There are a number of reasons why people may consider starting a blog. To express their thoughts and opinions, to promote or market a product, to help others, or to help yourself. These are some of the more popular reasons why people from all over the world are starting their very own blogs, every single day.
What you may not have known, is that by starting a blog, you could also have the potential to make millions upon millions of dollars. So without any further ado, here are 10 of the most popular, and successful blogs with their net worth in the millions.
10 Successful Multi Million Dollar Blogs
The Huffington Post
The Huffington post is a blog and website based in America, founded by Kenneth Lerer, Andrewe Breitbart, Jonah Peretti, and, Arianna Huffington. The blog offers news, and original content, that covers a vast array of topics. The topics on offer, range from, Politics, Business, Environment, Entertainment, Technology, and much, much more.
The blog was founded back in May 2005, and launched just a few days later. A year later in 2006, a bank invested $5 million into the site. a few years later, thanks to fundraising and various investments, the blog had raised over $15 million. In 2011, AOL acquired the site for $315 million US dollars.
The net worth of Arianna Huffington and her blog as of 2012 is $35 million USD.
TechCrunch is a blog which offers news, and information on all things that are technology related. TechCrunch was founded and created by Michael Arrington in 2005, and is now affiliated with a number of other websites. This has proved to be an extremely smart financial move on their part. The websites and blogs in question are known as “The TechCrunch network”.
In 2010 Michael arrington sold Tech Crunch to AOL for a whopping $25 million. He recently started a brand new blog called UnCrunched.com
Michael Arringtons net worth is currently around $15 million USD.
Gawker is a New York City based blog founded by Nick Denton, that offers news and gossip on “all things Manhattan”. It focuses on the media, and celebrity industry. The blog was founded back in 2003.
Over the years, Gawker has acquired a number of high profile investors, as well as loyal customers, so it should come as no surprise to learn, that it is one of the most financially successful blogs in the entire world.
As of 2012, the net worth of Nick Denton is a little over $100 million USD.
Lifehacker is a blog about so called “life hacks” which are basically hints and tips to make your day to day life, that little bit easier. It is actually owned by Gawker media and was launched back in 2005.
They are so financially successful thanks to advertising, including landing a lucrative advertising sponsorship with Sony.
LifeHacker was created by Gina Marie Trapani with an estimated net worth over $109 Million USD.
Mashable is a news website and blog founded by then teenager Pete Cashmore in 2005. Mashable is considered one of the best websites and blogs for social media, and is one of the largest websites in the whole world. Mashable was rumoured to have been sold to CNN news for around $200 million earlier in 2012.
Pete Cashmore’s net worth is currently at $95 million. Not bad for a teenager, who was working from his home in scotland back in 2005.
Fail Blog is a comedy based web blog that was created in 2008 by Ben Huh. It features various comedy mishaps, and acts of stupidity in both photo, and video form. Within 5 months of being launched, fail blog was sold to the popular “Cheezburger inc” company. Their main income comes from advertising, investments, and the more than 1 million visitors every single month, they also launched their very own successful book in 2009, which is still selling extremely well.
The exact net worth of Ben Huh is currently unknown, but it is thought to be well into the millions.
This website and blog offers advice, and resources to web designers and developers. It was founded back in 2006 by Sven Lennartz, and Vitaly Friedman. They evaluate software, and other web based software and tools, targeted at people in the computer industry.
They generate their huge amounts of money thanks to various product advertsing deals, as well as investors and loyal visitors.
The net worth of these two is again, not common public knowledge, although we do know that it is over $5 million.
Business Insider is a business and entertainment based blog launched in 2009. It was founded by Kevin, P Ryan, and is considered one of the most trusted sources of business information. They have a number of various investors, as well as advertising sources, all keen to advertise their various products on the blog.
They receive more than 5 million visitors to their blog on average, so that should tell you just how popular they really are.
The estimated net worth of Kevin P Ryan, is thought to be close to $3 million.
Engadget is a technology blog network founded by Peter Rojas that covers consumer electronics and technological gadgets. It was noted in “TIME” as being one of the best blogs in all of 2010. They have their own app available to download for a small fee, as well as their very own show. These, as well as lucrative advertising deals, means that Engadget is one of the most financially successful blogs on the planet.
The net worth of Pete Rojas is just under $3.2 million.
The Daily Beast
The daily beast is a news and opinion based blog that was founded by Tina Brown in 2008. In 2010 they merged with Newsweek and created the “Newsweek daily beast company”. This proved to be a great financial move by both companies. They also generate large amounts of cash by publishing books known as Beast books, written by various writers at the daily beast company. They average around 3 million visitors each month.
It appears to be quite difficult to track down Tina Brown’s total net worth, however, she is number 77 on the Forbes list of power women, and her net worth is almost certain to be over $100 million.
So there you have it. 10 of the most successful blogs in the entire world. Whether you are looking at helping others by sharing your knowledge, sharing your opinions and thoughts, or making one of the most successful blogs in the entire world, anything is possible if you put your mind to it. The blogs listed above, all started out with nothing, and are now worth millions upon millions. So if they can do it, why can’t you? Until next time.
Thanks for reading.