Brad Greenspan net worth
Brad Greenspan Net Worth: Brad Greenspan is an American entrepreneur who has a net worth of $20 million. Brad Greenspan has been involved in the creation of several large web properties, most notably MySpace. Brad Greenspan attended UCLA, where he started his first company, Palisades Capital, in his dorm room. Some of his other accomplishments include Broadwebasia (an Asian internet company), Borba (a health product line) and LiveUniverse (an internet company focused on social networking).
Brad Greenspan is the founder of one of the earliest and most successful social networking sites, Myspace. In 1998, he founded eUniverse Inc., which eventually led to the launch of Myspace in 2003. Greenspan worked with Chris DeWolfe, Josh Berman and Tom Anderson to develop the popular site. He was forced to quit eUniverse and was later charged by New York Attorney General Eliot Spitzer for allegedly placing spyware on the site without disclosing that information to users. Even after selling the company to Greenspan’s rival, News Corp., in 2005, he still holds a 10 percent stake in the company. A year later, he created another website, freemyspace.com, to call for a government investigation into the sale of Myspace to News Corp. He called it “one of the biggest merger scandals in American history” and accused business partners of demeaning Myspace. His lawsuit was later dismissed in court. Since Myspace, Greenspan has continued to develop the Asian web company Broadwebasia, a line of wellness products called Borba and a secondary social network called LiveUniverse. He graduated from UCLA in 1996 with a Bachelor of Arts degree.
