|Celebrity Name:||David Sacks|
|Real Name:||David Oliver Sacks|
|Age:||51 years old|
|Date Of Birth:||25 May, 1972|
|Birth Place:||Cape Town, South Africa|
|Profession:||Author, investor, entrepreneur|
|Net Worth in 2023:||$1.5 billion|
David Sacks Net Worth
David Sacks is an American entrepreneur, investor, and author. He is best known as the founding COO and product leader of PayPal.
David Sacks net worth is $1.5 billion. He is an angel investor in Facebook, Uber, SpaceX, AirBnB, and Palantir Technologies.
David Sacks was born on May 25, 1972, David Sacks grew up in Cape Town, South Africa, before relocating to the United States. His early exposure to technology and its potential impact on society fueled his interest in the field. Sacks attended Memphis University School. Sacks’ academic journey led him to Stanford University, where he further honed his skills laid the groundwork for his future in the tech industry, and completed his JD from the University of Chicago Law School.
David Sacks’ career is synonymous with innovation and disruption. Early in his career, he played a pivotal role in the development of PayPal, where he served as the Chief Operating Officer. His contributions to the company’s growth and eventual acquisition by eBay showcased his strategic mindset and business acumen.
Following PayPal, Sacks co-founded several startups, including Geni and Yammer. Sacks is the Former CEO of Yammer. The latter, an enterprise social networking service, gained widespread adoption and was eventually acquired by Microsoft. His ability to identify emerging trends and capitalize on technological shifts solidified his status as a visionary entrepreneur. In 2017, he co-founded a venture capital Craft Ventures. He is the general partner in Craft Ventures. In 2016, he became the CEO of Zenefits for 10 months. In 2006, he founded Geni.com. in 1995, he co-authored The Diversity Myth.
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In 2007, Sacks married Jacqueline Tortorice.
Award and Achievements
David Sacks’ contributions to the tech industry have been recognized through various accolades. While specific individual awards might not be widely publicized, his role in the success of PayPal and his impact on the tech startup ecosystem have earned him respect among peers and industry leaders.
David Sacks net worth is 1.5 billion, his net worth is a testament to his success in the tech industry. Beyond his initial success with PayPal, his involvement in various startups and strategic investments has contributed significantly to his financial portfolio. As a serial entrepreneur and investor, Sacks has diversified his income streams, further solidifying his financial standing.