LeaderPortfolio
Dorsey
Jack Dorsey
Rank #653
UNITED STATESSocial MediaTwitter, Square

Jack Dorsey

Net Worth
$6.309B
+1.02% (24h)
Jack Dorsey is a prominent American businessman, entrepreneur, and philanthropist, best known as the co-founder of Twitter (now X) and the founder and chairman of Block, Inc. (formerly Square). Born in St. Louis, Missouri, on November 19, 1976, Dorsey's career has been marked by innovation in the tech industry. His source of wealth stems from his ventures in Twitter and Square, with a current estimated net worth of $5.7 billion. Dorsey is recognized for his leadership and contributions to the fields of social media and financial technology.

The Full Dossier

Early Life

Jack Dorsey was born and raised in St. Louis, Missouri. From a young age, he showed a keen interest in computers and communication. He attended Bishop DuBourg High School and developed software for dispatch logistics, which was used by taxicab companies. He briefly attended the University of Missouri–Rolla and later transferred to New York University, but dropped out before graduating to focus on his entrepreneurial pursuits.

Rise to Success

Dorsey's breakthrough came with the co-founding of Twitter in 2006, which quickly became a global platform for real-time communication. He served as CEO of Twitter from 2007 to 2008, and again from 2015 to 2021. In 2009, Dorsey co-founded Square (now Block, Inc.), a financial services and mobile payment company. Square's success further solidified his position in the tech industry.

Key Business Strategies

Dorsey is known for his focus on simplicity and user experience. He emphasized iterative product development and a commitment to details. His leadership style often included an emphasis on decentralization and empowering users. He stepped down as Twitter CEO in 2021, which allowed him to focus on Block, Inc. and Bitcoin initiatives. Dorsey has also shown a strong interest in the future of the internet and open-source development.

Philanthropy

Dorsey has engaged in significant philanthropic efforts, notably through his #startsmall initiative. In 2020, he committed to donating $1 billion (28% of his wealth) to various causes, including COVID-19 relief, girls' health and education, and universal basic income programs. He has made several donations to organizations like Water.org and Good Sports.

Career Timeline

2021

Stepped down as Twitter CEO

Focused on Block, Inc. and other ventures.

2015

Returned as Twitter CEO

Returned as the CEO of Twitter and led the company for six more years.

2012

Named Innovator of the Year

Received the Innovator of the Year Award from the Wall Street Journal for his work in technology.

2009

Co-founded Square (now Block, Inc.)

Launched a financial services company focused on mobile payments.

2006

Co-founded Twitter

Co-founded the social media platform that revolutionized communication.

Philanthropic Impact

Various$1B

#StartSmall

A philanthropic initiative focused on global COVID-19 relief, girls' health and education, and efforts toward Universal Basic Income.

Global Health$4.7M

Water.org

Donation to Water.org to provide access to safe water and sanitation as part of his #StartSmall initiative.

Youth Development$1M

Camp Fire

Donation to support inclusive youth development and expanding opportunities.

Youth Sports$1M

Good Sports

Funds will support the She Who Plays initiative which focuses on creating gender equity in youth sports.

Wealth Trajectory