Richard Barton | $1B+

Get in touch with Richard Barton | Richard Barton, serial entrepreneur and cofounder of Zillow and Expedia, has repeatedly built category-defining consumer internet companies by applying transparency, data, and user-first design to opaque markets. After helping launch Expedia inside Microsoft, Barton went on to cofound Zillow, reshaping real estate search through pricing data and digital discovery tools, and later founded Glassdoor to bring similar transparency to the labor market. Known for a consistent “power to the people” philosophy, Barton has influenced how millions make decisions about homes, jobs, and travel.

Richard Barton is an American serial entrepreneur best known for founding the online travel company Expedia in 1994 while working at Microsoft, co-founding the real estate marketplace Zillow in 2004, and co-founding the job and company review platform Glassdoor in 2007.[1][2][3] Barton earned a Bachelor of Science in General Engineering with a focus on Industrial Economics from Stanford University.[2] After graduating, he joined Microsoft in the early 1990s, where he developed the initial business plan for Expedia as an internal project to democratize travel booking through the internet.[3] The venture spun out as an independent public company in 1999, with Barton serving as its president, CEO, and board director until 2003.[4] Following Expedia, Barton co-founded Zillow with former Expedia colleague Lloyd Frink, introducing innovative tools like the Zestimate for home value estimates and transforming the real estate industry by empowering consumers with data-driven insights.[2] He led Zillow as CEO from 2004 to 2010, during which the company went public in 2011, and again from 2019 to 2024, before transitioning to co-executive chairman in 2024.[2] Barton also served as a venture partner at Benchmark Capital from 2005 to 2018 and as non-executive chairman of Glassdoor until 2018.[2] His contributions extend to corporate governance, including long-term service on the boards of Netflix since 2002 and Qurate Retail Group since 2016.[2][4] Early life and education Upbringing Richard Barton was born on June 2, 1967, in New Canaan, Connecticut.[5] He is the son of Jim Barton, a mechanical engineer and retired executive at Union Carbide, and Betsy Barton, a teacher and homemaker.[6] Raised in New Canaan, an affluent suburb of New York City noted for its high median household income and professional community, Barton grew up in an environment that provided early exposure to successful business and engineering pursuits.[7] Barton was raised in a household that emphasized education, innovation, and hard work, influenced by his father's career at Union Carbide, where he served as director of general services.[8][9] His mother's background as a teacher further reinforced the value of learning and intellectual curiosity.[8] This family dynamic sparked Barton's early interest in technology and engineering through discussions about his father's professional innovations and local opportunities in a community surrounded by corporate and technical influences.[10] He attended New Canaan High School from 1981 to 1985, building a strong educational foundation that led him to Stanford University.[11] Stanford University Rich Barton attended Stanford University from 1985 to 1989, where he pursued a self-designed Bachelor of Science degree in General Engineering with a focus on Industrial Economics.[2][12][13] This interdisciplinary program combined engineering principles with economic analysis, reflecting his growing interest in applying technology to business challenges; he customized the curriculum after a study abroad experience in Italy.[13] During his time at Stanford, Barton developed an early fascination with software and emerging internet applications, influenced by the proximity to Silicon Valley's innovative ecosystem, including companies like Microsoft and Apple.[13] He supplemented his coursework with practical entrepreneurial efforts, such as running summer jobs in an ice cream business and a painting company to help fund his education, which his family supported through tuition assistance.[13] These experiences honed his skills in engineering and economics while fostering a mindset oriented toward technology-driven solutions. Upon graduating in 1989, Barton launched his professional career as a strategy consultant at Alliance Consulting Group from 1989 to 1991.[14] In 1991, recruited by a Stanford classmate, he decided to join Microsoft, transitioning into the tech industry and setting the stage for his future contributions.[8][14] Entrepreneurship Expedia Rich Barton joined Microsoft in 1991 as a product manager, initially working on MS-DOS 5.0 and later contributing to the development of Windows 95.[8] Over the next three years, he rose through various product management roles, gaining experience in software innovation during the early days of the personal computing boom.[8] In 1994, Barton pitched the concept of an online travel booking platform directly to Bill Gates, securing internal funding to launch Expedia as a Microsoft project.[8] Appointed general manager, he oversaw the creation of the world's first consumer-facing online travel agency, which revolutionized the industry by enabling direct bookings without traditional intermediaries.[15] Key innovations under his leadership included the Best Fare Search tool for simultaneous comparison of prices and schedules, real-time inventory management for hotels and flights, and a strategic emphasis on hotel bookings to leverage bulk purchasing power.[8] His engineering background from Stanford informed this product-focused approach, emphasizing user-friendly technology to democratize travel planning.[16] Expedia was spun off from Microsoft in 1999 and completed its initial public offering, raising approximately $80 million and establishing it as an independent entity.[17] Barton served as president and CEO from the spin-off until 2003, before stepping down.[18] During Barton's tenure, Expedia achieved explosive growth, increasing from zero revenue in 1994 to $70 million by 1999 and reaching net revenues of $522 million for the full year 2002.[8][19] The company expanded into global markets, including Europe and Asia, becoming a multi-billion-dollar enterprise in gross bookings—totaling $2.4 billion in fiscal year 2001 alone—and surpassing rivals like Travelocity in market share within two years of its IPO.[20] This foundation also supported the acquisition and integration of TripAdvisor in 2004, which was later spun off from Expedia in 2011, though Barton had departed by then.[21] In 2003, following the acquisition of Expedia by USA Interactive (later IAC), Barton stepped down from his roles to pursue new entrepreneurial ventures, while joining the board of USA Interactive.[22] Zillow Rich Barton co-founded Zillow in December 2004 alongside Lloyd Frink, a longtime colleague from Expedia, with the goal of building an innovative online platform to transform real estate search and discovery.[23][24] The company officially launched in February 2006 as a comprehensive online real estate marketplace, offering free access to detailed property data for approximately 40 million U.S. homes.