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Jack Patrick Dorsey commonly known as Jack Dorsey is an American Internet enterpreneur and programmer who is also one of the CEO of Twitter.com . Jack is also the Former ceo of Twitter which is currently owned by Elon musk for a $44 Billion deal !!

BornJack Patrick Dorsey
November 19, 1976 
St. LouisMissouri, U.S.
PROFFESIONProgrammer And Internet entrepreneur
POPULAR ForCo-founding Twitter, Inc. and Block, Inc. (Formerly known as Square)
source-wikipedia

About Hindenburg Research

Hindenburg Research is a Short Selling Hedge Fund Firm founded in 2017 by Nathan Anderson and is currently Headquartered in New York. This firm is also famous for short selling bigger companies and earning a whopping Fortune !!

Nate Anderson (Founder of Hindenburg Research)

Just few months ago this Firm launched a Research report on Adani Group (Based in India) and owned by Famous Indian Billionaire Gautam Adani ! Just in few days After this report Adani Group Fortune blew up by a whopping $130 BILLION !

Currently Hindenburg has stated that Jack Dorsey’s Block is Facilitating Fraud with its users ! which is a big statement by Hindenburg. Due to this Jack Dorsey’s Personal Fortune fell by $761 million in single day which is a record lose in Jack Dorsey’s Wealth drop History !

What is Block ?

Dorsey, along with co-founder Jim McKelvey, developed a small business platform to accept debit and credit card payments on a mobile device called Square, released in May 2010. The small, square-shaped device attaches to iPhoneiPadiPod Touch, or Android devices via the headphone jack, and as a mini card reader, allows a person to swipe their card, choose an amount to transfer to the recipient and then sign their name for confirmation.

However Jack has not yet Replied on This matter ! !

Jack Dorsey’s Political life !

Dorsey met privately with U.S. President Donald Trump at the White House and discussed Trump’s concerns that Twitter had limited some of his Twitter followers, and those of conservatives. After the meeting, Dorsey tweeted that their discussion included making Twitter “healthier and more civil”. A week earlier, Dorsey took part in a TED Talk about the social media platform’s spread of abuse and misinformation, which has brought him criticism.

5 thoughts on “Billionaire Jack Dorsey loses $761 million in one day after Hindenburg report !”
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