David Karp Net Worth

David Karp Net Worth, Age, Biography and Major Investments in 2022

Introduction About David Karp

Be it a teenager from the 2000s that stayed up the whole night or the people who find refuge in the friendly-yet quite feisty site. It’s certainly a site-to-witness! 

The wordplay aside, Tumblr has gained raging popularity over the years. It’s a social media site, kind of like a compilation of blogs.

And who’s the mastermind behind it? None other than David Karp! He found it back in 2007 and the popularity of Tumblr hasn’t died down at all; it keeps increasing with time! 

Net Worth & Salary of David Karp in 2022

Tumblr has a chokehold over people all over the world, and as its CEO and founder, David enjoys a net worth of around $220 Million.

He had various opportunities knocking right down his door to gain around a sum of $250 million+ in 4 years because of his skills. He was sought out by various organizations that wanted to buy his company but the young entrepreneur didn’t agree and went his own way. 

Right now, David doesn’t have a disclosed salary that’s made available to the public. However, it’s known that the skilled man invests regularly in start-ups and companies that catch his eye. 

Early Life & Biography of David Karp

David has always been the kind of child that took to his ways and did what seemed right to him. And thankfully, his parents always believed in his entrepreneurial spirit. 

His parents have always been his biggest supporters, letting him follow whatever path that he wanted no matter how ‘unconventional’ it was deemed at that point in time. Without their cooperation, the world would probably not be having over 529 million+ people logging in and blogging on Tumblr right now. 

David was born in New York to parents who both enjoyed dignified positions in their respective fields. His mother Barbara Ackerman was a renowned science teacher in the eminent school of Calhoun School. 

His father Michael Karp is a distinguished composer in the music and film industry. David has a younger sibling, a brother named Kevin. 

David attended the reputable Calhoun School of New York right from the very beginning. He started right around Kindergarten and went on to study there till 8th grade.

After attending Calhoun, he went on to attend the Bronx High School at the age of 14. He studied there for a year after which he decided to drop out.

He had started satiating his curiosity with computers by using HTML at the age of 11. He officially began working and designing websites for interested purchasers. 

At the age of 15, he took the decision of dropping out and being homeschooled. His decision was supported by his family as it seemed logical to let him build up his resume as well as homeschooling wasn’t that uncommon back then. 

David Karp Net Worth
David Karp Net Worth, Age, Biography and Major Investments in 2022
Name:David Karp
Age:35 years old
Birth Date:July 6, 1986,
Birth Place:New York, USA
Sexual Orientation:N/A
Marital Status:N/A
Profession:Founder of Tumblr, Entrepreneur
Yearly Income:N/A
Net Worth in 2022$220 Million
Content Last Updated:February 2022

Personal Life of David Karp

Due to personal reasons, troubles in paradise led to his parents getting divorced when David was 17. He continues to maintain a good relationship with his family. 

He always had a strong bonding with his family and still continues to do so. Their relationship had the very foundation of a mutual sense of respect and trust in one another.

David has a very good bond with his brother Kevin to date! He certainly is a dedicated family man.

He was openly in a relationship with his former girlfriend Rachel Eakley since 2011. They broke up in 2014 due to unspecified reasons.

Rachel was a student of nursing and they had even moved in together and had adopted a dog. After that, David’s dating history is not much known to the public eye. 

Career of David Karp

David had a burning curiosity in the world of computers and designing at the mere age of 11.  The very beginning of his career was at the age of 11 when he started designing websites for interested businesses.

After that point of time, his career kick-started and he never looked back. Right from that point in time, he decided to work for a number of companies so that he could get a particular experience to get into his dream university which included options like New York University, MIT, etc.

He started working officially at the age of 14 as an intern for the company Frederator Studios. He got the internship due to his mother’s strong connection with the owner’s wife.

He worked in the Frederator studios till the head of UrbanBaby inc. sought out for a diligent and skilled employee. His name came on the ballot and he was recommended, thus making him leave his current job and move to Tokyo on his own as per the requirement of his job.

For him completing the project within a very short deadline and working dedicatedly, he got promoted as the head of the product. Apart from his regular salary, he was paid a small share of the equity. 

UrbanBaby was sold to another company and thus David saw this as an opportunity to venture out on his own. Being 17; he wisely sold the shares that he owned in UrbanBaby and used the money to build his own company known as ‘Davidville’.

He paired up with Marco Arment and together they created a microblogging site on their own in the span of a few months. They named it Tumblr and launched it in February 2007. 

His company ‘Davidville’ was now officially changed to ‘Tumblr Inc’ and he closed his business and focused solely on developing Tumblr. It was officially announced that Yahoo! was buying Tumblr for $1.1 billion.

However, David’s journey with Tumblr was pretty much short-lived. He resigned in November 2017. 

Awards and Achievements of David Karp

David has received multiple recognitions throughout his life for his exceptional skills, eye for talent, and work ethic. 

He has been the recipient of awards like ‘The Best Young Tech Entrepreneur’ as well as has been named as one of the ‘Top 35 innovators under the age of 35’ etc. 

Major Investments and Assets of David Karp

David is a very logical and economically sound individual. After garnering a net worth that would last him a lifetime. 

He has invested in companies like Splash, Sherpaa Inc, etc. His investments have been made from his personal sum, as well as he is also known for his contributions to charities, rallies, etc. 

Must Watch Latest Video and Trending Photographs of David Karp

As someone who had the taste of coding and never looked back from a very tender age itself, David throws light on how to start coding and elaborates on how there isn’t always a particular age for learning. This is a huge help to aspiring coders! 

 Instagram Handle of David Karp

Twitter Handle of David Karp

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