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Discover Matt Lauer net worth – the former Today Show anchor’s financial success revealed! Learn about his wealth, career, and more.
Matt Lauer became one of the maximum well-known and maximum-paid personalities on morning TV. As a co-anchor of NBC’s Today Show for many years, Lauer helped solidify the morning statistics software program application software has become the maximum-watched in the United States. However, after his surprising firing in 2017 due to allegations of sexual misconduct, Lauer’s profession and popularity took a top hit. So how lots is the disgraced former host nicely well worth nowadays? Here’s a study of Matt Lauer Net Worth and the way he built his fortune over the years.
The Rise of Matt Lauer’s Career
After getting his begin in nearby TV information, Lauer joined NBC’s Today as a news anchor in 1994. He was named a co-anchor of the display in 1997, alongside Katie Couric. The pair led the morning show to grow to be the maximum-watched morning information application for 16 consecutive years. Lauer’s popularity persevered to an upward thrust after Couric’s departure in 2006 whilst he anchored along Meredith Vieira.
Matt Lauer had developed popularity as an affable and regular presence in the often-tumultuous global of live morning TV. His correct appearance and clean allure made him a darling of morning suggests. By 2016, it was envisioned that Lauer earned around $20 million in keeping with yr from his NBC settlement.
How Matt Lauer Built His Net Worth
The bulk of Matt Lauer net worth got here from his lengthy tenure as Today show co-anchor. In addition to his huge NBC earnings, Lauer earned millions extra via beneficial endorsement deals and aspect tasks. Some highlights:
- As Today display host, Lauer changed income a pronounced $25 million consistent with the year before his firing in 2017. His NBC agreement changed into worth over $20 million yearly.
- He signed a two-year agreement extension with NBC in 2016, making sure him $20 million in step with 12 months via 2018.
- Lauer earned at least $5 million consistent with yr through numerous endorsement offers with foremost manufacturers like Toyota and Coldwell Banker.
- He hosted different indicates and specials for NBC, which included the yearly Macy’s Thanksgiving Day Parade.
- Lauer worked as a correspondent for Dateline NBC, where he earned a revenue of $1 million according to yr.
- He co-hosted NBC’s coverage of the Olympic Games, a high-profile gig.
- Lauer invested in actual estate and owned properties within the Hamptons worth over $15 million.
At the peak of his profession, enterprise professionals envisioned Matt Lauer net worth to be around $ 80 million. His high income and beneficial offers made him one of the maximum-income figures in information Media Life.
The Fall of Lauer’s Career After Sexual Misconduct Allegations
In November 2017, NBC announced that they’d fired Matt Lauer after receiving a complaint about sexual misconduct. Additional accusations surfaced after his termination, alleging that Lauer had sexually confused a couple of ladies at NBC over time.
- Major sponsors quickly distanced themselves from Lauer following the scandal. Companies like Toyota and Coldwell Banker ended their endorsement offers, costing Lauer tens of millions in lost earnings. NBC declined to pay out the rest of his agreement, believed to be around $30 million.
- Lauer retreated from public existence following the allegations. He finalized a divorce agreement along with his spouse Annette Roque in 2019, which cost him a pronounced $20 million.
- While Lauer is no longer back in a chief television position for the reason that 2017, his professional profits have allowed him to maintain a predicted net worth between $50 million and $70 million. However, his future earning potential has genuinely taken a success, because the sexual misconduct scandal made him too arguable for most important networks.
Matt Lauer Net Worth in 2023
Currently, maximum sources estimate Matt Lauer net worth to be around $50 million as of 2023. However, pinning down a precise determination is tough, as Lauer has in large part stayed out of the public eye in recent years.
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Here are some key factors concerning Matt Lauer net worth:
- After being fired from NBC, Lauer probably lost out on around $30 million that would have been owed from his settlement.
- His moneymaking endorsement deals evaporated after the sexual misconduct allegations surfaced.
- Divorce settlements and legal expenses from 2017 onwards may additionally have valued him around $25 million.
- However, Lauer keeps the actual estate portfolio he built up over his high-earning many years in TV.
- Royalties and rerun fees from his lengthy hosting tenure nevertheless provide a few profits.
Essentially, Lauer nonetheless retains the wealth he accumulated at the peak of his career, though his destiny income is critically diminished. While a much cry from his $25 million annual profits, Lauer’s present-day $50 million net worth nevertheless ensures economic protection. Discover How to Disable Instagram.
Frequently Asked Questions About Matt Lauer net worth
How tons is Matt Lauer well worth in 2023?
It is predicted that Matt Lauer has a present-day net worth of around $50 million as of 2023. At his career height, Matt Lauer net worth changed starting to be around $eighty million.
What becomes Matt Lauer net worth income on the Today display?
At the height of his profession in the mid-2010s, Lauer turned into income of around $25 million consistent with yr as co-anchor of NBC’s Today Show.
How did Matt Lauer lose cash after being fired?
Lauer misplaced around $30 million owed from the remainder of his NBC settlement. He also misplaced rewarding endorsement offers and saw considerable legal costs from divorce complaints.
How did Matt Lauer lose money after being fired?
Lauer lost around $30 million owed from the remainder of his NBC contract. He also lost lucrative endorsement deals and saw significant legal fees from divorce proceedings.
The takeaway on Matt Lauer net worth
Matt Lauer earned an immense fortune as morning television’s golden boy – before his career and reputation imploded overnight. Though Matt Lauer net worth is a fraction of its peak, Lauer remains financially secure. However, his time as America’s favorite morning show host is certainly over.