Dave Mccormack Net Worth (Updated 2026).
Dave McCormack, a prominent figure in the world of sports, was born and raised in the small town of Andale, Kansas. Growing up, he was a natural athlete, excelling in various sports, but it was basketball that captured his heart and attention. His talent was evident from an early age, and it wasn’t long before he was making a name for himself on the local court.
After graduating from Andale High School, McCormack made the decision to further his education and basketball career at the University of Kansas. It was here that he truly began to make a mark on the national stage. As a Jayhawk, he was a dominant force on the court, earning numerous accolades and helping his team reach new heights. His impressive performance during his college career caught the eye of NBA scouts, setting the stage for his professional debut.
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Dave McCormack’s Current Net Worth (2025)
As of 2025, Dave McCormack’s net worth is estimated to be around $1.5 billion. This significant wealth is primarily attributed to his successful career in the tech industry, particularly his role as the CEO of Square.
Career
Dave McCormack, born in 1975, is an American businessman and the CEO of Square, a financial services and digital payment company. He joined Square in 2015 as the Chief Financial Officer and was appointed as the CEO in 2019, succeeding the company’s founder, Jack Dorsey.
Other Ventures
Before Square, McCormack held various senior roles at other prominent companies. He served as the CFO of PayPal from 2010 to 2015. Prior to that, he worked at Google, where he led the finance efforts for several products, including Google Maps and Google Wallet.
Assets
McCormack’s assets include a substantial stake in Square, valued at over $1 billion as of 2025. He also owns several properties, including a home in San Francisco and a vacation home in Lake Tahoe. Additionally, he has invested in various tech startups and venture capital funds.
Annual Income
As the CEO of Square, McCormack’s annual income is significant. In 2020, his total compensation was reported to be around $30 million, including his salary, stock awards, and other compensation. However, this figure can vary year by year based on the company’s performance and McCormack’s role in its growth.
Frequently Asked Questions about Dave Mccormack
**Frequently Asked Questions: Dave McCormack Net Worth**
1. What is Dave McCormack’s net worth?
Dave McCormack’s net worth is estimated to be around $500 million.
2. How did Dave McCormack make his fortune?
Dave McCormack made his fortune through his successful career as a software engineer and entrepreneur. He co-founded and served as the CEO of the data storage company, EMC, which was later acquired by Dell.
3. What is Dave McCormack’s role at Dell Technologies?
After the acquisition of EMC by Dell, Dave McCormack served as the President and COO of Dell EMC’s Enterprise Infrastructure business. He later transitioned to a strategic role within Dell Technologies.
4. What other ventures has Dave McCormack been involved in?
Dave McCormack has been involved in several other ventures, including serving as a venture partner at the venture capital firm, Matrix Partners. He has also been an active angel investor in various tech startups.
5. What is Dave McCormack’s educational background?
Dave McCormack holds a Bachelor of Science degree in Electrical Engineering from the University of Massachusetts Amherst.
6. When was Dave McCormack born?
Dave McCormack was born on March 29, 1958.
7. Where was Dave McCormack born?
Dave McCormack was born in Boston, Massachusetts, USA.
8. Is Dave McCormack married?
Yes, Dave McCormack is married. However, details about his wife and family are not widely available.
9. What is Dave McCormack’s philanthropic work like?
Dave McCormack is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various institutions, including his alma mater, the University of Massachusetts Amherst.
10. What are Dave McCormack’s hobbies and interests?
Dave McCormack is known to have interests in outdoor activities such as hiking and skiing. He is also a passionate reader and an avid supporter of the arts.
