jack Dorsey dropped out and pursued his passion. After teaming up with friends to launch Twitter in 2006, today, his platform is one of the most visited websites in the world. He has also benefited from his creation by turning out a very successful and wealthy man whose passion and brilliance paid off.
Jack Dorsey’s Early Life
Jack Dorsey was born in St. Louis, Missouri, United States on November 19, 1976. His parents are Tim Dorsey and Marcia Smith. Being an engineer of medical equipment, his father worked for a firm that developed mass spectrometers. Since the nature of the job his father did involved constant movement from one place to another, he had to move around with his family, and this got Jack passionate about maps.
He attended ‘Bishop du Bourg High School’ in Missouri where was known to be a quiet student who suffered from stuttering. Being determined to overcome his problem, he participated in several oratory contests and was finally able to speak properly without stuttering. He was very young when he started falling win love with computers as a member of his schools computer club. His fascination with maps turned into a hobby during his days as a teenager. At age 15, he created a program for the dispatching of taxicabs, ambulances, and delivery vans.
Jack completed his high school education and moved to attend Missouri University of Science and Technology before transferring to New York University. However, he abandoned his studies after realizing the idea of creating a platform where people could instantly share short messages, and set out to create something new by himself.
Jack Dorsey’s Career
Starting from his childhood days, Jack Dorsey was always passionate about tech. Today, he is co-creator and Chief Executive Officer of the popular and useful online social networking service known as ‘Twitter’. He is counted as one of the most famous and most influential businessmen in the world today. His platform, Twitter, is regarded by many as one of the best social media platforms in existence currently. After deciding to establish his platform, Jack Dorsey met with the Angel Investors, and Twitter was born in 2006.
Four years after the introduction of Twitter, Jack Dorsey created another platform, a payment gateway known as ‘Square’. This platform made it possible for marketers to easily receive payments.
Twitter is one of the biggest social media platforms in existence today. It serves more than 700 million users and continues to grow by the hour. It exists as an online community which has somehow managed to bridge the gap between regions, and connects people from near and far.
Awards & Achievement
Mr. Dorsey’s achievement is unique in the sense that his creations Twitter and Square are of numerous benefits to humanity. While Square enables people send and receive money to and fro different locations, Twitter helps to connect and draw people from all parts of the world closer. He started thinking about ways to change the world when he was a teenager, and today, it can be said that he has played his part and contributed to humanity. While there’s nothing on his award cabinet, it must be mentioned that this man’s biggest accomplishment in life is that he has helped the world with an easy alternative to interact with one another from different locations.
Jack Dorsey has dated several women, including Lily Cole and Kate Greer. The entrepreneur has said that he has no interests in marriage and children, but takes things slow using the concept of ‘one step at a time.’
Jack Dorsey Net Worth 2020
The foundation of Jack’s riches is his creations Twitter and Square. The young entrepreneur has been able to connect different countries using his social media platform. He has helped the digital economy using his payment gateway, and the world is grateful for his inventions and contributions to technology.
Jack Dorsey net worth is over $8 billion. His material comfort makes it possible for him to afford a fancy lifestyle of luxury. He lives in a house worth $10 million in San Francisco, and has acquired the house next door for a sum of $22 million.
A young, handsome and single man, the future certainly looks good for the wealthy Jack Dorsey.