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Wikimedia profit, assets, and executive wages explode in 2023
(And yet Wikipedia claims to desperately need your donations.)
November 29, 2023
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The Wikimedia Foundation (the organization which runs and controls Wikipedia) has just published their annual financial report for the current year -- and they made a mountain of money.

Revenue is up.  Total assets are up.  Everything, with Wikimedia, is up.  Way, way up.

Including salaries for their executives.  In an extreme way.

At this point, they are Scrooge McDuck swimming through the money in their vault.

Yet, if you go to Wikipedia.org right now, you will be told -- with a great deal of urgency and alarm -- that "it will soon be too late to help us" and that they desperately need you to "please give".

This is one of the least dire-sounding plea for donations in quite some time.

Let's take a quick tour of Wikimedia's current financials to see exactly how rich they are... and how they truly are using those donations.  (And exactly how rich their executives are growing.)

See also: "The Wiki Piggy Bank -- Wikimedia grows rich as Wikipedia donations are used for political causes"

The Money Vault

So, how much money does Wikimedia have, on hand, as of the current filings in 2023?  A lot.  A whole heck of a lot.  Over a quarter of a Billion dollars.

And that's just at first glance.

The deeper you dig, the more money you find.

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https://lunduke.locals.com/post/4619051/lunduke-journal-link-central-tm

Give the gift of The Lunduke Journal:
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Looking for the Podcast RSS feed or other links?
https://lunduke.locals.com/post/4619051/lunduke-journal-link-central-tm

Give the gift of The Lunduke Journal:
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December 13, 2025
Lunduke Journal Lifetime Wall 2 almost full, plus Lifetime Sub as a gift

Two quick tidbits!

First: Lifetime Wall 2 Almost Full

The 2nd Lunduke Journal Lifetime Subscriber Wall of Shame… err… I mean “Wall of Awesomeness” (which shows at the end of each video) is almost full! Holy cow! So many people have signed up over the last few days and asked to be added! Awesome!

There’s room for maybe 3 or 4 more names on there before I need to start Wall Number 3. So if you want to be on the 2nd wall, grab a Lifetime Sub quickly. (Though, really, being on the 3rd wall will be cool too.)

Plus, hey! You can snag one for $89 this month. Which is pretty sweet.

Second: Sending a Lifetime Sub as a Gift

Several of you have asked if it’s possible to send someone a Lifetime Subscription as a gift (at the discounted $89 / $99 price).

The answer is yes! And, instead of sending instructions to each of you, individually, I am including a Step-by-Step rundown on how to send someone a Lunduke Journal Lifetime Sub as a gift.

There are two options — Locals & Bitcoin — and both work equally well.

(Note: A gifted Lifetime subscription can also be applied to Substack accounts… it just can’t be purchased via Substack because of the way the system works for gifting it to another person.)

How to give a gift Lifetime Subscription via Locals:

  1. Go to Lunduke.Locals.com/support.

  2. Select “Give Once“.

  3. Enter “99“ (or more) into the amount field.

  4. Email “bryan at lunduke.com”. Include the following in that email:

    1. Have the words “Gift Sub” somewhere in the subject line.

    2. Include the email you used to make the purchase and the email address of gift recipient.

    3. Include any special instructions or requests, such as: A special message you would like included, when you would like an email sent to the recipient, or if you would prefer to let the recipient know yourself.

  5. Lunduke will send you a confirmation email after that. This usually happens within a few hours.

How to get a Lifetime Subscription with Bitcoin:

You can also send a gift Lifetime Subscription via Bitcoin.  (And it's $10 cheaper thanks to the lower processing fees of Bitcoin.)

  • Send $89 worth of Bitcoin (or more) to the following address:

bc1qyjakve8fywm8pz2v99v57yhjj0vzr2vjze6fcq

  • Email “bryan at lunduke.com”. Include the following in that email:

    1. What time you made the transaction, & how much was sent (in Bitcoin).

    2. Have the words “Gift Sub” somewhere in the subject line.

    3. Include the email address of gift recipient.

    4. Include any special instructions or requests, such as: A special message you would like included, when you would like an email sent to the recipient, or if you would prefer to let the recipient know yourself.

  • Lunduke will send you a confirmation email after that. This usually happens within a few hours.

Note: The Lifetime Subscription only applies to Substack, Locals, and the Lunduke Journal Forum. Other platforms (such as X, Patreon, & YouTube) do not provide the functionality necessary to create Lifetime Subscriptions.

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Last Week on The Lunduke Journal - Fri, Dec 12, 2025

This last week has been, as usual, a doozy for Tech News.

The Mozilla Annual Report dropped, The EU & UK ramped up their war on US Free Speech, and the future of Rust in Linux was cemented (for better or worse).

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Oh, and a quick reminder: Lifetime Subscriptions can be snagged for $89 through the end of December. Monthly & Yearly subscriptions are 50% off as well. Just because.

All Shows From the Last Week

Below are all of the shows over the last 7 days, with links to Substack (where you can get both the audio or video versions). If you want to watch on a different platform (Locals, X, Rumble, YouTube, etc.) check Lunduke.com for all of the links.

As always, thank you for making The Lunduke Journal possible. If it weren’t for your support, most of these stories would never have been told (as no other Tech News outlet is covering them).

You rule.

-Lunduke

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$89 Lifetime Subs Through Monday, Second Lifetime Wall

Holy tidal wave of subscriptions, Batman! I was not fully prepared for the flood of people taking advantage of the $89 Lifetime Sub deal!

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A few quick reminders and bits of info on this glorious Sunday:

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  • For everyone who has already snagged the $89 Lifetime Sub this weekend, you will be receiving a confirmation email by sometime on Monday.

  • For every Lifetime Subscriber who wants to be added to the “Lifetime Wall” at the end of the shows (but isn’t already), toss me an email and let me know how you want your name to be displayed. I’m adding a second wall which will debut in tomorrow’s show (ran out of space on the first wall).

  • Same goes for Lifetime Subscribers who want the Lunduke Journal X account to follow your X account. Email me. Let me know what your X handle is. I’ll take it from there.

  • For the new subscribers: You can find links and details on the various perks (regardless of where you subscribe from) right here.

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See all of you on Monday!

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