David Sacks
Net worth: Reportedly over $1 Billion
- Sacks was the founding COO of Paypal, making his fortune alongside Elon Musk, Peter Thiel and others when the company sold in 2002.
- Sacks has since gone on to be a venture capitalist, investing in startups and cryptocurrencies. He also is a part of the Silicon Valley-based All In podcast.
- Sacks played a role in spreading the panic that led to the run on Silicon Valley Bank in March 2023 and was prominent in demanding a bailout.
- Sacks was vocally critical of the Biden administration’s handling of cryptocurrency, and voiced his thoughts on the matter to Trump who named him his Cryptocurrency Czar.
For more information, see the Revolving Door Project’s Billionaires in Trump World tracker.