December 4, 2020

Funding: Jimmy Wales Says Wikipedia is Doing Very Well Financially

From AFP (via France 24):

\Wikipedia co-founder Jimmy Wales said Thursday that the free online encyclopedia is in good financial shape, although increasing mobile phone use may cut into future donations.

“We are doing very well financially,” Wales told AFP ahead of Vivatech, a Paris tech fair for start-up companies.

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Wikipedia had “never been really good” at attracting major donors, with most of its money coming from people each giving around 15 euros ($16.80) in endowment money, he said.

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About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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