[25][26] Barton's vision, informed by his Expedia experience in digitizing opaque markets, emphasized transparency and user empowerment in real estate, much like simplifying travel bookings.[23] Central to Zillow's innovations was the introduction of the Zestimate, an automated home valuation tool that leveraged public records, tax assessments, and algorithmic modeling to provide instant property value estimates upon launch.[27] Complementing this were extensive property listings—including photos, histories, and neighborhood details—and intuitive search features like interactive maps and filters, which made browsing homes more accessible than traditional methods.[25][28] These elements revolutionized property discovery by shifting power from real estate agents to consumers, fostering a more informed and efficient market while disrupting the sector's reliance on fragmented, offline information sources.[27] Serving as CEO from Zillow's inception through 2010, Barton navigated early challenges, including securing venture funding amid a competitive landscape of emerging real estate tech players like Realtor.com.[29][30] The company raised a Series A round of $32 million in 2005 from investors such as Benchmark Capital and Technology Crossover Ventures, followed by a $25 million Series B in 2006 led by PAR Capital Management.[29][26] To adapt to technological shifts, Zillow pivoted toward mobile optimization and advanced data-driven capabilities, enhancing tools like the Zestimate with real-time analytics as smartphone adoption grew.[25] Under Barton's leadership, the platform experienced explosive user growth, attracting over 1 million visits in its first three days and expanding to 23.5 million average monthly unique users by late 2011.[31][32] He guided preparations for the company's July 2011 initial public offering, which debuted Zillow on the NASDAQ and established it as a public entity valued at over $1 billion.[32] Barton's board influence persisted post-CEO tenure, contributing to strategic moves like the 2015 acquisition of rival Trulia for $3.5 billion in stock, which consolidated listings and bolstered Zillow's dominance in online real estate.[33] In 2010, Barton stepped down as CEO to assume the role of executive chairman, shifting focus to long-term strategy while handing operational reins to Spencer Rascoff.[34] This transition marked the end of his direct leadership in Zillow's formative years but sustained his oversight of its evolution into a leading real estate technology powerhouse.[34] Glassdoor and other ventures In 2007, Rich Barton co-founded Glassdoor alongside former Expedia colleagues Robert Hohman and Tim Besse, aiming to create a platform that empowered job seekers and employees with transparent information on company cultures, salaries, and job opportunities.[35] The site officially launched in 2008, initially focusing on anonymous employee reviews and salary data, which quickly resonated amid growing demand for workplace transparency following an accidental salary leak at Zillow that highlighted information asymmetries in hiring.[36] Barton's vision extended his earlier emphasis on consumer empowerment from travel and real estate into the employment sector, fostering a marketplace where individuals could make informed career decisions.[37] Glassdoor experienced rapid growth, amassing over 59 million monthly active users by 2018 and expanding to cover more than 770,000 companies across 190 countries, while raising over $200 million in funding and achieving 30% year-over-year revenue increases.[36] The platform's international reach included operations in regions like Europe and Asia, solidifying its role as a global resource for job insights. In 2018, Glassdoor was acquired by Recruit Holdings, a Japanese HR giant, for $1.2 billion, allowing it to maintain its independent brand while scaling further.[35] Barton served in a limited operational capacity as non-executive chairman from 2007 to 2018, providing strategic guidance rather than day-to-day management, which enabled him to pursue parallel interests.[38] Beyond Glassdoor, Barton pursued diverse entrepreneurial activities, including founding Trover in 2011—a mobile app for sharing travel photography that was acquired by Expedia in 2016 and later discontinued in 2020.[39] As a venture partner at Benchmark Capital from 2005 to 2018, he advised and invested in early-stage startups, contributing to successes like Zillow while supporting others in consumer tech.[1] He also held board roles at Avvo, a legal services marketplace acquired by Internet Brands in 2018, and RealSelf, a cosmetic treatment review platform that raised $40 million in funding that year.[36] These efforts reflected Barton's philosophy of democratizing information to empower users, often drawing on networks from his Expedia days to identify co-founders and opportunities in adjacent markets like professional services and travel discovery.[37] Later career and philanthropy Return to Zillow leadership In February 2019, Rich Barton returned to Zillow Group as CEO, succeeding Spencer Rascoff, who stepped down amid the company's aggressive expansion into iBuying through Zillow Offers, a program launched in 2018 to buy and resell homes directly using algorithmic pricing.[40][41] The move addressed investor concerns over the unproven iBuying strategy and shifting housing market dynamics, with Barton aiming to transform Zillow into a comprehensive real estate platform projecting $20 billion in annual iBuying revenue.[42][43] Barton oversaw the scaling of iBuying to 26 markets by mid-2020, but the program encountered significant challenges, including inaccurate AI-driven home value predictions (Zestimate) that led to over $500 million in inventory losses by late 2021 amid rising interest rates and market volatility.[44][45] In November 2021, he announced the wind-down of Zillow Offers over several quarters, resulting in the layoff of approximately 2,000 employees (a 25% workforce reduction) and a strategic refocus on core businesses like residential listings, rentals, and mortgages.[46][47][48] During the COVID-19 pandemic in 2020-2021, Barton implemented cost-cutting measures, including a 25% expense reduction, hiring freeze, marketing cuts, and a temporary pause on home purchases to navigate disrupted housing transactions while capitalizing on a surge in remote work-driven demand.[49] Under Barton's leadership, Zillow achieved notable recovery and growth, with total revenue rising from $1.31 billion in 2019 to $2.23 billion in 2024, a compound annual growth rate exceeding 11%, driven by expanded digital services in a housing market with 6% transaction value growth.[50][51] Key advancements included enhancements to the AI-powered Zestimate, incorporating neural networks in 2021 for more accurate valuations and later features like natural language search in 2024 to improve user experience.[52][53] The company's stock, which fell 25% following the iBuying exit in 2021, recovered significantly, trading above $60 per share by mid-2024 and approaching pre-pandemic levels amid falling interest rates.