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Net Worth Of Shepard Smith - A Comprehensive Look At The Accomplished Journalist's Financial Success

During his time at Fox News, Smith presented a number of shows, including Shepard Smith Reporting, Studio B, and Fox Report. 2019 saw Smith depart Fox News in October. The "falsehoods" and "lies" that the network's opinion shows purposefully propagate have made his tenure on Fox "untenable," he claimed in a 2021 interview with Christiane Amanpour on her own show on CNN. In this article, we delve into net worth of Shepard Smith, exploring the factors that contribute to his financial standing.

James K.
Nov 27, 20232871 Shares38285 Views
American television journalist Shepard Smith works as a chief general newsanchor for NBC News and CNBC. He also anchors The News with Shepard Smith, a daily evening newscast that debuted in late September 2020. Smith's most well-known accomplishment is his 23-year tenure as managing editor and main anchor of Fox News Channel's breaking news division, which he held from the network's founding in 1996.
During his time at Fox News, Smith presented a number of shows, including Shepard Smith Reporting, Studio B, and Fox Report. 2019 saw Smith depart Fox News in October. The "falsehoods" and "lies" that the network's opinion shows purposefully propagate have made his tenure on Fox "untenable," he claimed in a 2021 interview with Christiane Amanpour on her own show on CNN. In this article, we delve into net worth of Shepard Smith, exploring the factors that contribute to his financial standing.

Quick Info About Shepard Smith

NameShepard Smith
Date Of BirthJan 14, 1964
Place Of BirthHolly Springs
GenderMale
ProfessionBroadcaster, Journalist
NationalityUnited States of America

Early Years & Education

On January 14, 1964, Shepard Smith was born in Holly Springs, Mississippi. Shepard was raised by a family involved in the cotton trade and went to an elementary school. His mother moved to Florida after the family split up after he graduated from high school.
Smith attended the University of Mississippi to study journalism, but he also moved to Florida with his mother. Shepard left school early to begin a career as a reporter in Florida, thus he never finished his degree. His degree was only two credits away from being earned.

Journalism Career

Shepard Smith presenting the news
Shepard Smith presenting the news
Shepard Smith started out in journalism as a correspondent for a number of regional TV news outlets. Prior to moving on to another NBC station in Fort Myers, he began his career with one in Panama City Beach, Florida. Smith began hosting "A Current Affair" while employed for a Fox News affiliate in Miami.
Shepard started working for Fox shortly after the network's founding in 1996. By 1997, he was covering high-profile stories such as Princess Diana's passing. Smith rose to fame in 1998 as a result of her coverage of Bill Clinton's impeachment trial. Later in the decade, he covered the Columbine massacres as well.
Shepard became one of Fox News's principal reporters during the ensuing years, covering issues including Timothy McVeigh's execution and Hurricane Katrina's damage. Smith was one of the main players in Fox News' 2003 comeback to third place among all cable news shows in the US. This was largely because of Shepard's widespread appeal; according to a survey, he was one of the nation's most dependable news anchors, coming in second only behind Dan Rather and Peter Jennings.
Shepard assumed a far more involved role behind the scenes by 2013, and the Fox News breaking news section promoted him to managing director. In addition, he started presenting "Shepard Smith Reporting." Following the victory of Donald Trump in 2016, Smith's time at Fox appeared to take a turn for the worse.
Shepard appeared to refute allegations that Obama and Hillary Clinton were involved in a dubious transaction with a Russian mining business just after Trump's inauguration. Even though Fox viewers who supported Trump were not as fond of Smith, he nevertheless inked a new multi-year deal in 2018.
Shepard would, however, ultimately depart Fox in 2019 amid harsh criticism from both Trump and Fox viewers. He began working for CNBC in 2020 and was assigned to a new program, "The News with Shepard Smith." Smith cautioned that authoritarian nations now had the ability to silence journalists after he left Fox.
Most people assumed he was talking about the Trump administration. Shepard has made a few fleeting cameos outside of journalism, most of them as himself in the part of a news anchor. He may have been in movies such as "Volcano." Smith's archival film was also featured in documentaries such as "Bombshell" and "Fahrenheit 9/11."

Shepard Smith Controversies

Shepard Smith wearing a black suit
Shepard Smith wearing a black suit
  • Fact-Checking and Objectivity -Shepard Smith has been known for his commitment to objective reporting and fact-checking. While this dedication to truth-telling and accuracy has occasionally led to disagreements with certain narratives on Fox News, it has not resulted in significant personal controversies.
  • Departure from Fox News -One notable event in Shepard Smith's career was his departure from Fox News in October 2019. While his exit was not inherently controversial, it did spark discussions and speculations about the reasons behind his decision and potential internal dynamics at the network.
  • Professional Criticism -Like any prominent figure in the media, Shepard Smith has faced professional critiques and disagreements over the years. However, these have not escalated to the level of major public controversies.

Net Worth Of Shepard Smith

The estimated net worth of Shepard Smith is $30 million. His work as a broadcast journalist is his primary source of income. Smith's prosperous profession has allowed him to enjoy opulent lifestyles and expensive vacations in exotic cars. He is among the wealthiest and most well-known journalists in the country.

