Jason Blum Net Worth

An estimated $200 million is the fortune of Jason Blum, an American film producer. In addition to Blumhouse Productions, he is the creator and CEO of the company, which is best known for creating horror films. The Purge, Insidious, and Paranormal Activity are just a few examples of Blumhouse’s successful low-budget franchises. On a budget of barely $1.5 million, the original “Insidious” made $100 million. His movies typically cost around $6 million to produce. $60 million is his global box office average. More than $4.6 billion has been earned worldwide by his films.

Net Worth: $200 Million
Date of Birth: 1969
Gender: Male
Profession: Film Producer, Businessperson, Television producer
Nationality: United States of America

Early Life

Jason Blum Net Worth

Shirley Neilsen Blum (née Neilsen) and Irving Blum were the parents of Blum, who was born in Los Angeles. His father was an independent art dealer and director of the Ferus Gallery, while his mother was a professor of art. Blum has Jewish ancestry.

Vassar College, where he earned his bachelor’s degree in 1991. During his time at Vassar, Blum shared a dorm room with future filmmaker Noah Baumbach, with whom he made his debut picture as a producer in 1995, Kicking and Screaming.

Career

Blum was a Miramax executive and later a Paramount independent producer under Bob and Harvey Weinstein. Previously, Blum worked as a producer at Malaparte Theater Company, which was founded by actor Ethan Hawke. He attended Vassar College and graduated in 1991. He serves on the Academy Museum of Motion Picture Arts and Sciences’ board of trustees.

 

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An endorsement letter from one of his relatives, the comedian Steve Martin, helped secure funding for his first film as a producer, Kicking and Screaming (1995).

The citation for this statement is not available. Blum sent the letter along with the script when he sent it to studio heads.

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Blumhouse Productions

For the first time in 2000, he launched Blumhouse Productions, which produces low-budget films that allow filmmakers complete creative control.

Blum was lauded by Bloomberg News for generating “blockbusters for pennies,” notably the horror picture Paranormal Activity, which cost $15,000 to develop but made approximately $200 million in box office receipts. An NPR special audio about the company’s methods was also produced by Planet Money.

Jason Blum Net Worth

Apart from Happy Death Day (2017), Blum has made Insidious (2010) and Sinister (2012). He also directed and produced The Purge (2013) and Insidious: Chapter Three (2017). For the television film The Normal Heart, he worked as executive producer, which won the Primetime Emmy Award for Outstanding Television Movie in 2014. HBO’s The Jinx, which he directed, was nominated for an Emmy Award in 2015 for Outstanding Documentary or Nonfiction Series. The citation for this statement is not available.

Get Out, BlacKkKlansman and Whiplash were all nominated for Best Picture at the Oscars.

As Blum explained in an interview in 2018, “there are not many female directors and even fewer who are motivated to do horror” was the reason no woman has ever directed one of his horror films. In response to widespread criticism on social media, he issued an apology for what he called his “stupid words” and a list of such directors. On December 13, 2019, Sophia Takal directed and co-wrote the studio’s first theatrically released picture as a female director, Black Christmas, a horror remake.

Other ventures

Blum was one of a group of high-profile investors who purchased W magazine, a failing fashion magazine, on August 14, 2020, according to Daily Front Row.

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Personal Life

 

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Filmmaker Jason Blum tied the knot with Los Angeles Times reporter Lauren A.E. Schuker in a lavish ceremony on July 14, 2012.

In July of this year, he paid $9.8 million for a townhouse in Brooklyn Heights.

Real Estate

Around $40 million in Los Angeles and New York City real estate is owned by Jason and his wife Lauren A.E. Schuker. The following is a list of the properties that they are known to own:

A Frank Gehry-designed Santa Monica mansion will cost Jason $14.3 million when he closes on the deal in May 2020. An extraordinary 1-acre property was created by purchasing a neighboring home for $2.2 million in 2009 and combining the two properties together for $4.55 million.

A Hancock Park home in Los Angeles sold for $9.5 million in 2019, while a townhouse in Brooklyn Heights sold for $10 million.

At the Ritz-Carlton Residences in downtown Los Angeles, he also has a $6.5 million penthouse.

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