Jim McKelvey | |
---|---|
Born | James Morgan McKelvey Jr. 1965or1966(age 57–58) |
Alma mater | Washington University in St. Louis |
Occupation | Director of Block, Inc. |
James Morgan McKelvey Jr. (born 1965or1966 [1] ) is an American billionaire businessman, who is the co-founder of Block, Inc. McKelvey was appointed as an independent director of the Federal Reserve Bank of St. Louis in January 2017. [2] As of July 2023, his net worth was estimated at US$2 billion. [3]
James Morgan McKelvey Jr. was born and raised in St. Louis, Missouri and is an alumnus of Ladue Horton Watkins High School. [4] He wrote and published a Handbook on UCSD Pascal and Apple Pascal in 1986. [5] After graduation from Washington University in St. Louis, McKelvey worked as a contractor for IBM in Los Angeles and in St. Louis. [6] At the same time, he had jobs as a glassblowing instructor and founded Disconcepts, a CD cabinet manufacturing company. [6]
In 1989, Jim McKelvey, alongside a team of software engineers from Washington University in St. Louis, established Mira in St. Louis, Missouri. Notably, McKelvey revealed that their inaugural product was partly developed by their summer intern, Jack Dorsey [7] , who would later rise to prominence as the co-founder of Twitter. [7]
In 2000, after giving a glassblowing demonstration at WUSTL, McKelvey met Doug Auer. In 2002 they founded Third Degree Glass Factory in St. Louis, a glass art studio and gallery which also provides space for private events. [8] [9] He talks about this extensively in the Shaping Business Minds Through Art podcast. [10]
In 2009, McKelvey co-founded Square with Jack Dorsey. [11] [12] [1] Professor Robert Morley made valuable early contributions to the hardware used by Square in 2009. [13] In 2011, the iconic card reader design was inducted into the Museum of Modern Art. [14] McKelvey served as Square's chairman until 2010. [15] as of July 2023 [update] , McKelvey sits on the Board of Directors at Block, Inc. [16]
In June 2016, McKelvey founded Invisibly, a company seeking to allow consumers to profit from their online data. [17] [18]
In 2017, McKelvey was appointed as an Independent Director of the Federal Reserve Bank of St. Louis. [19] In January 2022, McKelvey was named as Chair. [20]
Since 2019, McKelvey and business partner John Berglund, as Starwood Group have been instrumental in building Downtown North, an Urban Insight District in the city of St. Louis.
In September 2013, McKelvey co-founded LaunchCode, a non-profit organization that aims to grow new talent and create pathways to on-the-job training and employment. [21] LaunchCode partners with companies to set up paid apprenticeships in technology for talented people who lack the traditional credentials to land a quality, high-paying job. [22] In 2014, LaunchCode was named "The Best Thing to Happen to St. Louis" by the St. Louis Riverfront Times. [23] In February 2019, LaunchCode received a $300,000 grant from the Ewing Marion Kauffman Foundation to support education programming. [24]
In 2016, McKelvey donated $15 million to the Washington University School of Engineering and Applied Science to build a new computer science and engineering building named after his father. [25] In 2019, Washington University's engineering school was renamed the McKelvey School of Engineering. [26] [27]
Washington University in St. Louis (WashU) is a private research university in St. Louis, Missouri, United States. Founded in 1853, the university is named after George Washington, a Continental Army general, and the first president of the United States.
Ladue is an inner-ring suburb of St. Louis, located in St. Louis County, Missouri. As of the 2020 census, the city had a population of 8,989.
John Burroughs School (JBS) is a private, non-sectarian college-preparatory school with 631 students in grades 7–12. Its 49-acre (200,000 m2) campus is located in Ladue, Missouri (US), a suburb of St. Louis. Founded in 1923, it is named for U.S. naturalist and philosopher John Burroughs.
MICDS (Mary Institute and Saint Louis Country Day School) is a secular, co-educational, independent school home to more than 1,250 students ranging from grades Junior Kindergarten through 12. Its 110-acre (45 ha) campus is located in the St. Louis suburb of Ladue.
Ladue Horton Watkins High School is a public high school in Ladue, Missouri, United States, that is administered by the Ladue School District. Its namesake, Horton Watkins, was vice president of the International Shoe Company and died in 1949. The family of Horton Watkins donated the 28-acre (11 ha) tract of land on South Warson Road to the school for the high school site as a memorial.
