Craig Newmark is the famous American based internet entrepreneur. Contrasting to his early childhood which was spent in utter poverty, Craig had buckled up well and had struggled hard to reach the present height of success and win a whopping net worth of Billion for himself.
Craig is specifically known for founding the eminent company of Craigslist which is an international website established in the popular region of San Francisco. Now let’s have a close look on Craig Newmark’s net worth in 2018.
Craig Newmark was born on the 6th of December in the year 1952 to parents Lee and Joyce Newmark in the Morristown region of New Jersey. In his early childhood, he had attended a Jewish school. However, life took an unfortunate turn when at the age of thirteen he had lost his father. After that, his mother had to struggle hard to make ends meet.
Craig had grown up as a brilliant student and had also completed education at the Morristown High School, henceforth which he went on to attend the Case Western Reserve University. Bagging various scholarships, he had finally graduated in the year 1975 with a bachelor degree in science. In 1977, Craig was also furnished with the master degree.
Following his graduation, Craig had joined the prestigious company of IBM where he had officially served as a programmer for seventeen long years. During his term he had served in two separate regions, being Boca Raton in Florida and Detroit. Henceforth, he had shifted to San Francisco in the year 1993 where he had met Charles Schwab who had brought to his notice the facility of internet.
In the year 1995, he had initiated by distributing e-mails within his friend’s circle where he would circulate and popularise his own posts. The posts often consisted of brochures and notices about the recent events going to take place, awareness about software as well as acknowledged about the San Francisco Bay region. This had encouraged several people to actively participate in the technical posts which had led to the establishment of the “Jobs” section. With the inclusion of newer facilities and welcoming fresh recruiters as per the requirement, Craig went on to create his own website in the year 1996 which was henceforth known as Craigslist.org.
In 1998, he had also furnished himself with additional knowledge of Java programming and had started serving as a software engineer. With the unstoppable growth and popularity of Craigslist in 1999, Craig had started contributing to the website on a full-time basis.
In 2004, Craig had also included a separate section where paid jobs could be posted. With its inauguration, Los Angeles and New York had become the first cities to post job requirements for $25 per job. Besides this, one could also post unpaid jobs, free internships and low-paid recruitment options in the “Gigs” section.
By 2012, Craigslist had already spread to around 700 other cities within 70 major countries. Reaching over 100 million advertisements, more than 6 million job postings, and around 30 million new views, Craigslist had scaled new milestone and is ever growing to date.
Awards & Achievements
Craig Newmark had garnered immense appreciation and global recognition with the prestigious internet platform Craigslist.
Net Worth of Craig Newmark
Craig Newmark was not blessed with a luxurious childhood and had to suffer a lot after his father’s death. However, supported thoroughly by his mother, Craig had completed his studies and had channelised his brilliance in the right path.
Completing his education by winning several scholarships he had enlightened himself with excellent knowledge in the field of programming and internet owing to which he has eventually rewarded himself with an approximate net worth of $1.31 billion.
Craig Newmark is a self-established man who had excelled in the field of knowledge and invention by sheer effort and hard work. Besides, he is also known for his humble nature. Craig had also extended hands to various charitable organisations. Even after earning a flabbergasting net worth which is still a dream for many, Craig has not let arrogance make way to his nature.