Jack Dorsey is a billionaire because of his co-founding of the company.
He has an unusual life of luxury, including a daily fast and ice baths.
He stepped down as the head of Block in November of 2021.
Business Insider has a home page with more stories.
Jack Dorsey leads an unusual life of luxury, from fighting armies of bots to quashing rumors about sending his beard hair to Azealia Banks.
In Silicon Valley, he had a turbulent career. After cofounding Twitter on March 21 2006 he was kicked out as the company's CEO two years later, but came back in 2015 to set up his second company, Square.
He testified before Congress multiple times about the techlash that has engulfed social media companies.
On November 29, 2021, he announced that he was stepping down as the CEO of the micro-blogging site. He is still the CEO of Block, but he changed his title to "Block Head" in April 2022.
He has provoked controversy and criticism by extolling ice baths and fasts as part of his daily routine. His existence is not completely spartan. He drives fast cars, owns a stunning house, and dates models.
You can scroll down to read more about Jack Dorsey.
The earlier version of the story was reported by Rebecca Borison and Madeline Stone.
While at Bishop DuBourg High School, Dorsey began programming.
Some taxi companies still use dispatch software written by Dorsey at age 15.
This is the bio.
When he was not checking out electronics stores or running a fantasy football league for his friends, he would attend punk-rock concerts.
The spiky hairdo is not favored by Dorsey these days.
The Wall Street Journal is the source of this information.
Like many of his peers, he never graduated college.
He attended the Missouri University of Science and Technology for a short time before moving to New York University.
This is a bio.
In 2000, he built a simple prototype that let him update his friends on his life via email.
He put the idea away because nobody else was interested.
The UnofficialStanford is a source of this information.
Jack Dorsey is a licensed masseur.
He exploded onto the tech scene after getting his license.
The Wall Street Journal has sources.
He met his future co-workers at Odeo.
When Odeo went out of business in 2006 then, so did the idea for a messaging service.
On March 21, 2006 was when the first tweet was posted.
Dorsey kept his handle simple.
Evan Williams and Biz Stone bought the domain name for about $7,000.
He removed his nose ring to see the part of a CEO. He was 30 years old.
A year later, he was less involved with the company.
By 2008, Williams had taken over as CEO. New projects were immediately started by Dorsey. He launched a payments startup called Square that lets small-business owners accept credit card payments through a phone attachment.
There are two sources: the bio and the bio on the social networking site, Twitter.
President Barack Obama was the first person to interview in the first Town Hall.
Obama had to keep his replies to under 140 characters.
You can find it here:
Within hours of the public debut of the micro-messaging service in November of 2013, Jack Dorsey was a billionaire.
Forbes pegged his net worth at over $2 billion. His net worth was calculated by the billionaires index on the day he was expected to resign.
Both Forbes and Bio are related.
In the filing, it was revealed that the previous year, he earned just $1.40 for his job as Twitter CEO.
In previous years, Dorsey had refused any payment, but this year he received a pay rise.
He is far from the only Silicon Valley mogul to have taken a measly salary, as the CEO of Facebook, Mark Zuckerberg makes $1 a year.
Insider.
Had he not given back 10% of his stock, he might have been worth more.
Square employees were given more equity and stock options as a result of this. It was helpful in acquiring a startup.
The sources are Insider and Caviar.
He bought a BMW 3 Series, but didn't drive it often.
Biz Stone told The New Yorker that the BMW is the only car he drives.
The New Yorker.
He paid almost $10 million for a house in the exclusive Seacliff neighborhood of San Francisco.
The Golden Gate Bridge is viewed as a marvel of design by the house's owner.
Insider.
He said he worked from home one day a week.
In an interview with journalist Kara Swisher, Dorsey said he worked every Tuesday out of his kitchen.
He told Swisher that Musk is his favorite user.
Musk is focused on solving existential problems and sharing his thinking openly.
He said that he enjoys all the ups and downs that come with Musk's unpredictable use of the site. Musk followed up his reply with a string of random emojis.
The relationship between Musk and Dorsey appears to be good.
Insider.
Mark Zuckerberg once served a goat to Jack Dorsey, who killed himself.
The meal took place in 2011. The goat was served cold, and he stuck to salad.
Rolling Stone.
His eating habits have raised eyebrows.
