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$1.6 billion
- Founder of online ads site Craigslist, Craig Newmark has, according to Forbes, a net worth of $1.6 billion. He stepped back from the company in 2000, and now focuses on philanthropy.
www.businessinsider.com/craig-newmark-craigslist-founder-net-worth-philanthropy-media-company-2019-4How Craig 'Craigslist' Newmark Built a $1 Billion Online ...
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Newmark was a billionaire for years before dropping off the list in 2020. In December 2022, he announced that he's giving nearly all his wealth to charitable causes.
- Entrepreneur
In April 2020, Forbes estimated his net worth to be $1.3 billion but he has since dropped off its billionaires list. In an interview published by Nieman Lab in 2017, he called a prior $400 million Forbes estimate of his net worth "bogus" and said that "by monetizing Craigslist the way I did in 1999, I probably gave away already 90 percent or ...
Aug 4, 2020 · “I tested positive for coronavirus in June, having apparently had the virus asymptomatically,” says Craig Newmark, billionaire founder of Craigslist, via a Google Hangouts video call from his San...
- Angel Au-Yeung
Apr 24, 2019 · Craig Newmark hasn't worked at Craigslist for nearly twenty years. Instead, the billionaire founder — who started his site in 1995 — dedicates his time to philanthropy.
May 3, 2017 · Based on valuations of comparable publicly traded companies including eBay, Forbes conservatively estimates that Craigslist is worth at least $3 billion. That makes Newmark, 64, who owns at...
Oct 27, 2023 · Since retiring from Craigslist in 2018, he has become a crusader for cybersecurity protections, trustworthy journalism and veteran support. Now, at 70, he’s preparing for his next stage in life...
Mar 8, 2022 · In 2020, Forbes estimated Craig Newmark's net worth at $1.3 billion. The New York Times suggests that Newmark's popular site has hurt local newspapers' revenue by drying up print classified ads, which used to be a steady source of income.