Serial entrepreneur Sam Parr hit the jackpot after selling his media company The Hustle to HubSpot for tens of millions. The Hustle is a fast-growing media company that provides business news to millions daily. Sam also runs other businesses, and co-hosts the podcast “My First Million” with Shaan Puri. As of 2022, Sam Parr has a net worth of $20 million.
Sam was born in St. Louis, Missouri, where he spent most of his childhood. However, he does not share much about his early years and family background. His birthday is still unknown to the public.
Still, it is known that he studied and got his diploma from St. Louis University High School in 2008. After graduating, he relocated to Nashville, Tennessee, to attend college.
With a D1 track scholarship, he advanced his studies at Belmont University. He was a runner in the 200-meter and 400-meter competitions. He dropped out and went to San Francisco, California, in hopes of making a profitable business.
While in high school, Parr worked at the store for a television personality, Mike Wolfe. He then created a chain of small hotdog shops and sold liquor online in college. After dropping out, he co-founded Bunk, a web platform for roommate matching.
When he left Bunk, he organized a business convention called Hustle Con, which managed to attract thousands of entrepreneurs. It further became a hit after he launched a newsletter. This inspired him to start a media outlet, The Hustle, in 2016.
He started the company from his kitchen. After two years, it ended up delivering tons of entrepreneurial news to 1.5 million subscribers. The Hustle was labeled as one of the most credible sources for business happenings, making $1 million annually in 2020.
The Hustle continues to blow up, and this helped its founder create more startups. Along with his wife, Sam launched “CopyThat,” a website that teaches people the art of copywriting. He also started software companies but hired another person to be the CEO.
Aside from being a successful businessman, Sam Parr is also a podcaster. He co-hosts a popular business podcast “My First Million,” where he gives listeners advice about entrepreneurship and interviews interesting entrepreneurs. One prime example is their interview with Pieter Levels, a guy who makes $2.7 million per year with no-full time employees.
Moreover, Parr started writing a personal blog on his website theantimba.com. Sam has also revealed that he invests in other people’s companies over the years. More recently, he has been experimenting with investing in real estate.
Net Worth and Earnings
In 2021, The Hustle was acquired by software company HubSpot for an undisclosed amount. He hasn’t revealed the exact figure but the sale was worth tens of millions of dollars. The Hustle was valued at $27 million before the deal and the sales price should be close to that figure. This was a huge success considering he started the business from his kitchen table in 2014 and self-funded the company.
Outside of selling The Hustle, he invests in innovative businesses and real estate. All of this plays a considerable part in Sam Parr’s $10 million net worth.
Sam is happily married to his wife, Sara Sodine. The couple first met at a bar and they walked down the aisle in 2020. Sam and his partner are currently living in San Francisco, California.