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#32
#32

Jack Dorsey

Twitter / Block (Square)

Industry

Social Media / Fintech

Country

United States

Founded

2006

Net Worth

$4.5B+

All 25 Entrepreneurs

Famous Quote

Make every detail perfect and limit the number of details to perfect.

Why #32

Dorsey co-founded the platform that became the world's real-time public square and then built a fintech company that gave small businesses the tools previously reserved for large corporations. Few founders have created two companies this culturally significant.

The Story

Jack Dorsey co-founded two era-defining companies: Twitter, which became the world's real-time public conversation platform, and Square (now Block), which democratized payment processing for small businesses. The first tweet — 'just setting up my twttr' — launched a platform that would shape global politics, break news, and give a voice to movements from the Arab Spring to Black Lives Matter.

Dorsey's journey at Twitter was turbulent. He was ousted as CEO in 2008, returned in 2015, and resigned again in 2021. But while Twitter's corporate drama made headlines, Square quietly became one of the most important fintech companies in the world. The Square Reader — a tiny white cube that plugged into a phone's headphone jack — let any small business accept credit cards. Block now processes hundreds of billions in payments annually, owns Cash App (80M+ users), and has expanded into Bitcoin, buy-now-pay-later, and music streaming (TIDAL).

Dorsey is a paradox — a billionaire who practices extreme fasting, meditates for hours, and has walked away from the CEO role at both companies he founded. His vision for decentralized social media (Bluesky) and his embrace of Bitcoin as 'the internet's native currency' continue to influence tech's future direction.

Key Achievements

1

Co-founded Twitter (2006) — the world's real-time public conversation platform

2

Founded Square/Block (2009) — democratized payment processing

3

Built Cash App — 80M+ monthly active users

4

Square Reader: transformed small business payments

5

Pioneered mobile point-of-sale technology

6

Initiated Bluesky — decentralized social media protocol

By the Numbers

$40B+

Block Market Cap

80M+

Cash App Users

$200B+/yr

Block GPV

350M+

Twitter Users (at Exit)

Fun Facts

He sent the first-ever tweet: 'just setting up my twttr' on March 21, 2006.

He wanted to be a fashion designer before getting into tech.

He practices intermittent fasting — sometimes eating only one meal per day.

He once walked five miles to work every morning as a form of meditation.

He got his start by building dispatch software for taxi companies as a teenager in St. Louis.

Frequently Asked Questions

Who are the greatest entrepreneurs of all time?

The greatest entrepreneurs include Steve Jobs (Apple), Elon Musk (Tesla/SpaceX), Jeff Bezos (Amazon), Bill Gates (Microsoft), and Mark Zuckerberg (Meta). Each built companies that fundamentally changed how the world works — from personal computing and smartphones to e-commerce, cloud computing, and social media.

What makes someone a successful entrepreneur?

Successful entrepreneurs share several traits: the ability to identify unmet needs, willingness to take calculated risks, relentless execution, and resilience in the face of failure. They combine vision with practical problem-solving and are willing to persist long after most people would quit. Capital and credentials matter far less than most people think — resourcefulness beats resources.

Can you become an entrepreneur without a business degree?

Absolutely. Many of the greatest entrepreneurs had no business education. Steve Jobs dropped out of college. Richard Branson left school at 16. Sara Blakely was selling fax machines. Henry Ford had no formal engineering training. Jack Ma was an English teacher. What matters is not the degree — it is the ability to see an opportunity, build something people want, and persist through failure.

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