CNBC is a financial news channel that has been around since 1989. It has become one of the most successful and well-known news channels in the United States, and its viewership continues to grow. Along with it the salaries of CNBC’s anchors. Here are the richest presenters on the television network.
Top 10 Wealthiest CNBC Anchors:
1. Jim Cramer – $100 Million
Jim Cramer is known for his appearances on CNBC’s Mad Money and Squawk on the Street. Before this, he had a respectable career in the financial industry.
Cramer’s first job was at Goldman Sachs, working in sales and trading. After this, he launched a hedge fund named Cramer, Berkowitz & Co. He was also an editor for SmartMoney Magazine and launched TheStreet.com in 1996, a financial news website.
He anchored his first CNBC show, Kudlow & Cramer, with Larry Kudlow in 2002. Now, with his current programs, he has a net worth of $100 million, making Jim Cramer the highest-paid CNBC anchor.
2. Sara Eisen – $25 Million
On CNBC, Sara Eisen is the financial news anchor of Closing Bell. She’s well-known for her insightful interviews and extensive knowledge of financial markets and the global economy.
Initially, Eisen was employed by another business and finance news outlet Bloomberg. She began her career as a Bloomberg Radio host before becoming the co-anchor of Bloomberg Surveillance.
CNBC hired her to co-host the show Squawk on the Street Worldwide Exchange in 2013. She, along with co-anchor Wilfred Frost, hosted Closing Bell starting in 2018. With this, Eisen earned a net worth of over $25 million.
3. Shepard Smith – $25 Million
Shepard Smith was the chief general news anchor and presenter of the weekday evening program The News with Shepard Smith. Before this, he was known for his roles on Fox News.
Smith joined the Fox News Channel in 1996 after serving as a reporter for Fox affiliate station News Edge. His first show, The Fox Report with Shepard Smith, became a top three news program in the US.
In 2019, he announced that he would leave Fox News on Shepard Smith Reporting. The following year, he joined CNBC. Shepard’s fortune grew to $25 million thanks to a long career in financial media.
4. Becky Quick – $20 Million
Co-anchor of Squawk Box and On the Money, Rebecca “Becky” Quick, is recognized for her honest discussions. She has interviewed three American presidents and various high-profile investors.
Becky began her journalism career as editor-in-chief of Rutgers University’s official student newspaper, The Daily Targum. Then, Quick helped launch The Wall Street Journal’s website in 1996.
Quick covered Wall Street news for CNBC before becoming an anchor as part of the channel’s collaboration with Dow Jones. Her $20 million wealth continues to grow with her reputation.
5. Joe Kernen – $16 Million
Joe Kernen is another co-anchor of CNBC’s renowned morning show Squawk Box. Joe never expected to become a high-earning news anchor as he studied biology at college.
Apart from his media career, Kernen is an experienced stockbroker and business executive. Joe Kernen focused his efforts on small-to-medium-sized businesses.
With his 10 years of experience in financial markets, he was invited to the Financial News Network. This became his bridge to join CNBC. This is why Joe Kernen’s net worth is over $16 million.
6. David Faber – $16 Million
Nicknamed The Brain, Squawk on the Street co-anchor David Faber is a best-selling author and award-winning journalist. He has co-produced some of CNBC’s most critically acclaimed documentaries.
Initially, he worked on the monthly newsletter, Institutional Investor. After seven years, he decided to join CNBC. There, he was given the platform to deliver investigative reports.
One of his most successful projects is The Age of Walmart. It earned him a couple of awards, and Faber became an exemplary personality on CNBC. Apart from recognition, it helped him obtain a fortune of $16 million.
7. Andrew Ross Sorkin – $10 Million
Andrew Ross Sorkin is a co-anchor of Squawk Box. Apart from his stint in CNBC, he is a New York Times columnist and the founder of the publication’s daily financial report, DealBook.
Sorkin started journalism at a young age. During his final year of high school, he worked as a student intern at The New York Times and became a full-time reporter in 1999.
He joined Squawk Box in 2011. Outside of CNBC, he has appeared in financial shows on various networks. With all of his media appearances, Andrew earned a net worth of $10 million.
8. Carl Quintanilla – $9 Million
Carl Quintanilla is a co-anchor of Squawk on the Street and an anchor of TechCheck. The established journalist also worked on CNBC’s Squawk Alley and Squawk Box in the past.
Quintanilla worked as a staff correspondent at The Wall Street Journal from 1994 to 1999. After that, he decided to join NBCUniversal to appear on both NBC and CNBC.
In 2005, he became an award-winning reporter by covering Hurricane Katrina and became a correspondent of HBO Real Sports in 2014. His accomplishments have awarded him a $9 million net worth.
9. Rick Santelli – $8 Million
Mostly working as an on-air editor, Rick Santelli is still qualified to be on the list of the richest CNBC anchors because he is a regular contributor to Squawk on the Street.
Santelli began his career as a commodity trader in 1979 at the Chicago Mercantile Exchange and the Chicago Board of Trade. Then, he was hired as an order filler at Drexel Burnham Lambert.
In June 1999, Santelli started with CNBC as an on-air producer, broadcasting live from the Chicago Mercantile Exchange floor. This, and his current role, has given him an $8 million fortune.
10. Scott Wapner – $6 Million
Lastly, there is Scott Wapner, the host of Closing Bell: Overtime and Fast Money Halftime Report. He is noted for interviewing some of the most powerful investors in the world such as Bill Ackman and Carl Icahn.
Initially, he was a correspondent at KDFW-TV. At CNBC, Scott Wapner has covered the New York Stock Exchange and the NASDAQ MarketSite in real-time.
Wapner delves into stocks, guiding listeners through current events and latest market movements both during and after trading hours. Wapner currently has a $6 million fortune.