Henry Blodget Net Worth is$15 Million
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Profession: Journalist, Business Analyst, Writer, Editor
Date of Birth: 1966
Country: United States of America
Henry Blodget is an American research analyst with a net worth of $15 million. Henry Blodget gained his net worth by being the senior Internet analyst for the CIBC Oppenheimer and the head of the global Internet research team at Merrill Lynch. Blodget was born in New York. Blodget used to be a freelance journalist for Harper's Magazine before joining the corporate world of finance.
Henry Blodget (born 1966) is an American former equity research analyst, currently banned from the securities industry, who was senior Internet analyst for CIBC Oppenheimer during the dot-com bubble and the head of the global Internet research team at Merrill Lynch. Blodget is now the editor and CEO of The Business Insider, a business news and analysis site, and a host of Yahoo Daily Ticker, a finance show on Yahoo.
Blodget received a Bachelor of Arts degree from Yale University and began his career as a freelance journalist and was a proofreader for Harper's Magazine. In 1994, Blodget joined the corporate finance training program at Prudential Securities, and, two years later, moved to Oppenheimer & Co. in equity research. In October 1998, he predicted that Amazon.com's stock price would hit a pre-split price of $400 (which it did a month later, gaining 128%).
This call received significant media attention, and, two months later, he accepted a position at Merrill Lynch. In early 2000, days before the dot-com bubble burst, Blodget personally invested $700,000 in tech stocks, only to lose most of it in the years that followed. In 2001, he accepted a buyout offer from Merrill Lynch and left the firm.
In 2002, then New York State Attorney General Eliot Spitzer, published Merrill Lynch e-mails in which Blodget gave assessments about stocks which conflicted with what was publicly published. In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission. He agreed to a permanent ban from the securities industry and paid a $2 million fine plus a $2 million disgorgement.
As of 2011 he is co-founder, CEO/Editor-in-Chief of The Business Insider, a blog about Internet business trends and research. He is a frequent contributor to the magazines Slate, Newsweek and New York. He began writing for Slate in January 2004, initially covering the Martha Stewart trials. In July 2004, Blodget began writing a four-part series entitled "The W

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Henry Blodget Latest News

Insider Inc. CEO Henry Blodget moved from experimentation to the evolution of digital media

It took years of facing skepticism and relentlessly experimentation, but Insider Inc. CEO Henry Blodget ultimately took the prospect of digital media and turned it into a multimillion-dollar company.
Posted: April 12, 2019, 12:03 pm

Lunch with the FT: Henry Blodget

According to family legend, Henry Blodget’s great-grandfather was on the trans-Siberian railway when he lost his fortune in the Wall Street crash of 1929. He died not long after, during the Great ...
Posted: September 28, 2018, 6:26 am

Insider reorganizes under three divisions, two brands

“We’re simplifying and streamlining the organization,” said Henry Blodget, CEO and editor of Insider. “This has been the overall vision for the last five years, and this is another step in that ...
Posted: August 21, 2019, 9:03 pm
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