Salary Of Shepard Smith

Shepard Smith and Fox agreed to a three-year deal in 2007 that was estimated to be worth $7.5 million annually. He added three more years to this contract in 2010. In 2013, Smith extended his agreement with Fox News for an additional year, bringing his total yearly compensation to $10 million. He was supposedly making a far greater salary of $15 million annually when he left Fox News in 2019. What Shepard Smith makes in his post-Fox News employment is unknown.

Real Estate Properties

Shepard put his New York City house up for sale in 2017 for $4.9 million. The condo is housed in an opulent structure named "The Greenwich," which is obviously situated in the Greenwich Village neighborhood. There are two bedrooms and 2,341 square feet in his flat. Smith paid $1.875 million for the condo when he first bought it in 2004.
This was not the first effort to sell the flat; a year later, it was taken off the market after being posted for $4 million in 2011. Dark hardwood floors, Venetian plaster walls, and 13-foot ceilings are among the notable features. There is a history of high-profile celebritiesliving in The Greenwich, including Jon Stewart, Michael Kors, and Peter Norton.

Legacy & Impact

Shepard Smith wearing a blue suit
Shepard Smith wearing a blue suit

Legacy

Shepard Smith's legacy in the field of journalism is characterized by his dedication to delivering news with accuracy, clarity, and a commitment to journalistic integrity. He became a well-recognized face on Fox News, where he worked for over two decades. His legacy includes a reputation for being a straightforward and unbiased news anchor, even in the midst of the sometimes polarized nature of cable news.
Smith was known for his versatility, having covered a wide range of news stories, from political events to natural disasters. His ability to break down complex issues and present them in a comprehensible manner contributed to his standing as a trusted journalist. Over the years, he garnered respect not only from viewers but also from colleagues in the industry.

Impact

Shepard Smith's impact on the media landscape is evident in his influence on how news is presented on television. As a news anchor, he played a crucial role in shaping the narrative of major events, guiding viewers through the unfolding stories of the day. His commitment to journalistic principles and fact-based reporting set a standard for others in the industry.
Smith's departure from Fox News in 2019 marked a significant moment in media, drawing attention to the challenges journalists face in maintaining objectivity in a rapidly changing news environment. His decision to leave the network was widely discussed, reflecting the evolving dynamics within media organizations.
Furthermore, Smith's impact extends beyond the confines of television. As a public figure, his career serves as a testament to the enduring importance of journalism in informing the public and holding those in power accountable. His departure from Fox News also sparked discussions about the role of media organizations and the challenges journalists face in maintaining independence.

Relationships Of Shepard Smith

Virginia Donald, whom Shepard Smith met at the University of Mississippi, was his wife in 1987. 1992 saw the couple's six-year romance end in divorce. Shepard Smith disclosed in 2017 that he is gay and that he has been seeing Giovanni Grazianofor a number of years. In 2012, Graziano and Smith began dating.

Interesting Facts About Shepard Smith

Shepard Smith wearing a gray suit
Shepard Smith wearing a gray suit
  • Shepard Smith began his journalism career while in high school, working for radio stations.
  • Before Fox News, Smith gained experience as a local news anchor in Miami and Orlando.
  • His exceptional hurricane coverage, especially during Hurricane Katrina in 2005, earned widespread acclaim.
  • Shepard Smith was one of the original hires at Fox News when the network launched in 1996.
  • In 2003, he was named one of People magazine's "50 Most Beautiful People."
  • Walter Cronkite, the legendary news anchor, inspired Shepard Smith in his journalism career.
  • After Hurricane Katrina, Smith and his partner adopted a baby boy from the affected region.
  • Hosting "The Fox Report" for over a decade, Smith became a familiar face on Fox News.
  • His departure from Fox News in 2019 marked the end of a 23-year tenure with the network.
  • Shepard Smith has been involved in supporting nonprofit organizations, including the Mississippi Animal Rescue League.
  • Golf is one of Shepard Smith's favorite recreational activities.
  • He has shown an interest in aviation, covering stories related to air travel and space exploration.
  • Smith had a brief stint at the tabloid news program "A Current Affair" before joining Fox News.
  • As an openly gay individual, Shepard Smith has advocated for LGBTQ+ rights.
  • Shepard Smith has received multiple Emmy Awards for his outstanding work in journalism, showcasing his dedication and talent in the field.

Shepard Smith Net Worth - FAQS

What Is Shepard Smith's Background In Journalism?

Shepard Smith began his career in journalism at a young age, working for radio stations and later becoming a local news anchor in various markets.

Why Did Shepard Smith Leave Fox News In 2019?

Shepard Smith left Fox News in October 2019, citing a desire to pursue new opportunities and continue his career in journalism.

Is Shepard Smith Involved In Philanthropy?

Yes, Shepard Smith has been involved in supporting nonprofit organizations, including the Mississippi Animal Rescue League.

What Is Shepard Smith's Height?

He is 1.70 m tall.

Conclusion

Shepard Smith's career exemplifies the enduring value of objective journalism in a media landscape often dominated by partisan perspectives. His contributions to news reporting, particularly during his time at Fox News, have solidified his status as a respected figure in the industry. As the media landscape continues to evolve, Shepard Smith's legacy stands as a testament to the enduring importance of unbiased reporting in the pursuit of truth.
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