Cash App Founder Net Worth (Updated 2025).

Born in 1987, the Cash App founder, known as “Bobby,” began his entrepreneurial journey at a young age. While studying at Stanford University, he co-founded his first company, a social media platform called Yelp, which he later sold for $720 million. This initial success led him to explore other business ventures.

In 2013, Bobby founded Square, a financial services company that allows businesses to accept credit card payments through a mobile device. Five years later, he launched Cash App, a peer-to-peer payment app that has since become a cultural phenomenon, with users ranging from everyday individuals to celebrities.

Cash App Founder’s Current Net Worth (2025)

As of 2025, the latest available information estimates the net worth of Cash App’s founder, Bob Lee, to be around $1.5 billion. This significant figure reflects his successful entrepreneurial journey and the immense value he has created through his innovative fintech platform.

Career

Bob Lee’s career began at Google, where he worked on the Android operating system. In 2013, he co-founded Square, a mobile payment company, with Jack Dorsey. Lee served as the CTO of Square until 2018, playing a pivotal role in the company’s growth and success. In 2018, he founded Cash App, a peer-to-peer payment service that has since become one of Square’s most valuable assets.

Other Ventures

Besides Cash App, Lee has been involved in several other ventures. He is a co-founder of the 0fees project, an open-source initiative aimed at creating a decentralized, trustless, and permissionless financial system. Lee is also an active investor and advisor to various startups in the fintech and blockchain spaces.

Assets

Lee’s assets primarily consist of his stakes in Square and Cash App. As of 2025, he owns a significant percentage of Square’s Class B shares, which give him substantial voting power in the company. He also holds a considerable amount of Cash App’s equity, reflecting his leadership role in the company’s founding and growth.

Annual Income

As the founder and former CTO of Cash App, Lee’s annual income is primarily derived from his equity stakes in the company and Square. In 2021, it was reported that Lee’s total compensation from Square was around $10 million, which includes his salary, bonus, and other forms of compensation. However, his actual annual income can fluctuate significantly due to changes in the company’s stock price and his personal financial decisions.

Frequently Asked Questions about  Cash App Founder

Frequently Asked Questions: Cash App Founder Net Worth

1. Who is the founder of Cash App?

Vishal Patel and Bob Lee are the founders of Cash App, also known as Square Cash. They launched the peer-to-peer payment app in 2013.

2. How did Cash App start?

Cash App was initially launched as a feature within Square, a payment processing company. It was later spun off into a standalone app to facilitate easy and fast peer-to-peer payments.

3. What is the net worth of the Cash App founder?

The latest estimated net worth of Vishal Patel, one of the founders of Cash App, is $1.5 billion.

4. How has Cash App grown since its launch?

Cash App has grown significantly since its launch. As of 2021, it has over 36 million active users and processes billions of dollars in transactions annually.

5. What is the revenue model of Cash App?

Cash App generates revenue through various means, including transaction fees, stock trading, and its Cash Card debit card. It also offers Bitcoin buying and selling services.

6. How does Cash App make money from Bitcoin?

Cash App makes money from Bitcoin through the spread between the buy and sell price, as well as any increase in the value of Bitcoin it holds.

7. What is the Cash Card, and how does it work?

The Cash Card is a free, customizable Visa debit card offered by Cash App. It allows users to make purchases, withdraw cash from ATMs, and get cashback rewards.

8. Can I use Cash App internationally?

Cash App is primarily designed for use within the United States and the United Kingdom. However, users can send and receive money internationally with certain limitations and fees.

9. Is Cash App safe to use?

Cash App uses encryption and other security measures to protect users’ financial information. However, like any other financial service, it is not completely risk-free, and users should take precautions to protect their accounts.

10. Can I invest in Cash App?

Cash App is a subsidiary of Square, Inc. Therefore, investing in Square, Inc. would indirectly give you exposure to Cash App. However, there are no plans to spin off Cash App as a separate publicly-traded company at this time.