Jim McKelvey

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Name
Jim McKelvey
Net Worth
1.8 Billion USD
Birth Date
19 October 1965
Age
59
Country
United States
City
St. Louis
Business
Technology

Billionaire Jim McKelvey is a prominent entrepreneur and investor based in the United States, known for co-founding Square, a leading financial technology company. Born in Missouri, McKelvey's journey to success began with his background in engineering and computer science.

McKelvey co-founded Square in 2009 with Jack Dorsey, aiming to revolutionize the way small businesses accept payments. Square's innovative card reader and payment processing system enabled merchants to accept credit card payments using smartphones or tablets, disrupting the traditional payments industry.

Under McKelvey's leadership as Chairman, Square expanded its services beyond payment processing to include financial services, business management tools, and software solutions for small businesses. The company's growth and innovation have positioned it as a key player in the fintech sector, serving millions of merchants worldwide.

Apart from Square, Jim McKelvey is an active angel investor and entrepreneur, supporting startups and initiatives that drive innovation and entrepreneurship. He co-founded LaunchCode, a nonprofit organization that provides free coding education and job placement for aspiring developers, emphasizing accessibility and diversity in tech.

McKelvey is also known for his advocacy of entrepreneurship and economic empowerment. He has authored books on entrepreneurship and lectures at universities, sharing his insights and experiences with aspiring entrepreneurs.

As a billionaire entrepreneur and innovator, Jim McKelvey's contributions to the fintech industry and entrepreneurship have been profound. His entrepreneurial journey from co-founding Square to supporting startups and promoting tech education underscores his commitment to driving innovation and empowering individuals in the digital economy.

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