Howard Stern Net Worth: Owner Of Sirius Radio Show?

Howard Stern Net Worth: Owner Of Sirius Radio Show? In the United States, Howard Stern is a radio and television celebrity with a net worth of $650 million. “The Howard Stern Show,” a nationally syndicated terrestrial radio show that aired from 1986 to 2005, made him a household name. On December 16, 2005, Howard retired from “regular” radio. After thereafter, he agreed to a $500 million, five-year contract with Sirius Satellite Radio. On January 9, 2006, he launched his Sirius radio show. As a result of his success on Sirius, Howard has amassed well over $1 billion in earnings to go along with the hundreds of millions he made while working in traditional radio.

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Howard signed a five-year deal with Sirius at an estimated $120 million per year, or $600 million overall, on December 9, 2020.

The money from these contracts is utilised by Stern to cover all show production costs including the salaries of celebrities like Robin Quivers and Gary Dell-Abate, so don’t be surprised when you hear that Howard “makes” $120 million every year. According to our calculations, Robin and Gary are each worth $10 million and $4 million annually. That’s $14 million on its own. Assuming a modest $10-15 million in further costs, Howard would have approximately $90 million before taxes and agency fees. Around 10% of the total is normally taken by agents, bringing the total to about $80 million. Taxes would shave about half off Howard’s annual income, leaving him with a net worth of $40 million.

Assuming Howard keeps up his present pace of releasing three new episodes each week, or around 40 weeks a year, it amounts to about 120 shows. Howard Stern makes $333,333 each programme after all costs if he has 120 new shows a year and $40 million in net earnings. Every time he broadcasts, he’s basically driving a new Ferrari.

Howard Stern

Net Worth: $650 Million
Salary: $90 Million
Date of Birth: Jan 12, 1954 (68 years old)
Gender: Male
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

Highlights

  • Has earned over $1 billion since joining Sirius
  • Earned hundreds of millions from previous contracts
  • Earns roughly $90m/year after production costs
  • Nets roughly $333k per show after taxes and all costs
  • Owns $100 million worth of real estate
  • NYC penthouse is likely worth $50+ million
  • The NYC apartment is 5 units and spans 8,000 square-feet
  • Paid $20m for an emypty lot in the Hamptons in 2005
  • Custom built a 16,000 square-foot mansion on the lot
  • Paid $52m in 2013 for a mansion in Palm Beach, Florida

Howard Stern’s Early Life

It was in the Jackson Heights neighbourhood of Queens that New York City native Howard Allan Stern was born on the 12th day of the year in 1954. Ray, his mother, worked as a New York City office clerk. His father was a radio engineer at WHOM in Manhattan after serving in the Army during World War II. As a co-owner of Aura Recording, Inc., a Manhattan recording studio, he was also responsible for the production of advertisements and animated cartoons. Ellen is Howard’s older sibling. 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 his alma mater. Rockville Center, New York became home to Stern’s family at the age of 15. For the 1969-70 school year, he enrolled at South Side High School. In 1972, he graduated high school. Boston University accepted him in the fall.

At WTBU in his second year of college, he started working there. 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’s Early Career

It was during the morning shows at stations like WRNW in Briarcliff Manor, New York; WCCC in Hartford, Connecticut and WWDC in Washington, D.C. that Stern honed his on-air persona between 1976 and 1982 that he really began to establish himself as an entertainer.

Howard Stern’s Success

Afternoon shift reporter Success Stern worked at WNBC in New York City for eight years, from 1982 to 1985. In 1985, he began his 20-year tenure with New York City’s WXRK radio station. Syndication in 60 locations, reaching 20 million listeners, began in 1986, when his morning show first went national.

First of its kind in both New York City and Los Angeles, he has the number one show in both cities at the same time.

Howard Stern's Success
Howard Stern’s Success

Howard Stern’s Private Parts

For his biography “Private Parts,” Stern received a $1 million advance from Simon & Schuster in 1993. In October 1993, the book was released and quickly became a best-seller. This book’s first printing was sold out in just a few hours. “Private Parts” became Simon & Schuster’s fastest-selling book within five days of its debut. First on the “New York Times” bestseller list, the book remained there for 20 weeks until being moved to #2.

Howard Stern’s Real Estate

At $4.9 million, Stern purchased an Upper West Side apartment on the 54th level of the Millennium Tower in 1998. After that, he paid $5.75 million for the 1,011-square-foot unit next door. Two flats on the 53rd floor, right below his 4,011-square-foot penthouse, cost him $15.1 million in 2008. A total of 2,546 square feet of additional space was created.

An undeveloped site in Southhampton, New York was purchased by Stern for $20 million in 2005. On the site, he had a huge custom-made home built.

A Palm Beach, Florida estate with 12 bedrooms and 3.25 acres was purchased by Stern and his wife in 2013 for $52 million.

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