Zillow is a real estate website based in the U.S. The company was established in 2004 by Lloyd Frink and Rich Barton, two former Microsoft employees. Rich Barton is the company’s current CEO.
|Incorporated in||December 2004|
|Launched in||February 8, 2006|
|Founded by||Rich Barton, Lloyd Frink|
|Headquarters||Russell Investments Center Seattle, Washington, U.S.|
|Zillow Net Worth||$12 billion (Last updated 2022)|
Zillow Net Worth
Zillow has stated that they generate revenue through advertising on their website. As of 2022, Zillow’s net worth is $12 Billion.
Zillow Group, Inc. operates mobile and web applications that are focused on real estate. Its brands cover all aspects of the home lifecycle, including rent, purchase, sale, home improvement, and financing.
There are several rental and real estate marketplaces under its umbrella including Zillow, StreetEasy, Trulia, and HotPads. Moreover, it works with realtors, lenders, and property managers.
While working at Microsoft, Barton got the idea to fund Zillow, realizing the real estate sector would undergo a significant transformation. Zillow was incorporated in December 2004, and the company launched its website in February 2006.
Spencer Rascoff became the company’s CEO in 2010, while Barton continued to serve as Executive Chairman. The Zillow Offers service was introduced in April 2018 for on-demand purchasing of homes. Barton returned to the company as CEO in February 2019, leading the transition process.