Jim McKelvey

$1.59 B

Ranked #2462 in World

About Jim McKelvey

James Morgan McKelvey Jr., an esteemed American entrepreneur with a net worth of $2 billion as of July 2023, co-founded the financial services and mobile payment company, Block, Inc. Born in St. Louis, Missouri, McKelvey's journey from a high school alumnus from Ladue Horton Watkins High School to a Washington University graduate showcases his diverse interests, including a stint as a glassblowing instructor and founder of Disconcepts. His career highlights include founding Mira and Third Degree Glass Factory, with a significant career milestone reached when he co-founded Square, Inc. with Twitter co-founder Jack Dorsey in 2009. Apart from his commercial success, McKelvey has made notable contributions to the tech education and philanthropy sectors, co-founding LaunchCode and donating $15 million to Washington University's School of Engineering and Applied Science. He was appointed as an independent director of the Federal Reserve Bank of St. Louis in January 2017, demonstrating his influence in both the financial and tech industries.

Born

October 19, 1965 in St. Louis, Missouri, US

Age

60 years

Source Of Wealth

Mobile Payments

Industries

Technology

Citizenship

United States

Residence

St. Louis, Missouri

Education

Bachelor of Arts/Economics, Washington University in St. Louis; Bachelor of Science, Washington University in St. Louis

James Morgan McKelvey Jr. was born and raised in St. Louis, Missouri. He attended Ladue Horton Watkins High School and graduated from Washington University in St. Louis. During his time at Washington University, McKelvey worked as a contractor for IBM in Los Angeles and St. Louis. He also served as a glassblowing instructor and founded Disconcepts, a CD cabinet manufacturing company.

Jim McKelvey: Family

Information about James McKelvey Jr.'s family is not provided in the given context.

Jim McKelvey: Career Highlights

McKelvey's career is marked by several notable achievements. He co-founded Mira in 1989 with software engineers from Washington University in St. Louis. Their inaugural product was partly developed by summer intern Jack Dorsey, who later co-founded Twitter. In 2002, McKelvey founded Third Degree Glass Factory, a glass art studio and gallery in St. Louis.

In 2009, McKelvey co-founded Square, Inc. (now Block, Inc.) with Jack Dorsey. He served as Square's chairman until 2010 and currently sits on the Board of Directors at Block, Inc. McKelvey also founded Invisibly in June 2016, a company allowing consumers to profit from their online data.

In addition to his entrepreneurial ventures, McKelvey has held several leadership positions. He was appointed as an Independent Director of the Federal Reserve Bank of St. Louis in 2017 and named Chair of the Federal Reserve Bank of St. Louis in January 2022. McKelvey has also been instrumental in building Downtown North, an Urban Insight District in St. Louis, since 2019.

Jim McKelvey: Companies

McKelvey has been involved with several companies throughout his career. He co-founded Mira in 1989, Third Degree Glass Factory in 2002, and Square, Inc. (now Block, Inc.) in 2009. He also founded Invisibly in June 2016.

Jim McKelvey: Major Achievements

McKelvey's major achievements include co-founding Square, Inc. (now Block, Inc.), which revolutionized mobile payments and financial services. He has also made significant contributions to the St.

Louis community through his entrepreneurial and philanthropic efforts.

Jim McKelvey: Awards & Achievements

Information about James McKelvey Jr.'s awards and achievements is not provided in the given context.

Jim McKelvey: Personal Life & Legacy

Information about James McKelvey Jr.'s personal life and legacy is not provided in the given context.

Jim McKelvey: Trivia

James McKelvey Jr. has an estimated net worth of US$2 billion as of July 2023.

Wealth History

Timeline

1986

Wrote and published a Handbook on UCSD Pascal and Apple Pascal.

1989

Co-founded Mira with software engineers from Washington University in St. Louis.

2002

Founded Third Degree Glass Factory, a glass art studio and gallery in St. Louis.

2009

Co-founded Square, Inc. (now Block, Inc.) with Jack Dorsey.

2010

Served as Square's chairman until 2010.

2013

Co-founded LaunchCode, a non-profit organization focused on talent growth and job training in technology.

2016

Appointed as an Independent Director of the Federal Reserve Bank of St. Louis.

2016

Donated $15 million to the Washington University School of Engineering and Applied Science for a new computer science and engineering building named after his father.

2019

Washington University's engineering school was renamed the McKelvey School of Engineering.

2019

LaunchCode received a $300,000 grant from the Ewing Marion Kauffman Foundation.

2020

Published the book 'The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time'.

2022

Named Chair of the Federal Reserve Bank of St. Louis.

Jim McKelvey : FAQs

What is Jim McKelvey's current net worth?

Jim McKelvey's current net worth is $1.59 billion.

What is Jim McKelvey's current global rank among billionaires?

Jim McKelvey holds the 2462nd position globally among billionaires.

What is Jim McKelvey's current ranking within the United States?

Jim McKelvey holds the 769th position in United States.

What was the change in Jim McKelvey's net worth compared to the previous year?

Jim McKelvey's net worth decreased by 67.13 million dollars compared to the previous year 2025, when his net worth was 1.66 billion dollars.

What is the recent change in Jim McKelvey's net worth?

Jim McKelvey's net worth increased by 2.89 million dollars recently, a 0.18% increase, with his net worth standing at 1.59 billion dollars.

What are Jim McKelvey's main sources of wealth?

Jim McKelvey's main source of income comes from Mobile Payments.

In which industry does Jim McKelvey primarily operate?

Jim McKelvey is primarily involved in the Technology industry.

What is Jim McKelvey educational background?

Jim McKelvey holds a Bachelor of Arts/Economics from Washington University in St. Louis and a Bachelor of Science from Washington University in St. Louis.

How old is Jim McKelvey?

Jim McKelvey is 60 years old.

How many children does Jim McKelvey have?

Jim McKelvey has 2 children.

Who is James Morgan McKelvey Jr. and what is he known for?

James Morgan McKelvey Jr. is an American billionaire businessman, best known as the co-founder of Block, Inc. He was appointed as an independent director of the Federal Reserve Bank of St. Louis in January 2017 and has a net worth estimated at US$2 billion as of July 2023.

What are James McKelvey’s contributions to technology and business?

James McKelvey co-founded Mira and Square, Inc. (now Block, Inc.), serving as Square's chairman until 2010 and continuing to sit on Block's Board of Directors. He also founded Invisibly, a company that allows consumers to profit from their online data, and played a crucial role in developing Downtown North, an Urban Insight District in St. Louis.

How has James McKelvey contributed to non-profit work and philanthropy?

McKelvey co-founded LaunchCode, a non-profit focused on technology talent growth and job training, in 2013. He donated $15 million to the Washington University School of Engineering and Applied Science in 2016, leading to the school being renamed the McKelvey School of Engineering in 2019.

What are some significant publications authored by James McKelvey?

James McKelvey has authored ‘The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time’ (2020) and ‘The Art Of Fire: Beginning Glassblowing’ (2006), showcasing his diverse talents and contributions to both the business and artistic worlds.