Jimmy Wales Net Worth is$1 Million
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Profession: Entrepreneur, Businessperson, Investment banking, Internet Entrepreneur, Trader

Date of Birth: Aug 7, 1966

Nicknames: Jimbo Wales, The Sole Flounder

Ethnicity: Caucasian

Country: United States of America

Jimmy Wales is an American Internet entrepreneur with a net worth of $1 million. Jimmy Wales acquired that net worth as the co-founder and promoter of Wikipedia, an open content encyclopedia on the Internet. In 2004, he created Wikia, a webhosting service. He was born in Huntsville, Alabama and lives in Florida. Wikipedia is the 6th largest website in the world and if it showed advertisements would be worth over $3 billion by some accounts. That means that Jimmy Wales should be a billionaire but instead he heroically has turned down all offers to profit off of Wikipedia and instead turned the company into a charity. His $1 million net worth is derived largely from activities outside of wikipedia including speaking engagements and his salary as the head of the for profit company Wikia, a wiki hosting service.
Jimmy Donal "Jimbo" Wales ( /'do?n?l 'we?lz/; born August 7, 1966) is an American Internet entrepreneur best known as a co-founder and promoter of the online non-profit encyclopedia Wikipedia and the Wikia company. Wales was born in Huntsville, Alabama, United States, where he attended Randolph School, a university-preparatory school, then earned bachelor's and master's degrees in finance. While in graduate school, he taught at two universities, but left before completing a PhD in order to take a job in finance and later worked as the research director of a Chicago futures and options firm. In 1996, he and two partners founded Bomis, a male-oriented web portal featuring entertainment and adult content. The company would provide the initial funding for the peer-reviewed free encyclopedia Nupedia (2000-2003) and its successor, Wikipedia.
On January 15, 2001, with Larry Sanger and others, Wales launched Wikipedia, a free, open content encyclopedia that enjoyed rapid growth and popularity, and as Wikipedia's public profile grew, he became the project's promoter and spokesman. He is historically cited as a co-founder of Wikipedia, though he has disputed the "co-" designation, declaring himself the sole founder. Wales serves on the Board of Trustees of the Wikimedia Foundation, the non-profit charitable organization he helped establish to operate Wikipedia, holding its board-appointed "community founder" seat. In 2004, he co-founded Wikia, a for-profit wiki-hosting service. His role in creating Wikipedia, which has become the world's largest encyclopedia, prompted Time magazine to name him in its 2006 list of the world's most influential people.
Wales was born in Huntsville, Alabama, on August 7, 1966. His father, Jimmy, worked as a grocery store manager while his mother, Doris, and his grandmother, Erma, ran the House of Learning, a small private school in the tradition of the one-room schoolhouse, where Wales and his three siblings received their early education.

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Jimmy Wales Latest News

Wikimedians and free knowledge leaders convene in Montreal for 13th annual Wikimania

The event kicked off with an opening ceremony featuring Jimmy Wales, founder of Wikipedia, Katherine Maher, Executive Director of the Wikimedia Foundation, Benoit Rochon of Wikimedia Canada, and Harout Chitilian, Vice-chairman of the Executive Committee ...
Posted: August 11, 2017, 9:32 am

The evolution of Wikipedia’s reputation

Co-founder Jimmy Wales talks misinformation and the fight for truth at Wikimania 2017 The conference room filled with Wikipedia contributors and enthusiasts eager to hear from the website’s co-founder, Jimmy Wales, on Aug. 11. Alongside Gabriella Coleman ...
Posted: August 15, 2017, 7:47 am

Jimmy Wales thinks WikiTribune can fix the news. Is he right?

Since Wikipedia co-founder Jimmy Wales announced WikiTribune three months ago, the crowdfunded news platform has attracted some serious support: They've successfully raised money for 10 journalists, moved into a temporary office space in London, and ...
Posted: August 9, 2017, 1:00 am

Taylor Swift mysteriously wipes social media accounts as internet scrambles for answer

Notable figures, including social media icons Mark Zuckerberg and Jack Dorsey, and Wikipedia co-founder Jimmy Wales, have all had their accounts compromised in the past year by a hacking group called OurMine which exposes holes in security systems.
Posted: August 20, 2017, 6:27 am

Inside peek: Here’s how we built Wikitribune in 72 hours

“The business models for journalism are a real challenge,” Jimmy Wales, co-founder of Wikipedia told us. “In particular, the advertising-only business model has been devastating for journalism, as it pushes in the direction of a race to the bottom ...
Posted: August 13, 2017, 1:40 pm
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