David Sacks Net Worth 2023: We are publishing this article in response to requests from and comments from our readers. Continue reading to find out more about David Sacks net worth 2023 and Biography.
David Sacks Net Worth
In 2023, David Sacks net worth will be $1.5 billion. Through his business ventures, executive positions, and investments in organizations like Twitter, Facebook, Uber, SpaceX, Tesla, Palantir, and many others, he has amassed a substantial fortune. He is a businessman, investor, and author from the United States. He is a general partner and co-founder of the venture capital company Craft Ventures. He is also the founder and CEO of Yammer, the interim CEO of Zenefits, and the former COO and product leader of PayPal.
David Sacks Net Worth 2023 : Detail Overview
|David Sacks Net worth 2023||$1.5 billion|
|Age||51 Year (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|
David Sacks Biography
David Oliver Sacks is an American businessman, author, and investor who was born on May 25, 1972. He is a general partner and co-founder of the venture capital firm Craft Ventures. He is also the founder and CEO of Yammer, the interim CEO of Zenefits, and the former COO and product leader of PayPal.
Sacks was born in Cape Town, South Africa, and moved to the US when he was five years old with his family. He attended Stanford University and the Memphis University School in Memphis, Tennessee, where he earned a degree in economics in 1994. Sacks worked for McKinsey & Company as a management consultant after graduating from Stanford.
Sacks joined PayPal in 1999 and held the positions of COO and product manager. Sacks assisted in guiding PayPal through its 2002 acquisition by eBay. Sacks established Geni.com, a social networking website for family trees, in 2003. Up until 2008, he was the CEO of Geni.
Sacks joined Microsoft in 2008 and became the CEO of Yammer there. Microsoft purchased Yammer in 2012. Sacks co-founded the venture capital firm Craft Ventures in 2012. Slack, Coinbase, and Glossier are just a few of the successful startups in which he has invested. “The Startup Owner’s Manual” is another book by Sacks.
Sacks frequently speaks at conferences and other tech-related gatherings. He also co-hosts the “All In” podcast. Sacks is a part of the PayPal Mafia, a collection of former PayPal workers who later founded or invested in profitable startups.
Following are a few of David Sacks notable achievements:
- aided in guiding PayPal through its 2002 acquisition by eBay.
- founded Geni.com, a family tree-focused social networking site.
- acted as the CEO of Yammer, which Microsoft bought in 2012.
- Founded Craft Ventures with another person.
- the creator of “The Startup Owner’s Manual”.
- speaks frequently at tech conferences and events.
- The “All In” podcast’s co-host.
- Participant in the PayPal Mafia.
Entrepreneur, investor, and author David Sacks has achieved success in these fields. His work helped to shape how we live and work and has significantly contributed to the technology sector.
David Sacks yacht
David Sacks is no longer the owner of a yacht. In 2022, he disposed of his yacht Rainmaker. A Westport yacht measuring 112 feet was the vessel. It could accommodate 8 passengers in 4 staterooms and cruise at a speed of 20 knots.
David Sacks Private Jet
According to reports, David Sacks owns a Gulfstream G550 private plane. The G550 is a twin-engined, long-range jet with room for 19 passengers. It has a range of 6,750 nautical miles and a top speed of Mach 0.85.
Sacks paid $12 million for the yacht in 2011. In 2022, he sold it for $10 million. Currently known as Milk Money, the yacht is owned by a group of Florida-based investors.
The G550 is a preferred option for wealthy people and companies. It is renowned for its range, comfort, and speed. Sacks’ G550 is probably furnished with a variety of conveniences, such as a bed, a shower, and a cutting-edge entertainment system.
Sacks can get to any place in the world quickly and comfortably thanks to his private jet. It is an important asset for both his professional and personal lives.
David Sacks Family
Jacqueline Tortorice is the wife of David Sacks. Three kids total—two daughters and one son—were born to the couple. They are Californians who reside in San Francisco.
- Mom-at-home Jacqueline Tortorice raises her children. She’s a native of New York City.
- 2009 saw the birth of their eldest daughter, Isabelle.
- Georgia, their middle child, was born in 2011.
- Henry, their youngest son, was born in 2014.
Successful entrepreneur and investor David Sacks. He is a co-founder and partner of the venture capital firm Craft Ventures. Additionally, he wrote the book.
“The Startup Owner’s Manual.”
David and Jacqueline Sacks are a private family. They don’t open up much to the public about their private lives. But they have a reputation for being involved in their neighborhood and for supporting a variety of charitable causes.
Here are some additional details about David Sacks’ family
- David Sacks wife: Jacqueline, is a graduate of the University of Pennsylvania.
- David Sacks two daughters: Isabelle and Georgia, attend the San Francisco Waldorf School.
- David Sacks son, Henry, attends the San Francisco Day School. The Sacks family is Jewish.
David Sacks is a devoted father and husband. He is committed to both his job and his family. He is a wealthy businessman and investor in addition to being considerate and caring.
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 got married in 2007 after meeting in 2005. Together, they are parents to Henry, Georgia, and Isabelle.
Mom-at-home Jacqueline Tortorice raises her children. She is originally from New York City and holds an English degree from the University of Pennsylvania. She has written for a variety of publications, including The New York Times and The Wall Street Journal, and she is a talented writer.
Being a private couple, David and Jacqueline Sacks doesn’t divulge many details about their private lives to the general public. They do, however, have a reputation for being involved in their community and supporting a number of worthwhile causes.
David Oliver Sacks, a businessman from South Africa who lives in America, is married to Jacqueline Tortorice. 16 years have passed since they got married. With 986 followers, Jacqueline Tortorice is active on Instagram. For more than ten years, she has been in charge of setting up, running, and expanding the Sacks Family Office to meet the needs of the family.
David Sacks Social Media Accounts