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Wikimedia Foundation
| Abbreviation | WMF |
|---|---|
| Products | MediaWiki, Wikibooks, Wikidata, Wikimedia Commons, Wikinews, Wikipedia, Wikiquote, Wikisource, Wikispecies, Wikiversity, Wikivoyage, Wiktionary |
| Membership | Board-only |
| Revenue | US$157 million (2021, WMF est.) 127.2 million (2020) |
| Expenses | US$112.5 million (2020) 91.4 million (2019) |
- Does Wikipedia make a profit?
- How much do Wikipedia earns?
- How much money does Wikipedia make in donations?
- How much does Wikipedia CEO make?
- Who makes money from Wikipedia?
- Is Google better than Wikipedia?
- What is Wikipedia worth 2021?
- How much does it cost to keep Wikipedia running?
- Is Wikipedia founder Rich?
- Do Wikipedia editors get paid?
- Is Larry Sanger rich?
- How Wikipedia Works without earning money from users?
Does Wikipedia make a profit?
So how does it make money? Given Wikipedia's status as part of the Wikimedia Foundation, a non-profit, it makes money in a much different way than other major websites. Wikipedia is hosted by the Wikimedia Foundation, and is funded primarily by reader donations. ... The average donation is just $15.
How much do Wikipedia earns?
Wikipedia Revenue Model
Wikipedia Store: The organisation sells Wikipedia brand merchandises like tshirts, mugs, notebooks, etc. on Wikipedia's official store. According to the company, the average donation is $15 and is tax deductible in many countries which motivates the users to donate.
How much money does Wikipedia make in donations?
Its revenue has risen every year. In just the first nine months of its current financial year, it has raked in $142 million in donations according to an internal document—and already obliterated its previous annual record.
How much does Wikipedia CEO make?
In 2019 the salary for Wikimedia Foundation's CEO was $387,770.
Who makes money from Wikipedia?
The Wikimedia Foundation, a non-profit organization that is funded by donations, owns and manages the site. Wikimedia Foundation operated Wikipedia, funded primarily by donations and contributions totaling $98 million in 2018. Wikipedia is the dominant website on the internet.
Is Google better than Wikipedia?
Google is generally a search engine that indexes web sites around the world. Searches on Google would result in links to the most related sites. ... Wikipedia stores all the information and images that are entered into its own database and you would not be able to it using any other site when the Wikipedia site is down.
What is Wikipedia worth 2021?
US$157 million (2021, WMF est.)
How much does it cost to keep Wikipedia running?
In the end Band and Gerafi conclude that the website is worth “tens of billions of dollars” and has a replacement cost of $6.6 billion dollars. For context, it costs the site $25 million each year to run.
Is Wikipedia founder Rich?
American Internet entrepreneur Jimmy Wales has an estimated net worth of $1 million (£750,000). He is the co-founder of Wikipedia, the online non-profit encyclopaedia, and the for-profit web hosting company Wikia. Born on August 7, 1966, in Huntsville, Alabama, Wales is also known as Jimbo Wales.
Do Wikipedia editors get paid?
Wikipedia. These editors are not paid by Wikipedia or the Wikimedia Foundation. They are understood to be contributing on behalf of a third party such as an employer or client. At its heart, paid editing seems at odds with the open user-led model of volunteer collaboration that Wikipedia employs and is famous for.
Is Larry Sanger rich?
Larry Sanger net worth: Larry Sanger is an American Internet project developer who has a net worth of $650 thousand. Larry Sanger was born in Bellevue, Washington in July 1968. He is best known for being the co-founder of Wikipedia as well as the founder of Citizendium.
How Wikipedia Works without earning money from users?
Since Wikipedia does not carry any advertisements, it depends almost entirely on donations made by its millions of readers around the globe. A tiny slice of the website's total revenue is generated from merchandise, including t-shirts, pencils, notebooks, and pins embossed with Wikipedia's branding.
