Wikipedia is loaded, so why’s it asking for donations?

If you’re a regular visitor to Wikipedia, you may have seen a desperate plea pop up on the site, urging users for donations to keep the encyclopedia online. The impassioned pitch for cash gives the impression that the site is struggling to stay afloat. But the reality is very different, as freelance journalist Andreas Kolbe elucidated in the Daily Dot last week. In an eye-opening piece, Kolbe explains that the Wikimedia Foundation (WMF), which owns Wikipedia, is actually richer than ever before. Kolbe, a former co-editor-in-chief of Wikipedia‘s community newspaper, The Signpost, argues that the non-profit’s rising revenues and record-breaking annual donations…

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