Bob Lee Wife: A Look At The Death Of Late Cash App Founder

June 2024 · 6 minute read

Bob Lee wife, Krista née Drake, parted ways with him years before his death.

Krista, originally from St. Louis, Missouri, moved with him to San Francisco in 2011. They have two children together, Dagny and Scout. 

It is unclear when Bob and Krista separated, but he relocated to Miami, Florida in October 2022 with his father.

Bob’s relationship with his father, Rick, grew stronger after they moved to Mill Valley, California together following the death of Bob’s mother. 

In a tribute to Bob, Rick wrote that their life together was an adventure and that he was grateful for their close relationship. Bob was known for his no-judgment philosophy and willingness to help others.

According to Bob Lee wife, Krista’s Facebook profile, she still resides in the Bay Area with their kids. 

Despite his success with the Cash App, Bob’s personal life remained private, and little is known about his relationships outside of his family.

Cash App founder stabbed- What was the cause of his death?

On Tuesday, the family of Bob Lee, the founder of Cash App, announced that he had been fatally stabbed near the center of San Francisco. 

While MobileCoin’s founder Joshua Goldbard publicly confirmed the news of his death, Bob’s father, Rick Lee, posted a statement on Facebook the following day. 

In his statement, Rick wrote that he had lost his son and best friend, Bob Lee, on the streets of San Francisco early on Tuesday morning. 

He also shared that they had moved from California to Miami in October 2022 and that he was glad they were able to become close over the last few years. Bob was known for his kind nature, his hard work, and his intelligence. 

He never judged anyone and had a strict no-judgment philosophy. His family and friends will miss him, and they appreciate the support they have received.

Bob Lee, also known as ‘Crazy Bob,’ was a well-known figure in the software development world, having played a key role in designing Android and establishing Cash App. 

Despite his reputation and success, Lee was tragically killed on the crime-ridden streets of San Francisco, and no arrests have been made yet. 

He was 43 years old and had recently moved to Miami with his wife Krista, with whom he had two daughters. 

Lee was the chief product officer of cryptocurrency startup MobileCoin but was in the Bay Area on a week-long business trip when he was killed. 

The former Bob Lee’s wife remains silent on his death

The former Bob Lee’s wife, Krista, has not shared any official statement on his death yet.  

According to his friends, he had decided to extend his trip by one day when the attack happened.

Earlier today, Joshua Goldbard, the founder of MobileCoin, expressed his admiration for Bob Lee on Twitter, stating that Bob was an incredible human being and that saying his name in the past tense felt ridiculous. 

Goldbard also described Lee as an artist and someone with a kaleidoscopic mind. Goldbard went on to express his grief over the loss of a dear friend, whom he considered a brother. 

Jack Dorsey, the co-founder of Twitter, described Lee as being instrumental to Square and Cash App, and also expressed his condolences. 

1/ Thread 🧵

.@crazybob was an incredible human being. Saying bob’s name in the past tense feels ridiculous.

I don’t even know where to begin.

— Joshua Goldbard (@ThePBXGuy) April 5, 2023

Elon Musk, the CEO of Twitter and Tesla, weighed in on the incident, asking the San Francisco DA what was being done to incarcerate repeat violent offenders, stating that many people he knew had been severely assaulted in San Francisco and that violent crime was horrific in the city.

Bob is also survived by his brother, Tim Oliver. His youngest child, the Scout, is approximately 14 years old. 

When was it founded?

Cash app was founded in 2013. Cash App, a mobile payment service developed by Square, has seen tremendous growth over the past few years. 

In 2019, the app had 44 million verified monthly users and made profits of $1.8 billion. As of 2020, the app was valued at around $40 billion, according to Forbes Magazine.

This valuation reflected the app’s increasing popularity and the rise of digital payments in general.

Cash App has also been able to capitalize on the growing trend of digital payments.

With the COVID-19 pandemic forcing many businesses to switch to contactless payments, Cash App has become a popular option for consumers who prefer not to use cash or credit cards. 

The app’s ability to process payments quickly and securely has also helped it gain a loyal following.

Cash App generated a gross profit of $2.95 billion, up 43% year over year, and had a net profit of the same amount. In 2022, the app had 51 million monthly active users, and 13 million people had a Cash Card in 2021. 

Overall, Square wants Cash App to be more than a simple payment tool and aims for it to be a hub for all financial interests.

Wife, age & career

Lee was a tech industry veteran who invested in companies such as SpaceX, Clubhouse, and Figma. 

He worked as an open-source developer for ten years in St. Louis before moving to San Francisco and working as an engineer at Google, where he assisted with setting up the core library for the development of the Android operating system. 

Lee was also involved in fundraising efforts, and in 2009, he swam from Alcatraz to San Francisco to raise funds for the American Liver Foundation. 

After five years at Google, Lee was hired by Square to develop its Android app. He later became the company’s first CTO and left in 2014 to become an advisor for startups and an angel investor

In 2015, he became CEO of the local chat group app Present, and in 2018, he invested in his current company, MobileCoin, which later received $66 million in venture backing.

Lee hoped that MobileCoin could democratize access to digital cash for the unbanked worldwide.

Lee’s social media accounts showed glimpses of his personal and professional life, including his love for coffee and his travels to various tech events and festivals. 

Bob Lee got married to an American woman named Krista, but the couple parted ways. 

Bob Lee wife, Krista née Drake, lived with him in San Francisco with their two children before their separation.

Bob Lee net worth

Before his untimely death, Bob Lee had an estimated net worth of $10 million, largely due to his involvement in various companies throughout his career, including being the creator of the successful Cash App. 

Market Realist reported his net worth to be around $10 million. 

The app had 44 million verified monthly users in 2019, generating profits of $1.8 billion, according to Reuters. Forbes Magazine reported in 2020 that the net value of the Cash App was around $40 billion. 

Although teenagers had access to the app, they could not invest in crypto or stocks until they reached 18. The Cash App had 51 million monthly active users and a gross profit of $2.95 billion in 2022.

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