What Is Ron Magers Net Worth 2024: Income Sources, Real Estate, Endorsements and More

What Is Ron Magers Net Worth 2024 Income Sources, Real Estate, Endorsements and More

Ever wondered about Ron Magers net worth and how he built his financial empire? This piece dives deep into the financial world of the renowned news anchor, detailing the sources and growth of his wealth. Whether from his illustrious career in broadcasting or smart investments, we’ll uncover it all.

Quick Facts

Real NameRon Magers
Popular NameRon Magers
Birth DateAugust 27, 1944
SiblingsPaul Magers
BirthplaceSan Bernardino, California, United States
EducationHigh school in Toppenish, Washington
Marital StatusMarried
Sexual OrientationN/A
Wife/SpouseElise Magers
ChildrenTracy Magers, Tia Koso, Kendall Hewitt
Net Worth$1 million
Years active1965-2016
Source of WealthJournalism, Broadcasting
Height1.79 meters

What is the Net Worth of Ron Magers in 2024?

What is the Net Worth Of Ron Magers 2024

Ron Magers has a net worth of $1 million in 2024. This places him among respected journalists. Though not as high as the highest-paid news anchors like Anderson Cooper or Sean Hannity, it’s still impressive. Magers’ long career and numerous awards contribute to his financial success.

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Ron Magers Finance Overview

Ron Magers's Finance Overview

Early Career and Initial Earnings

Ron Magers began in radio during high school in Toppenish, Washington. He got his first professional job at KEZITV in Eugene, Oregon, in 1965.

Here, he worked as a reporter and news contributor. He then moved to KGW-TV in Portland as a producer and host of the 11 p.m. show. These roles marked the start of his financial growth in journalism.

Rise to Prominence in Major Networks

Magers joined KPIX-TV in San Francisco from 1968 to 1974. He worked as a reporter and anchor, gaining recognition. His next big move was to KSTP-TV in Minnesota.

Here, he served as the main anchor from 1974 to 1981. His growing fame in Minnesota boosted his earnings and professional standing.

Career at WMAQ-TV and Financial Growth

In 1981, Magers joined WMAQ-TV in Chicago. He co-anchored the 5, 6, and 10 p.m. newscasts. Alongside Carol Marin, he made headlines in 1997 by leaving WMAQ-TV in protest of Jerry Springer’s hiring. This decision highlighted his commitment to quality journalism, even at a financial cost.

Success at WLS-TV and Accumulation of Wealth

After leaving WMAQ-TV, Magers joined WLS-TV in 1998. He anchored the 5 p.m. newscast with Diann Burns.

In 2002, after John Drury’s retirement, he also took over the 10 p.m. newscast with Kathy Brock. His tenure at WLS-TV saw high ratings and many awards, boosting his wealth.

Awards and Honors Contributing to Net Worth

Throughout his career, Magers won many awards. These include six Chicago Emmy Awards, a Peter Lisagor Award, and a National Press Club citation.

He also received an Associated Press award, an Illinois Broadcasters Association award, the Ohio State Award, and an Ethics Award from the Society of Professional Journalists. These honors helped increase his financial status.

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Retirement and Post-Career Financial Activities

Magers retired from WLS-TV and ABC in 2016. Alan Krashesky succeeded him. Post-retirement, he remained active in various roles, including segments on The Roe Conn Show on WLS (AM). These engagements contributed to his income after retirement.

FAQs about Ron Magers

FAQs about Ron Magers

Who is Ron Magers?

He is a former American news anchor renowned for his tenure at WLS-TV, the ABC-owned-and-operated station in Chicago, Illinois. Over his distinguished career, he co-anchored the top-rated 5:00 p.m. and 10:00 p.m. broadcasts, retiring in 2016 after a career that began in 1965.

What notable TV stations did he work for during his career?

During his extensive career, he worked for several notable stations:

  • KEZI-TV in Eugene, Oregon
  • KGW-TV in Portland, Oregon
  • KPIX-TV in San Francisco, California
  • KSTP-TV in Minneapolis-Saint Paul, Minnesota
  • WMAQ-TV and WLS-TV in Chicago, Illinois

Did he win any awards for his journalism?

Yes, he won numerous awards, including:

  • Six Chicago Emmy Awards
  • Peter Lisagor Award
  • National Press Club citation
  • Associated Press award
  • Illinois Broadcasters Association award
  • Ohio State Award
  • Ethics Award from the Society of Professional Journalists

What was Magers’ role at WLS Radio?

He was a commentator on The Roe Conn Show on WLS (AM) radio. He initially joined the show in 1997 and continued with some interruptions until after his television retirement.

When did he retire from broadcasting?

He retired from broadcasting on May 25, 2016, concluding his career with a special tribute during his final newscast on WLS-TV.

How did he start his broadcasting career?

He began his broadcasting career as a high school student in Toppenish, Washington, where he hosted radio shows as a part-time job. He then transitioned to television in 1965.

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Who succeeded Ron Magers at WLS-TV?

After Magers retired, Alan Krashesky succeeded him as the anchor for the 5:00 p.m. newscast at WLS-TV, alongside Cheryl Burton and Kathy Brock for other evening slots.


In wrapping up our exploration of Ron Magers’ net worth, it’s clear that his career in media has been both lucrative and impactful. For more in-depth analyses like this, stay tuned to rachelparris.com, where finance meets clarity and insight. Thank you for reading.