Zillow Founder Rich Barton Becomes Billionaire
THEREALDEAL
Barton owns the largest individual stake in Zillow, which he started with four colleagues from his prior company, Expedia. He stepped down from his CEO position in 2010 and stayed on as executive chairman but returned to his CEO role last February to lead Zillow’s iBuying charge through its service Zillow Offers. The company’s stock still struggled throughout 2019, but Zillow released the year’s full earnings report Wednesday and showed enough momentum to raise its stock price significantly….