What is Rich Barton net worth?
Rich Barton net worth 2023: Richard Barton is an American internet entrepreneur and the chief executive officer of Zillow Group. Barton was also a venture partner at Benchmark and is on the board of directors for Netflix, Avvo, Nextdoor, and Artsy. Read on to find Rich Barton net worth here.
Barton, raised in New Canaan, Connecticut, is the son of a teacher and mechanical engineer. He graduated from Stanford University in 1989 with a degree in engineering. He first worked for Alliance Consulting Group, and in 1991, began working for Microsoft.
Barton founded Expedia within Microsoft in 1994. In 1994, Microsoft was planning to build a travel guidebook on a CD-ROM. Barton, who was familiar with text-based internet services of the time, had come across an online service designed for travel agents working from home.
He felt this would be a larger opportunity for the company, and pitched the idea of an online travel booking service to Bill Gates, Steve Ballmer, and Nathan Myhrvold. Gates, Balmer, and Myhrvold gave Barton permission to move forward with the project, which officially shipped to the web as Expedia in 1996.
Barton served as CEO through Expedia’s IPO in 1999, and stayed in the position until 2003, after the company was acquired for $3.6 billion.
After a year-long leave of absence from the business community, Barton returned to Seattle in 2004, and started working toward the launch of Zillow with Lloyd Frink, another Expedia and Microsoft alumnus. Barton and Frink did not reveal much about the company prior to its launch.
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Rich Barton Net Worth
Rich Barton net worth is $1 billion. He became a billionaire in 2020 after reporting strong earnings at Zillow. He is the founder of real-estate internet company Zillow, and job search engine and career community Glassdoor. He also founded the online travel photography sharing site Trover, which was acquired by Expedia in 2016.
|Net worth||$1 billion|
|Date of birth||June 2, 1967|
|Occupation||CEO of Zillow Group|