David Sacks Net Worth, Age, Height, Weight, Career, Wife, Biography

David Sacks is a prominent figure in the tech industry. He is known for his role as a venture capitalist and entrepreneur. His career spans many influential companies. This article will explore David Sacks net worth, age, height, weight, career, wife, and biography.

Understanding David Sacks helps us appreciate his contributions. His journey offers insights into the tech world. This article will provide a comprehensive look at his life. We’ll cover facts that highlight his achievements and influence.

Attribute	Details
Full Name	David Sacks
Date of Birth	May 25, 1972
Age	51 years (as of 2023)
Height	6 feet (183 cm)
Weight	Approximately 180 lbs (82 kg)
Net Worth	Approximately $200 million
Education	Stanford University (Economics)
Notable Companies	PayPal, Yammer, Geni.com, Craft Ventures
Spouse	Ginger Sacks
Children	Two
Hobbies	Reading, traveling, fitness

David Sacks Net Worth

Financial Overview

David Sacks’ net worth is estimated to be around $200 million. His wealth stems from successful ventures and investments. The sale of PayPal and Yammer significantly contributed to this figure. They laid a strong financial foundation for his future.

Investing in promising startups has also boosted his net worth. Sacks is known for identifying lucrative opportunities. His strategic investments continue to pay off. This illustrates his expertise in the venture capital space.

Breakdown of Assets

• Real Estate Investments: Sacks owns several properties.
• Stock Holdings: Significant investments in tech companies.
• Business Ventures: Profits from various startups.

Asset Type	Estimated Value
Real Estate	$50 million
Stock Holdings	$100 million
Business Ventures	$50 million

Early Life and Background

David Sacks was born in 1972 in Cape Town, South Africa. He moved to the United States for higher education. He attended Stanford University, where he studied economics. This academic background laid the groundwork for his career.

After graduating, Sacks ventured into the tech industry. His early experiences were with established companies. He gained valuable insights that shaped his future. These experiences would be crucial in his later successes.

Career Beginnings

Early Career

David Sacks began his career at PayPal in 1999. He served as COO, helping the company grow rapidly. His leadership played a key role in its success. He later became part of the executive team that sold PayPal to eBay.

After PayPal, he co-founded Yammer in 2008. This enterprise social networking service gained popularity quickly. Microsoft acquired Yammer in 2012 for $1.2 billion. This deal significantly boosted Sacks’ reputation in the tech community.

Entrepreneurial Ventures

Sacks has launched several successful companies. He is a co-founder of Geni.com, a genealogy website. This platform allows users to build family trees online. His efforts helped raise awareness about genealogy.

Another notable venture is Craft Ventures. This venture capital firm focuses on early-stage startups. Sacks uses his expertise to guide emerging businesses. His investments reflect his keen eye for potential.

Personal Life

David Sacks Wife

David Sacks is married to Ginger Sacks. Together, they have two children. The family values privacy and maintains a low profile. However, they are active in their local community.

Sacks often shares insights about balancing work and family life. He emphasizes the importance of time management. This approach has contributed to his overall well-being. It also showcases his dedication to family.

Lifestyle and Interests

Sacks enjoys various hobbies outside of work. He is passionate about reading and learning. This thirst for knowledge keeps him engaged. He often shares book recommendations with friends.

Traveling is another interest of Sacks. He believes it broadens perspectives. Exploring new cultures enriches his understanding of the world. This is evident in his business dealings.

Age, Height, and Weight

Personal Statistics

David Sacks is currently 51 years old. His birthday is on May 25, 1972. Despite his busy schedule, he maintains good health. His height is approximately 6 feet tall.

Health and Fitness

Sacks emphasizes the importance of fitness. Regular exercise is part of his routine. He believes staying active is crucial for success. This commitment helps him manage stress effectively.

Achievements and Recognition

Notable Awards

Sacks has received numerous accolades throughout his career. He is recognized for his contributions to technology and entrepreneurship. His leadership at Yammer earned him significant respect. This respect extends throughout the venture capital community.

His insights are often sought after at industry events. Sacks frequently speaks on topics related to innovation. His ability to inspire others is widely acknowledged. He continues to be a thought leader in tech.

Contributions to the Tech Community

David Sacks actively mentors young entrepreneurs. He believes in giving back to the community. His efforts help foster new talent in the industry. This commitment strengthens the tech ecosystem.

Additionally, he participates in various philanthropic efforts. Sacks supports education and health initiatives. His generosity reflects his values and priorities. This enhances his reputation even further.

FAQs

What is David Sacks’ net worth?

David Sacks’ net worth is estimated to be around $200 million.

How old is David Sacks?

David Sacks was born on May 25, 1972, making him 51 years old.

Who is David Sacks’ wife?

David Sacks is married to Ginger Sacks, and they have two children.

What companies has David Sacks founded?

He co-founded Yammer and Geni.com, among other ventures.

Where did David Sacks go to school?

David Sacks attended Stanford University, where he studied economics.

Conclusion

David Sacks is a significant figure in the tech industry, renowned for his entrepreneurial spirit and leadership. His journey from South Africa to Silicon Valley exemplifies determination and vision. With a net worth of approximately $200 million, he has made substantial contributions through ventures like PayPal and Yammer.

As a dedicated family man, he balances personal life with professional achievements. Sacks continues to mentor young entrepreneurs, fostering innovation in the tech community. His legacy reflects both business acumen and a commitment to giving back.