Shepard Smith Net Worth: How Rich is TV News Anchor?

Shepard Smith is a prominent American newscaster who oversees the Fox News Channel’s breaking news coverage as its top news anchor. He became interested in broadcast journalism when he was only thirteen, and he quickly became famous for his rapid-fire and somewhat caustic delivery of the news.

He enrolled at the University of Mississippi but dropped out before completing his journalism degree, starting his professional life at WCJB-TV in Gainesville at the tender age of twenty-one.

After stints in Fort Myers, Miami, Orlando, and Los Angeles, he settled in New York and became a general assignment reporter and senior correspondent for Fox News Channel out of their New York City bureau. He has been with the company for so long that by the time he was 38, a TV Guide reader poll had named him one of the most trusted news anchors on either network or cable news.

Shepard Smith Net Worth

Starting With Shepard Smith’s Career

Shepard Smith got his start in the media covering community events as a correspondent for several different regional TV news networks. Beginning at the NBC affiliate in Panama City Beach, Florida, he later moved on to the NBC affiliate in Fort Myers. Smith launched a show titled “A Current Affair” for the Miami branch of Fox News.

It was in 1996, not long after Fox had launched when Shepard began working for the company. By 1997, he was covering major news events including Princess Diana’s passing. Smith became a household name in 1998 thanks to his coverage of Bill Clinton’s impeachment trial.

The Columbine High School massacre occurred toward the end of the decade, and he wrote about it. Shepard became one of Fox News’ most prominent reporters during the next few years, covering events like the death penalty for Timothy McVeigh and the destruction caused by Hurricane Katrina.

Smith was a major reason why Fox News moved up to third place among U.S. television news outlets in 2003. A survey showed that Shepard was one of the most trusted news anchors in the country, thus his fame likely played a role (tied for second place with Dan Rather and Peter Jennings).

After playing a more hands-on role in the background, Shepard was elevated to managing director of the breaking news section at Fox News in 2013. As of this year, he has also been hosting “Shepard Smith Reporting.”

After Trump‘s election in 2016, things began to go downhill for Smith at Fox. Shepard appeared to refute claims that Hillary Clinton and Barack Obama were involved in a dodgy deal with a Russian mining business shortly after Trump’s inauguration.

What is the Net Worth of Shepard Smith in 2022?

Shepard Smith is an American television news anchor who has a net worth of $25 million and earns an estimated $1 million a year in salary. Smith has been with Fox News since its inception in 1996. He will remain there till 2019.

Through the course of those 23 years, Shepard established himself as a household name for viewers of the channel and of cable news in general. He was the host of Fox’s “Fox Report,” “Studio B,” and “Shepard Smith Reporting” during his time there.

Many people were surprised by Smith’s departure from Fox News, as he had become one of the network’s most recognizable faces in recent years. When he left the network, he went to work for NBC and CNBC. He took over “The News with Shepard Smith” in 2020. He is now CNBC’s primary general news anchor.

Salary

Shepard Smith signed a three-year deal with Fox in 2007 for an estimated $7.5 million annually. He signed a three-year extension to this contract in 2010. Smith re-signed with Fox News in 2013 for an extended period of time and an annual salary of $10 million.

After leaving Fox News in 2019, he apparently began making $15 million annually. Shepard Smith’s salary since leaving Fox News is a mystery.

Real Estate

Shepard put up his New York City mansion for sale in 2017 for $4.9 million. Greenwich Village, where the condo is located, is known for its high-end residential buildings, such as “The Greenwich,” where the condo is housed.

His two-bedroom residence is 2,341 square feet in size. Smith paid $1.87 million when he first bought the condo in 2004. Although this was the first time the flat had been put up for sale, it had previously been marketed for $4 million in 2011 before being taken off the market.

The Venetian plaster walls, 13-foot ceilings, and dark hardwood floors are some of the notable features. Peter Norton, Michael Kors, and Jon Stewart are just a few of the famous people that have formerly called The Greenwich home.

Early Life of Shepard Smith

On January 14, 1964, in the small Mississippi town of Holly Springs, Shepard Smith entered the world. Shepard was born into a family with ties to the cotton industry, thus his upbringing included years at a prestigious boarding school. When he was a senior in high school, his mother left him and moved to Florida.

Smith moved to Florida with his mom, but he also attended college in Mississippi to get a journalism degree. Shepard dropped out of college to pursue a career in journalism in Florida, and he never finished his degree. He needed only two more credits and he would have graduated.

Personal Life Of Shepard Smith

Shepard Smith met his future wife, Virginia Donald while attending Ole Miss, and the two were married in 1987. They were married for six years before finally splitting up in 1993. Shepard Smith came out as gay in 2017, revealing that his longtime lover, Giovanni Graziano, is also gay. In 2012, Graziano and Smith began their relationship.

Final Lines

David Shepard Smith Jr. (born January 14, 1964) is a primary general news anchor and host of The News with Shepard Smith on NBC News and CNBC. The program will premiere in the late fall of 2020. Maintain Your Current Awareness by Reading the Most Recent News on Our Website leedaily.com.

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