Who is Jimmy Wales and what is his net worth 2018? Jimmy Wales in an internet entrepreneur who is the President of Wikia, Inc. He is the co-founder of the online encyclopedia ‘Wikipedia’. He is also on the board of the non-profit charitable organisation ‘Wikimedia Foundation’. Wikipedia is a free non-profit online encyclopedia which is the world’s largest encyclopedia. In 2006, Time Magazine named Wales on the list of “The 100 Most Influential People in the World”. He began his career by working with the Chicago Options Associates. He has been referred as the birth of Wikipedia. Wales has received several honours in his career.
Jimmy Donal Wales was born on August 7, 1996, in Huntsville, Alabama. He was born to parents Doris Ann and Jimmy Wales. His father was a manager in a grocery store and his mother ran a small housing school with his grandmother Erma. Although he was born on 7th August, his birth certificate has his date of birth as August 8, 1966.
He has got three other siblings and his primary education began in ‘House of Learning’ which was run by his grandmother and mother. At the age of 3, his mother bought him ‘World Book Encyclopedia’. He then went to Randolph School and graduated at the age of 16. In 1986, he earned his BA degree in finance from Auburn University. Following this, he went to the University of Alabama and earned his Master’s Degree. Wales then did his Ph.D. in finance program from Indiana University.
Jimmy Wales first married Pamela Green at the age of 20. In 1993, the couple divorced. In March 1997, he married Christine Rohan. They had a daughter together and they separated in 1998. In 2008, he had a relationship with Rachel Marsden. In October 2012, Wales was married to Kate Garvey. The couple has two daughters. He is an atheist and currently resides in London, England.
In 1994, Jimmy Wales was employed in the trading firm Chicago Options Associates. He was obsessive on the internet from an early age. In 1995, he decided to become an internet entrepreneur. In 1996, he co-founded the web portal ‘Bomis’. It is a web portal similar to Maxim magazine. In January 2011, he launched Wikipedia along with Larry Sanger.
It was originally planned to be a profitable business but became a non-profit encyclopedia. Although he is the co-founder, he has proclaimed that the sole founder of Wikipedia is Wales. In 2003, he set up Wikimedia Foundation in St. Petersburg, Florida. He became the chairman of the foundation and served till 2006. Since then he has been holding honorary titles. The foundation is now located in San Francisco, California.
He gives an address called “State of the Wiki” at the annual Wikimania conference. In 2004, he formed Wikia with Angela Beesley. In 2014, he became the co-chair of The People’s Operator which is a mobile phone network.
In 2006, Jimmy Wales was listed at No. 12 in the “The Web Celebs 25” by Forbes. He won the Global Brand Icon of the Year Award in 2008. In 2009, he won the Nokia Foundation Award. In 2013, he was conferred with the UNESCO Niels Bohr Medal.
Jimmy Wales Net Worth
Jimmy Wales was interested in the internet since he was a student. He read his first encyclopedia when he was three. He has successfully founded Wikipedia and various other organisations. Jimmy Wales’s net worth is an estimated $11 million. In 2013, he was inducted into the Internet Hall of Fame.
In 2007, he was on the cover of Reason magazine. In 2014, he was appointed by Google for Google v. Gonzalez. He has spoken at various conferences in many universities. In 2011, Wales addressed the BBC Radio Three. He was previously the chairman of Wikimedia Foundation and is also on the advisory board of Creative Commons and Sunlight Foundation.
Jimmy Wales is the board member of Guardian Media Group. In 2015, he received $1 million as Dan David Prize. The Daily Telegraph named Wales as “25 Web Superstars” in 2014. His wife Garvey is the former secretary of Tony Blair.