He said he eats one meal a day and fasts all weekend, while appearing on a health guru's show. He said the first time he tried a fast it made him hallucinating.
It was strange to be there. He said that it became apparent to him how much of his days are centered around meals and how time really slowed down when he was on a fast.
Many people said that the comments were a sign of how normalized eating disorders are.
In a later interview, he said he eats seven meals a week.
The New Statesman has sources.
In the early days of the company, Dorsey wanted to be a fashion designer.
The Dior Homme reverse-collar dress shirts are a sort of stylish take on the popped collar, as well as leather jackets and slim suits by Prada and other brands.
He favors edgier outfits, like the black turtleneck favored by Steve Jobs.
The Wall Street Journal is one of the sources.
The nose-ring was re-introduced and he grew a beard.
The part of a traditional executive seems to be less important to Dorsey.
Azealia Banks claimed that she was sent clippings of Dorsey's beard hair to make a protective amulet.
In 2016 Banks posted on her now- deleted account that she had received a hair cut from Dorsey, but he later told the HuffPo that the beard-posting incident never happened.
The sources are Insider and HuffPo.
He frequently travels the world and shares his photos with his 6 million followers.
Japan's former Prime Minister Shinz is one of the heads of state that Dorsey meets on his travels.
You can find it here:
His vacation in the country provoked an uproar.
If you are willing to travel a bit, go to Myanmar, because I took a vacation there for my birthday in December.
This came at a time when social media platforms were accused of being involved in the promotion of hatred towards the Muslim minority.
Insider.
However, he doesn't care about looking bad.
In an interview with Huffington Post, Jack Dorsey was asked if Donald Trump could be removed from the platform if he called for his followers to kill a journalist. The answer given by Dorsey drew sharp criticism.
After the interview was published, he said he doesn't care about looking bad.
He said that he cared about being open about how we were thinking and what we saw.
Jack Dorsey was grilled by lawmakers.
They were asked about election interference on Facebook and anti-conservative bias on social media companies.
Insider.
During the hearing, he shared a picture of his spiking heart rate.
The man was in the hot seat for a long time. His heart rate peaked at over 100 beats per minute.
Insider.
On October 28, 2020, he testified before Congress again.
Section 230 of the US law protects internet companies from legal liability for user-generated content and gives them broad authority to decide how to moderate their own platforms.
In prepared testimony ahead of the hearing, Dorsey said that Section 230 would collapse how we communicate on the internet and suggested ways for tech companies to make their moderation processes more transparent.
During the hearing, he was accused of anti-conservative bias.
The accusations from Republican lawmakers focused on the way in which the company enforces its policies, particularly the way in which it has labelled President Trump's statements compared to other world leaders.
Even though he appeared with other CEOs, he was the one who took the most questions from lawmakers.
Protocol is the source.
During the hearing, the pundits were fascinated by the length of the beard.
Some users referred to his facial hair as his "quarantine beard", while others said it made him look like a wizard.
—rat king (@MikeIsaac) October 28, 2020
—Taylor Hatmaker (@tayhatmaker) October 28, 2020
Jack Dorsey's beard is breaking the face detection of Twitter.
—SwiftOnSecurity (@SwiftOnSecurity) October 28, 2020
The New York Post story about Hunter Biden was questionable.
When the New York Post published a report about Hunter Biden on October 14 that threw up red flags about source, the New York Post blocked users from sharing URLs.
It was wrong of the social network to block the URLs.
—jack (@jack) October 16, 2020
During the Senate hearing, Sen. Ted Cruz accused the social network of censoring the Post.
The Post's account would remain locked until it deleted its original post, but the updated policies made it possible for it to repeat itself without being blocked.
Insider.
On November 17 2020 there will be another hearing about how Twitter handled content moderation around the 2020 presidential election.
Republicans were displeased with how the platforms dealt with Donald Trump's social media accounts.
Both CEOs said their companies are politically neutral.
When he isn't in Washington, he goes to ice baths and saunas.
He said in the Tales of the Crypt that he started using saunas and ice baths in the evenings around 2016
After 15 minutes in his barrel sauna, he will switch to an ice bath. He finishes the routine with an ice bath.
He likes to take an icy dip in the morning to wake him up.
CNBC
There has been a lot of interest in Dorsey's dating life. He was reported to be dating a model.
