Net Worth : $3.5 Billion Dollor
Today, we are going to discuss the net worth of American media personage, television host, and author Oprah Winfrey. At present, her net worth is $3.5 billion. However, she earns approx $315 million per year. Let’s see more about her in detail.
Oprah Early Life
Oprah Winfrey was from poor family background, however, through her hard work today she is one of the influential people in the world. She was born on January 29th, 1954, in Kosciusko, Mississippi. Do you know her name “Oprah” has a citation to the biblical figure in the Book of Ruth?
Oprah and her mother Vernita Lee lived with her grandmother in childhood. When she was 12 she was moved to live with her father Vernon in Nashville city. Due to abuse, she ran away from home. She got pregnant with a son when she was 14. The son died due to premature birth.
She received a scholarship to Tennessee State University. She dropped school to proceed with a career in media when she was 19.
Oprah Media Career
She was the first black female news reporter at WLAC-TV in Nashville. Oprah was also one of the youngest reporters in the station’s past. At 22 she was appointed by a station in Baltimore named WJZ to co-anchor the six o’clock news, a prominent position.
She started co-hosting a talking show named ‘People Are Talking’ in August 1978. By the end of her Baltimore period, she was making $220,000 per year, which is equal to around $560,000 now.
Seeing her talent, in 1984 ABC offered Oprah her very own 30-minute morning talk show in Chicago, produced by King World Productions.
The Oprah Winfrey Show & Syndication Empire
In a few months of AM Chicago’s first appearance date on January 2, 1984, she led the ratings from a stagnant end to the top talk show in Chicago, replacing Phil Donahue. The show was renamed ‘The Oprah Winfrey Show’ and increased to one hour. In the opening, the show only addressed women’s concerns but extended to include topics of health, spirituality, social issues, and charity.
Additionally, within a few months of the first appearance date, she grows skeptical of the $1 million deal. Comrade Chicago TV star Roger Ebert said Oprah to engage with his agent, Jeffrey Jacobs. Jacobs was keen to show that Oprah was dubious to ever make a single extra dollar since the show grew syndicated.
Net Worth Milestones
Year Net Worth
She became America’s first black female billionaire in 1999/2000. During this period she made $300 million every year, presenting her show as well as Dr. Phil & Rachael Ray’s shows.
Oprah is the 4th richest celebrity in the world. The only billionaire personalities who have beat her are Kanye West ($6.6 billion), Steven Spielberg (with $7.5 billion), and George Lucas (with $10 billion).
Since 2015, she has served on the Weight Watchers committee. She signed a multi-year contract with Apple in 2019 to create shows for the tech giant.
As an actress, she has been a part of several movies like ‘The Color Purple’ in 1985, ‘Beloved’ in 1998, ‘The Butler’ in 2013, and ‘Selma’ in 2014. She has also produced many TV shows, documentaries, and small series.
She was nominated for two Academy Awards for Best Supporting Actress for ‘The Color Purple and Best Picture for ‘Selma’ as producer. Till today, she has won 18 Daytime Emmy Awards, one Golden Globe, two Primetime Emmys, and a Tony Award.
It is believed that Oprah owns more than 100 acres of real estate in the United States, which is valued at over $200 million.
Chicago- She owned a 9,625-square-foot home in Chicago from 1985 until 2015, which she sold for $4.625 million.
Montecito- In 2019 she purchased the residence next door for $6.85 million which extended her Montecito track by four acres. As a result, she owns approx 67 acres in Montecito.
Wahington- She bought the 43-acre property on Orcas Island in Washington for $8.275 million in 2018 and auctioned it for $14 million in July 2021.
Colorado- She paid $14 million for a Telluride, Colorado house in 2014.
Maui- She purchased her first estate in Maui in 2002. Since then, she has paid $60 million to bring together 160+ acres in Maui. She used $32 million in one deal alone to purchase the estate next door.
She has contributed more than $400 million to philanthropy, directing educational purposes. She has given more than 400 scholarships to Atlanta’s Morehouse College.
She created Oprah’s Angel Network, a charity that supports nonprofits around the world, in 1998. More than 80 million dollars have been raised for organizations by Oprah’s Angel Network.
She established the Oprah Winfrey Leadership Academy for Girls in South Africa in 2007. She has donated $40 million to the school so far. She donated $12 million to the Smithsonian National Museum of African American History and Culture in 2013.