American Television Host and Journalist
#22 in TV Hosts today
As of 2024, Michael Strahan has a net worth of $90 million USD. He earns an annual salary of $25 million through his TV shows such as Good Morning America. He lost of big portion of his wealth towards settling his wife during divorce proceedings.
Divorce Settlement
Strahan’s divorce from his wife Jean Muggli in 2006 has cost him dearly. Following the court’s divorce proceedings, Strahan was ordered to make a one-time payment of $15 million to Muggli. Also, the court instructed him to make monthly child support payments of $20,000.
Losses from Poker and Gambling
Since divorcing his wife in 2006, Strahan has reportedly lost millions of dollars to poker and gambling. Despite his financial issues, he has continued to gamble heavily.
According to Forbes Magazine, Strahan has lost over $7 million in poker over the past decade. He is also known for his extravagant spending on private jets and parties, with annual jet rental bills reaching $1 million.
Additionally, he spends hundreds of thousands of dollars on presidential suites in hotels, escorts, and parties. So its apparent that if Strahan would have had little financial discipline, his wealth could have been much higher.
Real Estate Assets
In 2023, Strahan’s net worth consists of real estate portfolio valued at over $40 million. He owns a $16 million mansion in Brentwood, LA with eight bedrooms, nine bathrooms, a movie theater, a tennis court, and a pool.
- Beverly Hills, CA: An $6 million mansion with six bedrooms, eight bathrooms, a pool, and a spa.
- Miami Beach, FL: A $5 million waterfront mansion with seven bedrooms, nine bathrooms, a pool, and a boat dock.
- New York City, NY: A $11 million penthouse with four bedrooms, five bathrooms, and a wraparound terrace.
- Bridgehampton, NY: A $4.9 million estate with a 9,000-square-foot main house, a guest house, a pool, and a tennis court.
Michael Strahan Net Worth 2024 (Forbes)
Net Worth | $90 Million |
Annual Income | $30 Million |
Salary | $25 Million |
Real Estate | $48 Million |
Cars Collection | Ten |
Business Profits | $6.9 Million |
Wealth Graph
Net Worth in 2024 | $90 Million |
Net Worth in 2010 | $30 Million |
Net Worth in 2000 | $19 Million |
Net Worth in 1990 | $110,000 |
Frequently Asked Questions
Michael Strahan earns an annual salary of $25 million for co-hosting the Kelly Ripa show.
Michael Strahan has recently signed a 3-year deal with ABC that will earn him $25 million every year for his television appearances.
Michael Strahan makes so much money because he is a successful businessman, television personality, and former NFL player. He has a diversified income stream that includes earnings from his various businesses, endorsement deals, and television appearances.
As a result of his divorce from his wife Jean Muggli, the court instructed Strahan to make monthly child support payments of $20,000.
For his role as a guest judge on the Dancing with the Stars show, Michael Strahan will be paid a salary of $500,000 per episode.