David Sacks is a famous investor and business magnate. Here, we will learn about David Sacks net worth in 2024, career, age, wife, and assets.
Who is David Sacks?
Famous in the tech world, David Sacks made a big change in his life when he quit McKinsey & Company in 1999. He joined PayPal, the growing e-commerce service in 1998. As PayPal’s Chief Operating Officer (COO) and product leader, Sacks had a big impact on how the company grew and changed. In February 2002, PayPal went public under his guidance.
His impact goes beyond PayPal. He is a key part of the “PayPal Mafia.” It is a group of strong tech companies that sprung up after PayPal’s early success. After leaving PayPal, he produced and financed the movie “Thank You for Smoking”. He also started the family website Geni.com. It later led to the creation of Yammer. When it came out in 2008, Yammer was the first Enterprise Social Network.
In the years that followed, Sacks put a lot of money into Zenefits. He took over as temporary CEO and led the business through a legal problem while making big changes in 2016. In 2017, he co-founded Craft Ventures. The company manages large amounts of money and helps several unicorns to grow.
In addition to his work in technology, Sacks is active in politics and has made important gifts to both Republican and Democratic politicians. His work in the San Francisco Board of Education recall elections and holding events for candidates from all parties shows how influential he is in politics. Sacks has become a loud voice on global issues in recent years, especially the Russian attack on Ukraine. Sacks has become a major figure in politics, the tech industry, and public debate thanks to his many-faceted work.
Age:
The businessman was born on May 25, 1972. He is currently 51 years of age.
David Sacks Net Worth in 2024:
David Sacks is a billionaire. In 2024, David Sacks has a net worth of $1 Billion in 2024. He is a business magnet and has earned a huge fortune from his intelligent investments. he sold Yammer to Microsoft as Microsoft saw how useful Yammer could be and bought it for $1.2 billion in 2012.
For many years, Sacks has been a busy investor. He has helped companies like Airbnb, SpaceX, and Uber become successful. He has investments in these big companies, with shares worth millions. Besides, he charges huge for delivering ideas with speeches to different programs.
Wife:
David Sacks is married to Jacqueline Tortorice. The couple tied the knot back in 2007. They have two daughters and a son in their family. Apart from his busy life, David loves to spend his time with his family.
David Sacks Assets:
David Sacks has bought many assets with his huge wealth. He owns a mansion in Atherton, California, which costs millions. He also owns a property in San Fransico, which is worth around $65 Million.
The Billionaire has a fascination for cars, he has a huge collection of cars in his garage. He owns a Porsche 911, Ferrari 488, and a Tesla Model S. The billionaire also owns a private jet, the Gulfstream G700. the jet costs over $78 Million. David Sacks owns a private yacht which worth about $38 Million
