Jack Dorsey is about to be a billionaire — on paper, at least.
PrivCo, a firm that specializes in analyzing the financials of private companies, pegs Dorsey’s reduced stake at roughly 26 percent, which would make Square an $845 million asset for the 35-year-old entrepreneur.
Dorsey’s combined net worth then will be north of $1.1 billion when the Square round closes. Perhaps that cliff-side San Francisco mansion he purchased earlier this year is well-deserved.
Photo credit: Kevin Krejci/Flickr
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