Welcome to RachelParris.com, where we dive into the financial lives of notable figures. Today, we explore Shepard Smith net worth and financial journey, highlighting his career achievements and financial milestones.
Contents
- 1 Quick Facts
- 2 What is the Net Worth Of Shepard Smith in 2024?
- 3 What is the Salary/Income of Shepard Smith in 2024?
- 4 Career Milestones Contributing to Wealth
- 5 Major Financial Milestones and Contracts
- 6 Additional Sources of Income
- 7 Real Estate Investments
- 8 Personal Life and Financial Implications
- 9 Contributions and Donations
- 10 FAQs about Shepard Smith
- 10.1 How much did Shepard earn annually at Fox News?
- 10.2 What is the value of Shepard’s New York City condo?
- 10.3 Who is Shepard Smith’s current partner?
- 10.4 Did he complete his education at the University of Mississippi?
- 10.5 What was Shepard’s role at CNBC?
- 10.6 Why did Shepard leave Fox News?
- 10.7 What philanthropic efforts has Shepard been involved in?
- 10.8 Is Shepard Smith married?
- 11 Conclusion
Quick Facts
FACT | DETAIL |
Real Name | David Shepard Smith Jr. |
Popular Name | Shepard Smith |
Gender | Male |
Birth Date | January 14, 1964 |
Age | 60 years old |
Parents | David Shepard Smith Sr., Dora Ellen Anderson |
Siblings | Benton Smith |
Birthplace | Holly Springs, Mississippi |
Nationality | American |
Ethnicity | Caucasian |
Education | University of Mississippi, Marshall Academy |
Marital Status | Divorced |
Sexual Orientation | Gay |
Wife/Spouse | Virginia Donald (m. 1987–1993) |
Children | N/A |
Dating | Giovanni Graziano (current) |
Net Worth | $30 million |
Source of Wealth | Journalism, Broadcasting |
Height | 5 ft 11 in (1.8 m) |
What is the Net Worth Of Shepard Smith in 2024?
Shepard Smith’s net worth in 2024 is estimated to be around $30 million. This places him among the highest earners in the journalism industry.
For comparison, Emily Compagno has a net worth of $10 million, Ainsley Earhardt holds $6 million, and Chris Wallace boasts $25 million.
Shepard’s wealth is a result of his long tenure at Fox News, lucrative contracts, and his recent roles at CNBC. His financial acumen and strategic investments, particularly in real estate, have significantly contributed to his substantial net worth.
What is the Salary/Income of Shepard Smith in 2024?
In 2024, Shepard’s salary is not publicly disclosed. However, during his tenure at Fox News, he earned an impressive $15 million per year.
Although his current earnings at CNBC remain unknown, his past contracts suggest he continues to be one of the richest broadcast journalists.
Career Milestones Contributing to Wealth
Shepard Smith‘s journey began in local television, where he honed his skills at stations like WCJB-TV in Gainesville and WJHG-TV in Panama City Beach.
His significant break came in 1996 when he joined Fox News. Covering major stories such as Princess Diana’s death and Bill Clinton’s impeachment trial, Smith quickly rose to prominence.
His role as the host of Fox Report and Shepard Smith Reporting solidified his reputation and financial status.
Major Financial Milestones and Contracts
Fox News Tenure
Shepard’s financial milestones include several high-value contracts with Fox News. In 2007, he signed a three-year contract worth $7.5 million per year.
This was renewed in 2010 and then again in 2013, with his salary rising to $10 million per year. By the time he left Fox News in 2019, he was earning $15 million per year.
Transition to CNBC
In 2020, Shepard joined CNBC, where he hosted The News with Shepard Smith. This move was both a strategic career shift and a financial milestone.
Although his exact earnings at CNBC are undisclosed, it’s clear that the role came with a substantial salary, reflecting his experience and reputation.
Additional Sources of Income
Shepard’s financial portfolio extends beyond journalism. He has appeared in films like Volcano and documentaries such as Fahrenheit 9/11 and Bombshell. These appearances, along with public speaking engagements, have supplemented his income.
Real Estate Investments
His financial portfolio includes notable real estate investments. In 2017, he listed his luxurious New York City condo for $4.9 million, a property he originally purchased for $1.875 million.
This investment highlights his keen eye for appreciating assets and plays a significant role in his overall wealth.
Personal Life and Financial Implications
Shepard’s personal life also impacts his finances. His marriage to Virginia Donald in 1987 and subsequent divorce in 1993 are notable events.
Publicly coming out as gay in 2017 and his relationship with Giovanni Graziano have influenced his public image, further contributing to his brand and financial standing.
Contributions and Donations
Shepard’s commitment to journalism and press freedom is evident through his significant donations. He contributed $500,000 to the Committee to Protect Journalists, reflecting his dedication to supporting the industry that built his career.
FAQs about Shepard Smith
How much did Shepard earn annually at Fox News?
He earned an impressive $15 million per year during his final years at Fox News.
What is the value of Shepard’s New York City condo?
He listed his New York City condo for $4.9 million in 2017, a significant appreciation from his purchase price of $1.875 million.
Who is Shepard Smith’s current partner?
He is currently in a relationship with Giovanni Graziano.
Did he complete his education at the University of Mississippi?
He studied journalism at the University of Mississippi but left two credits short of completing his degree.
What was Shepard’s role at CNBC?
At CNBC, he served as the chief general news anchor and hosted The News with Shepard Smith.
Why did Shepard leave Fox News?
Smith left Fox News in 2019 due to untenable conditions and spreading falsehoods on the network.
What philanthropic efforts has Shepard been involved in?
Smith donated $500,000 to the Committee to Protect Journalists and has spoken out about the importance of press freedom.
Is Shepard Smith married?
Smith was married to Virginia Donald but is currently in a long-term relationship with Giovanni Graziano.
Conclusion
Shepard Smith’s net worth of $30 million is a testament to his enduring influence in journalism. As he continues to shape the media landscape, his financial journey offers valuable lessons for aspiring journalists and media enthusiasts alike.