You asked: Is Myspace Tom a billionaire?

Introduction. As of 2022, Tom Anderson’s net worth is estimated to be $60 million. Thomas “Tom” Anderson is an American co-founder of the social networking website Myspace, which he founded in 2003 with Chris DeWolfe.

How much is Myspace worth now?

In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. for $87 million.

Myspace.

Screenshot of Myspace in 2017
Current status Active

How much did Tom Anderson make from selling Myspace?

Anderson sold Myspace to News Corp in 2005 for $580 million.

Who owns Myspace today?

Myspace is currently fully owned by Viant Technology Holding Inc. (formerly Specific Media), which acquired Myspace for $35 million from News Corp. in June 2011. Viant itself was acquired by Time Inc in February 2016 for an undisclosed amount.

Does Tom Anderson still own Myspace?

The social media mogul sold the website in 2009

Tom Anderson was the co-founder of the social networking site, but sold the business to News Corp for a huge $580million (around £408million) in 2005, before retiring in 2009.

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Is Myspace coming back?

Myspace is still active as of today, but not anymore a go-to platform for social media users. It was once the king of social media networks especially from 2005 to 2008, where it serves over 100 million users on a monthly basis. Now, an 18-year-old teen recreated it with its carbon-copy app,Spacehey.

Is Myspace still making money?

Officially, however, Myspace is far from dead. If you go to myspace.com, you’ll see that it is very much still alive, though it has mostly transitioned away from social networking to become a curated music and entertainment site. As of 2019, the site boasted over 7 million monthly visits.

Is Tom Anderson a billionaire?

Tom Anderson is an American entrepreneur who has a net worth of $60 million. Tom Anderson earned his net worth as the co-founder of the social networking website Myspace and through successful real estate investments.

What killed Myspace?

bought MySpace in July 2005, it was worth $580 million, at least to Rupert Murdoch. … When it sold the site last June, to an advertising network owner called Specific Media, it was for a mere $35 million.

Did Facebook buy out Myspace?

In 2008, Facebook overtook Myspace in popularity; News Corp sold Myspace in 2011 to Specific Media Group and Justin Timberlake for $35 million.

Was MySpace deleted?

EJ Dickson’s Most Recent Stories. MySpace recently announced that anything uploaded between 2003 and 2015 is now gone. On Monday, reports surfaced indicating what many MySpace users had long suspected: that MySpace had deleted a great deal of the content uploaded to the platform between 2003 and 2015.

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How did MySpace Make Money?

A history of Myspace

It was the top social media network until Facebook took the lead. After registration, users would be given their profile page. … Myspace made money by selling ad space on its pages to companies and brands. Myspace was an early example of a tech startup that was wildly successful.

When did MySpace go out of business?

In 2010, it’s estimated that 50% of MySpace users simply left and discontinued their use of the site and that continued as the once popular site kept changing ownership and direction every few years.