The pair were spotted together at a party during New York Fashion Week. Page Six reported that the exes of Dorsey were actress Cole and ballet dancer Sylve.
Page Six
He is a big believer in cryptocurrencies.
In March of this year, he told the Tales of the Crypt that he was maxing out on the currency.
In October 2020 he slammed Brian Armstrong for forbidding employee activism at the company, saying that it was a form of activism.
—jack (@jack) September 30, 2020
CNBC and Insider.
Square was going to launch a new business in the summer of 2021.
It wasn't clear if that was the actual name or if it was a name that was still being considered.
—jack (@jack) July 15, 2021
He hopes that the use of the virtual currency can bring about world peace.
The B Word was a panel with Dorsey, Musk and Wood. He said he loves the community because it is weird.
It is the only reason that I have a career, because I have learned so much from people who are building something.
At the end of the year, he said he would move to Africa for three months in 2020.
Africa will define the future according to the announcement by Dorsey. I will be living in this area for 3-6 months in mid 2020.
The threat of being ousted as the CEO of the company was made against him by an activist investor.
In February 2020, CNBC reported that Paul Singer's hedge fund was trying to replace Jack Dorsey as CEO of the social media company.
Reasons were given for the fact that he split his time between two firms by acting as CEO to both of them, as well as his planned move to Africa.
Insider.
Musk threw his support behind Dorsey.
Musk said that he supports Jack as the CEO, and that he uses the heart symbol.
Insider.
The truce was struck with Elliott Management.
On March 9, 2020 it was announced that Jack Dorsey would remain as CEO after a deal was reached with Elliott Management.
Private equity firm Silver Lake invested $1 billion in the company.
Patrick Pichette, lead independent director of the board, said he was confident that the board was on the right path and that a new temporary committee would be formed to instruct the board's evaluation.
In April 2020, he announced that he was forming a new charity fund that would help in global relief efforts.
He said he would pour $1 billion of his own Square equity into the fund, or roughly 28% of his total wealth at the time.
He said that the fund would focus on helping in the fight against the coronaviruses.
All transactions would be made public in a spreadsheet.
In July 2020, 130 accounts were compromised by hackers.
The verified accounts of Bill Gates, KimKardashian West, and others were hacked, with attackers asking users to send payment in bitcoin to fraudulent addresses.
All verified accounts were temporarily blocked, but the damage was done.
Musk said he contacted Dorsey after the hack.
During a July 2020 interview with The New York Times, Musk said he immediately called Dorsey after learning about the hack.
Within a few minutes of the post coming up, I got texts from a bunch of people I know, then I immediately called Jack and locked my account.
The New York Times is a source.
In March of 2021, he put his first-ever post up for auction.
The craze for non-fungible token (NFTs) gathered steam, and as a result, Dorsey announced he was auctioning his first tweet for charity. Hakan Estavi is the chief executive of Bridge Oracle.
The proceeds from the auction would go to Africa.
On November 29 it was announced that Dorsey had stepped down as CEO.
CNBC was the first to report on the resignation.
The Chief Technology Officer of the company, Parag Agrawal, would take over as CEO with immediate effect.
Not sure anyone has heard, but I resigned from Twitter.
He included a picture of the email he sent to the staff.
—jack⚡️ (@jack) November 29, 2021
His time on the board of directors officially came to an end in May 2022, just as the company&s stockholder's meeting was about to start.
Square changed its name to Block two days after Dorsey stepped down.
The company said in a statement that the name change creates room for further growth.
Blocks are referred to as the neighborhood blocks where we find our sellers, a block party full of music, obstacles to overcome, a section of code, and of course, tungsten cubes.
There is a craze for paying as much as $3,500 for novelty tungsten cubes, and the line about them was an apparent reference to it.
The title of Block's CEO was changed to Block Head in April 2022.
The title change was made official in a regulatory filing.
There will be no changes to Mr. Dorsey's responsibilities, according to the filing.
The new title of Block Head was listed on his website.
In response to the news, Musk used fire emojis to signal his approval.
—Elon Musk (@elonmusk) April 23, 2022
The title of "Technoking" was added to Musk's role at the company in March 2021.
The biggest regret of the man was the shutting down of the vine.
The demise user lamented that the person who said "I know" was the one who replied to them. The biggest regret is accompanied by a sad face.
The short-form video app was shut down by the social media company.
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