| Net Worth | $25 million |
|---|---|
| Salary | $7 million (peak annual salary at Fox) |
| Birthdate | October 12, 1947 |
| Birthplace | Chicago, Illinois |
| Gender | Male |
| Height | Unknown |
| Profession | Television anchor, author, journalist |
| Nationality | American |
What is Chris Wallace’s Net Worth?
Chris Wallace has a net worth of $25 million. He accumulated his wealth through his successful career as a television anchor, author, and journalist. His net worth is a result of his long tenure in the industry and his work with major networks like ABC and Fox News.
Highlights
– Chris Wallace’s net worth is $25 million.
– He had a peak annual salary of $7 million at Fox News.
– Wallace has worked for all four major networks during his career.
– He conducted notable interviews with personalities like Barack Obama and Vladimir Putin.
– He abruptly announced his resignation from Fox News in December 2021.
Early Life
Chris Wallace was born on October 12, 1947, in Chicago, Illinois. He is the biological son of “60 Minutes” journalist Mike Wallace, although he had very little contact with his father during his upbringing. His parents divorced when he was a year old, and he grew up with his mother Norma and her new husband, CBS News President Bill Leonard.
Wallace graduated from Harvard University, where he began his career as a broadcaster, reporting news on the campus radio station. Instead of pursuing a law degree at Yale, he focused on journalism and joined The Boston Globe. He later worked for a Chicago television station and joined NBC as a reporter in 1975. He served as a reporter for WNBC-TV in New York for 14 years and subsequently became a political correspondent for NBC News and co-anchor for “Today” in the early 80s. Later, he anchored multiple programs for ABC over a 14-year career with the network.
Career
After his successful tenure at ABC, Chris Wallace joined Fox News in 2003 and started hosting his own show, “Fox News Sunday with Chris Wallace.” He quickly established himself as one of the network’s most reputable and balanced anchors. Despite being a registered Democrat, Wallace identifies more as a Republican. He claimed to have registered as a Democrat because he believed it was the most effective way to have an impact on local D.C. elections.
During his time at Fox News, Wallace conducted numerous notable interviews, including landing Fox News’ first interview with Barack Obama in 2009 and co-moderating the Republican Party Presidential Debate in 2016. He also conducted Donald Trump’s first interview after being elected. One of his most memorable moments was a 2018 interview with Russian politician Vladimir Putin, in which he questioned him about the deaths of his political opponents, earning him an Emmy for Outstanding Live Interview.
In a surprising turn of events, Chris Wallace announced his resignation from Fox News on December 12, 2021. Reports suggest that he had been clashing with management behind the scenes regarding the views expressed by his fellow Fox anchors.
Personal Life
Chris Wallace has been married twice. His first marriage to Elizabeth Farrell in 1973 resulted in four children. Since 1997, he has been married to Lorraine Martin Smothers, whose previous husband was comedian/singer/actor Dick Smothers from the Smothers Brothers duo.
Net Worth Over Time
Chris Wallace’s net worth has grown steadily over the years, thanks to his successful career in journalism. He began his journey in broadcasting during his college years and continued to build his reputation as he moved from one network to another. His time at ABC and subsequent move to Fox News further contributed to his financial success. Although he resigned from Fox News in 2021, his net worth is likely to continue growing given his expertise and potential for future opportunities in the industry.
Components of Net Worth
– Earnings from television hosting and anchoring roles
– Income from book sales as an author
– Investments and other business ventures
– Asset accumulation, including real estate properties like his mansion in Washington D.C. and waterfront home in Annapolis, Maryland.
Overall, Chris Wallace’s net worth of $25 million showcases his accomplishments and financial prosperity during his illustrious career in the broadcasting industry.