David Sacks, a prominent figure in the tech industry, began his career in the early 1990s, initially working as a software engineer at Microsoft. He then moved on to Apple, where he contributed to the development of the Newton, an early personal digital assistant. Sacks’ big break came in 1998 when he co-founded PayPal, a company that revolutionized the digital payment landscape. His role as the company’s first COO and later CEO brought him significant recognition and fame.

David Sacks’ Current Net Worth (2025)

As of 2025, David Sacks’ current net worth is estimated to be around $1.2 billion. This significant figure reflects his successful career as a venture capitalist and entrepreneur.

Career

David Sacks is a prominent figure in the Silicon Valley tech industry. He co-founded PayPal in 1998 and served as its CEO until 2002. After PayPal’s acquisition by eBay, Sacks became the CEO of Yammer, a business social network, which was acquired by Microsoft in 2012. He is currently a venture capitalist at Craft Ventures, focusing on early-stage investments in tech companies.

Other Ventures

In addition to his role at Craft Ventures, Sacks has invested in various successful startups such as Uber, Airbnb, and Twitter. He is also a co-founder of the venture firm Craft Ventures, which focuses on investing in early-stage technology companies. Furthermore, Sacks is an active philanthropist, donating to various causes and initiatives through his foundation, the Sacks Family Foundation.

Assets

David Sacks’ assets include a significant stake in PayPal, which he co-founded, as well as investments in various successful tech companies. He also owns a luxurious home in Atherton, California, valued at around $20 million. Additionally, Sacks has a diverse portfolio of investments, including real estate and venture capital funds.

Annual Income

David Sacks’ annual income is primarily derived from his investments and his role as a venture capitalist at Craft Ventures. His exact annual income is not publicly disclosed. However, given his net worth and successful career, it is estimated to be in the tens of millions of dollars per year.

Frequently Asked Questions about  David Sacks

Frequently Asked Questions: David Sacks Net Worth

1. What is David Sacks’ net worth?

David Sacks’ net worth is estimated to be around $1.5 billion.

2. How did David Sacks make his money?

David Sacks made his fortune through various entrepreneurial ventures, including co-founding PayPal and Yammer, as well as serving as an early investor in companies like Uber and Airbnb.

3. What is David Sacks’ role in PayPal?

David Sacks was one of the co-founders of PayPal and served as its first COO. He played a crucial role in the company’s growth and eventual acquisition by eBay.

4. What is Yammer and what is David Sacks’ role in it?

Yammer is a business social network that was founded by David Sacks in 2008. He served as the CEO until the company was acquired by Microsoft in 2012.

5. What other companies has David Sacks invested in?

David Sacks has invested in numerous successful companies, including Uber, Airbnb, SpaceX, and Palantir.

6. What is David Sacks’ educational background?

David Sacks graduated from Stanford University with a Bachelor of Science degree in Engineering. He also has an MBA from the Stanford Graduate School of Business.

7. What is David Sacks’ political affiliation?

David Sacks is a registered Democrat and has been a donor to various political campaigns and causes.

8. What is David Sacks’ philanthropic work?

David Sacks has been involved in various philanthropic efforts, including donating to organizations focused on education, poverty alleviation, and disaster relief.

9. What are David Sacks’ interests outside of business?

David Sacks is known for his interest in politics, technology, and media. He has written for publications like The New York Times and The Wall Street Journal, and he is also a film producer.

10. What is David Sacks’ current role?

David Sacks is the founder and CEO of Craft Ventures, a venture capital firm that he co-founded with Bill Lee in 2017. He also serves on the boards of several companies and is involved in various philanthropic endeavors.