[54][55] Barton served as CEO until August 2024, when he transitioned to co-executive chairman alongside co-founder Lloyd Frink, passing the role to long-time executive Jeremy Wacksman to ensure continuity in operations.[56][57] As of 2025, Barton continues to influence Zillow's long-term vision for real estate technology, focusing on innovation in home search and financing from his board position.[58][59] Barton Family Foundation The Barton Family Foundation was established in 2004 by Rich Barton and his wife, Sarah Barton, with the initial goal of creating hope for people in despair through funding education and mentoring programs for at-risk youth in Seattle.[60][61] Early efforts targeted support in education and health, aiming to address immediate needs among underprivileged communities.[62] Over the years, the foundation has evolved its focus toward combating structural injustice, particularly in criminal justice reform and racial equity, while maintaining commitments to education, youth development, health, arts and culture, and Seattle-area community initiatives.[60][62] Since 2016, it has donated over $24 million to organizations advancing these goals, including more than $9.6 million specifically for racial equity and justice reform efforts, with grants supporting programs in reentry services, non-partisan journalism, addiction recovery, and mental health.[60] The foundation provides funding to nonprofits in Seattle and across the United States, such as those addressing generational poverty and societal inequities.[63][64] Notable initiatives include grants to The IF Project, where Sarah Barton has led women's health education programs at the Washington Corrections Center for Women; Civil Survival for bail and policing reform; the Center for Children and Youth Justice; Weld Seattle for restorative justice; AMEND for juvenile justice; Measures for Justice for data-driven accountability; and the ACLU for broader civil rights work.[60][65] These efforts reflect partnerships with experts and co-funders to promote systemic change, and the foundation does not accept unsolicited grant applications.[65] The Bartons' personal motivation stems from a commitment to fostering systemic hope and equity, distinct from Rich Barton's business endeavors, with Sarah providing primary leadership and Rich offering supportive involvement; their family ties into this work through shared board roles in related organizations like Lakeside School and Year Up.[60][62] Personal life Family Rich Barton married Sarah Rose Marcus in September 1993.[9] Sarah Barton, a retired obstetrician-gynecologist,[61] whose medical career significantly influenced the couple's early life decisions, including their relocation choices.[23] Their partnership has been marked by mutual support in both personal and professional endeavors, with the couple collaborating on family priorities while navigating demanding careers.[61] The Bartons have three children, born in the 1990s and early 2000s, who are now adults.[61] The family emphasizes values of independence and achievement, fostering an environment where each child pursues distinct paths.[66] Following Barton's recruitment to Microsoft in 1991, the couple relocated to the Seattle area,[8] where Sarah completed her medical residency at the University of Washington.[67] This move allowed them to balance high-profile professional lives with a stable home environment in Seattle, where they continue to reside.[1] The demands of their careers have shaped a commitment to work-life balance, with Barton crediting family as a key influence on his work ethic and decision-making, such as integrating family routines into his daily life.[68] Interests and lifestyle Rich Barton maintains a disciplined commitment to fitness, achieving what he describes as the best physical condition of his life at age 57 in 2024 and 2025 through a balanced regimen of cardiovascular exercise, strength training, and mindful nutrition. His routine includes daily workouts, such as Zone 2 endurance activities like biking, rowing, or treadmill sessions for about two hours weekly, combined with weightlifting four times a week targeting different muscle groups, and incorporating playful elements like snowboarding, which he pursued for 35 days in a recent year. Barton starts his mornings with a nutrient-dense smoothie made from oat milk, ice, apple, pistachios, macadamias, blueberries, Pocari Sweat, and a prune, followed by 45 minutes using a Hyperice Venom device for heat and vibration therapy to prepare his body. This approach, which he credits for enhancing mental clarity and overall well-being, underscores his philosophy of self-care as foundational to sustaining energy for personal and familial priorities.[13] Barton's hobbies reflect a blend of outdoor pursuits and creative endeavors, including road biking—sparked during a family sabbatical in Italy—snowboarding, tennis, running, rafting trips, and hiking, such as a Grand Canyon expedition with loved ones. He also enjoys fly-fishing, cooking (rooted in his early experience as a short-order chef), and digital painting using Procreate on an iPad, a practice he began during the COVID-19 period and expanded while learning traditional techniques like charcoal drawing in Florence. For intellectual stimulation, Barton favors reading fiction in genres like magical realism and science fiction, with recommendations including works by Mark Helprin (such as The Oceans and the Stars) and Neal Stephenson (Polostan), alongside influential business texts like eBoys and Michael Porter's strategies on competitive advantage. Family-oriented travel remains central, with traditions like extended stays in Italy for cultural immersion and disconnected adventures, such as surf trips or Airstream journeys equipped with Starlink for occasional connectivity.[13] His lifestyle philosophy emphasizes setting "Big Hairy Audacious Goals" (BHAGs) to inspire bold action, embracing provocation in communication to challenge norms and drive innovation, and integrating work with life through sabbaticals, distributed responsibilities, and deliberate disconnection—such as two-week vacations without oversight to foster leadership in others. Barton advocates swinging for the fences, learning from failures without fear, and maintaining multiple interests like venture capital and board roles to avoid stagnation, all while prioritizing health and relationships as the bedrock of fulfillment. A symbolic family tattoo, designed collaboratively and featuring five unique trees forming a snowflake or starfish pattern inked on his arm, represents unity, individual contributions, and collective growth among his household of five. In 2025, Barton has remained active in public speaking, including a keynote at the Phocuswright Conference in November and an April appearance on The Tim Ferriss Show discussing personal rituals and balance, alongside advisory engagements in tech through board positions and early-stage investing. This influence from family shapes his emphasis on shared experiences in travel and rituals, reinforcing his integrated approach to vitality.[

