Matt Drudge Net Worth | Celebrity Net Worth

Matt Drudge Net Worth | Celebrity Net Worth

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What is the Net Worth of Matt Druze?

Matt Drudge is an American political commentator who has a net worth of $100 million. Drudge is certainly the man behind Drudge Report, an American news aggregator. Over the years, Matt has become a central figure in American political commentary, appearing on numerous television and radio shows. He has also written many books. In particular, Druze is known for reporting on political scandals.

early life

Matthew Drudge was born on October 27, 1966 in Tacoma Park, Maryland. He was initially raised near Washington DC by both his parents, but saw their divorce at the age of six. Matt then moved to live with his mother, who is a former staff attorney for US Senator Ted Kennedy. His parents are both Democrats, and both worked for the federal government in some capacity. During his childhood, Drudge had few friends and spent time reading the news and talking on the radio. He was not a particularly gifted student, and at one point joked that his academic qualifications made him the best fit for a job at 7-Eleven.

livelihood

Normally, Matt Druze was completely unknown to the world until he started the news aggregation site, Druze Reports. He had previously worked at 7-Eleven, McDonald’s and other similar jobs. In 1989, he relocated to Los Angeles and began working at the gift shop for CBS Studios. After becoming the manager of the gift shop, he started hearing all kinds of gossip, which led to the creation of the Drug Report. His father bought him his first computer in 1994, which he used in the Druze Report.

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Originally, the drug report was just a set of email notes sent to his friends. Eventually, it began to expand, reporting for the most part on opinion-based stories and gossip. It became a proper email newsletter before being posted on Usenet forums. By the late 90s, Drug Reports had begun to transition toward being a web-based news site rather than an email newsletter. During this period, Matt Drudge also gained a reputation for breaking many news stories in front of the mainstream media. These included the news that Jack Kemp would be Bob Dole’s running mate in 1996, and the Monica Lewinsky scandal.

During this period, Drudge also met Andrew Breitbart and became his mentor. Breitbart remained involved in the handling of Drug Report until 2005, when he left under amicable terms. For many years, Drudge continued to run his operation from a one-bedroom apartment in Hollywood, even when his website was a huge success.

Ivan Agostini/Getty Images

In the late 90s, Fox New Channel offered Matt Drudge the opportunity to host his own show called “Drudge”. However, after about a year, the show ended. Drudge and Fox disputed some issues, with Matt accusing the network of censoring him. The controversy peaked when Matt Drudge wanted to show photos of the abortion surgery to highlight his pro-life outlook, but Fox refused to air the footage.

By the early 2000s, Matt had begun to focus mostly on his radio shows and his website. The radio show began to gain momentum in the early 2000s when it was frequently referenced by Sean Hannity, Rush Limbaugh and Mark Levine on their own shows. In 2007, Matt Drudge left his position as radio host. Over the years, Matt has also published several books. In 2020, he published “The Drug Revolution: The Inside Story of How to Talk Radio, Fox News, and a Gift Shop Clerk with an Internet Connection Takes Down the Mainstream Media”. He also co-wrote “Drudge Manifesto” with Julia Phillips, which became a best seller in 2000.

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Political Views

Drudge has been described as a conservative populist. In the late ’90s, Matt himself argued that he was a libertarian “abandoning drugs and abortion.” He has also argued for lower taxes, and he has bragged that he is “free of any corporate concerns.”

Income

According to a 2003 magazine interview, Drudge’s website was generating $3,500 per day in advertising revenue at the time. This equates to about $1.3 million per year. It is estimated that the website made a profit of approximately $800,000 during this period. During this time, Drudge estimated that he was making a profit of about $1.2 million per year from both his website and his radio show.

real estate

In 2011, it was reported that Matt Drudge had purchased a “Safari Home” in Miami for $1.45 million. The ranch-style residence boasts 6,500 square feet of living space, a waterfall in the master bedroom, and a state-of-the-art security camera system. At this point, he also sold a condo in Miami worth over $1 million in the Four Seasons. In 2013, it was reported that Matt Drudge had expanded his Miami campus to more than 10 acres by purchasing an adjacent property. He reportedly bought this property for $700,000.

Later in 2013, Drudge sold one of his Miami mansions for $1.575 million. He owned the residence for several years and eventually offloaded it to a FedEx executive named Don Colernan. The mansion has three bedrooms and 2,609 square feet of living space. He originally bought the house in 2003 for $1.4 million. In 2016, he gave a $700,000 Miami home to a man he had lived with for several years.

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