Helped by a surge in the stock price of payment firm Square, tech leader and Forbes “Self-Made Woman” Jacqueline Reses has joined the nation’s billionaire class.
Reses served as an executive at Square for five years, leading the company through its IPO and a more than twentyfold increase in its stock price during her tenure. She maintains a 0.4% stake in the company as well as additional stock options, which when combined push her net worth across the $1 billion mark as of the close of markets on August 25th.
A graduate of the Wharton School, Reses has made a name for herself as someone willing to work her way up to the top ranks of the financial world. Before joining Square in 2014, she served in increasingly high-profile leadership positions at Goldman Sachs, iBuilding, Apex Partners, and Yahoo.
Though her days of making history with Square are over, Reses continues to be a major player in the world of financial leadership. In addition to serving on the boards for top Brazilian bank Nubank and buy-now-pay-later challenger Affirm, she is an active angel investor through family office Post House Capital. She has also made waves with recent investments in major mobile app acquisitions and purchases of artwork by the likes of Picasso and Matisse.