Jack Dorsey, the visionary behind Twitter (now rebranded as X), stepped down as CEO in 2022 after shaping the platform since its 2006 inception. While he’s no longer at the helm of the social media giant, his influence and financial success have only grown. With a net worth of $4.2 billion, according to Forbes, Dorsey has strategically diversified his income streams and continued building wealth through innovation, investment, and forward-thinking ventures.
His journey from co-founding Twitter to becoming a major player in fintech and cryptocurrency offers valuable insights into how tech entrepreneurs scale their fortunes long after their initial breakthrough. Let’s explore the five key moves Jack Dorsey made to maintain and grow his wealth post-Twitter.
Leading Block: A Fintech Powerhouse
At the core of Dorsey’s current success is Block, Inc., formerly known as Square. Founded in 2009 alongside Jim McKelvey, Block has evolved into a comprehensive financial ecosystem that includes:
- Square: Payment solutions for businesses
- Cash App: Peer-to-peer payments and banking services
- TIDAL: Music streaming service
- Bitkey: Self-custody Bitcoin wallet
- Proto: AI-driven development tools
Despite a slight 3% dip in overall revenue, Block reported a record-breaking quarter in Q1 2025 with a 9% increase in gross profit, reaching $2.29 billion — its most profitable period to date. This growth underscores the resilience and scalability of Dorsey’s vision.
Dorsey has publicly expressed ambitions to expand Block further into the digital banking space, leveraging artificial intelligence and decentralized finance models. With Cash App already serving millions for everyday transactions, direct banking integration could position Block as a true alternative to traditional financial institutions.
👉 Discover how next-gen financial platforms are reshaping wealth management today.
Retaining Ownership in X (Formerly Twitter)
Though Dorsey stepped away from day-to-day operations, he hasn’t completely severed ties with the company he helped build. In August 2024, Elon Musk released an official ownership list for X (formerly Twitter), confirming Dorsey as one of the stakeholders.
This means Dorsey continues to benefit financially from X’s performance — whether through equity appreciation or potential dividends — without needing active involvement. His continued stake allows him to reap long-term rewards from the platform’s evolution under new leadership, particularly as it explores advertising innovations, subscription models, and AI-powered features.
Holding onto early equity is a common trait among successful founders. It reflects patience, confidence in the product, and a smart financial strategy: letting past successes generate passive income while focusing energy on new ventures.
Strategic Investments in Emerging Startups
Beyond his own companies, Dorsey actively invests in early-stage startups that align with his values: decentralization, privacy, and technological empowerment. According to PitchBook, his portfolio includes innovative firms such as:
- VotingWorks: Nonprofit focused on secure, transparent election technology
- Ocean: Platform enabling decentralized data sharing
- SimpleX Chat: Privacy-first messaging app with no metadata collection
- Mercor: AI-driven hiring and talent discovery tool
These investments not only support mission-driven tech but also offer high-growth potential. As these startups scale, Dorsey stands to gain significant returns — especially if any go public or get acquired.
Venture investing allows wealthy individuals to diversify beyond public markets and tap into disruptive ideas before they hit mainstream awareness. For someone like Dorsey, who understands tech trends at a foundational level, these moves are both principled and profitable.
Launching Goose: An AI Assistant for Developers
In January 2025, Dorsey introduced Goose, an open-source AI assistant designed to integrate large language models (LLMs) directly into software applications. Tailored for developers, Goose streamlines coding workflows by offering real-time suggestions, debugging support, and natural language-to-code translation.
Forbes highlighted that Goose has gained rapid traction in open-source communities due to its efficiency and lightweight architecture. Unlike bloated AI tools, Goose emphasizes speed, privacy, and modularity — making it ideal for teams building secure, scalable apps.
Given the booming demand for AI development tools — projected to exceed $200 billion by 2030 — Goose could become a critical asset in tech stacks worldwide. If monetized effectively through enterprise licensing or premium features, it could significantly boost Dorsey’s net worth in the coming years.
👉 See how cutting-edge AI tools are transforming digital finance and investment strategies.
Championing Bitcoin and Cryptocurrency Adoption
Few figures in tech have been as vocal about Bitcoin as Jack Dorsey. He doesn’t just hold cryptocurrency — he’s building infrastructure to make it usable in everyday life.
His rebranding of Square to Block was a clear signal of intent: aligning the company with blockchain technology. Under his leadership, Block made several bold moves:
- Acquired $630 million worth of Bitcoin at one point
- Launched Bitkey, a self-custody wallet simplifying Bitcoin ownership
- Announced plans for Bitcoin payments via Square by 2026
Dorsey envisions Bitcoin as the internet’s “native currency” — a decentralized alternative to fiat systems controlled by central banks. On X (formerly Twitter), he stated:
“Merchants can choose to hold the Bitcoin, or auto-convert it to fiat in real-time.”
This flexibility lowers barriers for small businesses while promoting broader adoption. As regulatory clarity improves and institutional interest grows, Bitcoin’s value proposition strengthens — directly benefiting early believers like Dorsey.
Frequently Asked Questions (FAQ)
Q: Did Jack Dorsey completely leave Twitter?
A: Yes, he stepped down as CEO in 2022 and no longer holds an operational role. However, he remains a shareholder, meaning he still benefits financially from the company’s performance.
Q: What is Jack Dorsey’s main source of income now?
A: His primary income comes from his role as CEO and chairman of Block, along with returns from equity stakes in X and various startup investments.
Q: Why did Square change its name to Block?
A: The rebrand reflects the company’s expanded focus on blockchain technology and cryptocurrency services beyond traditional payment processing.
Q: Is Goose available to the public?
A: Yes, Goose is open-source and accessible to developers globally. It's gaining popularity for its ability to enhance coding efficiency using AI.
Q: How much Bitcoin does Jack Dorsey personally own?
A: Exact figures aren’t public, but through Block and personal investments, he has consistently supported Bitcoin adoption and owns significant holdings indirectly.
Q: Can I invest like Jack Dorsey in early-stage tech startups?
A: While access to private deals is limited, platforms now allow accredited investors to participate in startup funding rounds. Research venture syndicates or angel networks to get started.
Final Thoughts: Building Lasting Wealth Through Vision
Jack Dorsey’s post-Twitter journey illustrates a powerful truth: lasting wealth isn’t built on a single success but on sustained innovation and strategic reinvestment.
By leading Block into new financial frontiers, retaining equity in X, backing transformative startups, launching an AI tool for developers, and championing Bitcoin adoption, Dorsey has positioned himself at the intersection of technology, finance, and decentralization.
His approach combines long-term thinking with hands-on execution — a blueprint other entrepreneurs can learn from.
👉 Explore how blockchain innovation is creating new pathways to financial independence.
Whether you're an aspiring founder or an investor looking to future-proof your portfolio, studying Dorsey’s moves offers actionable insights into building wealth in the digital age.
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