The Olin Business School is the business school and one of seven academic schools at Washington University in St. Louis. The school offers undergraduate, master's, doctoral, and executive programs.
The Danforth Campus is the main campus at Washington University in St. Louis. Formerly known as the Hilltop Campus, it was officially dedicated as the Danforth Campus on September 17, 2006, in honor of William H. Danforth, the 13th chancellor of the university, the Danforth family and the Danforth Foundation. Distinguished by its collegiate gothic architecture, the 169-acre (0.68 km2) campus lies at the western boundary of Forest Park, partially in the City of St. Louis. Most of the campus is in a small enclave of unincorporated St. Louis County, while all the campus area south of Forsyth Boulevard is in suburban Clayton. Immediately to the north across Forest Park Parkway is University City.
The James McKelvey School of Engineering is a part of Washington University in St. Louis. Founded in 1854, the engineering school is a research institution occupying seven buildings on Washington University's Danforth Campus. Research emphasis is placed on cross-disciplinary technologies in the areas of alternative energy, environmental engineering & sustainable technology, biotechnology, information technology, and nanotechnology/materials science.
The Mildred Lane Kemper Art Museum is an art museum located on the campus of Washington University in St. Louis, within the university's Sam Fox School of Design & Visual Arts. Founded in 1881 as the St. Louis School and Museum of Fine Arts, it was initially located in downtown St. Louis. It is the oldest art museum west of the Mississippi River. The Museum holds 19th-, 20th-, and 21st-century European and American paintings, sculptures, prints, installations, and photographs. The collection also includes some Egyptian and Greek antiquities and Old Master prints.
Anna Patterson is a software engineer and a contributor to search engines.
Jack Patrick Dorsey is an American Internet entrepreneur, philanthropist, programmer who is a co-founder and former CEO of Twitter, Inc., as well as co-founder, principal executive officer and chairperson of Block, Inc., which is the developer of the Square financial services platform. He is also on the board of directors of Bluesky Social. As of October 2023, Forbes estimated his net worth to be $3.1 billion.
Block, Inc. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey. Named Square, Inc. until 2021, the company owns various businesses within the financial technology sector. Block’s service network reaches 95 countries, reporting nearly 51 million users and 4 million merchant clients as of 2023.
Lenard Larry McKelvey, known professionally as Charlamagne tha God or simply Charlamagne, is an American radio host, television personality and comedian. He is a co-host of the nationally syndicated radio show The Breakfast Club along with DJ Envy, with whom he was inducted into the Radio Hall of Fame in 2020 for their work on the show. He also hosts the late-night talk show Hell of A Week with Charlamagne tha God on Comedy Central.
Kevin Francis O'Malley is an American lawyer and diplomat who was the United States Ambassador to Ireland from 2014 to 2017.
Miguel McKelvey is an American businessman, and the co-founder and former chief culture officer of WeWork.
Cortex Innovation Community, Cortex Innovation District, or Cortex is an innovation district in the Midtown neighborhood of St. Louis, Missouri. A 200-acre hub for technology and biological science research, development, and commercialization, Cortex is a main location for the city's technology startup companies. It is near Washington University School of Medicine, Saint Louis University, and Barnes-Jewish Hospital.
Ronald James Kruszewski is an American business executive. Kruszewski is the chairman, chief executive officer, and former president of Stifel. Earlier in his career, he was a Certified Public Accountant and audit supervisor for KPMG, and later a chief financial officer for Robert W. Baird & Co. Kruszewski was appointed to serve on the Federal Advisory Council by the board of the Federal Reserve Bank of St. Louis in 2013. He has served on the boards of the Securities Industry and Financial Markets Association, Saint Louis University, and the St. Louis Regional Chamber, among other organizations. He won the Ernst & Young Entrepreneur of the Year Award in 2007 and was recognized by the Horatio Alger Association of Distinguished Americans in 2019.
Vicki Lynn Sauter is an American management scientist and systems engineer known for her books on decision support systems. She is a professor in the Information Systems and Technology Department at the University of Missouri–St. Louis.
Square is a financial services platform by Block, Inc. It enables small and medium-sized businesses to accept credit card payments using smartphones or tablets as point-of-sale system registers. It also facilitates various operations for physical and online sellers, and reports 4 million merchant clients as of 2023.