Richard Rosenblatt Net Worth
Category | Information |
---|---|
Net Worth | $100 million dollars |
Salary | N/A |
Birthdate | 1969 |
Birthplace | Woodland Hills, California |
Gender | Male |
Height | N/A |
Profession | Entrepreneur, Media Mogul |
Nationality | American |
Highlights
Richard Rosenblatt, an American entrepreneur and media mogul, has accrued a net worth of $100 million dollars. He co-founded iMALL, an online company aimed at facilitating business transactions over the internet. Rosenblatt’s career has been marked by notable accomplishments, including helping pilot Myspace.com to success and founding Demand Media, now known as Leaf Group, which owns numerous popular websites.
Early Life
Richard Rosenblatt was born in Woodland Hills, California in 1969. He attended UCLA and later earned his J.D. from the University of Southern California Law School in 1994. During his early professional years, Rosenblatt briefly worked at a law firm before venturing into the world of entrepreneurship.
Career
Rosenblatt’s career began with the founding of iMALL, an online company that aimed to facilitate e-commerce for businesses. Within two years, he assumed the role of CEO and later Chairman of the Board. In 1999, Rosenblatt sold iMALL to Excite@Home for over $500 million, solidifying his reputation as a successful entrepreneur.
Following the sale of iMALL, Rosenblatt held executive positions at various companies, including DrKoop.com, Superdues.net, and Intermix Media. At Intermix Media, he played a pivotal role in the success of Myspace.com, demonstrating his ability to navigate the evolving landscape of the internet and technology sector.
Not without legal controversies, Rosenblatt faced lawsuits filed against Intermix Media, including one by the former New York Attorney General, Eliot Spitzer, for installing software without consumer consent. Additionally, Intermix’s founder and ex-CEO, Brad Greenspan, filed a lawsuit against the company during Rosenblatt’s tenure. Despite these challenges, Rosenblatt persevered and went on to establish Demand Media, later renamed Leaf Group.
Personal Life
Richard Rosenblatt is married to his wife, Lisa, and they have two children together. In addition to his professional endeavors, he also owns a series of nightclubs in Southern California bearing the cheeky name “Air Conditioned.”
Net Worth Over Time
Richard Rosenblatt’s net worth has grown significantly over the years. From his successful sale of iMALL to Excite@Home for over $500 million to his subsequent ventures in the technology and media industry, Rosenblatt has continued to accumulate wealth. Today, his net worth stands at an estimated $100 million dollars.
Components of Net Worth
Richard Rosenblatt’s net worth primarily consists of the proceeds from the sale of iMALL to Excite@Home, as well as his investments in various companies and ventures within the technology and media sectors. Additionally, his ownership of nightclubs in Southern California contributes to his overall net worth.
In conclusion, Richard Rosenblatt, an accomplished American entrepreneur and media mogul, has built a net worth of $100 million dollars through his successful ventures in the online business, technology, and media industries. From co-founding iMALL to playing a critical role in the success of Myspace.com and founding Demand Media (Leaf Group), Rosenblatt’s contributions have left a lasting impact on the digital landscape.
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