Craig Newmark Net Worth: Craig Newmark is an American internet entrepreneur who has a net worth of $400 million dollars. Craig Newmark was born December 6, 1952 in Morristown, New Jersey. He is best known for being the founder of the San Francisco-based international website Craigslist, a wildly popular classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés and discussion forums. Newmark launched the service in 1995 as an email distribution list to friends, featuring local events in the San Francisco Bay Area, before becoming a web-based service in 1996 and expanding into other classified categories. It started expanding to other U.S. cities in 2000 and currently covers 50 countries. After college, Newmark worked at IBM for 17 years as a programmer, moving from New Jersey to Boca Raton, Florida and then Detroit. In 1993, he moved to San Francisco to work for Charles Schwab where he was introduced to the internet, which was commercial-free at the time. He developed Craigslist as a free marketplace where people could come together—without charge—and exchange information (described as an "internet commune"). Newmark remains active at Craigslist in customer service, mostly dealing with spammers and scammers. He also operates Craigconnects, a site that publicizes charitable organizations to the media in an effort to gain assistance for that organization.
Craig Newmark Net Worth
Have something to add to this net worth? Share it by adding comments below.
Date of Birth
Dec 6, 1952 (63 years old)
Entrepreneur, Writer, Businessperson
United States of America
31-Year-Old Mark Zuckerberg Is Now The 4th Richest Person In The Worldon Feb 4, 2016
Who Will Be The First $100 Million Earner In Tennis - Novak Djokovic Or Roger Federer?on Feb 7, 2016
John Legend And Chrissy Teigen Buy Rhianna's Former House For $14.1 Millionon Feb 6, 2016
Is Vladimir Putin Secretly Sitting On A $200 Billion Fortune?on Feb 8, 2016
The 10 Most Successful NBA Ownerson Feb 8, 2016
Salsa King Marc Anthony Puts Tarzana Mansion On Market For $4.35 Millionon Feb 8, 2016
Boxing Legend Mike Tyson Pays $2.5 Million For Huge Las Vegas Mansionon Feb 8, 2016
The Wealth Gap: The Richest 62 People In The World Vs. Everyone Elseon Feb 8, 2016
Would You Rather Have $100k Or Own 10% Of Nike? This NBA Player Chose... Poorly.on Feb 8, 2016
Marshawn Lynch Hasn't Spent A Dime Of His $50 Million NFL Salaryon Feb 8, 2016
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
- Eccentric Millionaire John McAfee is Making a ComebackRenegade and eccentric cybersecurity pioneer John McAfee is back in the news with new business ventures, documentaries, and a bid for the White House.
- Jeff Beacher Offers $90 Million For Playboy Mansion, Hef And AllBeacher's Madhouse creator Jeff Beacher offers $90 million for the Playboy Mansion and plans to turn it into a members-only resort. But most importantly, he wants Hef to stay!
- Ferrari Spider Falls Just Short Of World RecordAlthough it fell just short of the world record at $38 million (for another classic Ferrari), the Spider Scaglietti still went for more than its estimated sale price of $31 to $35.5 million.
- Hedge Fund Billionaire Flips Miami Condo For $13 Million Profit After Just 5 MonthsKen Griffin, the billionaire hedge fund manager, has been on a real estate buying streak for the last few years. Now, he's trying to unload two of his recently purchased condos in Miami.