How Chris Sacca Achieved a Net Worth of $1.1 Billion

Chris Sacca

Chris Sacca is the founder of Lowercase Capital and the entrepreneur has been successful in building a net worth of $1.1 billion in US dollars. He’s beat the odds by becoming one in the small percentage of self-starters who make it to the top in their chosen industry. We see quite a few instances of Capital startups that generate millionaires, but more fail than succeed. How did he manage to amass a $1.1 billion fortune?

Net Worth$1.1 Billion
NameChristopher Sacca
Age44
BornLockport, New York
Birth DateMay 12, 1975
Source of WealthInvestor
CountryUnited States

Good judgment and a little luck

Chris Sacca is savvy when it comes to identifying risky ventures with high potential. Early on he saw the wisdom of investing in the Uber and Twitter companies using funds from his Lowercase Capital venture firm. There were no promises that either would take off and show the exponential growth that they have but Sacca’s assessment of the potential for both was spot on. These were very successful investment ventures for the entrepreneur. He went on to put funding into Twilio. The company that specializes in cloud software seemed to be on the solid side for his investment strategies because it offered products that were in high demand and forecasts showed that this particular technology was only going to increase in use. He was right, as usual, and the Twilio company achieved financial success and in 2016 it went public.

He’s highly educated

Sacca attended Georgetown University and earned his bachelor of Arts and Science degree, but he didn’t stop there. Still attending his alma mater, he went on to earn a Doctor of Jurisprudence degree. He prepared himself with the book learning and credentialing to pursue his aspirations, but he also had an innate talent for knowing how to invest and when to invest and these combined factors helped him to have the know-how to reach pretty tall heights of business and financial success.

His personal life

Chris Sacca is married and he and his wife have two small children together. The couple lives in Truckee, California where they are raising their children. In 2017, the self-made billionaire and investor in tech made the decision to retire from the venture capital business so he could devote more time to helping raise his children. He keeps himself involved in professional life through his podcast and he is also pursuing his desire to act on television shows. He’s politically active and asserts that he opposes the current Trump administration, sharing his opinions freely. He’s a character who is known for his cowboy attire which isn’t the usual mode of dress for big-time Tech investors in Silicon Valley. He dresses business appropriate when he’s on the job but when he’s not, he’s at home in western attire. Sacca is personable and doesn’t have a problem becoming close to people, but crossing him isn’t a good idea because he can just as quickly burn any bridges that have been built. He’s also appeared on the popular reality investment series “Shark Tank.”

Notes of distinction

Chris Sacca, with a net worth of $1.1 billion has made it to the number two position on Forbes list for 2018. He was also on the Midas List of Top Tech Investors for 2017. At age 43, these are amazing accomplishments for a self-made billionaire who began as a venture capital entrepreneur.

Final thoughts

If anyone thinks that it was easy for Chris, it wasn’t, although he makes it look that way. He put in the time, effort and incurred the expenses necessary to build a strong foundation with his educational pursuits. He took chances along the way, but they were calculated risks that just happened to pay off for him in the long run. Now, he’s enjoying retirement as a billionaire and doing the things that make him happy and he’s still a relatively young man. He’s an excellent, although rare example of how an individual can carve a place for themselves in the business world and make a literal fortune in the process. For now, it’s not clear what Chris plans to do in the future. He doesn’t need to work for a living. He’s already taken care of that. It will be interesting to see what he does as his children grow and begin to leave home to pursue their own lives. It’s doubtful that we’ve heard the last from Chris Sacca on the business front.



Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Will Shu
10 Things You Didn’t Know About Deliveroo CEO Will Shu
University of MIchigan
The History of and Story Behind the Michigan Logo
John Foley
10 Things You Didn’t Know about Peloton CEO John Foley
Kingdom Hearts
The History of and Story Behind the Kingdom Hearts Logo
REIT
Is War Good for REITs?
REIT
Five Economic Circumstances that are Good for REITs
REIT
What is a Distressed REIT and Can You Invest in One?
REIT
How is the S&P 500 REIT Index Determined
French Market Creperie
The 10 Best Places to Eat in Knoxville, TN
Knoxville
A Traveler’s Guide to Hiking in Knoxville
Princeton NJ
A Traveler’s Guide to Hiking in Princeton, NJ
Agricola Eater
The 10 Best Places to Eat in Princeton, NJ
Ferrari Models
What Makes Ferrari Wheels Different from Other Sports Cars
Ferrari Models
The Five Cheapest Ferrari Models Money Can Buy
Harley Davidson Sidecar
Does Harley Davidson Still Make a Sidecar?
Ferrari 360 Challenge Stradale

How to Get Your Hands on a Ferrari 360 Challenge Stradale

Breitling
The Five Best Breitling Aviator Watches of All-Time
Breitling
The Five Best Breitling Dive Watches of All-Time
Breitling
A Buyer’s Guide to a Pre-Owned Breitling Watch
iced-out Breitling
What is an Iced Out Breitling?
Roger Waters
How Roger Waters Achieved a Net Worth of $310 Million
How Yung Gravy Achieved a Net Worth of 600K
Felicity Huffman
How Felicity Huffman Achieved a Net Worth of $20 Million
How David Chang Achieved a Net Worth of $60 Million