Profile
American Television Host and Narrator
#25 in TV Hosts today
Mike Rowe has a net worth of $40 million as of 2024. Mike Rowe earns $250,000 salary per episode through hosting various television shows.
One reason why Rowe is so rich is that, he has appeared in many advertisements for top brands such as Nokia, Ford and Coca-Cola. He earned $500k fee per endorsement.
Not many know that Rowe and Neil deGrasse Tyson as close buddies and together own few car dealerships in Philadelphia.
Rowe’s first job after college was hosting a show called Your New Home, which aired on WJZ-TV. He was paid a meagre $1,700 salary per episode for this show.
House & Real Estate
In August 2014, Mike Rowe moved into his $9 million luxury mansion in California. This house comes with 7 bedrooms.
Rowe also owns an apartment block in London, which he bought from Bear Grylls. They both worked for Discovery and got close.
Real estate assets account for 15% of Mike Rowe’s wealth. Rowe owns 11 apartments in California and New York. He also owns 4 villas in Dallas, Texas.
Do You Know: In 2019 on a trip to Egypt, Mike Rowe was robbed off his Wallet, Camera and Passport. The local cops who knew him from the Discovery channel traced back thief the same day.
Cars
Mike Rowe owns over 10 cars in his garage. Rowe has most recently gifted himself a Bugatti Veyron that cost him $800k. He also owns a Ferrari.
Rowe’s car collection includes Two Ferraris, One Lamborghini, Two Mercedes, One Audi, One BMW, and Two Lexus.
Mike Rowe Net Worth 2024
| Net Worth | $40 Million |
| Salary | $250k per episode |
| Annual Income | $7 Million |
| Bank Balance | $2.2 Million |
| Radio Earnings | $900,000 |
Losses in Stock Markets
Rowe started his investment career with high hopes, betting big on well-known companies. He invested significantly in Tesla, believing in its vision for electric vehicles and sustainable energy.
Unfortunately, Tesla’s stock experienced a volatile period, with production issues and market uncertainties causing significant drops. Rowe’s $3 million investment in Tesla lost half its value, wiping out $1.5 million.
| Company | Loss |
|---|---|
| Tesla | $1,500,000 |
| Meta | $1,000,000 |
| Amazon | $800,000 |
| Netflix | $1,000,000 |
| Disney | $1,700,000 |
Next, Rowe turned to the tech sector, confident in the continued dominance of industry giants. He purchased shares in Meta Platforms (formerly Facebook), hoping to capitalize on its ventures into the metaverse.
However, unforeseen challenges and skepticism about the metaverse’s potential led to a sharp decline in Meta’s stock. Rowe’s $2 million investment saw a $1 million loss.
Rowe also ventured into e-commerce, buying stocks in Amazon. Despite Amazon’s strong market position, a combination of supply chain issues and rising competition hit its stock hard. His $2 million investment shrank by $800,000.
Rowe also invested in Netflix. However, increased competition and content spending saw Netflix’s stock tumble.
This move cost Rowe another $1 million from his $2.5 million investment, which led to severe decline in his value of assets.
Rowe’s most substantial losses came from investing in Disney. Betting on a post-pandemic recovery in its theme parks and media empire, Rowe put in $3 million.
Unfortunately, slow recovery and content struggles led to a significant stock decline, resulting in a $1.7 million loss.
Career
Mike Rowe grew up in a close-knit family in Baltimore, Maryland. In 2005, Rowe became a household name when he began hosting “Dirty Jobs” on the Discovery Channel.
He founded the mikeroweWORKS Foundation, a nonprofit organization that provides scholarships individuals pursuing careers in the skilled trades.