How much does Don Lemon earn, and what is his financial standing in 2025?
The former CNN anchor built his wealth through journalism, settlements, and other ventures.
His controversial departure from CNN came with a massive payout, but what does that mean for his long-term financial health?
Let’s explore Don Lemon’s salary, earnings, and overall wealth.
Don Lemon Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Donald Carlton Lemon |
| Popular Name | Don Lemon |
| Birth Date | March 1, 1966 |
| Age | 58 (as of 02/25/2025) |
| Birthplace | Baton Rouge, Louisiana, USA |
| Nationality | American |
| Ethnicity | Creole (African-American and French descent) |
| Education | Louisiana State University, Brooklyn College |
| Marital Status | Engaged |
| Spouse | Tim Malone |
| Children | N/A |
| Dating | Tim Malone (fiancé) |
| Siblings | Two siblings |
| Parents | Wilmon Lemon (Father), Katherine Lemon (Mother) |
| Height (meters) | 1.79 meters |
| Net Worth | 20 million |
| Source of Wealth | Journalism, Television, Real Estate, Settlements |
What is the Net Worth Of Don Lemon in 2025?
As of 2025, Don Lemon’s net worth is estimated at $20 million.
This wealth stems from his successful career in journalism, particularly his 17-year tenure at CNN, where he earned an annual salary of $7 million. After being fired in 2023, CNN paid him a $24.5 million settlement, significantly boosting his finances.
Compared to other journalists, Lemon’s wealth is substantial but not as high as figures like Anderson Cooper or Tucker Carlson. His net worth also took a hit after his failed Twitter deal with Elon Musk, which could have added additional income streams.
Related People & Companies
- CNN
- Elon Musk
- Anderson Cooper
- Tucker Carlson
- Tim Malone
- Brooklyn College
- Louisiana State University
- Emmy Awards
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Don Lemon Wealth, Salary and Financial Overview
How Much Does He Earn Per Year?
During his time at CNN, Don Lemon’s salary was $7 million per year, making him one of the highest-paid news anchors in the industry.
This figure was confirmed when CNN settled his contract for $24.5 million, covering the remaining 3.5 years of his deal.
However, since his departure, Lemon’s income sources have shifted. His short-lived Twitter deal with Elon Musk promised $1.5 million per year plus ad revenue, but it was canceled before payments began. As of 2025, his primary sources of income include real estate investments and other media ventures.
What Was His CNN Settlement?
After being fired from CNN in April 2023, Don Lemon received a $24.5 million settlement, representing the full amount he would have earned under his remaining contract. This payout significantly impacted his net worth, providing financial stability despite his sudden job loss.
His firing came amid controversies over declining ratings, on-air remarks, and alleged workplace issues. Despite this, CNN’s payout ensured he didn’t face immediate financial hardship.
What Were His Earnings from the Twitter Deal?
Shortly after his CNN exit, Lemon struck a deal with Twitter, owned by Elon Musk. The contract included:
- A $1.5 million base salary per year
- A share of ad revenue from his content
However, after an interview where Lemon questioned Musk about drug use and content moderation policies, Musk canceled the deal via text. This led Lemon to file a breach of contract lawsuit against Twitter and Musk in August 2024.
Had the deal continued, it could have provided Lemon with a lucrative new income source, but the abrupt cancellation left him financially reliant on previous earnings.
What Are His Other Income Sources?
Aside from journalism, Don Lemon has built his wealth through real estate and publishing:
Real Estate:
- Sold a Harlem condo for $1.75 million in 2020.
- Owns a Sag Harbor home in the Hamptons, purchased for $3 million (now valued at $4.5 million).
Books & Publishing:
- Authored Transparent, which details his personal experiences.
- Book royalties contribute to his earnings.
Additionally, Lemon makes money through speaking engagements and other media appearances, though these have slowed since his CNN exit.
How Has His Career Influenced His Financial Growth?
Don Lemon’s career in journalism has been the driving force behind his financial success. His major career highlights include:
- Joined CNN in 2006 and became a primetime anchor.
- Won three Emmy Awards for investigative reporting.
- Hosted Don Lemon Tonight from 2014 to 2022.
- Recognized among the 150 most influential African Americans by Ebony Magazine in 2009.
His transition from local news to national television played a key role in his salary growth, culminating in his $7 million per year CNN contract.
What Is His Financial Future After CNN?
Looking ahead, Lemon’s financial future is uncertain. His failed Twitter deal and departure from mainstream news have limited his income sources. However, potential revenue streams include:
- New Media Ventures: He could launch a podcast or join an independent news platform.
- Legal Settlement: If his lawsuit against Twitter is successful, it could result in financial compensation.
- Real Estate Investments: His Sag Harbor home, currently valued at $4.5 million, may appreciate further.
If he successfully transitions into digital media or publishing, he could maintain financial stability in the coming years.
Conclusion
Don Lemon’s financial journey has seen highs and lows, from a $7 million annual salary to a $24.5 million settlement and a failed Twitter deal. As he navigates new opportunities, his real estate investments and book royalties offer stability.
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