Howard Stern Net Worth
Howard Stern Net Worth: Howard Stern is an American radio and television personality who has a net worth of $650 million. He is best known for his radio show The Howard Stern Show, which gained popularity when it was nationally syndicated on terrestrial radio from 1986 to 2005. Stern has broadcast on Sirius XM Satellite Radio since 2006.
Early Life: Howard Allan Stern was born on January 12, 1954, in the Jackson Heights area of Queens in New York City. He comes from a Jewish family. His mother Ray was an office clerk in New York City before she had kids. His father served in the Army during World War II and afterward, worked as a radio engineer at WHOM in Manhattan. He was also co-owner of Aura Recording, Inc., a recording studio in Manhattan where commercials and cartoons were made. Howard has an older sister named Ellen.
In 1955, Stern's family moved to Roosevelt, New York on Long Island. Stern attended Washington-Rose Elementary School followed by Roosevelt Junior-Senior High School as well as Hebrew School where he was given the name Tzvi. When he was young Stern took piano lessons for five years and had an interest in marionettes, using them to entertain his friends with explicit shows.
Stern wanted to be in radio from the age of five. His dad set up a microphone, tape machine, and turntable in the basement so Stern could record make-believe radio shows.
In June 1969, the family moved to nearby Rockville Centre, and Stern, at age 15, transferred to South Side High School. He graduated from the school in 1972. In 1972, he enrolled at Boston University. In his second year, he started work at the campus radio station WTBU, where he played records, read the news, and hosted interview programs. He later co-hosted a weekly comedy show with three fellow students named The King Schmaltz Bagel Hour which was initially canceled during its first broadcast for a racial sketch named "Godzilla Goes to Harlem." In 1974, he gained admission to the university's School of Public Communications. He then studied for a diploma at the Radio Engineering Institute of Electronics in Fredericksburg, Virginia in July 1975 which earned him a first-class radio-telephone operator license, a required certificate for all radio broadcasters at the time which was issued by the FCC. With the license, Stern landed his first professional radio job at WNTN in Newton, Massachusetts from August to December 1975 doing air shifts, newscasting, and production work. In May 1976, Stern graduated magna cum laude with a 3.8 GPA. His major was broadcasting and film and his minor English and speech.
Career: From 1976 to 1982 Stern developed his on-air personality at morning positions at WRNW in Briarcliff Manor, New York, WCCC in Hartford, Connecticut, WWWW in Detroit, Michigan, and WWDC in Washington D.C. Stern worked afternoons at WNBC in New York City from 1982 until he was fired in 1985. In 1985, he began his 20-year run at WXRK in New York City. In 1986, his morning show went into syndication and aired in 60 markets, attracting 20 million listeners. He is the first person to have the number one show in New York City and Los Angeles simultaneously. Howard Stern's outspoken style earned him repeated fines by the FCC for indecency between 1986 to 2005. He became the most fined radio host when the FCC issued fines totaling $2.5 million to station owners for content it deemed indecent.
Howard Stern Salary: Stern became one of the highest-paid radio figures after signing a five-year deal with Sirius in 2004 worth $500 million. The deal essentially paid Stern $100 million per year, $80 million in cash and $20 million in stock. That $100 million would also cover his show's production costs, including staff salaries. It's estimated that Stern kept $50 million for himself. Immediately prior to joining Sirius, Stern was making $30 million per year at Viacom to broadcast on terrestrial radio.
He re-upped in 2010 with another five-year $500 million deal. In December 2015 he signed a new 12-year deal with Sirius. This latest deal is believed to pay Stern $80 million per year that covers a salary for himself, salaries for his staff and production costs for the show. By the time this latest deal is up, Stern will have personally earned over $1 billion (excluding production costs) in salary during his time at Sirius. He also earned several hundred million dollars (pre-tax) from terrestrial radio prior to 2005.
Before Stern joined Sirius, the satellite platform had 60,000 subscribers and was losing $226 million per year on revenues of $13 million. Today the combined SiriusXM service has 25 million paying subscribers and generates $1.8 billion in profits on $7.2 billion in revenue. On Sirius, Howard enjoys total uncensored free speech, outside of the FCC's grasp. According to analysts, 10% of Sirius customers subscribed to the service exclusively to listen to Stern.
Stern has described himself as the "King of All Media" since 1992 for his successes outside radio.
Television Career: In 2011, Stern announced he would be the replacement for Piers Morgan as a judge on America's Got Talent for its seventh season. He continued as a judge on the show for the eighth, ninth, and 10th seasons. Stern left at the end of the 10th season in September 2015.
Writing Career: Stern signed a $1 million advance contract with Simon & Schuster in 1993 to publish his first biographical book, Private Parts, which was released on October 7, 1993. The book's first printing sold 225,000 copies within hours of going on sale, becoming the fastest-selling title in Schuster's history. A film adaptation of the biographical Private Parts, with Howard Stern playing himself in the title role, was released on March 7, 1997, and topped the box office in its opening weekend with a gross of $14.6 million. Private Parts sold a total of $41.2 million in movie tickets.
Stern also wrote Miss America in 1995 and Howard Stern Comes Again in 2019.
Personal Life: Stern met Alison Berns thought a mutual friend while he was a student at Boston University. They married on June 4, 1978, in Brookline, Massachusetts. They were both 24. They have three daughters: Emily Beth (1983), Debra Jennifer (1986), and Ashley Jade (1993). They separated in October 1999. The divorce ended amicably in 2001.
Stern dated model Angie Everhart and actress Robin Givens in the handful of months between his separation from Alison and meeting Beth Ostrosky. Stern started dating model and television host Ostrosky in 2000. They got engaged on February 14, 2007, and married on October 3, 2008, at Le Cirque restaurant in New York City.
Stern suffers from obsessive-compulsive disorder. He revealed his battle with OCD in his 1995 book Miss America. He uses Transcendental Mediation, something his parents have been using since the early 1970s, to manage it.
Stern and Ostrosky are supporters of the North Shore Animal League of America. Together, the couple has fostered nearly 900 cats. They have four cats of their own: Bella, Yoda, Walter, and Pebble.
Salary Highlights: Stern continues to work for Sirius and is currently the highest-paid radio figure in the United States. He also earned $15 million per year when he was a judge on the NBC reality show America's Got Talent. In December 2015, Howard signed a new 5-year deal with Sirius for $90 million per year, up from his previous $80 million per year. Between June 2017 and June 2018, Howard Stern earned $90 million from his various endeavors. Between June 2018 and June 2019 he earned another $90 million.
Real Estate: In 1998, Stern bought a 4,000-square-foot apartment on the 54th floor of the Millennium Tower on the Upper West Side of Manhattan for $4.9 million. Next, he bought the adjoining 1,011-square-foot unit for $5.75 million. In 2008, he paid $15.1 million for two apartments on the 53rd floor located just below the 4,011 square foot penthouse he owns. This added another 2,546 square feet of space.
In 2005, Stern paid $20M for an empty lot in Southhampton, New York. He had an enormous custom mansion built on the property.
In 2013, Stern and his wife bought a 12-bedroom mansion on 3.25 acres in Palm Beach, Florida for $52 million.
|Net Worth:||$650 Million|
|Date of Birth:||Jan 12, 1954 (66 years old)|
|Height:||6 ft 5 in (1.96 m)|
|Profession:||Radio personality, Talk show host, Politician, Shock jock, TV Personality, Author, Actor, Presenter, Disc jockey, Photographer|
|Nationality:||United States of America|