Business Magnates And Financiers Codexery

Jack Dorsey

Co-founder of Twitter and Block; early contributor to Bluesky.

Jack Dorsey

Jack Patrick Dorsey (born November 19, 1976) is an American tech entrepreneur and businessman who co-founded Twitter, Inc., the social media service; financial technology company Block, Inc., which owns Square, Cash App, Afterpay, Bitkey, and Tidal; and was involved in the early development of Bluesky, which began as an initiative within Twitter. As of February 2026, Forbes estimated his net worth to be $5.9 billion. He served as Twitter's CEO from its founding in 2006 until 2008, returned as interim CEO in 2015, and became permanent CEO in October 2015 before resigning in November 2021.

known_for
Co-founding Twitter and Block, Inc.; early involvement in Bluesky

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1976199519972006200820152016202020222026

Lore & Background

Dorsey was born and raised in St. Louis, Missouri, to Timothy G. Dorsey and Marcia A. Dorsey. He is partly of Italian descent on his mother's side. He attended Bishop DuBourg High School, worked occasionally as a fashion model, and by age 14 became interested in dispatch routing. He enrolled at the University of Missouri–Rolla in 1995, transferred to New York University in 1997, but dropped out two years later, one semester short of graduating. He came up with the idea that eventually became Twitter while studying at New York University. He approached Odeo, which was interested in text messaging, and with Biz Stone built a prototype of Twitter in about two weeks. Dorsey became Twitter's CEO in 2006, prioritizing uptime over revenue. He lost his position in 2008, reportedly for leaving work early for yoga and fashion design, and became executive chairman in 2008, serving until 2015. In July 2015 became interim CEO, later permanent CEO in October 2015. In November 2016, his own Twitter account was briefly suspended due to an internal mistake. In 2022, he wrote that his biggest mistake was investing in tools to manage public conversation rather than tools for users. When Twitter was sold to Elon Musk in October 2022, Dorsey's 2.4% ownership stake was bought out for cash, and he did not retain shares in the new private company. He also co-founded Block, Inc., which owns Square, Cash App, Afterpay, Bitkey, and Tidal. In February 2020, activist hedge fund Elliott Management sought to oust him as Twitter CEO, but an agreement allowed him to remain.

Reader's Guide

Jack Dorsey's significance lies in his role as a co-founder of Twitter, a platform that fundamentally changed public communication, news dissemination, and political discourse worldwide. His early vision of a real-time status-message service, inspired by dispatch routing and instant messaging, evolved into a global microblogging network used by billions. His tenure as CEO saw Twitter navigate growth, controversies over content moderation, political advertising bans, and allegations of foreign interference in elections. Dorsey also pioneered mobile payments through Square, democratizing credit card processing for small businesses, and later built Block, Inc. into a financial technology conglomerate. Critics and supporters alike note his emphasis on simplicity, constraint, and craftsmanship as guiding principles, as well as his acknowledgment of mistakes, such as not building user-facing moderation tools. His legacy is intertwined with the rise of social media's power and its challenges.

Did You Know?

Frequently Asked Questions

Who is Jack Dorsey?

Jack Dorsey is an American technology entrepreneur born in 1976 who built his career around social media and financial technology. He is best recognized for helping create Twitter and for founding Block, Inc., the parent company behind Square and Cash App.

What companies did Jack Dorsey co-found?

He co-founded Twitter, the microblogging platform that launched in 2006, and Block, Inc., which houses Square, Cash App, Afterpay, Bitkey, and Tidal. He also played a role in the early stages of Bluesky before it spun out as an independent project.

How long did Jack Dorsey serve as Twitter's CEO?

Dorsey held the CEO title from Twitter's 2006 founding through 2008, then stepped back into the role as interim CEO in 2015 and was confirmed permanently in October of that year. He ultimately resigned from the position in November 2021.

What is Jack Dorsey's estimated net worth?

As of February 2026, Forbes places his personal fortune at roughly $5.9 billion. That figure reflects his equity stakes in Block, Inc. and his historical holdings tied to Twitter.

Why is Jack Dorsey considered important in tech history?

He helped bring two of the most transformative consumer platforms of the 2010s into existence—Twitter for real-time communication and Square/Cash App for peer-to-peer payments. His repeated leadership of Twitter during critical transition periods also shaped the platform's trajectory for millions of users.

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