As an antidote to Sergey Brin’s obscene use of his wealth, I offer you Craig Newmark, founder of Craigslist, in a wide-ranging interview with Drew Magary of SFGate:
If you’re wondering whether there are any good people remaining in the tech sector, or in this country’s ruling class in general, you’d be hard pressed to find a better case study than Craig Newmark. Newmark founded Craigslist.org in San Francisco way back in 1996 and became the sort of accidental billionaire that the early dot-com boom cranked out with seeming regularity. Some of those billionaires went on to become evil (Mark Zuckerberg), and some of them ended up merely becoming rich loud guys (Mark Cuban). Newmark, who ceded his CEO duties at Craigslist shortly after its founding, has endeavored to keep a lower profile, and a lower net worth, than any of them.
To wit: Newmark no longer works with Craigslist at all, and spends the bulk of his time tending to various philanthropic endeavors. He doesn’t own a pro sports team, doesn’t own a loud superyacht, and doesn’t stage vanity runs for president. He’s given away much of his wealth and signed Bill Gates’ Giving Pledge to give away at least half his career earnings before he dies. […]
He’s earned billions in his lifetime, but insists he’s no longer worth that much, which means I shouldn’t technically call him a “billionaire.”
Newmark emerges as thoughtful, serene, and eminently reticent to engage in controversial topics (despite Magary’s attempts at what I sometimes read as contentious questioning).
SFGATE: I wanted to ask you about the Giving Pledge, because isn’t it a way to discourage lawmakers from taxing billionaires at the proper rate that they should be taxed? You understand how, particularly someone like me who’s a journalist who has had to deal with the hope of benevolent billionaires saving my industry and having that fail quite spectacularly, you understand why I might be disillusioned, even talking to you, someone who is very earnest about fulfilling the Giving Pledge, about your class of people? I know you think you’re a peasant, but you’ve earned what you’ve earned.
Craig: I’m both a peasant and a fairly well-off guy.
SFGATE: Can you be both?
Craig: I’m Schrödinger’s philanthropist. I’m in both states at once. I’ve thought about these issues, and I realize they’re a waste of my time to think about because I can’t do anything. Meanwhile, I can do something about other matters.
On the other hand, I found this exchange dismaying:
SFGATE: You moved to New York full time five years ago. Why did you leave San Francisco?
Craig: There’s more going on for me in philanthropy in this part of the country. A lot more. […]
SFGATE: Why is there more philanthropy going on in NYC for you than in San Francisco? What’s the difference?
Craig: Very little in my interest areas happens in San Francisco, but a lot happens either in New York or Washington, or the people from the nonprofits or funders either live and work here or visit New York a lot.
I understand Newmark is saying that his specific philanthropic interests aren’t well represented in San Francisco, but I can’t help but read it as a subtle indictment of the Bay Area tech elite for not being more philanthropically minded.

