He is a billionaire! Many people know Chris Sacca as a successful investor and company advisor. But how much is exactly Chris Sacca net worth?
Let’s take a look at some highlights about Chris Sacca net worth, career, and personal life below.
|Date of Birth
|May 12, 1975
|6 ft 1 in (183 cm)
|Salary / earning / income per year
|$220 million annually
|Investor, Entrepreneur, Company Advisor, Lawyer
Chris Sacca Private Identity
Before we discuss Chris Sacca net worth, here is some basic information about Chris Sacca you need to know.
- Legal Name & Stage Name: Chris Sacca was born Christopher Sacca.
- Date of Birth: He was born on May 12, 1975.
- Gender & Height: Chris Sacca is a male with a height of 6 ft 1 in tall.
- Nationality: Chris Sacca was born in New York City, U.S. and he is an American.
- What is Chriss Sacca Best Known for?
- Chris Sacca is best known as an angel investor and the founder of Lowercase Capital.
- His venture company famously has invested in some successful early-stage technology like Uber, Instagram, and Twitter.
More Details About Chris Sacca
Chris Sacca was born and raised in New York City. He is the son of Gerald Sacca and Katherine Sacca. He has a younger brother, Brian Sacca, who is an actor.
During his early life, Chris Sacca was a bright kid. After graduating from high school, he attended Georgetown University while spending another semester in some universities abroad like in Ecuador, Ireland, and Spain.
Chris Sacca graduated from Edmund A. Walsh School of Foreign Service at Georgetown University and spent other semesters abroad at the Pontificia Universidad Catolica del Ecuador, in Ecuador, University College Cork, in Ireland, and Universidad Compultense in Madrid, Spain.
Chris Sacca was graduated cum laude in foreign service in 1997. He was also a member of The Tax Lawyer law review and received the Philip A. Ryan and Ralph J. Gilbert Memorial Scholar honors from the school.
- Personal Life
Chris Sacca is married to Crystal English Sacca and blessed with three children.
Chris Sacca’s Career
Chris Sacca career was not different from many other successful entrepreneurs. He started from a failure to a successful businessman. Here are Chris Sacca’a career story highlights that build Chris Sacca net worth into a tremendous amount of money.
- Trading in Stock Market
During his study in law school, Chris Sacca started his first venture company with his student loans but failed. He then used his remaining money to start trading on the stock market. He was able to transform $10-20 thousand into $12 million in 2000 by leveraging transactions for considerable sums. He was discovering a weakness in the software of internet trading companies in 1998.
- Chris Sacca at Fenwick & West
In 2000, Chris Sacca began his work at Fenwick & West for handling venture capital, acquisition, mergers, and licensing transactions for many clients in the technology industry such as Macromedia and Kleiner Perkins. He survived for 13 months after getting laid off in 2001. Chris Sacca later worked as a freelancer until he was hired by Google in 2003.
- Chris Sacca at Google
In 2003, Chris Sacca was hired by Google as part of the legal and business development team. He had some responsibilities to hold a large data space center and negotiate with many parties around the world. After some time in Google, he decided to leave the company in 2007 and became an angel investor where he more focusing himself on investment.
- Chris Sacca Investment
Chris Sacca started his investment in Photobucket which was later sold to News Corp. He then invested in Twitter for $25,000. Following the potential success of Twitter in 2007, Chris Sacca took part in a $5 million investment round for Twitter, eventually forming four different entities to covertly purchase as many Twitter shares as possible.
Later on, in 2010, Chris Sacca established his own venture capital, Lowercase Capital, which was getting more popular among entrepreneurs as his name was getting known as an angel investor. He successfully closed his Lowercase Ventures Fund I with $8.4 million in 2010. The company has invested in Uber, Docker, StyleSeat, Instagram, and Twitter.
Chris Sacca net worth gradually increased in a tremendous amount of money after his venture capital was successfully had an investment portfolio for about 80 startups and various mature companies by 2017. The transaction made by his venture company is approximately more than $8 billion.
Chris Sacca on Shark Tank
Chris Sacca also invested in media in 2015. He appeared in a business reality show, Shark Tank, as a guest shark for four episodes in season 7. Chris Sacca invested in Rent Like a Champion and Hacthbaby. In the next season, he appeared for five episodes and invested about $600,000 for ToyMail.
Chris Sacca Net Worth
Chris Sacca net worth in 2022 is estimated to reach $1.5 billion. Here are some highlights about Chris Sacca net worth and wealth.
Chris Sacca net worth is primarily sourced for his own business as a founder of Lowercase Capital with successful investment portfolios.
- Real Estate
Chris Sacca net worth is related to his real estate properties. In 2011, Chris Sacca reportedly bought a house in Manhattan for about $5 million, with a size of 5,000 sq ft. In 2014, he bought a house next door for $4 million. In the same year, he bought a villa in Los Angeles for about $6,4 million. He also purchased a surprisingly modest house in Carlsbad for $1,1 million. Recently he bought a house in Washington, but there is no more detailed information regarding its value.
- Sport Cars
In an episode of Shark Tank, Chris Sacca once said that his only interesting car is a Tesla. However, there was no further information about what type of Tesla related to Chris Sacca net worth.
As his successful investment and business, Chris Sacca net worth is accumulated from his $220 million annual income.
- How does Chris Sacca Make Money?
He primarily makes money from his venture company and investment activities.
How did Chris Sacca lose his money?
Chris Sacca had lost money when the market crashed in the early 2000s. Chris Sacca got himself in financial trouble, with a four-million-dollar debt. He secured a lower payment of $2.125 million and paid it off by 2005.
Chris Sacca announced his retirement from investing startups and his role in the show. Shortly after his announcement, he was dropped off from the Midas List as the most influential investor in the world by Forbes. However, he seems to still invest in something else.
Although he announced to retire a few years ago, Chris Sacca seems to have attempted to back in investment again. He stated that he started to invest in cryptocurrency and NFT.