Top 10 Substack Publications by Revenue
Top 10 Substack publications by estimated annual recurring revenue
| Rank | Publication | Author | Category | Est. ARR |
|---|---|---|---|---|
| 1 | The Free Press | Bari Weiss | $16.9M | |
| 2 | The Bulwark | The Bulwark | $14.4M | |
| 3 | Letters from an American | Heather Cox Richardson | $10.1M | |
| 4 | Lenny's Newsletter | Lenny Rachitsky | $5.7M | |
| 5 | Compounding Quality | Compounding Quality | $5.7M | |
| 6 | Cassandra Unchained | Michael Burry | $5.1M | |
| 7 | The Pragmatic Engineer | Gergely Orosz | $4.6M | |
| 8 | Doomberg | Doomberg | $4.1M | |
| 9 | Chamath Palihapitiya | Chamath Palihapitiya | $4.0M | |
| 10 | Compounding Dividends | Compounding Dividends | $3.3M |
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