The Truth Behind Howard Stern's $650 Million Net Worth
Entertainment personality Howard Stern is one of the most well-known names in all of the industry. Over the last couple of decades, he has worked in radio, television, movies and even print. The outspoken and outlandish, long-locked, and quick-witted fellow is currently worth an astounding six hundred and fifty million dollars, thanks to his wide-reaching entertainment endeavors. This number makes him the world's highest-paid media personality to date. To put that stat into perspective, Stern penned a five year deal with Sirius for five hundred million smack-a-roos.
You could say he is in high demand in his particular field. Stern holds another record aside from his media accomplishments, that being the most fined radio host ever. He has made his hundreds of millions by speaking his mind and bordering on utter indecency, but despite having to fork over millions in fines, it has all paid off big time.
Let's check exactly how Howard Stern rose from literally nothing to being one of the most wealthy men in Hollywood and in the world. Talk about a guy with a vision and some grit... he is the epitome of a self-made millionaire. We doubt anything will take him down.
A Start At The Morning Show On WWDC
Howard Stern knew from a very young age where his heart was at. At age five, he dreamed of someday working in radio. As a youngster, he would use a microphone and tape machine that his father bought him and pretend to be a broadcaster.
He started setting his dreams in motion by attending Boston University and earning a Communications degree as well as a radio-television operator license, essential in the field of broadcasting. From that point, he took a job at WNT in Massachusetts and then at WRNW. Over the next five years, Stern hosted radio at several stations before landing at WWDC in 1981. His success at the Washington D.C. station led to massive success. Eventually, the radio personality was offered a one million dollar contract to work afternoons at WNBC in New York. A couple of years into that gig, he received his first suspension for indecent content.
A Move To Infinity Broadcasting And Television
After his adventures in Washington ended, Howard Stern signed a five-year contract with Infinity Broadcasting for half a million dollars. While Stern's heart was in radio, he decided to throw himself into other ventures, and one of those ventures was television. In 1988, the popular personality signed on with Fox Network to host five pilot episodes of a show that would replace the late-night show.
In 1990 when he resigned with Infinity Broadcasting for a cool ten million bucks. That same year he began hosting The Howard Stern Show and released his hit home movie, grossing an additional ten million dollars.
Adventures In Penning Books And Making Films
He conquered the world by radio and television and dabbled in creating home movies, but still, Howard Stern stretched his mind, thinking of something else he could do. He decided the world needed his wise words on paper. In 1993 he teamed up with Simon & Schuster with the idea of writing a book. The autobiography, called Private Parts, gave Howard another million in the bank and ended up being adapted into a major motion picture. The book sold half a million copies in its first month. Selling the rights to the book, which went to Paramount Pictures, meant even more cash for Howard.
A second book entitled 'Miss America' was released to the public in 1995, and Stern received a three million dollar advance from ReganBooks. At this point, it seemed like everything Stern touched resulted in millions of dollars revenue. The late 1990s and early turn of the century years meant major success for Howard Stern, who continued to grow his empire in television and film. By 1999, Forbes magazine estimated Stern was earning close to twenty million dollars per year.
2004 was a substantial earning year for Stern as Sirius Broadcasting offered him five hundred million dollars for a five-year contract. That same contract was renewed in 2010. Stern had clearly established himself as the King of Media, and companies were pretty more than willing to pay up.
Whatever Howard Stern decides to do in his later years, one thing is for sure; he will not have to work to put food on his table. It's safe to say that the guy, along with his first wife, three children, and second wife, are set when it comes to finances. Man, it's good to be the Stern.
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