Michael Arrington is a renowned American entrepreneur, writer, and founder of the popular technology news website, TechCrunch. Known for his extensive knowledge of the tech industry and his candid opinions, Arrington has carved a prominent niche for himself in the digital world. With his immense success and contributions to the tech industry, many are curious about his net worth and how he accumulated his wealth.
This article will delve into Michael Arrington net worth, early life, career, personal life, and provide an overview of his achievements.
Quick Facts:
| Full Name | Michael Arrington |
| Popular Name | Michael Arrington |
| Gender | Male |
| Birth Date | March 13, 1970) |
| Age | 53 years |
| Parents | Unknown |
| Siblings | Unknown |
| Birth Place | Huntington Beach, California |
| Nationality | American |
| Ethnicity | Unknown |
| Education | University of California, Berkeley |
| Marital Status | Divorced |
| Sexual Orientation | Unknown |
| Wife/Spouse | Jenn Allen (divorced) |
| Children | None |
| Dating | Single |
| Net Worth | $15 million |
| Source of Wealth | TechCrunch, investments in startups, tech industry |
| Height | Unknown |
| Weight | Unknown |
What is Michael Arrington Net Worth and Salary in 2023?
As of 2023, Michael Arrington’s net worth stands at an impressive $15 million. His innovative ideas and relentless passion have contributed to his success in the tech industry. While his exact salary is undisclosed, it is believed to be substantial given his numerous ventures and investments.
Why is Michael Arrington Famous?
Michael Arrington gained fame through his pioneering work in the field of technology journalism. As the founder of TechCrunch, a website focused on providing news and insights into the tech industry, Arrington revolutionized the way technology news is reported and consumed. His no-nonsense approach, sharp opinions, and in-depth analysis brought him recognition and a loyal following.
Michael Arrington Biography Overview
Early Life
Michael Arrington was born on March 13, 1970, in Huntington Beach, California, United States. Little is known about his early life and family background, as he has maintained a relatively low profile in this regard. However, it is evident that his passion for technology and entrepreneurship developed at an early age.
Education
Arrington pursued his education at Stanford University, where he obtained a law degree. Although his academic background is not directly related to technology or journalism, his entrepreneurial spirit and keen interest in the tech industry led him to explore various ventures in this field.
Career and Awards
Michael Arrington is a renowned serial entrepreneur and the founder of TechCrunch, a blog that covers startups and technology news. He has been recognized by magazines such as Wired and Forbes as one of the most powerful people on the Internet.
In 2008, TIME Magazine selected him as one of the most influential people in the world.
Arrington’s career has been marked by numerous successful ventures. He co-founded Achex, an internet payments company, which was sold to First Data Corp for US$32 million.
He also co-founded Zip.ca and Pool.com, served as the chief operating officer for Razorgator, and founded Edgeio. He has also served on the board of directors at the startup Foldera, which was designing a software as a service organizational tool.
In addition to his entrepreneurial endeavors, Arrington has made significant contributions to the digital asset management sector. He is the founder and CEO of Arrington Capital, a firm primarily focused on blockchain-based capital markets.
Founded in 2017, Arrington Capital has invested in hundreds of startups around the world. As of 2023, Arrington holds two current jobs as Founder & Partner at Arrington XRP Capital and Founder at TechCrunch.
- Arrington XRP Capital: In November 2017, Arrington announced the launch of a $100 million hedge fund denominated in the cryptocurrency XRP, also known as Ripple. This fund was reported to be the first fund denominated in a cryptocurrency, rather than US dollars or Euros. The fund has invested in more than 50 crypto startups.
- Arrington Capital: Arrington Capital is a thesis-driven venture capital and multi-strategy liquid hedge fund that focuses on web3 digital assets. The firm has invested in hundreds of startups globally.
Arrington’s achievements have not gone unnoticed. He was inducted into the ETHS Athletic Hall of Fame and was honored with the ETHS Distinguished Alumni Award.
Despite facing a lawsuit from the SEC related to his XRP-based hedge fund, Arrington Capital has retained the fund, demonstrating resilience and commitment to their investment strategy.
In recent news, as of May 25, 2023, the assets of the failed crypto lender Celsius Network are about to be acquired by a consortium led by investment firm Arrington Capital. Furthermore, Arrington Capital recently filed with the United States Securities and Exchange Commission (SEC) to effect an annual amendment to Arrington XRP Capital, its XRP-based hedge fund.
Personal Life
Michael Arrington has kept his personal life private. He was previously married to Jenn Allen, a chef, but the couple has since divorced. Arrington has stated publicly that he is currently single and does not have any children.
Social Media Accounts
FAQs about Michael Arrington
here did Michael Arrington grow up?
Michael Arrington grew up in Huntington Beach, California.
What did Michael Arrington study in college?
Arrington studied economics at Claremont McKenna College after attending the University of California, Berkeley.
How did Michael Arrington become successful?
Michael Arrington’s success can be attributed to his innovative ideas, relentless passion, and co-founding TechCrunch, which became a leading source of tech news and analysis.
How did Michael Arrington make his money?
Arrington made his money through various ventures, including the co-founding of TechCrunch, investments in startups, and his involvement in the tech industry.
Does Michael Arrington have any children?
No, Michael Arrington does not have any children.
What is Michael Arrington’s net worth?
As of 2023, Michael Arrington’s net worth is estimated to be $15 million.
Conclusion
Michael Arrington’s journey from a tech-blogger to the founder of TechCrunch showcases his entrepreneurial spirit and dedication to the tech industry. With a net worth of $15 million, Arrington’s success is a testament to his innovative ideas and relentless pursuit of excellence. His contributions to the tech world have left a lasting legacy, making him one of the most influential figures in Silicon Valley. Thank you for reading.
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