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Matt Taibbi Net Worth: How Rich is the Journalist Actually?

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Matt Taibbi Net Worth

Matt Taibbi is an American author and journalist known for being one of the handpicked disseminators of Twitter Files. He is also a publisher of the newsletter, Racket News on Substack. As of 2023, Matt Taibbi net worth is estimated to be around $3 million.

Who is Matt Taibbi?

Full Name Matthew Colin Taibbi
Date of Birth March 2, 1970
Age 53 years old
Born Place New Brunswick, New Jersey
Profession Author, Journalist
Net Worth $3 million
Wife Jeanne

Matt Taibbi is an author and Twitter Files reporter from New Jersey. He started self-publishing his online writing works on Substack in 2020. Between 2022 and 2023, he released several installments of the Twitter Files. On Friday, April 7, Taibbi announced that he is leaving Twitter after Twitter’s CEO Musk restricted links to Sustack.

Matt Taibbi was born in New Brunswick, New Jersey on March 2, 1970. He was born to Mike Taibbi, who is an NBC TV reporter. Taibbi belongs of Irish descent from his mother’s side. He was still a kid when his parents parted ways. Then, he was brought by his mother.

Taibbi had trouble with academic problems and behavioral issues when he was a kid. Due to that, he was sent to Concord Academy by his parents.. Then, he attended New York University and was later transferred to Bard College after his freshman year. He completed his graduation in 1992. After that, he studied at Leningrad Polytechnic University and earned his graduation from Bard.

Matt Taibbi Net Worth & Career

At the initial phase of his career, he sold selling news articles in Tashkent, Uzbekistan. In 1992, he wrote an article for the Associated Press, that was critical of Uzbekistan leader and President, Islam Karimov. After the article was published, he was deported and became the starting left fielder for the national baseball team of Uzbekistan.

In the 1990s, he also played professional basketball in the MBA. During that time, he was paid $100/month to play and became popular as The Mongolian Rodman. In 1992, he moved to Russia and worked there for over six years.  He was working for the tabloid, Living Here, which he left in 1997.

Matt then joined the journalist, Mark Ames, and co-edited the English language bi-weekly newspaper, The eXile. Though, the newspaper’s content was highly controversial. In 2000, he published his first book, which he co-authored with Mark Ames.

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Taibbi moved back to the U. S. in 2002 and started the satirical bi-weekly newspaper, The Beast. After a year, he left the publication and continued as a freelancer for a biweekly magazine, The Nation. Taibbi started covering politics for a monthly magazine, Rolling Stone in 2004.

In 2008, he described a multinational investment bank, Goldman Sachs as a great vampire squid wrapped. He left Rolling Stone in February 2014 and joined the non-profit media organization, First Look Media. However, he returned to Rolling Stone in October.

Matt launched a political podcast titled Useful Idiots in August 2019. The podcast featured many known guests such as Liz Franczak, Cornel West, Aaron Mate, and Glenn Greenwald. In March 2021, Taibbi announced that Useful Idiots would be moving to Substack from Rolling Stone.

Taibbi became one of a handful of reports who was granted access to Twitter’s internal communication after Musk took over Twitter last year. He eventually agreed to release his reporting live through lengthy Twitter threads. Likewise, he also posted his reports on Substack.

However, after Substack introduced a new competitive feature, Notes, Twitter retaliated and barred the ability to share links in Substack posts. On Friday, April 7, he announced that he is leaving Twitter after Musk’ made the latest changes, which he found unusable for him. He also wrote a post titled The Craziest Friday Ever explaining why he decided to leave Twitter. Along with that, he also wrote that Twitter sees Substack Notes as a hostile rival.

Matt Taibbi’s Wife & Personal Life

Matt Taibbi is married to a physician, Jeanne. Together, they share three children. He often shares pictures of his three kids on his official Instagram account, @mtaibbi, where he has 21.6K followers. He shared his last Instagram post on April 20, 2022, wishing his son, Zeke a happy fifth birthday.

Matt Taibbi Net Worth

Matt Taibbi has earned an estimated net worth of $3 million as of 2023. He has amassed a hefty sum working as a journalist for over three decades. Matt is the recipient of the National Magazine Award and Izzy Award. He also won a Sidney Award for his 2009 article, The Great American Bubble Machine.

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