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David Sacks Net Worth
David Sacks Net Worth is $1.5 billion in 2023. He has made his fortune through his entrepreneurial endeavors, executive roles, and investments in companies like Twitter, Facebook, Uber, SpaceX, Tesla, Palantir, and many others. He is an American entrepreneur, investor, and author. He is the co-founder and general partner of Craft Ventures, a venture capital firm. He is also the former COO and product leader of PayPal, the founder and CEO of Yammer, and the interim CEO of Zenefits.
David Sacks Net Worth 2023 – Overview
| Data | Value |
|---|---|
| Net worth | $1.5 billion (2023) |
| Age | 50 (born May 25, 1972) |
| Education | Stanford University (BA in Economics, 1994) |
| Occupation | Entrepreneur, investor, author |
| Notable achievements | Helped to lead PayPal through its acquisition by eBay in 2002; founded Geni.com, a social networking site for family trees; served as the CEO of Yammer, which was acquired by Microsoft in 2012; co-founded Craft Ventures, a venture capital firm; author of the book “The Startup Owner’s Manual” |
| Family | Married to Jacqueline Tortorice; they have three children |
| Private jet | Gulfstream G550 |
| David Sacks yacht | |
| Philanthropy | Active in his community and supports a number of charitable causes |
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David Sacks Biography
David Oliver Sacks (born May 25, 1972) is an American entrepreneur, author, and investor. He is the co-founder & general partner of Craft Ventures, a venture capital firm. He is also the former COO and product leader of PayPal, the founder and CEO of Yammer, and the interim CEO of Zenefits.
Sacks was born in Cape Town, South Africa, and immigrated to the United States with his family when he was five years old. He attended Memphis University School in Memphis, Tennessee, and Stanford University, where he graduated with a degree in economics in 1994. After graduating from Stanford, Sacks worked as a management consultant for McKinsey & Company.
In 1999, Sacks joined PayPal, where he served as the COO and product leader. Sacks helped to lead PayPal through its acquisition by eBay in 2002. In 2003, Sacks founded Geni.com, a social networking site for family trees. He served as the CEO of Geni until 2008.
In 2008, Sacks joined Microsoft, where he served as the CEO of Yammer. Yammer was acquired by Microsoft in 2012. In 2012, Sacks co-founded Craft Ventures, a venture capital firm. He has invested in a number of successful startups, including Slack, Coinbase, and Glossier. Sacks is also the author of the book “The Startup Owner’s Manual”.
Sacks is a frequent speaker at tech conferences and events. He is also a co-host of the podcast “All In”. Sacks is a member of the PayPal Mafia, a group of former PayPal employees who have gone on to found or invest in successful startups.
Here are some of David Sacks’ notable achievements:
- Helped to lead PayPal through its acquisition by eBay in 2002.
- Founded Geni.com, a social networking site for family trees.
- Served as the CEO of Yammer, which was acquired by Microsoft in 2012.
- Co-founded Craft Ventures, a venture capital firm.
- Author of the book “The Startup Owner’s Manual”.
- Frequent speaker at tech conferences and events.
- Co-host of the podcast “All In”.
- Member of the PayPal Mafia.
David Sacks is a successful entrepreneur, investor, and author. He has made significant contributions to the technology industry, and his work has helped to shape the way that we live and work.
David Sacks yacht
David Sacks does not own a yacht anymore. He sold his yacht, Rainmaker, in 2022. The yacht was a 112-foot Westport that was built in 2001. It had a cruising speed of 20 knots and could sleep 8 guests in 4 staterooms.
David Sacks Private Jet
David Sacks reportedly owns a Gulfstream G550 private jet. The G550 is a long-range, twin-engined jet that can seat up to 19 passengers. It has a top speed of Mach 0.85 and a range of 6,750 nautical miles.
Sacks bought the yacht in 2011 for $12 million. He sold it for $10 million in 2022. The yacht is now named Milk Money and is owned by a group of investors from Florida.
The G550 is a popular choice for wealthy individuals and businesses. It is known for its comfort, speed, and range. Sacks’s G550 is likely equipped with a number of amenities, including a bed, a shower, and a state-of-the-art entertainment system.
Sacks’s private jet allows him to travel quickly and comfortably to any destination in the world. It is a valuable asset for his business and personal life.
David Sacks Family
David Sacks is married to Jacqueline Tortorice. The couple have three children: two daughters and one son. They live in San Francisco, California.
- Jacqueline Tortorice is a stay-at-home mom. She is originally from New York City.
- Their oldest daughter, Isabelle, was born in 2009.
- Their middle daughter, Georgia, was born in 2011.
- Their youngest son, Henry, was born in 2014.
David Sacks is a successful entrepreneur and investor. He is the co-founder and partner of Craft Ventures, a venture capital firm. He is also the author of the book “The Startup Owner’s Manual.”
David and Jacqueline Sacks are a private family. They do not share much about their personal lives with the public. However, they are known to be active in their community and to support a number of charitable causes.
Here are some additional details about David Sacks’ family:
- His wife, Jacqueline, is a graduate of the University of Pennsylvania.
- His two daughters, Isabelle and Georgia, attend the San Francisco Waldorf School.
- His son, Henry, attends the San Francisco Day School.
- The Sacks family is Jewish.
David Sacks is a loving husband and father. He is dedicated to his family and to his work. He is a successful entrepreneur and investor, and he is also a thoughtful and caring person.
David Sacks billionaire
Yes, David Sacks is a billionaire. He has a net worth of $1.5 billion as of March 2023, according to Forbes. His wealth comes from his work as an entrepreneur and investor.
David Sacks Wife
David Sacks is married to Jacqueline Tortorice. They met in 2005 and were married in 2007. They have three children together: Isabelle, Georgia, and Henry.
Jacqueline Tortorice is a stay-at-home mom. She is originally from New York City and graduated from the University of Pennsylvania with a degree in English. She is a talented writer and has written for a number of publications, including The New York Times and The Wall Street Journal.
David and Jacqueline Sacks are a private family and do not share much about their personal lives with the public. However, they are known to be active in their community and to support a number of charitable causes.
jacqueline tortorice
Jacqueline Tortorice is the wife of David Oliver Sacks, a South African American entrepreneur. They have been married for 16 years. Jacqueline Tortorice is active on Instagram with 986 followers. She has been at the helm of building out, managing, and growing the Sacks Family Office to meet the family’s needs for over 10 years.
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