![]() On January 15, 2001, Jimmy Wales and Larry Sanger launched Wikipedia Sanger coined its name as a portmanteau of "wiki" and "encyclopedia." Wales was influenced by the " spontaneous order" ideas associated with Friedrich Hayek and the Austrian School of economics, after being exposed to these ideas by Austrian economist and Mises Institute Senior Fellow Mark Thornton. It is hosted by the Wikimedia Foundation, an American non-profit organization funded mainly through donations. It is consistently one of the 15 most popular websites ranked by Alexa as of 2021, Wikipedia was ranked the 13th most popular site. Wikipedia is the largest and most-read reference work in history. Individual contributors, also called editors, are known as Wikipedians. Wikipedia ( / ˌ w ɪ k ɪ ˈ p iː d i ə/ ( listen) wik-ih- PEE-dee-ə or / ˌ w ɪ k i-/ ( listen) wik-ee-) is a multilingual free content online encyclopedia written and maintained by a community of volunteers through a model of open collaboration, using a wiki-based editing system. Most text is also dual-licensed under GFDL media licensing varies
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