How rich is Craig Newmark?


How rich is Craig Newmark?

Craig Newmark Net Worth:
$400 Million

Craig Newmark Net Worth:

Craig Newmark Net Worth $400 Million

Craig Alexander Newmark is an American Internet entrepreneur best known for being the creator of the San Francisco-based international web site Craigslist. On the grounds of recent study made upon his internet wealth property till the exact date, his net worth has been said to be around $400 million dollars.

He attended Jewish religious school and had a bar mitzvah. His dad, an insurance salesman, died when he was thirteen and his mom struggled financially, transferring Craig and his brother Jeff into an apartment. In the commercial field, he’s best known for being the creator of the San Francisco-based international web site Craigslist, a extremely popular classified advertisements web site with sections dedicated to jobs, housing, personals, for sale, items wanted, services, community, positions, cvs and talk forums. Newmark started the service in 1995 as an e-mail distribution list to friends, featuring local events in the San Francisco Bay Area, before being a web-based service in 1996 and growing into other classified groups. It began expanding to other U.S. cities in 2000 and now covers 50 states.

At present, Newmark resides in San Francisco’s Cole Valley. Newmark has contributed to the presidential campaign of Democratic Senator and current United States Secretary of State John Kerry. In 2006 he contributed $10,000 to a nonprofit group, NewAssignment.Net, which intended to join the work of hobbyists and professionals to create investigative reports on the Internet. He additionally runs Craigconnects, a website that publicizes charitable organizations to the media in a attempt to get support for this organization.

Birth date: December 6, 1952
Birth place: Morristown, New Jersey, United States
Profession: Entrepreneur, Writer, Businessperson
Education: Case Western Reserve University (1977), Case Western Reserve University (1975), Morristown High School
Nationality: United States of America
Spouse: Eileen Whelpley (m. 2012)

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