Michael Arrington Net Worth

What is Michael Arrington’s Net Worth?

Michael Arrington, an American blogger and entrepreneur, has an estimated net worth of $15 million. He accumulated his wealth through various successful ventures, including the creation and eventual sale of the website TechCrunch. It’s important to note that net worth calculations for celebrities are based on publicly available information and may not be completely accurate.

Highlights

– Michael Arrington has a net worth of $15 million.

– He is the founder of TechCrunch, a website that profiles websites, products, and startup companies.

– Arrington sold TechCrunch to AOL for an undisclosed amount, estimated to be between $25 – $40 million.

– He co-founded Achex, an internet payments company, which was later sold for $32 million.

– Arrington is the Chief Operating Officer of Razorgator and the founder of Edgeio.

– He co-founded the venture capital firm Crunchfund.

Early Life

Michael Arrington was raised in Huntington Beach, California, and Surrey, England. He attended the University of California, Berkeley, before graduating from Claremont McKenna University with a degree in economics. Arrington then pursued his passion for law and attended Stanford Law School. He worked as a lawyer in corporate and securities law for notable firms such as O’Melviny & Myers and Wilson Sonsini Goodrich & Rossati.

Career

Arrington’s career in the tech industry began with the creation of TechCrunch, a platform that gained significant popularity for profiling websites, products, and startup companies. The success of TechCrunch led to its acquisition by AOL for an estimated amount of $25 – $40 million.

Prior to TechCrunch, Arrington co-founded Achex, an internet payments company, which was eventually sold to First Data Corp for $32 million. He also played the role of Chief Operating Officer in Razorgator, a ticket marketplace company.

Arrington’s influence and entrepreneurial endeavors led to his recognition as one of the world’s most influential people by Time Magazine in 2008. He ventured into venture capital by co-founding Crunchfund, a firm that invests in promising startups.

Personal Life

Information about Michael Arrington’s personal life, including his birthdate, salary, and height, is not available publicly. However, it is known that he has made significant contributions to the tech industry and has been a prominent advocate for dropping out of college in pursuit of an entrepreneurial career.

Net Worth Over Time

Michael Arrington’s net worth has fluctuated throughout his career due to his involvement in various ventures. His initial success with Achex and the subsequent sale contributed to his early financial growth. The creation and eventual sale of TechCrunch further increased his net worth.

The specific components of his net worth, such as investments and assets, are not disclosed publicly. It is important to consider that net worth calculations are estimates based on available information.

Components of Net Worth

The components contributing to Michael Arrington’s net worth include:

1. Sale of TechCrunch: The sale of TechCrunch to AOL for an estimated amount of $25 – $40 million played a significant role in boosting Arrington’s net worth.

2. Sale of Achex: As a co-founder of Achex, Arrington profited from the company’s sale to First Data Corp for $32 million.

3. Ventures and Investments: Arrington’s involvement in various ventures and investments, such as Razorgator and Crunchfund, likely contributed to his net worth.

It’s important to note that the above information is based on available public sources and may not provide a comprehensive picture of Arrington’s net worth.

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