Larry King's Net Worth: How Much Money Does The Famous Newscaster Have?
Iconic TV host Larry King is worth millions. According to Celebrity Net Worth, King's net worth is $50 million, while another celebrity wealth source states the host is worth as much as $170 million. The talk show legend probably needs every penny since he has been married eight times and divorced nearly as many.
Getting divorced is a financially draining life event, according to a divorce resource. According to Your Divorce Questions, personal finances take a big hit upon divorce: "Divorcing individuals need a more than 30 percent increase in income, on average, to maintain the same standard of living they had prior to their divorce."
The longtime host of Larry King Live continues to work even though he is in his late 80s, and it is easy to assume King's divorces played a role in his continued employment. In December 2020, a court ruled that King needed to pay his estranged wife, Shawn Southwick King, a monthly payment of $33,000 to maintain her lifestyle. Ouch! That payment is just for one of King's wives. Keep reading to learn more about King's net worth.
Larry King's divorces may have affected his net worth
Larry King enjoyed a long and successful career hosting radio and television talk shows. Larry King Live aired from 1985 to 2010 on CNN, and the iconic host has also written columns for USA Today and starred in TV commercials. Celebrity Net Worth reports King has a net worth of $50 million, but we could see this figure being a bit low considering all the years King hosted a national talk show.
The Street reports there is a wide range of annual salaries among cable talk show and news hosts. According to The Street, Fox News host Sean Hannity tops all competitors — he earns a salary of $40 million a year. Most of Hannity's peers earn between $7 million and $12 million annually. With such high wages, it might be that King's many divorces may have impacted his finances.
King is also the father of five children. Tragically, the talk show legend lost his son Andy King and daughter Chaia King within weeks of each other in 2020. His remaining sons are Larry King Jr., who is almost 60, and two college-aged sons, Cannon and Chance King.