Jack Dorsey, co-founder of Twitter (now X) and CEO of Block, Inc., appears on the 2025 Formula 1 Rich List for his influence across fintech, digital payments, and modern technology ecosystems. Through Block’s major sponsorship of the Visa Cash App RB Formula One Team, Jack Dorsey’s F1 sponsorship reflects the growing role of digital commerce and mobile finance in global motorsport.
Quick Facts
- Net Worth 2025: $5.0B
- Age: 49
- Source of Wealth: Block (Square, Cash App)
- Nationality: American
- F1 Involvement: Cash App — Co-Title Partner of the Visa Cash App RB Formula One Team
Biography
Jack Dorsey is one of Silicon Valley’s most recognisable innovators. After co-founding Twitter in 2006 and transforming it into a global communications platform, he shifted his focus to fintech, scaling Block, Inc. (formerly Square) into one of the world’s leading digital payments companies. Block now encompasses Cash App, Square, Spiral, TBD, and a diverse ecosystem of blockchain-focused initiatives.
Dorsey is known for his belief in open financial systems, decentralised technology, and the future of peer-to-peer commerce. Under his leadership, Block has become an essential part of digital finance, particularly among younger users — a demographic aligned closely with modern Formula 1’s expanding global audience.
His company’s increasing involvement in elite sports, especially through Jack Dorsey’s F1 sponsorship activities, signals the strategic importance of global branding to the fintech sector.
Learn more at the official Block website.
Connection to Formula 1
Block’s Cash App became a Co-Title Partner of the Visa Cash App RB Formula One Team, marking one of the most visible fintech branding partnerships on the grid. The partnership focuses on:
- increasing global brand recognition for Cash App in key markets
- expanding financial accessibility and mobile payments into F1 fan culture
- integrating digital commerce features into fan engagement platforms
The partnership has helped position the rebranded RB team as a digitally forward, youth-oriented Formula 1 entrant.
Why Jack Dorsey Matters to the F1 Ecosystem
Jack Dorsey’s F1 sponsorship is significant because it brings one of the world’s most influential fintech companies directly into Formula 1. His company’s presence strengthens the sport’s appeal to younger fans, supports digital payment innovation within F1, and demonstrates how technology brands increasingly view motorsport as a premium global marketing platform.
To explore all rankings and detailed profiles, visit the complete 2025 Formula 1 Rich List.
