Scott Galloway is an American entrepreneur, podcaster, and author. Galloway is the Professor of Marketing at NYU Stern School of Business and the host of two popular podcasts. The tech mogul made the majority of his wealth selling L2 Inc for $155 million. As of 2024, Scott Galloway has a net worth of $100 million.
Background
Hailing from Florida, Galloway was born on November 3, 1964. Raised by a single mother, he got a bachelor’s degree in economics from the University of California and graduated in 1987. In 1992, he earned an MBA at the Haas School of Business.
Business Career
In 1992, he founded Prophet, a brand consulting company and sold it for $28 million. Scott launched Red Envelope in 1997, the ecommerce website sold personalized gifts and went public in 2003. Red Envelope filed for bankruptcy in 2008 and was bought by Provide Commerce. Scott was left with almost nothing after its failure.
He picked himself up again and started a digital intelligence business called L2 Inc in 2005. Tech consulting firm Gartner purchased the firm for a cool $155 million in 2017.
With his knowledge and reputation, he has joined the board of directors for companies such as Urban Outfitters, The New York Times Company, Gateway Computer, and his alma mater, Haas School of Business.
Academic Career
At NYU Stern School of Business, the brilliant entrepreneur works as a Professor of Marketing. His research focuses mostly on Google, Apple, Facebook, and Amazon. He refers to these companies as “The Four” in his first book.
Moreover, he was a known critic of Adam Neumann and predicted WeWork’s inevitable crash. For this reason, he was a key character in the AppleTV+ series WeCrashed.
Aside from public speaking and lecturing, Scott is a podcast host. In 2018, he began co-hosting the weekly program “Pivot” with journalist Kara Swisher. In 2020, he started a new podcast “The Prof G Show” and released a newsletter on his website.
Net Worth and Earnings
Galloway is a serial entrepreneur and made his wealth starting multiple businesses. Not every venture has worked out but he’s had some huge winners. Selling L2 Inc really put his name on the map and companies want to have him as an adviser. At Urban Outfitters, it is reported that he makes $440,000 per year.
However, his compensation as a board member of other companies hasn’t been disclosed yet. Section4 is his latest business and has raised over $37 million to provide online business education.
His public speaking gigs, book sales, and website are his main sources of income. According to the AAE Speakers Bureau, Scott gets paid $200,000 and above for live events, and $50,000 – $100,000 for virtual events. His personal wealth stands at $100 million as reported on the My First Million podcast. He also revealed, that he spends $200,000 to $400,000 per month.
Personal Life
Scott Galloway was married to Beata Helena Galloway, a German-born property developer. The couple got divorced in 2021 after a 25-year marriage and are now raising two children together. Galloway’s family resides at a waterfront home in Delray Beach, Florida.
