Bob Lee's net worth at the time of his death, and the legacy he left behind
Bob was a child of dreams, and whatever he imagined, no matter how crazy, he made real. Bob was made for the new world.
In his memory, MobileCoin CEO Josh Goldbard acknowledged his revolutionary presence in the tech world in the statement above. Tech visionary Bob Lee's net worth was estimated at $10 million at the time of his death, a figure derived from a career as a software engineer, CashApp, and MobileCoin founder, and an executive at Present and Square.
Source: Facebook
TABLE OF CONTENTS
Key takeaway
- CashApp founder Bob Lee had an estimated net worth of $10 million at the time of his death in April 2023.
- The primary source of Lee's wealth was his role as founder of MobileCoin and CashApp and a company executive.
- His financial growth was diversified through strategic investments in major tech companies, including SpaceX, Figma, Tile, and Clubhouse.
- At the time of his death, Bob Lee was the chief product officer for the cryptocurrency firm MobileCoin.
Profile summary
Full name | Robert Harold Lee |
Common name | Bob Lee |
Nickname | Crazy Bob, Code Red Vigilante |
Gender | Male |
Date of birth | 20 December 1979 |
Age (At the time of death) | 44 years |
Zodiac sign | Capricorn |
Place of birth | St. Louis, Missouri, United States |
Nationality | American |
Date of death | 4 April 2023 |
Place of death | San Francisco, California, United States |
Residence (At the time of death) | Miami, Florida, United States San Francisco, California, United States |
Ethnicity | White |
Hair colour | Black |
Eye colour | Grey |
Father | Rick Lee |
Mother | Nan (Nannette) Lee |
Sibling | 1 |
Marital status (At the time of death) | Divorced |
Ex-spouse | Krista (Crystal) Lee |
Children | 2 |
High school | Lindbergh High School |
Higher education | Southeast Missouri State University |
Profession | Software engineer |
Net worth | $10 million |
How much is Bob Lee's net worth?
According to The US Sun, Bob Lee's net worth was alleged to be about $10 million at the time of his passing in April 2023. This valuation is tied to his executive roles in global technical innovation in cryptocurrency, transactions, and mobile transfer from the early 2010s to 2023.
The primary contributor to Lee's wealth was the discovery of CashApp, a popular digital wallet, and Square, a point-of-sale system for sellers with physical or online stores, now known as Block.
Source: Original
How Bob Lee built his wealth
Bob held various principal executive roles in two start-ups, CashApp and MobileCoin. His roles as an executive, founder, and investor helped create multi-billion-dollar financial companies that contributed to his income and wealth.
Early entry into the tech industry
While in high school, Lee wrote a real-time, free-directional 3D rendering engine in Turbo Pascal with inline assembly language. Other 3D renderings he created included a demo of a rotating spaceship and a giant sewer room.
This early programming talent grew under instruction at Southeast Missouri State University, where he honed his tech skills as a web developer and software engineer. In 2016, he earned the nickname Code Red Vigilante after halting the spread of the Code Red virus that had caused $2 billion in damage around the world.
Source: Facebook
Key startups and companies founded by Bob Lee
In April 2008, Lee created Twubble, a service that helps you find connections on X (Twitter) and even drove the rise of followers for early X (Twitter) influencers.
CashApp, formerly Square Cash, is an American financial services platform that allows users to send, spend, save, and invest money. From a 2013 hackathon idea to a thirty-billion-dollar financial platform, Bob Lee's influence cannot be understated. After creating the app, he served as the company's CTO (chief technology officer) until 2014.
After departing from his CTO role at Square in 2014, Bob Lee transitioned into a new phase of his career, becoming an active player in MobileCoin's development. He became one of the app's earliest investors and advisors. He later took on the role of its CPO (chief product officer) and helped develop its end-to-end encrypted wallet.
Source: Twitter
Investments and other entrepreneurial ventures
Before his death, Bob Lee made various angel investments, backing start-ups such as Figma, SpaceX, Clubhouse, Tile, Globality, The Ticket Fairy, and SiPhox Health. Others included Faire, Leo, Up All Night, Nana Academy, Netswitch, GoldenKey, and Gather Labs. As per Signal, he often invested between $5,000 and $25,000.
According to Pitchbook, he made these investments in exchange for equity. His highly diversified financial portfolio included SpaceX, an aerospace manufacturer owned and funded by tech giant Elon Musk, as of 24 June 2021.
