Scott Galloway Net Worth (Money & Salary)

Curious about Scott Galloway’s earnings and wealth?

Scott Galloway, also known for his roles as an American professor, author, speaker, businessman, and entrepreneur, possesses a net worth totaling $40 million. Notably, he co-hosts the popular podcasts “Pivot” with journalist Kara Swisher and “The Prof G Show”. In addition to his podcasting endeavors, Galloway, a marketing professor at the New York University Stern School of Business, generously donates his NYU salary back to the institution and has made substantial donations to NYU, Berkeley, and UCLA.

An Insight into Speaking Fees

As per an August 2022 profile by The New York Times, it is revealed that Scott commands an impressive $5 million annually from speaking engagements, charging $50,000 for virtual events and $250,000 for live international appearances.

Journey from Childhood

Scott Galloway, born in November 1964 to immigrant parents, hails from a humble background. His father was a Scottish salesman while his mother worked as a secretary. Following their divorce when he was just 9 years old, Scott resided with his mother.

He pursued his undergraduate studies at UCLA before obtaining an MBA from the Haas School of Business at the University of California, Berkeley.

Professional Endeavors

While pursuing his MBA at Berkeley, during the early days of the internet’s expansion, Scott Galloway, along with a friend, initiated a marketing consultancy named Prophet Brand Strategy in 1992. Their primary advice to clients emphasized transitioning their brands to the online sphere. Prophet soon amassed notable clients such as Levi Strauss, Apple, and Williams-Sonoma.

In 1997, he founded Red Envelope, among the pioneering e-commerce platforms that concentrated on last-minute gift offerings.

Scott also established L2 Inc., a digital intelligence firm in 2010, subsequently acquired by Gartner in 2017 for a reported $155 million. Venture into the financial realm led Scott to establish the activist hedge fund Firebrand Partners in 2005. Holding directorial roles at renowned companies like Eddie Bauer, Gateway Computer, The New York Times Company, Urban Outfitters, and others, Galloway undertakes brand management and digital marketing teachings for MBA students.

His literary contributions include:

• The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google
• The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning

As a board member at Urban Outfitters, Scott generates an annual income of $440,000.

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Insights from ‘Pivot’

In 2017, preceding ‘Pivot’s’ launch, Scott notably predicted Amazon’s acquisition of Whole Foods during an appearance on Kara Swisher’s solo podcast. Unsurprisingly, Amazon announced the acquisition just four days later.

From 2018 onwards, he collaborates with journalist Kara Swisher to co-host the revered podcast “Pivot”. Via ‘Pivot’, Twitter, and his platforms, Scott critically dissects underperforming corporations. One memorable instance was his insightful analysis of WeWork in 2019, a critique that could have influenced the company’s subsequent downfall. Scott’s portrayal by Kelly AuCoin in the 2022 Apple TV+ series “WeCrashed” recounts WeWork’s dramatic decline.

Despite his adept insights, some predictions miss the mark. For instance, his 2019 forecast of an 80% drop in Tesla’s stock price was far off, as the stock soared tenfold. It’s reported that a stock index banking on opposing Galloway’s predictions has yielded over a 200% return.

(Photo by Tobias Hase/picture alliance via Getty Images)

Investments and Equity

In a scathing letter directed at Twitter’s executive Chairman Omid Kordesanti in December 2019, Scott unveiled his ownership of 334,000 Twitter shares, then valued slightly above $10 million. Having fluctuated between $5 million and $15 million at various junctures, Scott sold his stake in May 2021, presumably fetching around $20 million (pre-tax) at a time when Twitter traded around $60 a share.

In various public platforms, Scott hinted at stakes in Apple and Amazon. In a February 2018 article, he stated:

“The benefits of big tech have accrued for me on another level as well. In my investment portfolio, the appreciation of Amazon and Apple stock restored economic security to my household after being run over in the Great Recession.” – Scott Galloway

Property Holdings

Scott’s real estate portfolio includes a 3,300 square-foot SoHo apartment in New York City. However, his primary residence is in Delray Beach, Florida, where he invested in his initial home for slightly over $1 million in 2013. In January 2022, Scott sold this property for $3.7 million.