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 are 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 built a career in various sectors of the financial industry.
His first job was at Goldman Sachs, working in sales and trading. After this, he launched his hedge fund named Cramer, Berkowitz & Co. He also worked on SmartMoney Magazine and TheStreet.com.
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 systems and the world economy.
Initially, she 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 appointed 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, she earned a net worth of over $25 million.
3. Shepard Smith – $25 Million
Shepard Smith is 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 decided to join 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. Because of this, his fortune grew to approximately $25 million.
4. Becky Quick – $20 Million
Co-anchor of Squawk Box and On the Money, Rebecca “Becky” Quick, is recognized for her frank discussions. She has interviewed three American presidents and numerous business magnates.
She started 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 handled the Wall Street stories 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. Because he studied biology, Joe never expected to grow up as a top-earning news anchor.
Apart from his media career, he is an efficient stockbroker and business executive. Joe Kernen focused his efforts on small-to-medium-sized business ventures.
With his 10-year experience in the financial markets, he was invited to the Financial News Network. This became his bridge to join CNBC. This is why his net worth is more than $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.
At first, 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. He is also 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. He became a full-time reporter in 1999.
He joined Squawk Box in 2011. Apart from CNBC, he has also appeared in financial programs of various networks. With all his media appearances, Andrew reaped 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. He also became a correspondent of HBO Real Sports in 2014. His accomplishments have awarded him a wealth worth $9 million.
9. Rick Santelli – $8 Million
Mostly doing work as an on-air editor, Rick Santelli is still qualified to be on the list of the most prosperous CNBC anchors as he is a regular contributor to Squawk on the Street.
He 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 CNBC as an on-air producer, broadcasting live from the Chicago Mercantile Exchange floor. This, and his current role, has given him a fortune of $8 million.
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.
He delves into stocks and areas, guiding listeners through current events and market movements both during and after trading hours. Wapner currently has a $6 million fortune.