Author Topic: Craigslist founder giving away fortune  (Read 1336 times)

Cool Friend

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Craigslist founder giving away fortune
« on: April 09, 2019, 07:08:18 AM »
https://morristowngreen.com/2019/04/08/craigslist-founder-giving-away-fortune-with-jewish-values-honed-in-morristown-as-moral-compass/

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“More and more I’m conscious of the notion of treating people like I want to be treated, and more and more I’m conscious of the notion that I got lucky financially and I should share that in ways that mean something,” he said.

Forbes pins Newmark’s personal wealth at $1.6 billion, though he disputes that figure, and there’s nothing in his demeanor or lifestyle to suggest he is a man of means. He lives simply and eschews conspicuous consumption. His focus the last few years has been giving away part of his fortune through his foundation, with a focus on veterans and military families, voter protection, women in technology and journalism.

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“You need to know when enough is enough, regarding money and material possessions,” he said, “You don’t have to have that much to be happy.”

GreenToTheCore

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Re: Craigslist founder giving away fortune
« Reply #1 on: April 11, 2019, 06:16:02 PM »
This is great! I wonder if he's on this forum...
Thanks for sharing.

pvnotp

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Re: Craigslist founder giving away fortune
« Reply #2 on: April 24, 2019, 08:57:13 AM »
I suppose we shouldn't be surprised that the creator of such a powerful tool for mustachian living is mustachian himself!

pachnik

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Re: Craigslist founder giving away fortune
« Reply #3 on: May 01, 2019, 03:33:52 PM »
Thanks for posting the article.  He sounds like a wonderful man. 

calimom

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Re: Craigslist founder giving away fortune
« Reply #4 on: May 01, 2019, 06:18:21 PM »
He's always seemed like a pretty cool guy from everything I've ever heard about him. How does Craigslist make money though? The only thing I'm aware generating revenue is the job listings - and those are not pricey in comparison. There are no banner ads, nothing like that. Do car and furniture dealers pay for ads? Large apartment complexes? Just curious, in the way I'm curious about LinkedIn also.
« Last Edit: May 01, 2019, 06:20:11 PM by calimom »