The Wild Life Of Tech Billionaire Jack Dorsey, Who Is Known For Eccentricities Like Eating One Meal A Day And Taking Ice Baths

• Jack Dorsey founded Twitter in 2006 and the company made him a billionaire.

• In 2021, he helped Elon Musk take control of the company by stepping down as Twitter CEO.

• Dorsey runs the financial services company Block and is known for his extravagant lifestyle.

From befriending Elon Musk to dispelling rumors that he sent facial hair to rapper Acialia Banks, Twitter founder Jack Dorsey leads an interesting life.

Dorsey has had a colorful career in Silicon Valley. He launched Twitter in March 2006 and was named CEO of the company two years later. After Dorsey left, he launched the financial payments platform Square in 2009 and renamed it Block in 2021. He joined Twitter in 2015.

He led Twitter through the social media tech madness, testified before Congress several times, and then became Twitter's CEO in 2021. Dorsey continued to lead the block in April 2022, changing his title from "Chief Block Officer" to "Chief Block Officer".

The tech entrepreneur has attracted a lot of controversy and criticism over the years, and like other billionaires, he has an impressive house, changes models and drives fast cars.

Here's what we know about Dorsey's professional development and her life outside of work.

Rebecca Borison, Madeleine Stone, Cathy Canales, Bethany Biron and Isobel Asher Hamilton contributed to earlier versions of this story.

Dorsey began programming while attending Bishop Dubourg High School in St. Louis.

According to Dorsey's biography, at age 15, Dorsey wrote a dispatcher program that some taxi companies still use today. He attended punk rock shows for fun.

Like many of his fellow tech billionaires, Dorsey never completed a college degree.

According to his bio, he briefly attended Missouri University of Science and Technology before transferring to New York University for a semester before graduating in 1999 to focus on his Twitter idea.

In 2000, Dorsey created a simple prototype designed to update his friends about his life via BlackBerry and email.

Friends didn't like experiments with BlackBerry's previous code base, described in a 2013 New Yorker article. In around 2002, according to the Wall Street Journal, she became a professional massage therapist.

He got a job at the podcast company Odeo, where he met the future co-founders of Twitter.

According to the Wall Street Journal, it was licensed around 2002 before it exploded onto the tech scene.

On March 21, 2006, Dorsey posted his first tweet.

Dorsey made it easy on Twitter: “@jack” hasn’t changed since then. In 2007, Dorsey became Twitter's first CEO.

A year later, Dorsey was less active on Twitter.

In 2008, Williams became CEO and Dorsey became chairman of Twitter.

Dorsey immediately took on new projects. He invested in Foursquare and founded a payments startup that enables small business owners to accept credit card payments via smartphone.

In 2011, Dorsey had the opportunity to conduct President Barack Obama's first Twitter town hall interview.

Dorsey had to remind Obama to limit his replies to 140 characters, which was Twitter's limit at the time.

Twitter went public in November 2013 and Dorsey became a billionaire within hours.

In 2014, Forbes estimated Dorsey's net worth at $2.2 billion, and in 2021 it is said to be $12.5 billion.

A 2019 report found that Dorsey made just $1.40 million as Twitter CEO last year.

The $1.40 salary represents a raise for Dorsey, who has forgone all pay in recent years.

He's far from the only Silicon Valley bully making a dime: Mark Zuckerberg, who makes a dollar a year as CEO of Facebook.

With his new wealth he bought a BMW 3 Series, but wasn't able to drive it very often.

As Twitter founder Biz Stone told the New Yorker in 2013, "BMW is the only car I drive right now because it's the best car on the planet," or something like that.

He paid $9.9 million for this waterfront home on El Camino del Mar in San Francisco's exclusive Seacliff neighborhood.

The house overlooks the Golden Gate Bridge.

In 2018, Jack Dorsey told Kara Swisher that Elon Musk was his favorite Twitter user.

Dorsey said Musk's tweets were "designed to address current issues and openly share ideas."

He added that he enjoyed all the "ups and downs" of Musk's sometimes unpredictable use of the site. Musk himself praised and “Twitter Rock!” emoji followed by a random string.

Both Musk and Dorsey are cryptocurrency enthusiasts and maintain a friendly relationship.

Dorsey and other tech entrepreneurs like Zuckerberg once killed themselves by giving him a goat.

Dorsey spoke about it at a dinner with Rolling Stone in 2011. The Dorsey goat is served cold and accompanied by a salad.

Dorsey's eating habits have been shocking for years.

In 2019, Dorsey appeared on a podcast by The Health Guru, which previously claimed that vaccines cause autism. Dorsey said in the interview that he eats once a day and fasts all weekend. He said he felt like a nightmare the first time he tried to fast.

