San Francisco, CA

The richest resident in San Francisco, California

Luay Rahil

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Most people I know dream of working at Facebook or Asana.

That's why I want to talk about Dustin Moskovitz, who helped create these two multi-billion dollar companies. This incredible success made him a very wealthy man.

His net worth exceeds $13.8 billion, making him one of the richest and the youngest self-made billionaire in the country and the richest resident in San Francisco, California.

Who is Dustin Moskovitz?

Dustin Moskovitz is an American entrepreneur, co-founder of Facebook, and co-founder of Asana.

Asana is a work management platform created to help teams organize, track, and manage their work.

On May 22, 1984, Dustin Moskovitz was born in Gainesville, Florida. In 2002, he attended Harvard University, where he shared a room with Chris Hughes and Mark Zuckerberg during their first year. A few weeks later, they met Eduardo Saverin. The four of them became friends, and they created Facebook from their dorm room in 2004.

When Mark Zuckerberg moved to Palo Alto, he convinced Peter Thiel to invest $500,000 in Facebook. The partners used Thiel's money wisely, and they attracted more than 1 million users very quickly. As a result, Thiel's initial investment became more than $1 billion in less than ten years.

Employees are distracted by horrible meetings.

In 2007, Dustin Moskovitz met Justin Rosenstein while working at Facebook, and they were frustrated with the amount of time, energy, and money people spend in meetings, responding to emails, and searching for information.

Dustin and Justin decided to create a tool to make work more efficient. So, they left Facebook and started Asana in 2008. Asana became a powerful tool to help teams do great work and brought ease, focus, and flow to everyone who used it.

Asana went public in 2020 with the ticker ASAN, and Dustin was able to build a second fortune with Asana's success.

Dustin and his wife, Cari, committed to giving their money away.

In December 2010, Dustin Moskovitz and his wife Cari Tuna joined the Giving Pledge, committing to give away most of their wealth to charity.

"We will donate and invest with both urgency and mindfulness, aiming to foster a safer, healthier, and more economically empowered global community." -Dustin Moskovitz and Cari Tuna.

He also started a foundation called Good Ventures in 2011. The organization's mission is to help humanity thrive.

He is an independent thinker who donates a lot of money to Democrats.

Moskovitz considers himself an independent thinker who respects candidates and positions from both sides of the aisle. However, in 2016, Moskovitz donated $20 million to support Hillary Clinton, the Democratic Party candidate.

He defended his decision by saying, "The polarization in America today has yielded a race about much more than policies and ideas. It has become a referendum on who we want to be — as individuals, a nation, and a society."

He was also among some of the biggest contributors to pro-Biden super PAC Future Forward USA by donating $24 million.

If you had Moskovitz's money, what causes would you support?

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