Howard Stern has a net worth of $650 million as a radio and television star in the United States. From 1986 until 2005, he was most known for his radio show “The Howard Stern Show,” which was nationally syndicated on terrestrial radio. On December 16, 2005, Howard quit “regular” radio. He went on to strike a $500 million five-year agreement with Sirius Satellite Radio. On January 9, 2006, his Sirius show premiered. Howard has subsequently amassed a fortune of well over $1 billion at Sirius, in addition to the hundreds of millions he made on normal radio.
Howard signed a 5-year deal with Sirius on December 9, 2020, apparently for $120 million per year, or $600 million in total.
When you hear Howard “earn” $120 million a year, keep in mind that the money from these contracts is utilized by Stern to fund all show production costs, including the wages of celebrities such as Robin Quivers and Gary Dell-Abate. Robin and Gary are estimated to make $10 million and $4 million each year, respectively. That’s worth $14 million on its own. Howard would be left with roughly $90 million before taxes and agency fees if you conservatively predict $10-15 million in additional charges. Agents normally receive 10% of the sale price, bringing the total to about $80 million. Taxes would remove another half of Howard’s net income, leaving him with a yearly net income of $40 million.
Howard’s current schedule of three new episodes per week, for a total of 120 shows per year, comes out to around 40 weeks each year. Howard Stern earns $333,333 each program after all expenditures, based on 120 new episodes per year and $40 million in net earnings. Every time he transmits, it’s like he’s driving a spanking new Ferrari.
|Net Worth:||$650 Million|
|Born:||January 12, 1954|
|Country of Origin:||United States of America|
|Source of Wealth:||Entrepreneur|
Howard Stern Early Life:
New York City’s Howard Allan Stern was born on January 12th, 1954, in the Queens borough of Jackson Heights. Ray, his mother, worked as a New York City office secretary. His father was a radio engineer at WHOM in Manhattan after serving in the Army during World War II. Co-owner of Aura Recording Inc., a Manhattan recording studio where commercials and cartoons were recorded, he was also a member of the board of directors there. Ellen, Howard’s older sister, is also a member of the family.
Stern’s family relocated to Long Island, New York, when he was one year old. Stern’s dream of working on radio began when he was just five years old. When Stern was a kid growing up in Roosevelt, New York, his father built him a makeshift recording studio in the basement where he could record imaginary radio shows. Roosevelt Junior-Senior High School was where he went to school. Stern’s family relocated to Rockville Center, New York, when he was 15 years old. That year, he decided to attend South Side High School. In 1972, he graduated high school.
In the fall of that year, he began classes at Boston University. He began working at WTBU, the collegiate radio station, as a sophomore. In 1974, he was admitted to the School of Public Communications at Boston University. Stern received a magna cum laude degree from Boston University in May 1976.
Howard Stern began his career as a radio announcer in 1979, when he worked as a morning DJ for Radio & Records at WWWW, a commercial FM radio station. His efforts were rewarded with immediate industry acclaim when he was named Personality of the Year by Billboard.
Stern relocated to a radio station in Washington, DC, where he began planning a new show. Stern was given a one-year deal by WWDC, but he eventually chose to go with WNBC in 1982.
After meeting a nurse from the United States Air Force and a newswoman who eventually became a part of the Stern radio station in Washington, DC, Stern made substantial professional breakthroughs.
Stern joined the New York-based K-Rock in 1985, which catapulted his radio career to new heights. He broke into the larger markets a year after his debut by beginning his own show, “The Howard Stern Show.”
Stern’s program was a turning point in his career, and he followed it up with the publication of his autobiography, Private Parts, which sold over 500,000 copies in its first month.
Following the publication of his memoirs, he appeared in the films Private Parts and Ryder, P.I. He’s published a number of CDs and, in 2011, he took over as a judge on America’s Got Talent from Piers Morgan.
Since then, Stern has amassed a massive fortune and cooperated with celebrities such as Simon Cowell, Paul Giamatti, and Michael Cera, among others.
