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Meet Craig 'Craigslist' Newmark, the self-professed 'nerd' who built a $1 billion online listing empire

Business Insider Logo By Marissa Perino of Business Insider | Slide 1 of 16: 
  
    Craig
    Newmark is the founder of classified ads website Craigslist.
    Newmark started the site as an email newsletter called "San
    Francisco Events."
  
  Newmark only led the company for five years - he 
    stepped down as CEO in 2000 and has dedicated his time to
    philanthropy ever since.
  
  Most recently, tech publication The Markup - which Newmark
  helped raise $22 million for - 
    made headlines for its staff exodus on Tuesday.
  
  
    Visit Business Insider's
    homepage for more stories.
  

  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.

Craig Newmark hasn't worked at Craigslist for nearly 20 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.

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.

Click ahead for a look at Craig Newmark's life and career, from his start at IBM to his recent philanthropy focus. 

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

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