Jonah Peretti Biography & Net Worth
|Popular Name:||Jonah Peretti|
Jonah H. Peretti
Contra Costa County, California, United States
|Profession:||Businessman, Internet Entrepreneur|
|Net Worth:||$250 Million|
Jonah Peretti is famous for being an American Internet entrepreneur. He is a co-founder and the chief executive officer of BuzzFeed, developer of reblogging under project “Reblog”, and co-founder of The Huffington Post. Jonah’s intelligence was what he employed in making all the key decisions he made during the earlier days of his career and it paid off as his businesses turned out successful. Though he started making important business moves during his younger age, it was the key connections that he made with other entrepreneurs that set him on the right path in his profession. Further reading reveals details of Jonah Peretti net worth and financial data, all earned from his various businesses and the companies he co-founded or headed. But firstly, we will take a look at his early life starting from his childhood days of humble beginning, as well as his private life and information on his family, as well as other intriguing details about this highly-rated American personality.
Jonah Peretti’s Biography & Career
Jonah H. Peretti born in California, United States on January 1, 1974, and was raised by his parents in Oakland, California. His mother, a schoolteacher, is of Jewish descent and his father, a painter and criminal defense lawyer, is of English and Italian descent. His stepmother was African-American.
For his education, Jonah studied at The College Preparatory School in Oakland, after which he joined the University of California, Santa Cruz, graduating from this institution in 1996 with a degree in environmental studies. He completed a postgrad diploma at the MIT Media Lab. In the mid-1990s, he taught computer science at Isidore Newman School in New Jersey.
His career journey started off as soon as he graduated from college and completed his postgrad. He met with three other entrepreneurs in the persons of Arianna Huffington, Andrew Breitbart, and Kenneth Lerer, and all four of them collaborated to found The Huffington Post in 2005. He worked in this company, giving all he had just to make sure that it survives and grows. The success of the company was quite loud and soon, AOL acquired the company for the sum of $315 million. Jonah left The Huffington Post in 2011 after the deal was finalized.
In the year 2005, Jonah H. Peretti hosted the Contagious Media Showdown wherein he has served in the position of Director of the R&D Lab starting from 2001 until 2006. In 2006, he founded BuzzFeed which became known as an “Internet popularity contest” site. He left other endeavors he was into in order to pay his full attention to BuzzFeed, and in the end, the site transformed into something massive. BuzzFeed is mainly popular for its combination of lists as well as internet memes. The site received global attention when it was the first platform to reveal that John McCain was going to promote Mitt Romney in the 2012 Republican Primary. Down the line, the site developed further and transitioned into an internationally recognized platform, especially after receiving funding worth more than $35 million from investors in 2013. By the following year, the site had received funding of an extra $50 million straight from the venture capital firm Andreessen Horowitz. Horowitz allegedly priced BuzzFeed at around $1 Billion.
Other than his roles as an internet entrepreneur, Jonag Peretti has also worked as a teacher. In fact, he devoted three whole years of his life to teaching computer science at a school in New Jersey prior to moving to MIT for his master’s degree program.
Awards & Achievements
One of his biggest accomplishments as an internet entrepreneur is his founding of BuzzFeed, an online based platform which he single-handedly founded. He is also a co-founder of The Huffington Post as well as the developer of reblogging under project “Reblog”, and these feats are remarkable giving the fact that he was actively involved in the building of all firms from scratch to finish. Moreover, he is also well-known as the creator of some established viral projects like “Nike Sweatshop Emails” as well as the “BlackPeopleLoveUs.com”.
Many people regard this genius as the genuine king of viral marketing. He is considered a very big name in the media, and he never fails to live up to expectations. Jonah is a fully fledged member of New York City’s Free Art and Technology Lab.
Jonah Peretti Net Worth
Mr. Peretti is one of the most successful and famous American internet entrepreneurs who has now succeeded in making a lot of money from his profession. His financial situation has always been influenced like his salary and compensations he earns from his business of owning and managing various sites.
Jonah Peretti net worth is reportedly $250 million at the moment. His earnings skyrocketed after he co-founded The Huffington Post (which was later acquired by AOL) and launched his leading enterprise called Buzzfeed. His fortune also got a boost after he created famous projects like “BlackPeopleLoveUs.com” and “Nike Sweatshop Emails”. At this moment, his primary residence is a posh mansion where he dwells with his family.