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American blogger and entrepreneur, J. Michael Arrington, has an estimated net worth of $15 million. One of the most powerful people in Silicon Valley. Arrington is founder and former co-editor of TechCrunch, an influential blog covering the Silicon Valley technology start-up communities and the wider technology field in USA and elsewhere. The site also profiles and reviews Internet entrepreneurs, products and services--a mere mention of a company on its pages can make or break a startup. In 2009 Arrington made headlines when he announced plans to launch the CrunchPad, a high-tech e-reader, but the project flamed out in November amid a conflict with his partners. Arrington earned his net worth through his creation of the web publication, TechCrunch.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Asset |
Current value of the website techcrunch.com as one of the site's founders |
$9,500,000 |
|
2017 |
Asset |
Current value of Michael Arrington's new hedge fund that will be denominated in the crypto-currency XRP, a rival to bitcoin that is closely tied to the software company Ripple |
$100,000,000 |
|
2017 |
Asset |
Series B Funding for Crunchbase that accelerated the development of New SaaS Business Products and focused on Diversity in Hiring to Grow |
$18,000,000 |
|
2013 |
Sale of Asset |
Sale of Michael Arrington's venture capital firm CrunchFund's BlueFly, an online retailer, to the affiliates of Clearlake Capital Group |
$13,000,000 |