David Sachs appointed as the new «King of Artificial Intelligence and Cryptocurrencies» of the White House
7 december 2024 в 01:13
David Sacks has been appointed by Donald Trump as the new «White House King of Artificial Intelligence and Cryptocurrency».
«In this important role, David will lead the Administration’s policy on artificial intelligence and cryptocurrency, two areas critical to America’s future competitiveness», - Trump said in his announcement on Truth Social on Thursday evening. «David will focus on making America a clear global leader in both areas. He will ensure freedom of speech online and steer us away from the bias and censorship of major technology companies».
Learn more about Sacks and his personal life below.
Sacks, a venture capitalist and entrepreneur, is part of an exclusive group of former founders and employees of PayPal, which includes Elon Musk. The 52-year-old Sacks, born in South Africa, also founded and was CEO of Yammer, a corporate social networking service that Microsoft acquired for $ 1.2 billion in 2012. In 2017, he founded Craft Ventures, a venture capital firm.
Additionally, Sacks co-hosts the «All In» podcast with Chamath Palihapitiya, Jason Calacanis, and David Friedberg. In his recent post, Trump called it the «best podcast in technology», where Sacks and his co-hosts discuss a wide range of economic, political, and social issues.
While Sacks is now known for his support of Trump, recently speaking at the Republican National Convention in Milwaukee in July, he has criticized the former president in the past. After the Capitol riot on January 6, 2021, Sacks expressed his disapproval in an episode of his podcast, stating that Trump «clearly» bore responsibility for the events and that he had «disqualified himself from national participation».
Yes, Sacks has been married to his wife Jacqueline Tortorice since 2007. The couple hosted a fundraiser for Trump’s second pre-election campaign in June 2024 at their home in Pacific Heights, San Francisco. Tickets for the event ranged from $ 50,000 to $ 300,000 per person, according to the San Francisco Standard.
Sacks shares three children with his wife Jacqueline: two daughters and a son.
According to Jacqueline’s biography on Instagram, the family lives in the Bay Area.
Various sources estimate Sacks' net worth to be $ 200 million by 2024
«In this important role, David will lead the Administration’s policy on artificial intelligence and cryptocurrency, two areas critical to America’s future competitiveness», - Trump said in his announcement on Truth Social on Thursday evening. «David will focus on making America a clear global leader in both areas. He will ensure freedom of speech online and steer us away from the bias and censorship of major technology companies».
Learn more about Sacks and his personal life below.
Sacks, a venture capitalist and entrepreneur, is part of an exclusive group of former founders and employees of PayPal, which includes Elon Musk. The 52-year-old Sacks, born in South Africa, also founded and was CEO of Yammer, a corporate social networking service that Microsoft acquired for $ 1.2 billion in 2012. In 2017, he founded Craft Ventures, a venture capital firm.
Additionally, Sacks co-hosts the «All In» podcast with Chamath Palihapitiya, Jason Calacanis, and David Friedberg. In his recent post, Trump called it the «best podcast in technology», where Sacks and his co-hosts discuss a wide range of economic, political, and social issues.
While Sacks is now known for his support of Trump, recently speaking at the Republican National Convention in Milwaukee in July, he has criticized the former president in the past. After the Capitol riot on January 6, 2021, Sacks expressed his disapproval in an episode of his podcast, stating that Trump «clearly» bore responsibility for the events and that he had «disqualified himself from national participation».
Yes, Sacks has been married to his wife Jacqueline Tortorice since 2007. The couple hosted a fundraiser for Trump’s second pre-election campaign in June 2024 at their home in Pacific Heights, San Francisco. Tickets for the event ranged from $ 50,000 to $ 300,000 per person, according to the San Francisco Standard.
Sacks shares three children with his wife Jacqueline: two daughters and a son.
According to Jacqueline’s biography on Instagram, the family lives in the Bay Area.
Various sources estimate Sacks' net worth to be $ 200 million by 2024
© Kolganov Andrey
