What is Jason Blum's Net Worth and Salary?
Jason Blum is an American film producer with a net worth of $200 million. He earned his fortune as the founder and CEO of Blumhouse Productions, specializing in horror movies like the "Paranormal Activity," "Insidious," and "The Purge" franchises. Blumhouse also produced acclaimed non-horror titles such as "Whiplash" and "BlacKkKlansman." Known for low-budget productions that become highly profitable, Blum's movies have grossed over $5 billion globally.
Early Life and Education
Jason Blum was born in 1969 in Los Angeles, California. His father, Irving, was the director of the Ferus Gallery, and his mother, Shirley, was an art historian and professor. Blum graduated from Vassar College in 1991, where he was roommates with future filmmaker Noah Baumbach.
Career Beginnings
Blum started his career at Ethan Hawke's Malaparte theater company, later working at Miramax and Paramount Pictures. In 1995, Blum financed his first film, "Kicking and Screaming," written and directed by his college roommate Noah Baumbach.
Blumhouse Productions – Movies
In 2000, Blum founded Blum Israel Productions, later renamed Blumhouse Productions. The company gained immense success with Oren Peli's 2007 film "Paranormal Activity," made for $15,000 and grossing over $193 million globally. Other successful horror franchises include "Insidious," "The Purge," and "Halloween." Blumhouse has also produced notable titles like "Get Out," "Mercy," "Ouija," "Sinister," "Jessabelle," "The Visit," and "M3GAN."
Blumhouse has also ventured into non-horror films, producing acclaimed titles such as Damien Chazelle's "Whiplash" and Spike Lee's "BlacKkKlansman." Other major non-horror productions include "The Fever," "Best Night Ever," "Jem and the Holograms," "Upgrade," and "Vengeance."
Blumhouse Productions – Television
Blumhouse entered television production in 2002 with the film "Hysterical Blindness." The company's TV success continued with the HBO film "The Normal Heart," winning the Emmy for Outstanding Television Movie in 2014. Other notable TV productions include "The Jinx," "Eye Candy," "South of Hell," "Hellevator," "Sharp Objects," "The Good Lord Bird," and "The Purge" series.
Other Activities
Jason Blum is a board member of the Sundance Institute, the Academy Museum of Motion Pictures, the Public Theater in New York, and Vassar College. He has donated millions to his alma mater, making the largest single gift by a male alumnus.
Personal Life
In the summer of 2012, Jason Blum married journalist Lauren Schuker.
Real Estate
Jason Blum and Lauren Schuker own around $40 million worth of real estate in Los Angeles and New York City. In May 2020, Jason paid $14.3 million for a Frank Gehry-designed home in Santa Monica. In 2019, he bought a $9.5 million home in Hancock Park, LA, and a $10 million townhouse in Brooklyn Heights. Additionally, they own a $6.5 million penthouse at The Ritz Carlton Residences in downtown LA.