“It was a strange situation. But after doing it the next two times, it became very clear to me that our days were more focused on how much and how much we eat... It was a lot less back then," she said.

In a later interview with Wired, Dorsey said he eats out seven times a week, "just dinner."

Singer Azealia Banks claims she was sent to cut off Dorsey's beard to make a protective amulet, but Dorsey denies this happened.

In 2016, Banks wrote on her now-deleted Twitter account that Dorsey "sent" her hair. Dorsey later told The Huffington Post that the incident did not happen.

In September 2018, Jack Dorsey was questioned by lawmakers along with Facebook CEO Sheryl Sandberg.

During the event, Dorsey and Sandberg were asked about election interference on Twitter and Facebook, as well as the anti-conservative bias of social media companies.

During the hearing, Dorsey shared a photo of his racing heart on Twitter. He remained in the hot seat for several hours and his heart rate reached 109 beats per minute.

Dorsey has faced controversy herself. In 2018, he tweeted about his vacation in Burma.

Dorsey excitedly tweeted about her birthday vacation to Myanmar in December 2018. "If you want to travel a bit, go to Myanmar," he said.

The issue has reached its peak in the Rohingya crisis, when Dorsim came under fire for his promotion of the country - particularly after social media platforms were accused of being complicit in inciting hatred against the Rohingya.

Dorsey says he doesn't mind "looking bad."

In a rare interview with the Huffington Post in 2019, Donald Trump was asked whether if he asked his supporters to kill a journalist, they would be thrown out of the arena. Dorsey gave a vague answer that drew sharp criticism.

After the interview was published, Dorsey said he didn't care if it "looked bad."

“I want to be clear about how we think and see,” he said.

Dorsey testified before Congress again on October 28, 2020.

Dorsey spoke via videoconference during a Senate hearing on Section 230 of the U.S. bill, which shields internet companies from legal liability for user-generated content and gives them broad decision-making powers over how their platforms are managed.

In testimony prepared before the hearing, Dorsey said that repealing Section 230 would "disrupt the way we communicate online" and suggested that tech companies could be more transparent about their moderation processes.

And during the trial, Dorsey was again accused of being biased against conservatism.

The accusations from Republican lawmakers focus on the way Twitter enforces its policies, particularly the way it labels President Trump's tweets compared to other world leaders.

Although Dorsey spoke with Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai, he answered most of the lawmakers' questions.

A few weeks later, he appeared in another hearing with Zuckerberg, answering questions from Republicans unhappy with President Donald Trump's handling of his social media accounts.

When Dorsey is not in Washington, she often goes to ice baths and saunas.

Dorsey said on the Crypt podcast in March 2019 that he began using ice baths and saunas at night in 2016.

Bermel said he alternated between sitting in the sauna for 15 minutes and in an ice bath for about three minutes. He repeats this process three times, ending with a one-minute ice bath.

He also likes to take an ice bath to wake him up in the morning.

Dorsey's personal life deteriorated. In 2018, he was reportedly dating Sports Illustrated model Raven Lynn Cornell.

In September 2018, Page Six reported that they were spotted together at the Harper's Bazaar Icons Party during New York Fashion Week. Page Six reports that Dorsey's former co-stars include model and actress Lily Cole and ballerina Sofiana Silve.

In late 2019, Dorsey said he would be leaving the company for at least three months in 2020 and almost lost his position as CEO.

Dorsey's announcement follows visits to Ethiopia, Ghana, Nigeria and South Africa.

“Africa will shape the future (especially Bitcoin!). I don’t know where she is yet, but I will be there for three to six months in mid-2020,” he tweeted.

But activist investor Elliott Management has threatened to oust Dorsey as Twitter CEO.

The company wanted to oust Dorsey as CEO of Twitter between the two companies and financial technology company Square (now Block) as he plans to split his time and move to Africa.

But Dorsey was able to reach an agreement with Elliott Management.

On March 9, 2020, Twitter announced that it had reached an agreement with Elliott Management that Dorsey would remain as CEO.

The deal includes a $1 billion investment from private equity firm Silver Lake and Elliott Management, as well as Silver Lake Partners joining Twitter's board.

Patrick Pichette, chief executive of Twitter's board, said: "I'm confident they're on the right track with Jack's leadership," but said a new interim board committee will be formed to evaluate Twitter's leadership.

A year later, Twitter announced Dorsey's resignation as CEO.

CTO Parag Agrawal will take over as CEO, Twitter said.

“I’m not sure if anyone heard this, but I’m not on Twitter,” Dorsey wrote on Twitter.

On Twitter, he attached a screenshot of an email to Twitter employees announcing his resignation.

