Who is Jim McKelvey, the billionaire who bet on businesses that revolutionized the digital market

Who is Jim McKelvey, the billionaire who bet on businesses that revolutionized the digital market

October 19, 2024 – 7:30 p.m.

Together with Jack Dorsey, he created a company that has more than 3,500 employees and is currently valued at US$30B

Jim McKelvey is currently the head of Squarethe company he founded together with Jack Dorseyone of the founders of Twitter. Square is an online platform that revolutionized payment methods. It was the first to make it possible to have all personal debit and credit cards on mobile devices. Today, it is valued at 30 Billion dollars.

Also founded LaunchCode, a non-profit organization which makes it possible for anyone to learn to program for free and obtain a full-time job in the area in less than six months. It is an open model and can be used by anyone, its real objective is to solve the shortage of programmers in the world.

Jim McKelvey

What are Jim McKelvey’s main businesses?

Although it was with the revolutionary Square, with which he became a millionaire, he has a great commitment to improve the current situation of information processing and data management. In addition to LaunchCode, which serves as a stimulus for more people to learn programming at no cost, he is co-founder of Invisibly, a company that is dedicated to creating a future where people can have control of their data and their attention is not directed or manipulated

This demonstrates your understanding of the current context and the technological knowledge of companies that are favored through algorithms and have access to data that, he understands, should be private. He is also recognized in the artistic circle as an author and master glass artist. His industrial designs are part of the Museum of Modern Art in New York and the Smithsonian in Washington DC.

How much is Jim McKelvey’s fortune, according to Forbes

According to Forbes magazine, he is ranked 1764 among the richest people in the world, and his fortune is currently valued at 1.8 billion dollars.

Source: Ambito

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