Jack Dorsey’s net worth uncovered as he steps down as Twitter CEO

While the names of many big tech founders are seared into our skulls – take Mark Zuckerberg or Jeff Bezos for instance – the co-founder of Twitter, who stood down as CEO on Monday, is a bit more low-key.

Jack Dorsey, a slim man with a big beard might not strike you as the head of a corporate empire that re-wrote the rulebook on how news is shared.

Regarded as an idealistic maverick, he has guided Twitter to a position of strength and influence.

Despite the announcement he will be stepping down as CEO, he is expected to remain on the company's board until March 2022.

He is set to be replaced by Parag Agrawal, a safe pair of hands who has worked his way up the ranks in his ten years at the company.

It is thought Twitter's new CEO Parag, 37, will be paid a huge £750,000 ($1 million) per year.

What is Jack Dorsey's net worth?

Jack Dorsey has earned a truly staggering amount of money while at Twitter, with an estimated net worth of £8.9 billion.

While this is more than basically any person anywhere could ever dream of, he remains a relative small-fry compared to his big tech buddies.

Facebook founder Mark Zuckerberg is thought to be chilling with a cool £90.8 billion, while the co-founder of Google Larry Page is thought to have £93.3 billion.

Who is Jack Dorsey?

Born and raised in Missouri, he comes from a Catholic family. After spending two years at New York University he dropped out a semester short of graduation to focus on the idea that would eventually become Twitter.

He got the idea for short-form information sharing while he was working in dispatch routing (dispatching vehicles like taxis or couriers to customers who need them).

Alongside fellow co-founder Biz Stone he built a prototype Twitter platform within two weeks.

Reportedly under the guiding principals of simplicity, constraint and craftsmanship he saw the platform grow, working in a variety of different positions including executive chairman before taking up the role of CEO from outgoing chief Dick Costolo in 2015.

Now 45, he leaves Twitter in a strong position with assets of nearly £10 billion and £2.7 in revenue for 2020.

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He has gained a reputation as someone with interesting hobbies: An advocate of yoga and meditation he has traveled across the world to pursue them, reportedly spending his 42nd birthday on a 10 day silent yoga trip in Myanmar designed to "hack the deepest layer of the mind and reprogram it."

His unusual wellness routine includes eating just 7 meals a week, only ever eating dinner – rumour has it the day's single meal is enormous.

He is known to be a supporter of the US Democratic party, and played a key role in the decision to ban then-President Donald Trump from Twitter following the riots in Washington in January 2021.

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