Forbes declared Stern the world’s highest-paid media figure and the sixth highest-earning person in the globe.
Howard Stern’s net worth is $650 million as of 2022.
Howard Stern Salary and Contracts:
Prior to Stern’s arrival, Sirius had 600,000 customers and was losing $226 million a year on $13 million in revenue. With 35 million paying members and $7.2 billion in sales, the combined SiriusXM service makes $1.8 billion in profit. Howard has complete unfettered free speech on Sirius, which is beyond the reach of the FCC. According to estimates, 10-15% of Sirius subscribers paid for the service just to listen to Stern.
After signing a $500 million five-year agreement with Sirius in 2004, Stern became one of the highest-paid radio personalities. Stern was paid a total of $100 million each year, including $80 million in cash and $20 million in shares. His show’s production costs, including crew pay, would be covered by the $100 million. Stern is said to have retained $50 million for himself. Stern was paid $30 million per year at Viacom before joining Sirius to broadcast on terrestrial radio.
In 2010, he signed a new five-year $500 million agreement. He renewed his 12-year contract with Sirius in December 2015. This new contract is thought to pay Stern $80 million a year, which will cover his income, his staff’s salaries, and the show’s production costs. Stern will have earned nearly $1 billion in pay (excluding production expenses) during his time at Sirius by the end of this new pact. Prior to 2005, he also made several hundred million dollars (pre-tax) from terrestrial radio.
Howard stated on December 9, 2020 that he has signed a five-year deal with Sirius that was worth $600 million. To pay all production costs, that comes to $120 million.
Stern met Alison Berns through a mutual friend when he was a student at Boston University. Their wedding took place on June 4, 1978. They lived in Brookline, Massachusetts, and they got married there. They both turned 24. Emily Beth was born in 1983, Debra Jennifer was born in 1986, and Ashley Jade was born in 1988. (1993). They broke up in October 1999. In 2001, the divorce was over peacefully.
Stern dated model Angie Everhart and actress Robin Givens for a few months after he broke up with Alison. He met Beth Ostrosky in the few months before that. Stern started dating Ostrosky, a model and TV host, in 2000. Wed on October 3, 2008, at Le Cirque restaurant in New York City. They got married on February 14, 2007.
A fine of $2.5 million from the FCC made Stern the most-penalized radio show host in history. The station owners were fined for airing content that the FCC found to be indecent.
Stern has an obsessive-compulsive disorder. In his 1995 book, “Miss America,” he talked about how he had OCD. He uses Transcendental Mediation, which his parents have used since the early 1970s, to help him deal with it.
A pescetarian is someone who doesn’t eat any meat or fish.
It’s a good thing that Stern and Ostrosky are fans of the North Shore Animal League of America. Together, the couple has cared for almost 900 cats. They have four cats of their own: Bella, Yoda, Walter, and Pebble, as well as a dog named Bella.
Stern paid $4.9 million for a 4,000-square-foot apartment on the 54th level of the Millennium Tower on Manhattan’s Upper West Side in 1998. He then paid $5.75 million for the adjacent 1,011-square-foot unit. He spent $15.1 million in 2008 for two apartments on the 53rd level, directly below his 4,011 square foot penthouse. This resulted in an additional 2,546 square feet of space.
Stern paid $20 million buying an empty site in Southhampton, New York, in 2005. On the land, he had a massive bespoke home built.
Stern and his wife paid $52 million for a 12-bedroom estate on 3.25 acres in Palm Beach, Florida in 2013.
Favorite Quotes from Howard Stern
“I’ve actually apologized to some people I was a real jerk too because I feel ashamed. I didn’t need to be that hungry. There was something going on inside me when I was angry and feeling very threatened and not feeling good about myself.” -Howard Stern
“And rather than hide that, I would rather put that out on the radio and let someone see the full range of emotions. If you’re going to be strong on the radio, you got to let it all out, even the ugly stuff. And you can’t apologize for it.” -Howard Stern