A Midwestern Town Is Pumping Out Tech Billionaires


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


When you think of tech billionaires, you probably think of Silicon Valley. California in general has been the spot for U.S. tech companies. It's where Apple, Google, Microsoft, and others set up their headquarters.

But multiple tech billionaires grew up in the same Midwestern city: St. Louis, Missouri.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Jack Dorsey (Twitter and Square co-founder/CEO); Jim McKelvey (Square co-founder); and Sam Altman (OpenAI co-founder/CEO) all grew up around St. Louis and are now currently billionaires through different tech endeavors.

See Also: Billionaire Charlie Munger's Investment Advice Could Make Gen Z Rich — With A Little Patience

Dorsey was just 15 years old when he met McKelvey, the oldest of the three at 57 years old. McKelvey hired him as an intern in 1993.

The two continued to work together and ultimately founded Square in 2009 — now called Block Inc (NYSE:SQ) — which is now worth more than $40 billion. 


FREE REPORT: How To Learn Options Trading Fast

In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, ​a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.


Dorsey founded Twitter in 2006 and grew the company to one of the largest social media companies in the world before selling the company to Elon Musk in 2022.

Altman joined Y Combinator in 2011 and eventually co-founded OpenAI with Musk, Netflix founder Reid Hoffman, Peter Thiel, Jessica Livingston, Ilya Sutskever and others.

Net Worth

According to Forbes, Dorsey is worth $4.8 billion. McKelvey is worth $1.6 billion. Altman is not on Forbes’ Billionaires list yet, but if OpenAI continues to grow, it will not be surprising if he is.

But, the richest tech billionaire from St. Louis? You may have never even heard of him. David Steward founded World Wide Technologies in 1990 and it is currently the largest black-owned business in the U.S. The company provides cloud computing services, cybersecurity and more.

According to Forbes, Steward is currently worth $6 billion, making him the richest tech billionaire from St. Louis. 

Image by Erdenebayar Bayansan from Pixabay


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsTop StoriesGeneral