How much does Shepard Smith earn, and what is his financial standing in 2025? As a longtime news anchor with a decades-spanning career at Fox News and CNBC, he has accumulated significant wealth.
But how does his salary compare to other top journalists, and what impact did leaving Fox News have on his finances?
This article breaks down Shepard Smith net worth, salary history, and financial moves, giving you an in-depth look at his wealth.
Shepard Smith Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | David Shepard Smith Jr. |
| Popular Name | Shepard Smith |
| Birth Date | January 14, 1964 |
| Age (As of 02/25/2025) | 61 years old |
| Birthplace | Holly Springs, Mississippi, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | University of Mississippi |
| Marital Status | Divorced |
| Spouse | Virginia Donald (m. 1987–1993) |
| Children | None |
| Dating | Giovanni Graziano (since 2012) |
| Siblings | Benton Smith |
| Parents | David Shepard Smith, Sr, Dora Ellen Anderson |
| Height | 1.8 meters |
| Net Worth | $30 million (estimated in 2025) |
| Source of Wealth | Journalism, News Anchoring, Media Contracts |
What Is the Net Worth of Shepard Smith in 2025?
As of 2025, Shepard Smith net worth remains an estimated $30 million. His earnings stem primarily from his long career as a news anchor at Fox News and later at CNBC.
His highest salary at Fox News was around $15 million per year, making him one of the highest-paid news anchors during his tenure.
While his CNBC salary was never publicly disclosed, it’s likely that his earnings were substantial given his experience and reputation.
Compared to other well-known news figures like Sean Hannity and Anderson Cooper, Smith’s wealth is impressive but not the highest in the industry.
- Fox News Channel
- CNBC
- Sean Hannity
- Anderson Cooper
- Virginia Donald
- Giovanni Graziano
- Committee to Protect Journalists
- Michael Kors
- Jon Stewart
- University of Mississippi
Looking for more insights into top-earning celebrities? Check out the latest updates on the highest-paid public figures.
Shepard Smith Wealth, Salary, and Financial Overview
How Much Does He Earn from His Career?
Shepard Smith’s career earnings have been substantial, mainly due to his long-standing presence in broadcast journalism.
He spent 23 years at Fox News, where he held multiple positions, including Chief Anchor and Managing Editor of the Breaking News Division.
His earnings skyrocketed when he signed high-value contracts:
- 2007: $7–$8 million per year
- 2013: $10 million per year
- 2019: $15 million per year before leaving Fox News
His salary at CNBC remains undisclosed, but given his career trajectory, it’s safe to assume he maintained a strong financial position even after exiting Fox News.
What Was His Salary at Fox News?
At Fox News, Shepard Smith earned progressively higher salaries, reflecting his rising importance within the network.
His final salary at Fox News before his departure in 2019 was reported to be $15 million per year, making him one of the highest-paid TV anchors at the time.
His contract renewals played a key role in his growing wealth:
- First major contract in 2007: $7–$8 million annually
- Contract extension in 2010: Similar terms for another three years
- 2013 renewal: Multi-year deal at $10 million per year
- Final contract before leaving in 2019: $15 million per year
What Is His Salary After Leaving Fox News?
After leaving Fox News in 2019, Shepard Smith joined CNBC as the host of The News with Shepard Smith.
His CNBC salary has not been publicly revealed, but given his industry reputation, it’s estimated to be in the multi-million dollar range.
Unfortunately, his CNBC show was canceled in November 2022, and he officially left the network. Since then, his earnings have likely been supplemented by private ventures and investments.
How Did He Build His Wealth?
Shepard Smith’s wealth primarily comes from:
- Decades in broadcast journalism
- High-value contracts at Fox News
- A lucrative tenure at CNBC
- Real estate investments
- Private financial ventures
What Are His Real Estate Investments?
One of Shepard Smith’s notable real estate investments was a luxury condo in Greenwich Village, New York City.
- Purchased in 2004 for $1.875 million
- Listed in 2011 for $4 million but later removed
- Relisted in 2017 for $4.9 million
The Greenwich building is known for housing other celebrities, including Michael Kors and Jon Stewart.
How Does His Salary Compare to Other News Anchors?
Shepard Smith’s $15 million annual salary at Fox News placed him among the top-paid journalists. Here’s how he compares to other well-known anchors:
- Sean Hannity (Fox News) – $40 million per year
- Anderson Cooper (CNN) – $12 million per year
- Lester Holt (NBC) – $10 million per year
- Rachel Maddow (MSNBC) – $30 million per year
Although he wasn’t the highest-paid, his salary still reflected his strong industry presence and reputation.
What Was the Financial Impact of His Fox News Departure?
Leaving Fox News was a significant decision for Shepard Smith, both professionally and financially. While he continued to earn a high salary at CNBC, his long-term financial trajectory changed when his show was canceled.
However, given his past earnings and investments, his wealth has remained stable. His estimated $30 million net worth suggests that his financial decisions have been strategic and well-managed.
Conclusion
Shepard Smith’s financial success is a result of his extensive career in journalism, smart contracts, and real estate investments. While his CNBC departure raised questions about his future income, he remains a well-established figure in media.
For more insights on celebrity finances, visit andomoney.com and stay updated on the latest financial trends!
