Deep Questions with Cal Newport

How Many Substack Millionaires Are There? (The Math Behind the Newsletter Economy) | Cal Newport

January 12, 2026|Original: 1h 23m|10 key insights|5 min read

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Key Insights

🚨 The $4M secret: How Paul Krugman escaped the New York Times to make millions on Substack

The shocking conversion rate that turns 500,000 free subscribers into a seven-figure income

Why 34 Substack writers are now earning over $1M annually - and how you could be next

+7 More Insights

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