Matt Drudge’s Net Worth Is Utterly Sickening

Intro there wasn't a likelihood for Upward mobility in my swing shift position at 7-Eleven that was my last job in Washington so in the famous words of another newsman Horus gley I still a young man went West Matt drudge best known for his pioneering news aggregation website The Drudge Report has to say the least become somewhat of a polarizing figure in media and politics in the last couple of decades since launching his site in the 90s drudge has wielded significant influence over the news cycle and public discourse while his methods and editorial choices have often been controversial there's no denying the financial success he's achieved today we'll explore his journey from obscure blogger to Media Mogul in The Rise of an Internet Pioneer the media sphere there's something very interesting going on Matt drudge who's been a conservative institution since the late 1990s has basic it's going to be a real Scandal on the highest order American has ever seen it really is the first time I think the internet is breaking a story of this magnitude we can't talk about it much further cuz we've got an FCC license on the stations at air Entertainment Tonight There's serious problems of sexual malan in the in the White House the rise of an Internet Pioneer Matt drudge born October 27th 1966 in Tacoma Park Maryland is a name that's all but synonymous with the dawn of Internet journalism as the founder and editor of The Drudge Report he revolutionized how news is consumed and distributed online but drudge's journey to becoming a media Mogul and accumulating his impressive net worth was far from conventional Growing Up near Washington DC his early life was marked by an avid interest in news and talk radio after his parents divorced when he was six he lived with his mother drudge was not a stellar student graduating 341st in a class of 355 in his book drudge Manifesto he even admits to having failed his bar mitzvah judge's path to success was anything but direct he worked a series of odd jobs including night counterman at a 7-Eleven telemarketer for Time Life books and manager at McDonald's in 1989 he moved to LA taking a job in the gift shop of CBS Studios it was there privy to Insider Hollywood gossip that the seeds of The Drudge Report were planted this The Birth of the Drudge Report is the Drudge Report this little machine here let me put it over here you want to open it up and you take this wherever you go take it wherever I go in case uh you can see in case something there we go something happens along the way that is it through that I can I communicate through millions of readers throughout the world the birth of The Drudge Report in 1994 drudge's father bought him a Packard Bell computer concerned about his son's apparent aimlessness the gift proved to be the Catalyst for drudge's future success The Drudge Report began as simple email notes sent to a few friends a mix of God gossip and opinion the newsletter quickly transitioned from entertainment gossip to political news moving from email to the web as its primary distribution method by March 1995 The Drudge Report had 1,000 email subscribers just 2 years later the number had ballooned to 85,000 drudge's Big Break came in 1996 when he accurately reported that Jack Kemp would be Bob Dole's running mate in the presidential election but it was in 1998 that drudge truly cemented his place in media history he broke the news of the Clinton Lewinsky scandal scooping mainstream media outlets and forever changing the landscape of online journalism The Drudge reports influence The Drudge Report's Influence and Revenue and revenue The Drudge reports influence on media and politics cannot be overstated despite its simple design a series of black and white headlines and a few color photos the site became a goto source for both the public and other journalists its ability to drive traffic to other news sites made it a powerful force in shaping the news cycle in 2006 Time magazine named drudge one of the 100 most influential people in the world ABC News concluded that the Drudge Report sets the tone for National political coverage even the Washington Post acknowledged in 2006 The Drudge was their largest driver of traffic this influence translated into significant Revenue in 2013 business 2.0 magazine estimated that the Drudge Report was earning $3,500 a day in advertising Revenue after subtracting server costs they estimated the site neted $800,000 annually drudge himself confirmed in a 2004 C-SPAN appearance that he was earning more than a million dollars a year and I think I've proven that to my Expanding Beyond the Web readers over almost four years now and thousands of reports that have uh Unearthed uh deception and uh lies and Scandal of the highest order expanding beyond the web drudges success with his website led to opportunities in other media from June 1998 to November 99 he hosted a Saturday night television show called drudge on Fox News Channel the show ended due to a disagreement over content with drudge refusing to go on air after Fox News prevented him from showing certain photos related to abortion drudge also ventured into radio hosting a Sunday night talk show syndicated by Premier Radio Networks he became a frequent reference for news material on popular conservative radio shows hosted by Rush Limbaugh Sean Hannity and Mark Levan drudge left his position as radio host in September 2007 in 2000 he co-authored a book with Julia Phillips titled drudge Manifesto which made the New York Times bestseller list the book offered insights into his philosophy and experiences in the world of news and media the reclusive The Reclusive Millionaire millionaire despite his significant public influence judge is known for being notorious iously private he rarely gives interviews and has become increasingly reclusive over the years this air of mystery has only added to the Public's fascination with him and speculation about his wealth for many years he operated The Drudge Report from his one-bedroom apartment in Hollywood today he maintains the website from his properties in Miami in 2007 it was reported that drudge owned two properties in Miami a $1.4 million Mediterranean style stucco house on Revo Alto Island and a 1 million plus condominium in Miami's Four Seasons Hotel his personal life remains largely out of the public eye in a 2003 interview he stated that his only Indulgence apart from travel was his Corvette his decision to base himself in Florida is likely influenced by the state's favorable tax laws The Drudge The Drudge Report's Worth reports worth estimating the exact value of The Drudge Report is challenging due to its private ownership and drudge's reluctance to discuss financial matters but various estimates have been made based on the site's traffic and revenue in 2020 amid rumors that drudge might be seeking an investor media Watchers attempted to Value the site estimates ranged from $100 million to over 200 million Matthew lissak author of drudge Revolution suggested that if axios was worth over $200 million The Drudge Report would be worth well north of that given its higher traffic and lower overhead the site's value is largely derived from its massive traffic in 2020 drudge claimed on his website that in the previous 24 hours he had 27.3 million visits and over the last month 7672 million visits however it's important to note these figures don't necessarily represent unique visitors different tracking Services provide varying estimates of The Drudge reports traffic similar web pegged August 2020 traffic at 63.2 two million visitors a month with 721.221 Sam Rush estimated much higher at 1 15.1 million visitors and 1.06 3 billion page views based on these traffic estimates 247 Wall Street calculated that The Drudge reports Revenue could be approximately 3.4 million a month or 4.8 million a year with minimal overhead costs estimated at about 3 million a year the site's profitability is substantial in the meantime the Matt Drudge's Net Worth administration is defending the GOP after a scathing critique from Matt drudge the well-known conservative fire brand accusing the party of ignoring its campaign promises tweeting quote Republican party should be sued for fraud no discussion of tax cuts now just lots of crazy Back to Basics guys Matt drudge's net worth most estimates place his net worth between 150 million and $200 million the impressive Fortune has been accumulated primarily through the success of the Drudge Report report his real estate holdings also contribute to his net worth in addition to his Miami properties in 2023 he listed a compound in Miami for 2.9 Million now it's time Outro to hear from you what do you think about Matt drudge's enduring Legacy on media let us know in the comment section below