Johan Peretti was born on the 1st January 1974, in New York City, New York, USA of Italian and Jewish descent.He is an entrepreneur, widely known for being the founder and the CEO of BuzzFeed, an internet media company, and the founder of “The Huffington Post”. Peretti is also recognized as a developer of ‘re-blogging’ under the project “Reblog”. His career in the internet business industry has been active since the mid- 2000s.
Have you ever wondered how rich is Johan Peretti as of early 2016? According to authoritative sources, it is estimated that the overall size of Johan’s net worth is currently over $10 million. Obviously, all his wealth is being accumulated during his work on the viral projects. Another source of his fortune is coming from the project “New York Rejection Line”, which he founded with his sister.
Jonah Peretti Net Worth $10 Million
Jonah Peretti is the son of Jewish mother and Italian-American father. His sister, Chelsea Peretti, is known as an actress, stand-up comedian and writer. He was raised in New York City, where he attended elementary and high schools. He graduated with a BA degree in Environmental Studies from the University of California, Santa Cruz, in 1996. During that time, he also attended classes in Computer Science at the Isidore Newman School in New Orleans, Louisiana. Peretti subsequently also obtained a MA degree at the MIT Media Lab. He started increasing his net worth during the time at the MIT, when Peretti became a part of the Nike company, for which he created the viral project named “Nike Sweatshop Emails”.
Peretti`s professional career really began with the founding of the Huffington Post, alongside Arianna Huffington and Kenneth Lerer in 2005. Huffington Post soon became one of the most popular online news magazine and blogs, growing in its worth, which also added to Jonah`s overall net worth, being one of its founders.
Jonah didn`t stop there, as he soon launched another news website, BuzzFeed, with a little help of his colleague Kenneth Lerer and John S. Johnson III. In the beginning, the site focused only on viral content, but over the years it has widened its area of news coverage, which brought new traffic onto the site, and of course increased its net worth.
In 2011, The Huffington Post was bought by AOL, for an amount of $315 million. After the transaction, Jonah decided to leave, and focus more on BuzzFeed, as it grew substantially in its worth and popularity since its inception. As of late 2015, it has been reported that the BuzzFeed`s worth is near $1 billion, which is Noah`s main source of net worth, since he is the major share owner.
Thanks to his activity in the internet industry, he became a member of Free Art and Technology Lab in NYC. Fast Company Magazine named him one of the New Faces of Social Media.
Regarding Jonah’s personal life, he has been married to Andrea Harner, a blogger, since 2005, and with whom he has twins. Currently they reside in Brooklyn, New York City.
Since he is the major shareholder of Buzzfeed, a billion dollar corporation, how can his networth be only 10 million. That seems ridiculously small.