In May 2022, the term of office of the Board of Directors officially expired - the expected decision is linked to the general meeting of the company's shareholders.

Two days after Dorsey resigned as Twitter CEO, Square changed its name to Block.

“The name change creates additional growth opportunities,” the company said.

“Block” refers to our providers, the blockchain, blocks filled with music, obstacles to overcome, coding, building blocks and of course the contiguous blocks in which we find tungsten cubes.

The line about the tungsten cube was a clear reference to cryptocurrency enthusiasts who are willing to pay up to $3,500 for a luxurious tungsten cube.

In April 2022, Dorsey changed Block's official title from CEO to "Head of Block."

The name change was formalized by the Securities and Exchange Commission on April 20, 2022.

“There will be no changes to Mr. Dorsey’s role or responsibilities,” the document said.

Block's website has also been updated with a new name: Block Head.

Block is a big supporter of cryptocurrency and frequently posts about its benefits.

Dorsey is a fan of Bitcoin, calling it “sustainable” and “principled” in early 2019. In March of the same year, he told the Tales of the Crypt podcast that he had exceeded Square Cash's $10,000 weekly spending limit by purchasing Bitcoin.

In October 2020, Coinbase CEO Brian Armstrong criticized the company for suspending its employees, saying that cryptocurrency itself is a form of activity.

In July 2021, in a conversation titled “The Bee Word” with Kathy Wood, CEO of Mesk and Arc Invest, he expressed his hope that Bitcoin will help bring about “world peace.” He said he likes the Bitcoin community because it is “weird.” »

“The only reason I am where I am today is because I learned so much from the people who created Bitcoin,” Dorsey said.

Dorsey is no stranger to the public eye.

In August 2022, Twitter's former chief security officer Peter Zatko filed a whistleblower complaint with the SEC alleging that the company engaged in negligent security practices under Dorsey.

In the 84-page report and subsequent deposition, Zatko made several allegations against the company, including "significant deficiencies" in its security protocols and a "gross lack of focus" during Dorsey's final year as CEO. Twitter. .

A month later, Dorsey was fired and subpoenaed over another matter: Musk's $44 billion legal battle with Twitter over his proposed takeover of the company.

Musk's team accuses Twitter of defrauding investors and knowingly "miscounting" spam accounts, BI reported.

In 2022, private messages showed Dorsey trying to reach Musk on Twitter, a year before the Tesla CEO made a $44 billion offer.

In the news, Dorsey explained why he was leaving the company and Musk maintained his previous relationship with Twitter.

“We need a new platform. This can't be a business. That's why I'm leaving." Dorsey wrote to Musk, saying Twitter must be an "open source protocol" and cannot have an "advertising model."

Dorsey told Musk a year ago that he supported adding the Tesla CEO to Twitter's board. But his application was rejected, which left him “absolutely stupid and retarded.”

In October 2022, when Musk finalized his deal with Twitter, Dorsey quietly launched a beta version of his new social network, Bluesky Social.

The beta version of the blockchain-based company had 30,000 subscribers within two days. According to Bluesky's website, the company wants to "support a new social media foundation that gives creators platform independence, developers the freedom to create, and users choice in their experiences."

As of November 2023, the company says it has more than two million users.

Dorsey recently apologized on Twitter for some things that happened after Musk took power.

After Musk ordered massive layoffs on Twitter after taking office in November 2022, Dorsey apologized on Twitter: “I take responsibility for why everyone is in this situation. I increased the size of the company too quickly. "Sorry."

“The people of Twitter are as strong and strong as ever,” he said. “In difficult times you always find a way. I understand that a lot of people are mad at me.”

He continued: “Thank you so much and I love everyone on Twitter. I don't expect it back...or ever...and I understand.

And although he initially supported Musk's takeover, Dorsey didn't always agree with all of Tesla's CEO's decisions.

In 2022, Dorsey criticized the decision to change the birding feature on the Mask social networking site to “Community Notes,” calling it “the most boring Facebook name in history.”

In April 2023, the Twitter founder publicly criticized Musk's leadership in a series of social media posts on Friday, writing that "everything is going wrong" and that Musk should "scale down" the acquisition.

But in July 2023, Dorsey said, "Twitter is hard to manage" after Musk responded by announcing "speed limits" on posting tweets.

“I wouldn’t wish this stress on anyone,” Dorsey tweeted. I am sure that the team is doing its best despite the enormous restrictions. It's easy to criticize solutions from afar...what a sin...but I know the goal is to make Twitter flourish. to be like that."

When Musk changed Twitter's name to X last year, Dorsey asked him to "calm down."

Read the original article on Business Insider.

Jack Dorsey on Elon Musk!!!!😱😱