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Craig Newmar Net Worth

How rich is Craig Newmark?

Craig Newmark Net Worth:
$400 Million

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)
Source: Wikipedia & Freebase

Craig Newmark profiles:


Craig Newmark wiki & biography:

Among the most successful entrepreneurs of now Craig Newmark net worth has been estimated to reach 400 million dollars, which makes him one of the multimillionaires in the company sector. Produced in 1952, Craig Newmark is mostly called a businessperson and in addition as a writer. The entrepreneur whose complete name is Craig Alexander Newmark is involved into creating internet websites. He was the one that founded the web website called “Craigslist”, which will be located in San Francisco. The website is an international one also it brings millions of dollars to the total amount of Craig Newmark net worth.

Produced in New Jersey, Craig Newmark attended Morristown High School, from which he graduated in 1971. When he finished high school, Craig Newmark enrolled into Case Western Reserve University. To people, he is also called the one who stands up for the Internet being free. He even contributed 10 thousand dollars to “NewAssignement.net”, which is called a non profit group which aims at making inquired reports online.

He is also referred to as a part of numerous organizations. Moreover, he is active in the New America Foundation Leadership Council and also Sunlight Foundation. In 2012, Internet Society inducted In in the Internet Hall of Fame, that was a great achievement for the entrepreneur.

Talking more about his own website “Craigslist”, he’s in charge with dealing with folks who sent spams and scams. His initial intention to make the site was to make a network that was not commercial and where advertisements and discussion boards would be produced. Today, the web site works in 55 countries and in 550 cities. Moreover, it reaches around 35 million visitors every month.

Craig Newmark’s yearly salary has been not proven though but people rumor that it might be as great as 5 million dollars annually. In 2008, Craig Newmark was named as one of the very most influential people online from the BusinessWeek. So, his company in net has grown a lot and today is among the very most popular services on the net, which brings a lot of cash to the overall sum of Craig Newmark net worth.
Craig Alexander Newmark is an American Internet entrepreneur best known for being the creator of the San Francisco-based international site Craigslist. On the grounds of recent study made upon his net wealth possession till the exact date, his net worth has been said to be around $400 million dollars.

Craig Newmark was born to a Jewish family on December 6, 1962 in Morristown, New Jersey as a son of Joyce and Lee Newmark. 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, moving Craig and his brother Jeff into an apartment. In 1971, he graduated from Morristown High School and thanks to scholarships, attended school at Case Western Reserve University, where he received a Bachelor of Science degree in 1975 and a Master of Science degree in 1977. After college, Newmark worked at IBM for 17 years as a programmer, living in New Jersey, Boca Raton, Florida and Detroit. In the industry field, he is best known for being the founder of the San Francisco-based international site Craigslist, a wildly popular classified advertisements site with sections dedicated to jobs, housing, personals, for sale, items wanted, services, community, positions, cvs 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 being a web-based service in 1996 and expanding into other classified categories. It started expanding to other U.S. cities in 2000 and now covers 50 states.

At present, Newmark resides in San Francisco’s Cole Valley. Forbes featured Newmark in its “Billionaires In The Making” list in 2010, estimating his net worth at $400 million. 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 stories on the Internet. He also operates Craigconnects, a website that publicizes charitable organizations to the media within an attempt to gain assistance for this organization.

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