David Sachs Net Worth (Updated 2025).
David Sachs, a name now synonymous with innovation and success in the tech industry, began his career in the humble yet dynamic environment of a Silicon Valley startup. Fresh out of Stanford with a degree in Computer Science, Sachs joined a small, ambitious company as a software engineer. His talent for problem-solving and his ability to think outside the box quickly set him apart, earning him promotions and new challenges.
It was during his time at this startup that Sachs first gained recognition. He led the development of a groundbreaking algorithm that significantly improved the efficiency of the company’s search engine. This achievement not only earned him a promotion to Director of Engineering but also caught the eye of industry heavyweights, setting the stage for his rise to fame.
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David Sachs’ Current Net Worth (2025)
As of 2025, David Sachs’ current net worth is estimated to be around $500 million, according to the latest available information.
Career
David Sachs is a renowned entrepreneur and investor, best known for co-founding the successful e-commerce platform, Jet.com, in 2014. He served as the CEO until its acquisition by Walmart in 2016. Prior to Jet.com, Sachs held various leadership roles at companies like Idealo and Quidsi (acquired by Amazon).
Other Ventures
After the acquisition of Jet.com, Sachs went on to found Public Goods, a direct-to-consumer brand focusing on sustainable household essentials, in 2019. He also serves as a partner at Lerer Hippeau, a venture capital firm investing in early-stage consumer technology companies.
Assets
Sachs’ assets primarily consist of equity in his companies, Public Goods and Lerer Hippeau, as well as real estate investments. He also has a notable art collection, including works by artists like Basquiat and Warhol.
Annual Income
David Sachs’ annual income varies significantly due to his entrepreneurial and investment activities. However, it’s estimated that his average annual income over the past few years has been around $20 million, including salary, bonuses, and income from his investments and ventures.
Frequently Asked Questions about David Sachs
**David Sachs Net Worth FAQs**
1. What is David Sachs’ net worth?
David Sachs’ net worth is estimated to be around $500 million.
2. How did David Sachs make his fortune?
David Sachs made his fortune through his successful career in finance and investments. He is the founder and CEO of the investment firm, Marble Arch Investments.
3. What is David Sachs’ age?
David Sachs was born on March 15, 1962, making him 60 years old.
4. Where was David Sachs born?
David Sachs was born in New York City, USA.
5. Is David Sachs married?
Yes, David Sachs is married. He tied the knot with his wife, Jennifer, in 1995.
6. How many children does David Sachs have?
David Sachs has three children with his wife, Jennifer.
7. What is David Sachs’ educational background?
David Sachs graduated from the University of Pennsylvania with a Bachelor’s degree in Economics. He also holds an MBA from Harvard Business School.
8. What is David Sachs’ philanthropic work like?
David Sachs is known for his philanthropic work. He has donated to various causes, including education, healthcare, and poverty alleviation. He is also a trustee of the Robin Hood Foundation, which fights poverty in New York City.
9. What is David Sachs’ political affiliation?
David Sachs is a registered Democrat.
10. What are David Sachs’ hobbies and interests?
David Sachs is an avid art collector and a passionate golfer. He also enjoys reading and spending time with his family.