David Karp- Net Worth, Money and More

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Net Worth : $1.1 Billion

 

intro

David Karp was born on 6 July 1986 in New York City, New York, US. His nationality is American and is currently the CEO of the short-form blogging platform Tumbler. He is a rich multi-billionaire of the era. He is an American web developer and entrepreneur by occupation. As reported by Forbes, Tumbler is net worth $800 million and it is said that the net worth of David Karp is more than $200 million. In the year 2013, it was announced that Yahoo! Would acquire Tumbler for $1.1 billion with David Karp as the CEO of the Company.

Early Life

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David Karp is a very brilliant man of his age and he started his career as an intern as the animation company. He was an intern under Fred Seibert at the Frederator Studios. During this time only i=he developed his first blogging platform, also, wrote and edited their first internet video network called Channel Frederator. David Karp worked on UrbanBaby which is an online parenting forum till it was sold to CNET in the year 2006. Moving on, he started his own software consulting company called Davidville and worked with a computer engineer Marco Arment. They both worked very hard and complete their various projects if clients. Not only is this, they together worked on microblogging website which was later known to be Tumbler. Tumbler website was launched on February 2007. The website id=s really a fantastic work and is really famous among clients. Not only is this, as recorded on March 10, 2014, the website, Tumbler, hosts over 175 million blogs, which is really a big achievement in such a short time.

Personal Life

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David Karp though was born in New York but was grew up on the Upper West Side of Manhattan. He was born to parents Barbara Ackerman who is a teacher from San Anselmo, Caligfornia and father Michael D. Karp who was a film and a television composer. Not only is this, he has younger brother, named Kevin .in the year 2009, he got his partner, Rachel Eakley who was a psychology gradate and a nursing student, who lived together in Williamsburg.  His life was not smooth and he was separated from his parents only at the age of 17. Talking about his education, he attended the Calhoun School upto 8th grade and in the same school her mother teaches science. At a very early age he started earning the HTML language and soon from the age of 11 he started designing website and started his local businesses. He started at the age of 15, his aspirations of getting into college of MIT got high and he does so many other projects on the side just to impress the colleges. The most interesting thing to know is David Karp never returned to attend the high School or complete his School Diploma.

 

Career

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he started his career at a very early age of 14 at Frederator Studios as mentioned earlier. He was so fascinated by the work of computer engineers at the Frederators that he regularly visits there. He also started taking his Japanese classes at the Japan Society where he found a math tutor with whom later he worked out just to win blackjack and poker. Once an entrepreneur need help with Urban Bay so he asked this frederator to suggest someone. Frederator suggested David Karp this job and David surprisingly, finished the project in just four hours which is a work of couple of days. Now being impressed by his work, John made David the head of product and gave him a small amouny of equity.

Awards and Achievements

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Talking about the work by David Karp who is the CEO of the blogging website, Tumbler has won a number of rewards and awards. Some of them are as follows. In the year 2009, David Karp was named as the best Young Entrepreneur 2009 by the Business Week. In the year 2010, David Karp was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age 0f 35. David Karp is very young entrepreneur to achieve all this. Above all, he is really a sharp and brilliant minded guy.

Richness

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David Karp is very young entrepreneur. He is multi-billionaire of the era and lived a king-sized life. He is a CEO of the website Tumbler. His net worth is $1.1 billion. Earlier, it was in the news that Yahoo! is going to buy Tumbler in the year 2013, but the plan didn’t seem to be successful. Large number of teens and young today are using Tumbler site. Over hundreds of blogs are active today in Tumbler. He is a very hard working man and though not studied very high, he is a brilliant guy who know how to achieve big. He always lived a fabulous life. He has such big amount f money that even he buy 10 cars he left with still a big amount of money. His high standard are a result of his high income as mentioned above. It was reported in the year 2012, that he completed the redesign of the Williamsburg condo which he purchased for $1.6 million. The condo has oak floors with modern furniture and unassuming colors.

 

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