Wikipedia founder Jimmy Wales has told Sky News he supports anti-greed protests taking place in London and across the world.
The creator of the online non-profit encyclopedia said he understood anger over bonuses being paid to the bosses of banks that have been bailed out with tax-payers money. “I do (have sympathy with the protesters),” he said. “You won’t find a bigger proponent of the free markets and capitalism than me.
“I think a big part of what people are protesting about… is when big companies are failing and they get bailed out and then the management pays itself a bonus out of money that was taken from us in taxes. “It’s outrageous. The idea that because you’re politically connected you’re able to get access to tax-payers’ money and take home a £4m pay cheque is just
Wikipedia was a child of the dot com crash. One of the reasons we were so innovative in terms of letting the community control things is that I had not money to hire anyone – Wikipedia founder Jimmy Wales
Speaking to promote London’s Tech Entrepreneur Week in December, he also said others could follow the Wikipedia’s example. “Wikipedia was a child of the dot com crash,” he said. “One of the reasons we were so innovative in terms of letting the community control things is that I had not money to hire anyone. “In recession, there are a lot of great companies to be built” He added that he did not know the value of Wikipedia, saying: “Nobody really knows. A lot… a few billion, I’m not sure.”