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David Karp (born July 6, 1986) is an American webmaster, entrepreneur, and blogger, best known as the founder and former CEO of the short-form blogging platform Tumblr.
May 9, 2024 · By age 19 he'd started Tumblr, the social blogging platform that he would end up selling to Yahoo for $1.1 billion in 2013. An $81 million bonus package will likely keep him at the company for...
May 22, 2013 · Compared to other members of the young and wealthy tech elite, Karp is far behind the likes of billionaire Facebook cofounders Zuckerberg and Moskovitz in terms of net worth. Based on Facebook's...
Jan 2, 2013 · The 1,700-square-foot, $1.6 million loft, which he's currently remodeling, is quite modest for a 26-year-old whose net worth, on paper, exceeds $200 million. That's in part because it's located...
May 18, 2013 · You wouldn't know it by looking at the slender, 6'1" designer, but on paper, David Karp is worth a cool $200 million. And that's before any type of potential Yahoo or Facebook acquisition.
- Alyson Shontell
Oct 30, 2023 · Later in 2017, David Karp announced his resignation from Tumblr. Personal Achievements and Lifestyle. What recognition did Karp receive from MIT Technology Review TR35? He was listed among the top 35 innovators under the age of 35. What is David Karp’s net worth? Karp has a personal net worth of $200 million. Where does Karp reside?
David Karp remained CEO and the deal was finalized on June 20, 2013. Advertising sales goals were not met and in 2016 Yahoo wrote down $712 million of Tumblr's value. Verizon Communications acquired Yahoo in June 2017, and placed Yahoo and Tumblr under its Oath subsidiary.
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