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DescriptionJames Morgan McKelvey Jr. is an American billionaire businessman who co-founded Block, Inc. McKelvey was appointed as an independent director of the Federal Reserve Bank of St. Louis in January 2017. As of July 2023, his net worth was estimated at US$2 billion.James "Jim" Morgan McKelvey Jr. is a New York City-based, American, billionaire, and businessman, who co-founded Block, Inc.(formerly Square). He is a Board Director at Emerson Electric.