Sue Herera Net Worth

What is Sue Herera's Net Worth and Salary?

Sue Herera is an American broadcast journalist who has a net worth of $8 million.

best known for her decades-long career covering financial markets and global business news on CNBC. Often referred to as the "First Lady of Wall Street," Herera became one of the most recognizable and trusted voices in financial journalism during a period of enormous growth in cable business news. She was a founding anchor of CNBC in 1989 and went on to spend more than 30 years with the network, co-anchoring flagship programs such as "Power Lunch," "Business Center," and "Nightly Business Report." Known for her clear delivery, credibility, and ability to break down complex financial topics for a broad audience, Herera helped shape how television covered markets, investing, and economic trends. In addition to her daily anchoring work, she produced international documentaries on major global economies and authored the book "Women of the Street," which highlighted the experiences of women working in finance. After stepping back from full-time broadcasting in 2021, she remained with CNBC in an "Anchor at Large" role, capping a career that positioned her as one of the most influential figures in financial news.

Early Life

Sue Herera was born Susan McMahon on November 15, 1957, in Spokane, Washington. She was raised in Brentwood, California, in a middle-class household where her father worked as a shoe wholesaler and her mother was a homemaker.

She attended California State University, Northridge, where she earned a bachelor's degree in journalism in 1980. Herera has maintained a strong connection to her alma mater and was honored with the university's Distinguished Alumni Award in 2003.

Early Career and Financial News Network

Herera's career in journalism began with an internship at a CBS affiliate in Los Angeles. Shortly afterward, she landed a job at the newly launched Financial News Network in 1981, at just 20 years old.

Despite having little initial knowledge of financial markets, she quickly immersed herself in the field. She covered the futures markets, often cold-calling traders and industry insiders to learn the business from the ground up. Her persistence paid off, and within a short time she earned credibility in a field that was both highly technical and traditionally male-dominated. By the age of 21, she had already moved into an anchoring role.

Her experience at FNN laid the foundation for her expertise in financial reporting and positioned her for the next major step in her career.

Founding CNBC and Rise to Prominence

In the late 1980s, as NBC prepared to launch CNBC, Herera took the initiative to contact network leadership directly. Her bold outreach led to her being hired as one of CNBC's founding anchors when the network debuted in 1989.

Over the next three decades, she became a cornerstone of CNBC's programming. She co-anchored several of the network's most important shows, including "Power Lunch," which focused on mid-day market coverage, and "Business Center," the first nightly business newscast broadcast live from the floor of the New York Stock Exchange.

Herera's ability to deliver financial news with clarity and authority helped build CNBC's credibility during a time when business television was still evolving. She became known for her calm, steady presence during periods of market volatility and major economic events.

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Documentaries, Writing, and Global Reporting

Beyond her daily anchoring responsibilities, Herera also produced and reported on a number of international documentaries that examined the economies of countries such as China, Japan, Russia, and India. These projects allowed her to explore the broader global forces shaping markets and business trends.

In 1997, she authored the book "Women of the Street: Making It on Wall Street — The World's Toughest Business," which profiled the experiences of women working in finance and highlighted the challenges they faced in a competitive industry.

Her work in both television and publishing contributed to a broader understanding of global markets and the evolving role of women in finance.

"Nightly Business Report" and Later Career

In 2015, Herera took on a leading role as co-anchor of "Nightly Business Report," one of the longest-running business news programs in the United States. She remained with the program until its final broadcast in 2019.

After more than 30 years with CNBC, Herera stepped back from daily anchoring duties in February 2021. She transitioned into an "Anchor at Large" role, allowing her to continue contributing to the network while reducing her on-air schedule.

Her longevity and consistency made her one of the most respected figures in financial journalism.

Personal Life

Sue Herera has been married to physician Daniel Herera since 1984. The couple has three children, including twin daughters who were adopted from China and a son.

Real Estate

In the late 1990s, Daniel and Sue paid an undisclosed amount for a 1-acre property in Alpine, New Jersey. In 2000, they completed construction on a 6,000-square-foot home. This remains their primary residence. Based on nearby comparable sales, today, it is worth $4-5 million

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