Quick Facts about Alex Blumberg

Alex Blumberg, a George Polk Award-winning American radio journalist, is best known for his work on the podcast Planet Money and the radio program This American Life. Blumberg, an Oberlin College graduate, is the co-founder and CEO of Gimlet Media, Inc, a digital media and podcast network. In addition, Alex is a journalism adjunct lecturer at Columbia University.

What is the net worth of Alex Blumberg?

The net worth of Alex Blumberg is estimated to be over $200 million dollar. Alex worked as a producer for the radio show This American Life from 1999 to 2014, as well as co-founder/host of the podcast Planet Money (2009-2014), which allegedly paid him a six-figure salary each year.

After selling Gimlet Inc. to Spotify for $230 million, firm co-founder Alex Blumberg’s fortune skyrocketed. However, no exact figure for his stake or holdings in the business has been released. Furthermore, he is the company’s CEO, which increases earnings assistance through his remuneration.

Early Career Development and Education

Born in the United States of America, in the city of Cincinnati. Alex Blumberg keeps his personal life private, however he is said to be in his 50s. He started at Oberlin College in 1985 and graduated in 1989 with a BA in Political Science and Government.

Alex travelled to Russia after graduating and stayed there for a year before returning to Cincinnati. Similarly, he went to Chicago in the early 1990s and worked as a science teacher at a private school from 1993 to 1996. Blumberg was also an intern at Harper’s Magazine in Brooklyn by the mid-1990s.

Co-founded Planet Money and worked on ‘This American Life.’

Alex worked as a freelance radio reporter for Savvy Traveller and Chicago Public Radio before becoming friends with Ira Glass, the host of This American Life, through a mutual connection, which led to him being hired as an administrative assistant for the weekly radio show.

Bloomberg took over as producer of This American Life Radio in June 1999 and stayed until August 2014. Furthermore, the American radio journalist was named executive producer of the This American Life TV series.

Alex Blumberg and Adam Davidson co-founded Planet Money, an NPR program, after earning the George Polk Award for an episode of This American Life titled “The Giant Pool of Money.”

The podcast mostly covered the financial crisis of 2007-08, which followed the government’s purchase of Fannie Mae and Freddie Mac.Until March 2014, he was the editor and host of Planet Money for 5 years and 3 months.

Gimlet Media’s Co-Founder and CEO

Alex Blumberg resigned his job as a public radio reporter to pursue a business venture. He co-founded Gimlet Media Inc. with Matthew Lieber and currently serves as its CEO, while Matthew is the company’s President.Gimlet Media, formerly known as American Podcasting Corporation (APC), is a digital media firm and podcast network that launched its flagship series StartUp in August 2014.Heavyweight, The Pitch, Conviction, The Two Princes, and the most current The Scaredy Cats Horror Show are among the company’s 18 podcasts, which include StartUp (debut on April 30, 2020).

Gimlet’s Funding and Valuation

Gimlet received $1.5 million in seed capital from investment firms Betaworks, Lowercase Capital, and Knight Enterprise Fund, valuing the company at $10 million.

The Series A financing ended in December 2015, raising $6 million at a $30 million valuation.Stripes Group led a $15 million Series B funding round on August 2, 2017, with contributions from Emerson Collective, Graham Holdings, Betaworks, and Cross Culture Investors. In September 2017, WPP invested $5 million in Gimlet Inc. for a minority investment.

Is Alex Blumberg single or married?

Alex is married to Nazanin Rafsanjani, with whom he has a happy relationship. Nazanin Blumberg, Blumberg’s wife, is an Iranian-born American new show development executive at Gimlet Media, where she previously served as creative director and senior producer for The Rachel Maddow Show.

The couple also has a son together, Calvin, and they live in New York City, New York. However, no further information on their relationship, wedding, or child has been released.

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