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Tens of billions of dollars
- In the end Band and Gerafi conclude that the website is worth “tens of billions of dollars” and has a replacement cost of $6.6 billion dollars. For context, it costs the site $25 million each year to run.
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Oct 7, 2013 · In the end Band and Gerafi conclude that the website is worth “tens of billions of dollars” and has a replacement cost of $6.6 billion dollars. For context, it costs the site $25 million each...
- What Does Wikipedia Need The Money for?
- Everything Might Not Be as Transparent as It Seems
- The Case For Donating to Wikipedia
- The Case Against Donating to Wikipedia
- Is It Time to Donate to Wikipedia?
Like any website, Wikipedia has server costs, administration costs, staff costs, and more. For a website the size of Wikipedia, these costs are tremendous. According to Statista, it claimed over 5.5 unique visitors and over 40 billion page views every month throughout 2021. In 2014, Wales calculatedthat raising $48 million over the course of the ye...
What Wales says can create the picture that internet hosting is the major cost. But the Wikimedia Foundation spends only about 8% of its total budget on it. That's less money dedicated to its infrastructure than to the Thriving Movement. "There is also a huge bucket for 'other operating expenses' totaling nearly $12.5 million — some of which certai...
So, why should you donate to Wikipedia when it could be cutting costs and tightening its belt? Wales reasonsthat it's important to invest in engineering and innovation, which leads to things like the better translation support, grants funding, and upcoming Parsoid rendering for talk pages. Related: Insanely Weird Wikipedia Articles You Should Read ...
There are enough people who believe Wikipedia doesn't need your donations anymore. The cash reserves aside, it's argued that the site's potential to generate revenue hasn't been tapped. While Wikipedia is staunchly against advertising (for the potential conflict of interest in the authenticity of its content), there are other revenue models that co...
Every year, Wikipedia asks for donations, and every year, Wikipedia receives them. If you believe that Wikipedia requires further donations, then the site are receiving them at donate.wikimedia.org. If you're unconvinced by Wikipedia's stance and would rather support other charities, then there are other charities you can text to donate. Regardless...
Dec 10, 2021 · Today, Wikipedia has more than 2 billion visitors every month, and all versions of Wikipedia combined comprise over 50 million articles. Article continues below advertisement
Jan 9, 2021 · Wikipedia’s value and influence are hard to compute. Its revenues come from charitable grants and donations from its users. “Wikipedia is an example of what I like to call ‘digital dark ...
The Wikimedia Foundation, Inc., abbreviated WMF, is an American 501 (c) (3) nonprofit organization headquartered in San Francisco, California, and registered there as a charitable foundation. [5] It is the host of Wikipedia, the seventh most visited website in the world. In addition, the foundation hosts 14 other related content projects.
- $154.7 million (2022), $162.9 million (2021)
- Jimmy Wales
- June 20, 2003; 20 years ago, St. Petersburg, Florida, US
- Board-only
How Does Wikipedia Make Money? Wikipedia makes money via donations, investments, merchandise sales, and by licensing its content to other companies. In 2022, Wikipedia generated close to $155 million in revenue, most of which came in the form of donations.
Jan 22, 2024 · Wikipedia is sustained by the Wikimedia Foundation, which is supported mostly by donations and contributions, which in 2021 amounted to over $153 million. Wikipedia is among the most popular websites on earth, and it is, as of these days, an open, non-profit project, on which other twelve projects have been developed. Table of Contents.
