Nick Denton is a blogger and an internet entrepreneur who founded the Gawker Media, an online media company, and blog. The blog concentrates on the news and gossips related to media personalities. He is infamous for controversies with celebrities such as Peter Thiel, Christine O’ Donnell, and Hulk Hogan. Continue reading to know more about the life and net worth of Nick Denton in 2020.
Early Life & Biography
Nick Denton was born on August 24, 1966, in Hampstead, London, United Kingdom. His father Geoffrey Denton was a famous British economist who served as the director of Wilton Park. His mother Marika was a psychotherapist, and she died of cancer. Denton attended the University College School and studied Philosophy, politics, and economics at the University College, Oxford. While studying there, he served as the editor of the university magazine.
Nick Denton was in a relationship with actor Derrence Washington from 2013. In January 2014, it was announced that the two would get married on May 31 the same year and they both tied a knot on the announced date at the American Museum of Natural History.
Career, Awards & Nominations
After getting graduated, Nick worked as a journalist for the Financial Times and co-wrote a book about the Barings Bank’s collapse titled All That Glitters. He co-founded “First Tuesday”, a networking forum for technology start-ups. Along with his friends David Galbraith and Angus Bankes, he co-founded “Moreover Technologies” and later founded the Gawker Media.
In 2007, Valleywag hosted a post saying Peter Thiel is a gay. Valleywag is a blog that is owned by the Gawker Media and Denton, and Thiel exchanged a series of heated arguments due to this issue. This incident made Peter Thiel file a lawsuit against the Gawker Media saying that the firm is indulging in people’s privacy.
In 2010, Denton wrote that Christine O’ Donnell slept with a man naked but did not have sex with him. This created huge controversies, and once again Denton and his company were sued for their work. In October 2012, Gawker published a part of the sex tape involving WWE superstar Hulk Hogan which in turn made him file a lawsuit against the company.
The jury awarded Hulk Hogan $115 million as compensatory damages and for emotional distress. He was also awarded an additional $25 million along with a $10 million from Denton personally. These incidents resulted in the bankruptcy of Gawker Media.
Net Worth & Earnings
In 2007, the Sunday Times Rich List ranked him at 502 with a wealth of $205 million. His current net worth is $320 million, and the main source for this huge amount was his Gawker Media.
Though Nick enjoys great fortune, he was always in the media headlines as his company kept indulging in the personal lives of many celebrities. His even saw his company go bankrupt due to its actions, but he never gave up. Nick stood strong and negotiated with Hulk Hogan in 2017 and reached for a settlement that saved him from personal bankruptcy.