He is also recognised as one of the brilliant minds at Google behind the development of the core Android APIs and as one of the founders of the Google Guice project, a Jolt Award-winning, lightweight dependency injection framework for Java 5 and above.
Major career achievements and milestones
Lee’s career trajectory included several high-impact roles as a software engineer, angel investor, and advisor that were key to his financial growth. Have a look at the 2008 Jolt award winner's career path from the early 2000s to the time of his death in 2023.
Company | Role | Period |
D'Arcy | Intern | 1999–2000 |
Capgemini | Senior consultant | 2000–2001 |
Ajilon Consulting | Senior consultant | 2001–2002 |
OCI Partners | Senior consultant | 2002–2003 |
AT&T | Technical architect | 2003 |
Staff software engineer | 2004–2010 | |
Square (Block) | Chief technology officer | 2010–2014 |
Present | Chief executive officer | 2015 |
World Health Organisation | App developer | 2019 |
MobileCoin | Chief product officer | 2021 |
Bob Lee's early life and family background
Born on 20 December 1979 in St. Louis, Missouri, United States, to Rick and Nan (Nannette) Lee, the tech titan was 44 years old at the time of his demise. His zodiac sign was Capricorn. He was raised alongside one sibling, Timothy Oliver Lee. His mother, Nan Lee, passed away on 23 April 2019 after a brave fight against cancer.
Lee attended Lindbergh High School in Sappington, Missouri, where he was an avid water polo player. He later enrolled at Southeast Missouri State University for a bachelor's degree, but he dropped out.
Bon was married to Krista Lee during a JavaOne conference at the Las Vegas Hilton. According to the San Francisco Chronicle, the couple who celebrated their anniversary on 24 March exchanged vows at the hotel’s Star Trek: The Experience attraction.
Before their divorce in 2019, Bob and Krista Lee welcomed two children. His eldest son, Dagny Lee, was born on 22 August 2005, and his daughter, Scout Lee, was born on 22 June 2008.
Source: Facebook
What happened to Bob Lee?
On 4 April 2023, Bob Lee tragically died after he was stabbed multiple times by Nima Momeni in San Francisco, California, USA. According to court records, earlier in the day on 3 April 2023, Bob attended a party where Nima's sister, Khazar Momeni, was in attendance.
While at the party, Khazar and other partygoers consumed alcohol and recreational drugs, including GHB. Although Bob had left the party earlier in the day, Nima, who came to his sister's rescue, interrogated Bob about the drug and seemed to place the blame on him.
At about 12:30 am on 4 April 2023, Bob decided to visit Khazar at The Millennium Hotel, where he met Nima. After a little more than an hour, Nima and Lee left the building and drove off together in a white BMW Z4 Roadster.
Nima is believed to have attacked Lee at about 2:00 am before speeding off. Within minutes, 911 responded to Lee's call for help, and he was rushed to San Francisco General Hospital, where he succumbed to excessive blood loss from the stab wounds, including one that punctured his heart.
Source: Twitter
FAQs
- What was Bob Lee's net worth when he died? At the time of his death in April 2023, the tech executive had an estimated net worth of about $10 million.
- How did Bob Lee make his money? The tech leader made his money by creating startups such as Twubble and CashApp and taking on executive roles at successful tech giants such as Google, Square, and MobileCoin, among others.
- How old was Bob Lee of Cash App when he died? He was 43 years old at the time of his demise on 4 April 2023.
- Does Bob Lee have children? The Cash App founder had two children, Dagny and Scout, with his ex-wife, Krista Lee.
- What happened to Bob Lee's estate? At the time of this writing, Bob Lee's estate is undergoing a probate process in Florida, USA.
- Who are Bob Lee's daughters? The MobileCoin CPO had one daughter named Scout Lee.
- How did Bob Lee die? He died by stabbing in San Francisco, California, USA.
At the time of his death, Bob Lee's net worth was reported to be $10 million. His wealth stemmed from decades at the forefront of technological advancement, by building Android, CashApp, and MobileCoin and holding executive positions at several tech companies. He also diversified his income through angel investments in firms such as SpaceX, Figma, Clubhouse, and Tile.
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Proofreading by Kola Muhammed, copy editor at Legit.ng.
Source: Legit.ng
