HITC takes a look at Bob Lee’s 2023 net worth after the devastating news that the Cash App founder was stabbed to death in San Francisco.
San Francisco Police Department has confirmed that authorities have responded to a report of a stabbing at 2:35 am local time on Tuesday, April 4.
The stabbing took place in downtown San Francisco and at the time of publication, no suspects have been named.
Tributes have poured in on social media including one from former MMA fighter Jake Shields who remembered Bob as a “loyal friend” in a Twitter post.
We learn more about Bob’s career and net worth amid the tragic news.
Who was Bob Lee?
As reported by NBC News, sources have identified the victim as Cash App founder Bob Lee who succumbed to life-threatening injuries in a local hospital.
Bob served as a chief product officer of MobileCoin, a startup advisor, and an angel investor. He was 43 years old.
He began his tech career in the late 90s as a web developer, having worked for companies like Redrock Communications, Capgemini, and AT&T.
He previously served as chief technology officer of Square, head of software at PreDxion, and limited partner at SV Angel and Signal Fire.
From 2004 to 2010, he was a staff software engineer at Google where he worked as part of a team for Android‘s core library development.
According to his LinkedIn profile, he has invested in SpaceX, Clubhouse, Tile, Figma, Faire, Orchid, Addressable, Nana, Ticket Fairy, Gowalla, Asha, SiPhox, Netswitch, and Found.
Bob Lee’s net worth 2023
According to several online reports, Bob had an estimated net worth of $10 million as of 2023.
While his exact salary is not disclosed to the media at this time, he was a high-profile tech executive and angel investor in San Fransisco.
While working at Square, Bob co-founded Cash App in 2013, a mobile payment app that is available both in the US and UK.
Cash App net worth
According to a Forbes report from September 2020, the payment service was worth $40 billion at the time, which was almost two-thirds of Square’s then $65 billion market value.
In September 2021, Cash App reported 70 million annual users and a gross profit of $1.8 billion.
Cash App has proven to be a huge success among American rappers with the likes of Cardi B and Megan Thee Stallion landing partnerships with the company in the past.
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