Bob Lee, often recognized as the founder of Cash App, started his career in the tech industry with a degree in Computer Science from Stanford University. After graduation, he worked at Google, where he honed his skills in software development and management. In 2010, Lee co-founded Square, a mobile payment company, with Jack Dorsey, where he served as the Chief Technology Officer.

Lee’s fame began to grow when Square launched Cash App in 2013, a peer-to-peer payment service that allowed users to send and receive money using just a phone number. The app’s simplicity and ease of use resonated with users, and it quickly gained popularity. Lee’s leadership and innovative approach to financial technology helped propel Cash App to become one of the most successful fintech applications in the U.S.

Cash App Bob Lee’s Current Net Worth (2025)

As of 2025, Cash App co-founder Bob Lee’s net worth is estimated to be around $1.5 billion. This significant wealth can be largely attributed to his role in creating and growing Cash App, a peer-to-peer payment service that has become incredibly popular and valuable.

Career

Bob Lee started his career as a software engineer at Google, where he worked on various projects, including Google Maps. In 2013, he co-founded Square Cash, now known as Cash App, with Jack Dorsey. Under Lee’s leadership as the initial CTO, Cash App grew from a simple peer-to-peer payment service to a full-fledged financial platform.

Other Ventures

Beyond Cash App, Lee has been involved in other ventures. He co-founded the cryptocurrency exchange company FTX in 2019, serving as its CEO until 2021. He also invested in and advised several other startups in the fintech and blockchain spaces.

Assets

Lee’s assets primarily consist of his stake in Cash App’s parent company, Block Inc., and his investments in other companies. He also owns properties in San Francisco and other locations. His stake in FTX, though reduced after its collapse, remains a significant part of his portfolio.

Annual Income

Bob Lee’s annual income is primarily derived from his equity in Block Inc. and any dividends or distributions from his investments. His exact annual income is not publicly disclosed, but it’s safe to assume it’s substantial given his net worth and equity holdings.

Frequently Asked Questions about  Cash App Bob Lee

Frequently Asked Questions: Cash App Bob Lee Net Worth

1. Who is Bob Lee?

Bob Lee is the founder and former CEO of Cash App, a mobile payment service owned by Block Inc. (formerly Square Inc.). He co-founded the company in 2013 and served as its CEO until 2021.

2. What is Cash App?

Cash App, also known as Square Cash, is a mobile payment service that allows users to send, receive, and request money, as well as invest in stocks and Bitcoin. It was launched in 2013 by Block Inc. (formerly Square Inc.).

3. How did Bob Lee become the CEO of Cash App?

Bob Lee co-founded Cash App in 2013 with other executives from Square Inc. (now Block Inc.). He served as the CEO of Cash App from its inception until 2021.

4. When did Bob Lee step down as the CEO of Cash App?

Bob Lee stepped down as the CEO of Cash App in 2021. His departure was announced in October 2021, and he was succeeded by Brian Grassadonia, the former general manager of Cash App.

5. What is Bob Lee’s net worth?

As of the latest estimates, Bob Lee’s net worth is around $1 billion.

6. How did Bob Lee make his fortune?

Bob Lee made his fortune primarily through his role as the founder and CEO of Cash App. He also holds equity in Block Inc. (formerly Square Inc.), which owns Cash App.

7. What is Bob Lee’s role at Block Inc. (formerly Square Inc.) after leaving Cash App?

After stepping down as the CEO of Cash App, Bob Lee took on a new role at Block Inc. (formerly Square Inc.) as the chief product officer. However, in December 2021, it was announced that Lee would be leaving the company entirely.

8. What is Bob Lee’s educational background?

Bob Lee holds a Bachelor of Science degree in Computer Science from the University of Illinois at Urbana-Champaign.

9. What other companies has Bob Lee worked for before Cash App?

Before co-founding Cash App, Bob Lee worked at Google for over a decade. He joined Google in 2003 and held various roles, including engineering director and product manager, before leaving in 2013 to start Cash App.

10. What is Bob Lee’s involvement with Bitcoin and cryptocurrency?

Cash App has been one of the main platforms for buying and selling Bitcoin, and as the CEO, Bob Lee played a significant role in integrating cryptocurrency into the app’s services. However, his personal involvement with Bitcoin and other cryptocurrencies outside of his role at Cash App is not publicly known.