Scott Galloway, an esteemed American clinical professor, is widely recognized for his influential podcasts, The Prof G Show and Pivot. This article delves into Scott Galloway’s net worth, exploring the various factors that contribute to his wealth, including his professional and personal life.
About Scott Galloway
Scott Galloway, born on November 3, 1964 (age 59 as of 2024), hails from Los Angeles, California. His father, Tom Galloway, worked as a sales executive, while his mother, a Jewish immigrant, served as a secretary. When Scott was nine, his parents divorced, and he and his mother were left to fend for themselves. Reflecting on his childhood, Galloway shared, “My parents divorced when I was 9, and one of the ways my Dad would bond with me was to sneak into a golf course at dusk. A bit of mischief made us feel closer.”
Educational Background
Galloway initially faced rejection from the University of California, Los Angeles, despite the university’s 76 percent acceptance rate at the time. However, he persevered and resubmitted his application, which impressed the admissions director. Though his grades were modest, the director saw potential in Galloway, leading to his acceptance.
In 1987, Galloway graduated with a Bachelor of Arts in Economics, though his GPA was 2.27. Undeterred by these academic challenges, he continued his education and earned an MBA from the UC Berkeley Haas School of Business in 1992.
Scott Galloway’s Net Worth
As of 2024, Scott Galloway’s net worth is estimated at $40 million. His wealth is attributed to several key ventures and accomplishments.
Name | Scott Galloway |
Full Name | Scott Robert Galloway |
Profession | American Clinical Professor,
Public Speaker, Author, Podcast Host, and Entrepreneur |
Net worth | $40 million |
Factors Contributing to Scott Galloway’s Wealth
Prophet Brand Strategy
After completing his education, Galloway founded Prophet Brand Strategy, focusing on building market presence for various brands. While exact earnings from this venture are not disclosed, it has significantly contributed to his wealth.
Red Envelope
In 1997, Galloway launched Red Envelope, an e-commerce platform offering unique gifts. The company was sold to Gartner in 2017 for an impressive $155 million.
The Pivot Podcast
Galloway co-hosted The Pivot Podcast with journalist Kara Swisher starting in 2018. The podcast, known for its commentary on major companies and their decisions, forecasted an 80 percent drop in Tesla’s stock price in 2019. It currently enjoys around 250,000 downloads weekly and ranks among the top 100 on iTunes.
Academic and Professional Achievements
As a marketing professor at NYU Stern School of Business, Galloway is renowned for his expertise. He also appeared as a guest on the Apple TV+ show WeCrashed. His speaking engagements are highly sought after, with fees of $50,000 for virtual events and $250,000 for international appearances.
Real Estate and Properties
Galloway owns several properties across the United States, valued at approximately $3 million, although specific details remain private.
Career Milestones
- In 1987, he began his career as a fixed-income analyst at Morgan Stanley.
- He founded Prophet in 1992, which focuses on consulting and marketing.
- Red Envelope, started in 1997, was acquired by Gartner for $155 million in 2017.
- Galloway serves on the boards of several organizations, including Eddie Bauer, The New York Times Company, Gateway Computer, Urban Outfitters, and Berkeley’s Haas School of Business.
- He began hosting The Pivot Podcast in 2018 and launched The Prof G Show in 2020. He briefly joined CNN+ in 2021 before the platform was discontinued.
Personal Life
Scott Galloway is married to Beata Galloway, a real estate developer, who is his second wife. They met at the Raleigh Hotel Pool in Miami and have two sons. The family resides in London.
Lesser-Known Facts About Scott Galloway
- In an interview with The New York Times, Galloway named Muhammad Ali and Richard Semons as his heroes.
- He revealed that his first job at Morgan Stanley came about because he had previously worked as a personal tour guide for one of the firm’s employees.