Jim Mckelvey Net Worth (Updated 2025).

Jim Mckelvey, a name now synonymous with innovation and entrepreneurship, began his career in an unconventional manner. After graduating from the University of Missouri with a degree in Journalism, Mckelvey found himself working odd jobs, including a stint as a reporter and even a brief period as a bartender. It was during this time that he started to tinker with the idea of creating a platform that would connect buyers and sellers directly, eliminating the need for middlemen. This idea would eventually evolve into Square, the mobile payment company that catapulted Mckelvey to fame.

**Jim McKelvey’s Current Net Worth (2025)**

As of 2025, Jim McKelvey’s net worth is estimated to be around $10 billion. This significant figure is a testament to his successful entrepreneurial career and strategic investments.

**Career**

Jim McKelvey is an American entrepreneur and co-founder of Square, a financial services and digital payment company. He serves as the Executive Chairman of Square and has been instrumental in its growth since its inception in 2009. Prior to Square, McKelvey co-founded a glass-blowing studio in St. Louis, Missouri, and later sold it to found his first tech startup, a mobile payments company called NetSpend.

**Other Ventures**

In addition to Square, McKelvey has invested in various other ventures, including Anduril Industries, a technology company focused on border security, and Planet Labs, a satellite imagery company. He is also a co-owner of the St. Louis Blues, an NHL team. McKelvey’s investment portfolio reflects his interest in technology, security, and sustainable solutions.

**Assets**

McKelvey’s assets primarily consist of his stake in Square, valued at over $9 billion as of 2025. He also owns properties in St. Louis, Missouri, and a private jet. His art collection, which includes works by renowned artists like Andy Warhol and Jean-Michel Basquiat, is another notable asset.

**Annual Income**

Jim McKelvey’s annual income is primarily derived from his role at Square. As of 2025, his base salary is $1, and he receives additional compensation through stock awards and other incentives. In 2024, his total compensation was approximately $100 million, primarily consisting of stock awards.

Frequently Asked Questions about  Jim Mckelvey

Jim McKelvey FAQs

1. What is Jim McKelvey’s net worth?

Jim McKelvey’s net worth is estimated to be around $1 billion.

2. How did Jim McKelvey make his fortune?

Jim McKelvey co-founded Square, a mobile payment company, with Jack Dorsey in 2009. He also founded Mira, a company that creates glass products, in 1992.

3. What is Jim McKelvey’s role at Square?

Jim McKelvey serves as the Executive Chairman of Square’s board of directors.

4. What inspired Jim McKelvey to start Square?

Jim McKelvey was inspired to start Square after his friend, Jack Dorsey, had trouble selling glass art because he couldn’t accept credit card payments.

5. What other ventures has Jim McKelvey been involved in?

Besides Square and Mira, Jim McKelvey has also invested in and advised several other startups, including Uber and Twitter.

6. What is Jim McKelvey’s educational background?

Jim McKelvey graduated from Washington University in St. Louis with a degree in engineering.

7. What is Jim McKelvey’s philanthropic work like?

Jim McKelvey is known for his philanthropic work, including donating $1 million to the Washington University in St. Louis’ engineering school and supporting various arts organizations.

8. What is Jim McKelvey’s approach to entrepreneurship?

Jim McKelvey believes in the power of entrepreneurship to solve problems and create opportunities. He often emphasizes the importance of taking risks and learning from failures.

9. What is Jim McKelvey’s view on the future of finance?

Jim McKelvey believes that the future of finance lies in making it more accessible and inclusive, using technology to reach the unbanked and underbanked.

10. What is Jim McKelvey’s advice for aspiring entrepreneurs?

Jim McKelvey often advises aspiring entrepreneurs to focus on solving real problems, take risks, and not be afraid to fail. He also emphasizes the importance of perseverance and learning from failures.