Disclaimer: This profile is based on publicly available information. No endorsement or affiliation is implied.

---

Join UHNWI direct Affiliate Program

Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform

Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.

You may also be interested in reviewing other UHNWIs profiles.

To find the person you want to contact, start typing their name or other relevant tags in the search bar.

Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.

Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires

Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America

Filter by Age: 1920-1930 | 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000

Filter by: Men | Women

Related People

---

Support our Research

UHNWI data is an independent wealth intelligence initiative led by a team of data researchers dedicated to building the world’s most comprehensive archive of individuals with a net worth exceeding $100 million. We believe in open access to structured knowledge — freely available, meticulously curated, and ethically maintained. This work is complex, time-intensive, and demands significant resources. If you find value in what we do, we invite you to support our mission with a donation. Your contribution helps preserve the independence, depth, and lasting impact of this unique research project.

$5.00

$10.00

$20.00

$30.00

$50.00

$100.00

Custom Amount

Please enter an amount

$

One-Time Donation Weekly Donation Monthly Donation Quarterly Donation Annual Donation

Support us by covering the fees we have to pay

3% Cover the Fee

Support our Research Support our Research

Marketing Tools

Essential marketing tools to effectively engage wealthy individuals, tailored to meet any personal, marketing, or sales objectives.

Use tags below for more precise targeting.