Meet Craig ‘Craigslist’ Newmark, the self-professed ‘nerd’ who built a $1 billion online listing empire and donated $20 million to a media company that’s now facing a massive editorial exodus

Meet Craig ‘Craigslist’ Newmark, the self-professed ‘nerd’ who built a $1 billion online listing empire and donated $20 million to a media company that’s now facing a massive editorial exodus

Craig Newmark hasn’t worked at Craigslist for nearly twenty years.

Instead, the billionaire founder — who started his site in 1995 — dedicates his time to philanthropy. Despite criticism for his site’s negative impact on print newspapers, Newmark is a dedicated supporter of journalism, donating millions to publications such as ProPublica and the Poynter Institute.

He also donated $20 million to a forthcoming tech publication, The Markup, which made headlines on Tuesday for its staff exodus following the departure of its editor-in-chief, Julia Angwin. The nonprofit publication was set to investigate tech companies and was supposed to officially launch in July.

Read more: A yet-to-launch tech news site backed by Craigslist’s founder is facing a staff exodus after its renowned editor-in-chief was forced out

After a long career with IBM, Newmark started Craigslist — originally an email newsletter called “San Francisco Events” — in Silicon Valley. In a 2018 interview with Business Insider’s Jim Edwards, Newmark talked about his decision to not take the VC route and also referred to himself as an “old-fashioned” nerd.

Keep reading for a look at Craig Newmark’s life and career, from his start at IBM to his recent philanthropy focus.

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