Jack Dorsey - Quick Facts
|Marital Status||In Relationship|
|Eyes Color||Dark Brown|
|Net Worth||$ 1,200,000,000 - One Billion Two Hundred Million US Dollars Only|
|University||Missouri University of Science and Technology|
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Taking computer programming under his wings since he was a little boy, Jack Dorsey has been running two tech heavyweights - Twitter & Square. Currently, co-founder & CEO of Twitter and founder and CEO of a mobile payments company, Square, Dorsey has proved himself a versatile personality in the world. Anyone can understand his love to technology as he began developing software as a teenager.
Born & raised in Catholic religion, Jack was technology enthusiast from young age
Jack Dorsey was born on 19th November 1976 in St. Louis, Missouri. His father Tim Dorsey was a worker at the mass spectrometers developing company while his mother Marcia was a homemaker. Born with an Italian descent, he was raised Catholic and sent to Catholic High School and Bishop DuBourg High School.
By age 14, he developed an interest in dispatch routing. Few open source software Dorsey created in dispatch logistics’ area is still used by numerous taxi cab companies. He attended Missouri University of Science and Technology before transferring to the New York University Tandon School of Engineering. However, he later dropped his studies.
Dorsey began his own business, starting a company to dispatch taxis, couriers, & emergency services from the web. Around that time, his other projects included the networks of medical devices & ‘frictionless service market’. He was fascinated by the technological challenge of real-time communication.
His net worth reached billion not so longer after Twitter was launched
After he dropped out from the college before graduating, he headed to Oakland, California, where he came up with an idea that would combine broad reach of dispatch software with instant messaging ease. Dorsey approached Silicon Valley company called Odeo to pitch his concept. Later, Dorsey collaborated with former Odeo executive Biz Stone, Odeo co-founder Evan Williams to start a new company called Obvious that later evolved into Twitter.
Within just two weeks, Dorsey built a simple site where the users could post the short messages limiting up to 140 characters. He posted world’s 1st tweet: ‘just setting up my twtr’ on 21 March 2006.
In October 2008, Williams took over the CEO’s position, while Dorsey became the chairman of the board. In 2011, Dorsey returned as an Executive chairman and Williams was replaced by the Dick Costolo as chairman. And after Costolo’s departure from the position, Dorsey became permanent CEO of twitter.
Dorsey developed a small business platform, Square, that allows people to receive credit card payments through a small device plugged into their mobile or PC. Twitter may have revolutionized the way people communicate but its pioneer isn’t done yet. He says, in terms of technology, we’re going to see better and more immediate experiences every day.
In 2013 November, Dorsey saw his fortune grow tremendously, after initial offering of Twitter. Starting with the share price of $26, the price quickly rose to $45 on the first day of trading. Within hours, approx. 23.4 million worth shares earned him billions. Now, he has accumulated 1.12 billion into his accounts.
Jack Dorsey's wifeless status sparked gay rumors
Jack Dorsey is a year shy of reaching forty. But till this age, the Twitter innovator hasn’t married. While asked about his plans of the settling, he publicly stated that Square and Twitter are like his children and choosing between which one to give priority is like choosing between his two children.
Talking about his love life, he has been having an on-and-off relationship with Kate Greer. Before Greer, he was also spotted with British model & actress, Lily Cole.
More than once, there were rumors claiming that Dorsey and Deray were lovers. The rumors became even more persistent when their living together status was taken to twitter tagging them both. This news sparked the gay rumors.
Jack Dorsey’s detailed biography can be found at various sites around the web including Wikipedia.