The Truth About Matt Lauer’s Massive Net Worth Revealed
Matt Lauer is a renowned American journalist and former NBC News anchor. He has become a household name due to his successful career and the controversies that surrounded him in late 2017. One of the most significant aspects of his career that has always generated curiosity is his net worth. In this blog post, we delve into the truth about Matt Lauer’s massive net worth, revealing all the details you need to know.
Early Life and Career
Born on December 30, 1957, in New York City, Matt Lauer comes from a wealthy family. He graduated from Ohio University with a degree in Communications and moved on to work as a producer at WOWK-Tv in Huntington, West Virginia. Later, he joined NBC News as a writer and producer.
Rise to Fame and Accomplishments
Matt Lauer’s rise to fame was due to his hosting of the popular morning show “Today Show,” which he joined in 1994. He spent 25 years with the network, co-anchoring the show with Katie Couric, Meredith Vieira, Ann Curry, and Savannah Guthrie. During his tenure, he interviewed several world leaders, including Vladimir Putin, George W. Bush, and various celebrities and athletes.
Net Worth Breakdown
Matt Lauer’s net worth is estimated to be around $80 million. According to reports, he made an annual salary of $25 million during his time on the “Today Show.” He also received a $20 million payout from NBC in 2017 and sold his lavish Hamptons estate for $33.5 million. He also has a significant art collection, cars, and investments.
Controversies
Matt Lauer was fired from NBC News in November 2017, following allegations of inappropriate sexual behavior. Several women accused him of sexual harassment and assault. The controversy led to long-term damage to his reputation.
Legal Battles
Following the allegations, Matt Lauer and his team have been embroiled in legal battles. In 2019, he reportedly reached a multimillion-dollar settlement with a former NBC News employee who accused him of rape.
Impact on His Net Worth
The controversies and allegations negatively affected Matt Lauer’s reputation and career prospects. Following his disgrace from NBC News, his income streams have significantly reduced, including his lucrative gig as a news anchor. It is still unclear how the legal battles will impact his net worth in the future.
Philanthropy and Investments
Matt Lauer maintains a low profile, and not much is known about his investments and philanthropy. However, he has been involved in several charitable causes, including raising awareness about literacy.
Conclusion
In conclusion, Matt Lauer’s net worth is significant, thanks to his successful career as a journalist and anchor. However, his reputation took a significant hit following the allegations of sexual misconduct. How his net worth will be impacted in the future remains unclear, but it is safe to say that his career will never be the same again.
Frequently Asked Questions
1. How much money did Matt Lauer get paid as a news anchor on the ‘Today Show’ annually?
Matt Lauer earned an annual salary of $25 million while hosting ‘Today Show.’
2. How much money did Matt Lauer receive as payout from NBC in 2017?
Matt Lauer received a whopping $20 million payout from NBC in 2017.
3. What is the estimated net worth of Matt Lauer?
Matt Lauer’s estimated net worth is $80 million.
4. What were the allegations against Matt Lauer?
Matt Lauer was accused of inappropriate sexual behavior by several women, including sexual harassment and rape.
5. What is the status of Matt Lauer’s legal battles?
Matt Lauer has reportedly reached a multimillion-dollar settlement with one of his previous accusers. His other legal battles are ongoing, and the impact on his net worth remains unclear.