In February 1994, David Filo co-founded Yahoo! With Jerry Yang – and for it, the world owes him, in a manner of speaking, because the web portal is a major force in the Internet. He wrote the Filo Server Program, the server-side software used on the Filo Server Pages for Yahoo’s early versions.
Filo earned his bachelor of science in computer engineering degree at Tulane University and his master’s degree at Stanford University. He is one of the world’s richest men with an estimated net worth of $3.8 billion. He is also a well-known philanthropist with his most notable contribution being a $30 million donation to Tulane University’s School of Engineering as well as his non-profit endeavors including the Yellow Chair Foundation, the Stanford Interdisciplinary Graduate Fellowship, and the K12 Start Fund.
Yahoo Inc. first started as Jerry and David's Guide to the World Wide Web, which consisted of a directory of other websites. The duo later renamed it as Yahoo! before they realized its huge potential and co-founded Yahoo Inc.
Today, Yahoo! is going from strength to strength. The web portal is widely considered as a leader among Internet brands as well as one of the most trafficked (i.e., visited and used) online networks. The American multinational technology company, which maintains its headquarters in Sunnyvale, California, offers a wide range of digital products and services aside from its web portal and search engine status. These include Yahoo! Directory; Yahoo! News; Yahoo! Mail; Yahoo! Groups; Yahoo! Finance; and Yahoo! Answers, as well as online mapping, advertising, social media, and fantasy sports.
Yahoo! is also a leader in many aspects, such as the top-ranking sites in the United States. It is the world’s highest-read media and news website with more than 7 billion readers monthly as well as the fourth most visited site worldwide (June 2015). Such is its global presence that it attracts over 500 million consumers worldwide in over 30 languages.
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