Twitter founder Jack Dorsey, valued at $4.2 billion by Forbes, has remained active in profitable ventures since stepping down as Twitter CEO in 2022. Dorsey achieved billionaire status in 2016 and despite a decline in wealth post-2021, he continues to generate significant income. Here are some key developments in his journey to wealth creation:
– Currently serving as CEO and Chairman of Block (formerly Square), a payments company that includes Square, Cash App, TIDAL, Bitkey, and Proto. Block’s Q1 2025 reports showed a 9% rise in gross profit to $2.29 billion, marking its most profitable quarter to date. Dorsey has expressed plans to expand further into the banking sector.
– Dorsey retains ownership of shares in X (previously Twitter), as confirmed in August 2024 when Elon Musk disclosed a list of owners. This suggests ongoing income from the social media platform despite his departure as CEO.
– Dorsey has made strategic investments in new ventures such as VotingWorks, Ocean, SimpleX Chat, and Mercor, positioning himself for increased returns as these companies flourish.
– In January 2025, Dorsey introduced Goose, an AI assistant facilitating the integration of large language models into applications. Goose’s capabilities, particularly in coding, have impressed developers, enhancing its potential value and contributing to Dorsey’s net worth.
– A vocal advocate of Bitcoin, Dorsey has emphasized its importance in the payment ecosystem through Block. Formerly known as Square, the company’s shift to Block aligns with its focus on blockchain technology. Block intends to enable Bitcoin payments via Square by 2026, offering merchants the option to hold Bitcoin or convert it to fiat in real-time.
By diversifying his investments, creating innovative solutions like Goose, and championing cryptocurrency, Dorsey has strategically strengthened his financial position post-Twitter, paving the way for continued wealth growth.
