David Sacks Net Worth 2024: Know His Age, Height, and Wife
Prominent technologist David Oliver Sacks has been successful and innovative throughout his career. He started his career in technology with a strong academic foundation, having graduated from Stanford University with degrees in economics and computer science.
Following his graduation, Sacks joined the field of management consulting and honed his craft at McKinsey & Company. But his foray into business ownership was the catalyst that set him on the path to a great career. An estimated $2 billion is David Sacks’s net worth as of now.
David Sacks Wiki
| Full Name | David Oliver Sacks |
| Nick Name | David O. Sacks |
| Date of Birth | May 25, 1972 |
| Birth Place | Cape Town, South Africa |
| Age | 53 years |
| Zodiac Sign | Gemini |
| Nationality | South African, American |
| Religion | Jewish |
| Famous For | Former CEO of Zenefits, former COO of PayPal, and CEO of Yammer |
| Profession | American Entrepreneur, Investor, and Tech Executive |
| Alma Mater | Memphis University School |
| Qualification | B.A. in Economics from Stanford University, and a J.D. from the University of Chicago. |
Career
Online payments, workplace networking, human resources technology, and venture capital are just a few of the many industries that David Sacks has had a profound impact on through his entrepreneurial career. His legacy of invention, strategic acumen, and dedication to developing future technical developments is shown by his contributions to the tech industry and beyond.
Elon Musk, Max Levchin, Peter Thiel, and David Sacks were among the visionaries who helped develop PayPal in 1999. In its short existence, PayPal changed the face of online payment systems and became one of the most prominent dot-com companies of all time. Lots of people in the business world took notice of the company because of the novel way it helped make online transactions safe and efficient. The acquisition of PayPal by eBay for an astounding $1.5 billion in 2002 cemented eBay’s position as a technological behemoth.
David Sacks was unfazed by PayPal’s takeover and persisted in making great advancements in the tech industry. He started the company Yammer in 2008, and it was an enterprise social network similar to Slack. Yammer was one of the most talked-about and highly regarded SaaS platforms in no time, propelling it to the forefront of its field.
Winning the coveted TechCrunch50 competition was a defining moment in its ascent to market dominance. In 2012, Microsoft paid $1.2 billion to acquire Yammer, a firm that had great potential. “Thank You for Smoking” was an Oscar-nominated and critically praised film that Sacks executive produced, further demonstrating his versatility and creative brilliance.
David Sacks started a new business in 2017 called Craft Ventures, which invests in software firms in their early stages. Investments in market leaders like Uber, Airbnb, and SpaceX are just a few of Craft Ventures’ many amazing ventures. Craft projects is now a major participant in the venture capital scene, thanks to Sacks’ excellent sense for prospective projects.
When it comes to HR tech, David Sacks has also made a big splash. He was instrumental in the HR management revolution as co-founder and former CEO of Zenefits. Zenefits, which was founded in 2013, gained immense praise from the corporate community after introducing a groundbreaking SaaS platform that simplified HR tasks.
David Sacks Wife
Former attorney Jacqueline Tortorice is David Sacks’s wife. The pair has kept their private lives separate so that they can concentrate on their careers and families. Their collaboration is solidly grounded in Jacqueline’s legal experience, which enhances David’s entrepreneurial endeavors.
Jacqueline and David are parents to three little ones. They keep a tight-knit household and put their family first, even though they are both quite busy with their careers. Charitable giving is a family tradition, and the Sacks are well-known for their support of numerous charities.
David Sacks Height and Weight
| Height | 6 Feet 1 Inch |
| Weight | 70 Kg |
David Sacks Net Worth
David Sacks is said to have a net worth of approximately $2 billion. This amount, however, is subject to change owing to variables such as market swings that affect the worth of his investments. Sacks amassed his fortune via a mix of early investments in Twitter, Facebook, Uber, SpaceX, Tesla, Palantir, and other noteworthy firms, as well as through his entrepreneurial endeavors and executive positions in other companies.