Rich Barton’s net worth (updated 2021)

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What is the Rich Bartons net worth?

Net worth: $ 2.1 billion
Old: 53
Born: June 2nd, 1967
Country of origin: United States of America
Source of wealth: Entrepreneur
Last updated: 2021

introduction

Rich Barton is an American entrepreneur and Chief Executive Officer of the Zillow Group.

Barton founded the online travel company Zillow and the job search engine and career community Glassdoor. He also founded the online photo site Trover.

Barton was a Venture Partner at Benchmark and is on the boards of Netflix, Avvo, Nextdoor and Artsy.

As of 2021, Rich Barton’s net worth is estimated at around $ 2.1 billion.

Early life

Richard Barton was born on June 2, 1967 and grew up in New Canaan, Connecticut.

Barton is the son of a teacher and mechanical engineer.

Barton graduated from Standford University in 1989. He started working for the Alliance Consulting Group. In 1991 he started working for Microsoft. His ancestors, John Barton and son Horace, were inducted into the South Dakota Tennis Hall of Fame in 1999.

Career

Many of Barton’s companies bring transparency to their industries and make information and data available to people. Expedia gives people more travel information. Zillow gives people more information on real estate, and Glassdoor gives people more information on salaries and company reviews.

In 1994 Barton founded Expedia, and in the same year Microsoft planned to create a travel guide on CD-ROM. Barton was familiar with text-based Internet services of the time, and he felt this was a bigger opportunity for the company.

He introduced Bill Gates, Steve Ballmer and Nathan Myhrvold to the idea of ​​an online travel booking service. They enabled Barton to advance the project, which officially went online as Expedia in 1996.

Barton served as CEO when Expedia went public in 1999. He remained in that position until 2003. After a long year of absence from the business community, he returned to Seattle and began working alongside Lloyd Frink on the Zillow launch.

They didn’t reveal much about the company prior to launch. In 2020, Barton became a billionaire after reporting strong profits at Zillow.

As of 2021, Rich Barton’s net worth is estimated at around $ 2.1 billion.

How does Rich Barton spend his money?

Rich Barton spends his money on real estate.

Rich Barton’s house and other expenses

Barton owns a house in Seattle, Wahington. Barton has a $ 700 million stake in Zillow and plans to turn it into a home flipping machine.

Highlights

Here are some of the best highlights from Rich Barton’s career:

  • Chief Executive Officer of the Zillo Group
  • One of the top 10 innovators under 35 by MIT Technology Review (2003)
  • Presidential Ambassador for Continental Entrepreneurship (2012)

Favorite quotes from Rich Barton

“Up until now, it has been quite difficult to find out the current market value of a home, be it yours or one you are about to bid on. We believe that you shouldn’t need a degree in computer science or a real estate license to find out what a home is worth. “ -Rich Barton

“Yes. The overwhelming trend is that shopping on a broad front for every type of home you can imagine is on the rise. And that despite increased security measures.” – Rich Barton

“I consider this concept to be“ faster in the future ”. I believe that this terrible event, this pandemic crisis, created an enormous opportunity for all of us to move into the future faster, be it in the real estate industry or in many different industries. “ – Rich Barton

“I think entrepreneurs are people who have to be optimistic about the future because of their design or personality. I think in times of crisis like now it is this optimism that pervades not only people but also teams of people. It is very difficult to be a successful leader and to be pessimistic. “ – Rich Barton

“It is very difficult to be effective and optimistic in your job when you are afraid for yourself, for your family, for your community. To me, being part of a successful business enterprise that is Zillow means making sure that I take care of what I have to do in my private life, my family and my health. “ – Rich Barton

3 business lessons from Rich Barton

Now that you know all about Rich Barton’s fortune and how he was successful; Let’s take a look at some of the lessons we can learn from him:

1. The market

Up until now it has been quite difficult to determine the current market value of a home, be it yours or one that you are about to bid on. Barton believes you shouldn’t need a computer science degree or a real estate license to determine the value of a home.

2. Company

In any store, you don’t have to scratch far in the pool to find consumer frustration.

3. Fight for your goals

An idea can come overnight, but pursuing the idea and dream takes time and hard work.

Summary

Rich Barton is an American entrepreneur and businessman best known as the CEO of the Zillo Group.

He is also the founder of Expedia and Glassdoor. Barton was born in Connecticut and graduated from Standford University. Barton also founded the online travel photography sharing site, Trover.

He was a Venture Partner at Benchmark and sits on the boards of Netflix and Artsy. In 2012 he was named Barack Obama’s Presidential Ambassadors for Continental Entrepreneurship.

As of 2021, Rich Barton’s net worth is estimated at around $ 2.1 billion.

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