Jason Blum Net Worth: How Much Money Does He Have at the Moment?
Jason Ferus Blum, An American producer of movies and television is, Blumhouse Productions, which produced the horror series Paranormal Activity (2007–2015), Insidious (2010–2018), and The Purge, was founded by him and serves as its CEO (2013–2021). Blum also produced the films The Black Phone (2020), The Invisible Man (2020), Freaky (2020), Hush (2016), Split (2016), Ouija: Origin of Evil (2016), Get Out (2017), Happy Death Day (2017), Upgrade (2018), and Ouija: Origin of Evil (2021).
Blum was nominated for an Academy Award for Best Picture for directing BlacKkKlansman (2017), Get Out (2017), and Whiplash (2014). (2018).
He produced the drama movie The Normal Heart, for which he won a Primetime Emmy Award for Outstanding Television Movie (2014). Additionally, for the documentary miniseries The Jinx, he received a Primetime Emmy Award for Outstanding Documentary or Nonfiction Series (2015).
Early Life
Blum, the son of Shirley Neilsen Blum (née Neilsen) and Irving Blum, was born in Los Angeles, California. His father was a self-employed art dealer and the proprietor of the Ferus Gallery, while his mother was a professor of art. Blum has Jewish ancestry.
In 1991, he earned his degree from Vassar College.
He shared a room with Noah Baumbach, another aspiring director, while they were both students at Vassar. In 1995, Blum produced Kicking and Screaming, Baumbach’s debut feature.
Jason Blum’s net worth
Jason Blum is an American film producer with a net worth of $200 million. His salary is unknown. He is the company’s creator and CEO and is renowned for creating scary movies. The Purge, Insidious, and Paranormal Activity are just a few examples of the low-budget series movies Blumhouse is renowned for creating.
For instance, the first “Insidious” made $100 million on a $1.5 million budget. His typical film budget is $6 million. His worldwide box office takes an average of $60 million. Over $4.6 billion has been made by his films globally.
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Real estate
Jason and his wife Lauren A.E. Schuker are the owners of almost $40 million worth of properties in New York City and Los Angeles. The following is a list of their known property holdings:
Jason paid $14.3 million in May 2020 for a Santa Monica, California, house built by Frank Gehry. The previous owner purchased the home next door for $2.2 million in 2009 after purchasing the land for $4.55 million in 2005, resulting in an amazing 1-acre lot.
In 2019 Jason spent $10 million on a townhouse in Brooklyn Heights and $9.5 million on a residence in the Hancock Park district of Los Angeles.
In downtown Los Angeles, he also has a $6.5 million penthouse apartment at The Ritz Carlton Residences.
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Career
Blum worked as an executive at Miramax for Bob and Harvey Weinstein and later as a freelance producer for Paramount Pictures. Blum worked as a producing director for Ethan Hawke’s Malaparte theatre company before joining Miramax. Blum graduated from Vassar College in 1991. He serves on the Academy Museum of Motion Pictures’ board of trustees.
After getting a letter from a family friend and performer Steve Martin endorsing the script, he was able to secure funding for his debut movie as a producer, Kicking and Screaming (1995). Blum sent copies of the script to Hollywood producers along with the letter.
Blumhouse Productions
He established Blumhouse Productions in 2000, a company that specializes in making low-budget films while giving their directors complete creative control. According to Bloomberg News, Blum creates “blockbusters for pennies,” such as the horror movie Paranormal Activity, which cost $15,000 to produce but brought in over $200 million. Additionally, a special podcast exposing the company’s practices was produced by NPR’s Planet Money.
The Purge (2013), Happy Death Day (2017), Insidious (2010), Sinister (2012), and their follow-ups were all produced by Blum. He worked as an executive producer on the television movie The Normal Heart in 2014, which later won the Primetime Emmy for Outstanding Television Movie. He received an Emmy Award in 2015 for HBO’s The Jinx for Outstanding Documentary or Nonfiction Series.
BlacKkKlansman, Whiplash, and Get Out, three of Blum’s feature films, were all nominated for the Academy Award for Best Picture.
In an interview in 2018, Blum claimed that the absence of a female director for one of his horror movies was due to the fact that “there are not many female directors (…) and even fewer that are motivated to do horror.”
After receiving a lot of backlash on social media, where lists of these directors were shared, he issued an apology for what he called his “stupid words.” The studio’s 2019 horror remake Black Christmas, which debuted on December 13 and was the year’s first theatrical release by a female filmmaker, was directed and co-written by Sophia Takal.
Personal Life
Since 2019, Jason Blum and his family have made Brooklyn Heights their home. The movie producer wed Lauren, a Times reporter at the time, in 2012. Three children were born to the couple.
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