#528: Jimmy Wales, Founder of Wikipedia, on Homeschooling, Atheism, Understanding Financial Markets, Ayn Rand, Favorite Books, and More
The Tim Ferriss Show
Tim Ferriss: Bestselling Author, Human Guinea Pig
4.6 • 17.7K Ratings
🗓️ 24 August 2021
⏱️ 109 minutes
🧾️ Download transcript
Summary
Jimmy Wales, Founder of Wikipedia, on Homeschooling, Atheism, Understanding Financial Markets, Ayn Rand, Favorite Books, and More | Brought to you by You Need A Budget cult favorite budgeting app, Athletic Greens all-in-one nutritional supplement, and Helix Sleep premium mattresses. More on all three below.
Internet and technology entrepreneur Jimmy Wales (@jimmy_wales) is founder of the online nonprofit encyclopedia Wikipedia and cofounder of the privately owned Wikia, Inc., including its entertainment media brand Fandom, powered by Wikia. Jimmy serves on the board of trustees of the Wikimedia Foundation, the nonprofit charitable organization he established to operate Wikipedia.
In 2019, Jimmy launched WT Social—a news-focused social network. In 2006, Jimmy was named to Time magazine’s list of the 100 most influential people in the world for his role in creating Wikipedia.
In 2021, inspired by his family quiz nights during COVID-19 lockdown, Jimmy created Quiz Night Beyond—a website where people can create and play quizzes online with family and friends wherever they may be.
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This episode is brought to you by You Need A Budget! You Need A Budget is a cult favorite budgeting app for a reason—it works. The app and its simple 4-rule method will change the way you think about your money and help you gain total control so you can plan for the things you need and get the things you want without guilt or stress. You Need A Budget has helped millions of people transform their finances, save their marriages, and live life on their own terms.
The You Need A Budget team offers free, live classes every day of the week, including video courses, bootcamps, and challenges, and active fan groups in every corner of the internet. On average, new budgeters save more than $600 by month two and $6,000 in their first year. Try the app free for 34 days (no credit card required) at YouNeedABudget.com/Tim.
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This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is usually Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system.
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This episode is also brought to you by Helix Sleep! Helix was selected as the #1 overall mattress of 2020 by GQ magazine, Wired, Apartment Therapy, and many others. With Helix, there’s a specific mattress to meet each and every body’s unique comfort needs. Just take their quiz—only two minutes to complete—that matches your body type and sleep preferences to the perfect mattress for you. They have a 10-year warranty, and you get to try it out for a hundred nights, risk free. They’ll even pick it up from you if you don’t love it. And now, to my dear listeners, Helix is offering up to 200 dollars off all mattress orders plus two free pillows at HelixSleep.com/Tim.
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Transcript
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| 0:00.0 | This episode is brought to you by You Need A Budget. |
| 0:02.4 | What is You Need A Budget? |
| 0:03.3 | You need a budget is a cult favorite budgeting app for a reason. |
| 0:07.3 | It works and I'm going to come back to that cult favorite because oh my god, |
| 0:10.7 | they really do have a cult following. |
| 0:12.5 | The app and its simple four rule method will change the way you think about your money |
| 0:16.4 | and help you gain total control so you can plan for the things you need and get the things you want |
| 0:21.2 | without guilt or stress. |
| 0:23.0 | Do you have any idea on the cult favorite side? |
| 0:25.6 | To date they know of at least seven customers who have customized their license plates to mark |
| 0:31.0 | the occasion of purchasing a new car and cash. |
| 0:33.5 | And these fans do this by including why in a b you need a budget on their license plates. |
| 0:40.2 | So people love this app. |
| 0:42.8 | You need a budget has helped millions of people transform their finances, save their |
| 0:46.6 | marriages and live life on their own terms. |
| 0:49.2 | I even asked Pete Adney who's been on the podcast, best known as Mr. Money Mustache, |
| 0:53.5 | super popular episode, what he thought and he's a big fan of the founder and what they're doing. |
| 0:58.1 | So it was check check check green light green light across the board. |
| 1:01.8 | You need a budget's simple four rule method will actually teach you how to manage your money. |
| 1:06.4 | You will learn a new way of thinking new habits and new behaviors that will help you get out of debt, |
| 1:11.2 | break the paycheck to paycheck cycle and build wealth faster. |
| 1:14.8 | The You Need a Budget team is committed to your success. |
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