Zillow co-founders Rich Barton and Lloyd Frink just joined the billionaire's club as their company soared thanks to a red hot residential real estate market. Barton’s net worth currently stands at $2.2 billion, while Frink’s has hit $1.4 billion. This remarkable achievement highlights the growing importance of technology in real estate, as Zillow has transformed the way people buy, sell, and rent homes.
In the face of an evolving landscape, Barton, who served as CEO of Zillow from 2005 to 2010 and returned to the position in 2019, has played a significant role in the company's success. Meanwhile, Frink continues to serve as the executive chairman and president. Together, they have led Zillow to generate an impressive $3.3 billion in revenue for 2020, marking an 18% increase over 2019 and a staggering 60% increase compared to 2018.
The tech-driven real estate company has witnessed extraordinary growth over the past few years. From the low of March 2020 to an all-time peak in February 2021, Zillow's stock price skyrocketed by 700%. This surge is a testament to the company's innovative approach in combining technology with real estate, offering users the ability to browse listings through an app and even sell their homes directly to Zillow for cash—a process now known as i-buying.
| Name | Net Worth | Position | Company Revenue (2020) |
|---|---|---|---|
| Rich Barton | $2.2 billion | CEO | $3.3 billion |
| Lloyd Frink | $1.4 billion | Executive Chairman and President | $3.3 billion |
As we delve deeper into the backgrounds of these two visionary leaders, we will explore their contributions to the tech and real estate industries, their past achievements, and the innovations that have propelled Zillow to its current heights. Join us as we uncover the fascinating journey of Rich Barton and Lloyd Frink!
- Rich Barton: From Microsoft to Expedia and Beyond
- Lloyd Frink: Early Beginnings and Path to Zillow
- The Rise of Zillow in the Real Estate Market
- Innovations in Technology and Real Estate
