As of 2024, Chris Wallace’s net worth is $50 million. After leaving Fox, he transitioned to CNN, where he continues to host a weekday program featuring interviews. His Salary is $1.6 Million per year.
Chris Wallace Net Worth 2024
| Net Worth | $50 Million |
| Salary | $1.5 Million |
| Inheritance | $18 Million |
| Books Royalties | $1 Million |
| Real Estate Assets | $26 Million |
Inheritance
Mike Wallace, Chris Wallace’s father, had a net worth of $70 million at the time of his death in 2012. He was a prominent journalist, best known for his work on CBS’s “60 Minutes.
At the time of his death, Mike has transferred $18 million of his estate to his son Chris. This includes $10 million in various real estate properties and the other $8 million in the form of cash and gold.
Real Estate Assets
Chris Wallace’s real estate portfolio includes a variety of properties. He owns a $7 million estate in Martha’s Vineyard, a $5 million brownstone in Washington, D.C.
He also inherited $3 million of farmland in Virginia. Additionally, Wallace has $3 million in undeveloped land in upstate New York. Recently he bought a commercial warehouse in Fairfax, Virginia.
Stock Market Investments
Chris Wallace’s $5 million stock portfolio includes $1 million each in Berkshire Hathaway, Goldman Sachs, and ExxonMobil; $800,000 in AT&T; $700,000 in IBM; and $500,000 in Johnson & Johnson.
Key Facts about Chris Wallace
- Birth: Chris Wallace was born on October 12, 1947, in Chicago, Illinois.
- Family: He is the son of legendary CBS 60 Minutes journalist Mike Wallace.
- Education: Wallace graduated from Harvard University with a degree in history.
- Early Career: He began his journalism career at The Boston Globe before switching to television news.
- NBC Career: Wallace worked for NBC News from 1975 to 1989, serving as a White House correspondent and anchor.
- ABC News: He joined ABC News in 1989, where he co-anchored “Primetime Thursday” and “Nightline.”
- Fox News: Wallace moved to Fox News in 2003 and became the host of “Fox News Sunday,” a position he held for 18 years.
- Presidential Debates: He moderated presidential debates in 2016 and 2020, earning praise for his firm but fair questioning.
- Awards: Wallace has received numerous awards, including three Emmy Awards for his work in journalism.
- CNN+: In 2022, Wallace left Fox News to join CNN+, a streaming service that was short-lived.
Conclusion
When Chris Wallace was working with fox, his net worth was growing at a rapid pace year on year. But since the colossal failure of CNN+, his income dropped significantly.