Matt Lauer’s Earnings: Did He Earn a Fortune?
Matt Lauer, a former host of the Today Show, was known for his high salary during his time on the show. However, his career took a significant turn when he was terminated in 2017 amidst allegations of sexual misconduct. This article explores Matt Lauer’s earnings, contract details, net worth, real estate holdings, and the financial impact of his termination.
Matt Lauer’s Earnings on the Today Show
During his tenure on the Today Show, Matt Lauer earned a substantial salary. His annual earnings were estimated to be as high as $28 million. This staggering figure highlighted Lauer’s status as one of the highest-paid hosts in the television industry.
Contract Extensions and Salary Details
In 2016, Lauer signed a two-year contract extension with NBC that set his salary at $20 million per year. This extension followed a previous agreement in 2014, where he earned the same sum. Before 2012, Lauer had an annual salary of $17 million.
It is worth noting that in 2012, Lauer’s annual paycheck increased significantly, reaching as high as $25 million per year. However, there has been some dispute between Lauer and NBC regarding the accuracy of this figure.
Matt Lauer’s Net Worth
Matt Lauer’s net worth is estimated to be approximately $80 million. This wealth stems from various sources, including his high earnings as a television host, endorsements, and investments.
Real Estate Holdings
Lauer has amassed a significant real estate portfolio, with one notable property being a 12-bedroom mansion in the Hamptons. He purchased this mansion from Richard Gere for $36.5 million. Details about his other properties are not readily available.
Financial Impact of Termination
Matt Lauer’s termination from the Today Show in 2017 due to allegations of sexual misconduct had significant financial consequences. Apart from the loss of his high income, his reputation was severely damaged. It is unclear whether there were any legal settlements or financial agreements related to the allegations.
Conclusion
In conclusion, Matt Lauer’s earnings during his time on the Today Show were substantial, with an estimated annual salary as high as $28 million. His net worth is approximately $80 million, and he owns valuable real estate properties. However, his termination in 2017 due to allegations of sexual misconduct had a profound financial impact on his career and reputation. The allegations and their effects have had far-reaching consequences for Matt Lauer’s finances and professional life.
Sources:
- “Matt Lauer Net Worth: Fired Today Show Host Made Millions” – Money.com (https://money.com/matt-lauer-net-worth/)
- “Matt Lauer Net Worth 2018 – How Much Is Matt Lauer Worth?” – Town & Country Magazine (https://www.townandcountrymag.com/society/money-and-power/a13974064/matt-lauer-net-worth/)
- “Matt Lauer Net Worth: Fired Today Show Anchor Had Huge Salary” – Fortune (https://fortune.com/2017/11/29/matt-lauer-fired-salary-net-worth/)
FAQs
How much did Matt Lauer earn during his time on the Today Show?
Matt Lauer earned a substantial salary during his tenure on the Today Show. His annual earnings were estimated to be as high as $28 million.
What was the value of Matt Lauer’s contract extension in 2016?
In 2016, Matt Lauer signed a two-year contract extension with NBC that set his salary at $20 million per year.
How much did Matt Lauer earn before 2012?
Before 2012, Matt Lauer had an annual salary of $17 million.
What was the 2012 deal that increased Matt Lauer’s annual paycheck?
In 2012, Matt Lauer’s annual paycheck increased significantly, reaching as high as $25 million per year. However, there has been some dispute between Lauer and NBC regarding the accuracy of this figure.
What is Matt Lauer’s estimated net worth?
Matt Lauer’s net worth is estimated to be approximately $80 million.
What were the sources of Matt Lauer’s wealth?
Matt Lauer’s wealth comes from various sources, including his high earnings as a television host, endorsements, and investments.
What notable real estate holdings does Matt Lauer have?
Matt Lauer owns a 12-bedroom mansion in the Hamptons, which he purchased from Richard Gere for $36.5 million. However, details about his other properties are not readily available.
What was the financial impact of Matt Lauer’s termination?
Matt Lauer’s termination from the Today Show in 2017 due to allegations of sexual misconduct had significant financial consequences. Apart from the loss of his high income, his reputation was severely damaged. It is unclear whether there were any legal settlements or financial agreements related to the allegations.