Dustin Moskovitz Biography: Age, Net Worth, Family Height, Wife, Education, Personal Life, Career, Awards and Nomination
Dustin Moskovitz, an American billionaire internet entrepreneur, is one of the co-founders of Facebook, Inc. (now known as Meta Platforms).
Alongside Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, and Chris Hughes, he played a pivotal role in establishing the company.
However, in 2008, Moskovitz decided to leave Facebook and venture into a new endeavor. He co-founded Asana with Justin Rosenstein.
In March 2011, Forbes recognized him as the youngest self-made billionaire globally, primarily due to his 2.34% ownership stake in Facebook at the time.
According to the Bloomberg Billionaires Index, as of October 2023, Moskovitz’s net worth is estimated to be around US$18.0 billion.
| Born | Dustin Aaron Moskovitz May 22, 1984 Gainesville, Florida, U.S. |
|---|---|
| Education | Harvard University (dropped out) |
| Known for |
|
| Spouse |
Early Life
Moskovitz, a member of the Jewish community, was born on May 22, 1984 in Gainesville, Florida and was raised in Ocala, Florida.
He completed his education at Vanguard High School, successfully graduating from the IB Diploma Program.
Following this, Moskovitz pursued an economics major at Harvard University for a period of two years before relocating to Palo Alto, California with Mark Zuckerberg to dedicate his efforts full-time to Facebook.
Career
Facebook was established in 2004 by four individuals, including Mark Zuckerberg, Eduardo Saverin, Chris Hughes, and Dustin Moskovitz, who were roommates at Harvard University.
Originally known as thefacebook.com, the platform was created to serve as an online directory for Harvard students.
In 2004, Zuckerberg, Hughes, and Moskovitz relocated Facebook to Palo Alto, California, and expanded the team by hiring eight employees.
Sean Parker later joined the group. Moskovitz held key positions at Facebook, including chief technology officer and vice president of engineering.
Asana was founded in 2008 by Moskovitz and Justin Rosenstein, an engineering manager at Facebook.
The company’s goal is to enhance the productivity of office workers by offering a platform to manage and monitor projects and tasks.
Moskovitz continues to serve as CEO, while Rosenstein is now a board member and advisor.
In 2020, Asana went public with a market value of approximately $5.5 billion through a direct listing. By 2021, Asana had amassed over 107,000 paying customers.
Philanthropy
Moskovitz and his girlfriend, now wife, Cari Tuna, co-founded the philanthropic organization Good Ventures in 2011.
In June 2012, Good Ventures announced a close partnership with charity evaluator GiveWell, both aiming to maximize their impact in line with effective altruism principles.
Good Ventures has generously donated around $100 million to GiveWell top charities such as Against Malaria Foundation, GiveDirectly, Schistosomiasis Control Initiative, and Deworm the World Initiative, as well as other effective altruist organizations.
The collaboration with GiveWell led to the creation of the Open Philanthropy Project, which seeks to determine the most effective ways to utilize significant financial resources, including Moskovitz’s substantial fortune.
The Open Philanthropy Project has evolved into a distinct organization, consistently increasing its annual giving and making over $170 million in grants in 2018 alone. Moskovitz advocates for using rationality in decision-making processes.
In 2023, through the Open Philanthropy Project, Moskovitz donated $900,000 to support scientists in Africa, Asia, and South America in studying the impacts of climate change.
Additionally, Moskovitz and Tuna became the youngest couple to join the Giving Pledge initiated by Bill Gates and Warren Buffett, committing to donate the majority of their wealth to philanthropic causes.
Moskovitz is also a signatory of The Giving What We Can Pledge.
Politics
Moskovitz has consistently voted for Democratic Party candidates in every election he has participated in.
However, he has also emphasized that he and his wife consider themselves independent thinkers who respect candidates and positions from both sides of the political spectrum.
Prior to the 2016 election, Moskovitz and his wife had donated approximately $10,000 to federal candidates, with a significant portion going to Sean Eldridge, the husband of Facebook co-founder Chris Hughes.
In addition to their political contributions, Moskovitz and his wife have been active supporters of the Open Philanthropy Project.
Through this project, they have made substantial donations, including around $500,000 to California YIMBY and $2 million to Open New York, a YIMBY group based in New York City.
During the 2016 presidential election, Moskovitz announced a $20 million donation to support Hillary Clinton, the Democratic Party nominee.
Despite their reservations about the influence of large donors on election cycles, Moskovitz and his wife believed that the potential dangers of a Donald Trump presidency warranted their contribution.
Moskovitz expressed his concerns about the Republican Party’s vision and emphasized the importance of unity and cooperation.
In the 2020 presidential election, Moskovitz donated $24 million to support Joe Biden, the Democratic Party nominee.
Asana, the company co-founded by Moskovitz, also made significant contributions totaling around $45 million, primarily from Moskovitz and his wife.
This made Asana the second largest contributor to Biden’s campaign, following Bloomberg LP.
Other business activities
Personal life
Media depictions
Net Worth
Dustin Moskovitz net worth, According to Forbes, is worth 16 billion USD (2024).
Discover more from ALLBIOHUB
Subscribe to get the latest posts sent to your email.
One Comment