Who Is David O. Sacks? Age, Biography and Wiki
David O. Sacks was born on May 25, 1972, making him 52 years old as of 2025. Born in South Africa, Sacks moved to the United States, where he has gained recognition as a prominent entrepreneur in the tech industry. He is best known for his roles as the CEO of Yammer and as a founding executive at PayPal, where he has made significant contributions to the growth of several tech startups.
| Occupation | Film Producer |
|---|---|
| Date of Birth | May 25, 1972 |
| Age | 53 Years |
| Birth Place | Cape Town, South Africa |
| Horoscope | Gemini |
| Country | South Africa |
Popularity
David O. Sacks's Popularity over time
Height, Weight & Measurements
While specific height and weight measurements for David O. Sacks are not widely publicized, he is often described as having a lean and fit physique. It’s important to note that public figures may choose to keep such details private, focusing more on their professional accomplishments than personal stats.
Family, Dating & Relationship Status
As of 2025, David O. Sacks is known to be in a relationship, though details about his boyfriend or girlfriend have been kept private. David values his personal life and prefers to keep the nuances of his relationships away from the public eye, focusing more on his entrepreneurial ventures and contributions to the tech world.
Though Sacks did not know he wanted to become an entrepreneur, he did not want to work a profession like his father, who was an endocrinologist. He says he took inspiration from his grandfather, who started a candy factory in the 1920s.
Net Worth and Salary
David O. Sacks has built an impressive net worth through his successful career in tech entrepreneurship. As of 2025, his net worth is estimated to be in the hundreds of millions of dollars. His financial success primarily stems from his involvement in major tech startups, strategic investments, and various business ventures, including his leadership roles at companies like Yammer and PayPal.
According to Bloomberg News, Sacks will serve as a "special government employee," which allows him to work for the government for a maximum of 130 days per year, with or without compensation. This status exempts him from undergoing confirmation hearings and from specific financial disclosure requirements.
Before taking office, Sacks and Craft Ventures sold their direct cryptocurrency holdings, while still maintaining his investments in crypto startups.
Career, Business and Investments
Sacks’ career began as a lawyer in Silicon Valley; however, he soon pivoted to the tech world where he found his true calling. He became a founding member of PayPal, which was acquired by eBay for $1.5 billion in stock, significantly boosting his financial standing. Following this, he established Yammer, a social networking service for businesses that was later acquired by Microsoft for $1.2 billion.
In addition to his ventures, Sacks has been involved in various angel investments and has served on boards of several tech companies, establishing himself as a significant influencer in the startup ecosystem.
In 1999, Sacks left his job as a management consultant for McKinsey & Company to join Max Levchin, Peter Thiel, and Luke Nosek's e-commerce startup Confinity. Later that year, Sacks was the inaugural product leader of Confinity's milestone product, and corporate successor, PayPal.
Upon promotion to Paypal COO, he built many of the company's key teams, and was responsible for product management and design, sales and marketing, business development, international, customer service, fraud operations, and human resources functions. PayPal had their initial public offering in February 2002.
It was one of the first IPOs after the September 11 attacks. The stock rose more than 54% on the first day. In October 2002, eBay acquired PayPal for $1.5 billion.
Social Network
David O. Sacks is active on various social media platforms, including Twitter and LinkedIn. He utilizes these platforms to share insights on technology, entrepreneurship, and investment strategies, connecting with a wide audience of budding entrepreneurs and tech enthusiasts.
- Twitter: @DavidOSacks
- LinkedIn: David O. Sacks
David Oliver Sacks (born May 25, 1972) is a South African-American entrepreneur, author, and investor in internet technology firms. He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017.
Additionally, he is a former co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David Friedberg. Previously, Sacks was the COO and product leader of PayPal, and founder and CEO of Yammer. In 2016, he became interim CEO of Zenefits for ten months. In 2017, Sacks co-founded Craft Ventures, an early-stage venture fund.
His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb. In December 2024, President Donald Trump named Sacks the White House AI and crypto czar for the incoming administration.
Education
David O. Sacks attended the University of Cape Town, where he earned a Bachelor of Arts degree in Philosophy. He then moved to the United States to further his education, receiving a Juris Doctor degree from Stanford Law School. His educational background in philosophy and law has greatly influenced his approach to business and entrepreneurship.
Sacks attended Memphis University School in Memphis, Tennessee. He earned his Bachelor of Arts in economics from Stanford University in 1994 and a Juris Doctor from the University of Chicago Law School in 1998.
