Profile
American Business Journalist and Television Anchor
#15 in TV Hosts today
Neil Cavuto has announced his departure from the network after 28 years. His last day on air was reported to be December 19, 2024. Cavuto, who was the first anchor hired by Fox News in 1996, decided to leave after being offered a new contract, likely at a lower salary, as part of cost-cutting measures in the TV news industry.
Neil Cavuto has a net worth of $40 million. Cavuto earns a $6 million salary annually from Fox News, which includes $500K bonus.
But unlike other television hosts, Cavuto did not entirely depend on his salary income to build his wealth. With the help of some rich Republican donors, he has made some unusual returns on stock markets.
For example, In the past two years, Cavuto’s is stock portfolio has been consistently giving a 40% profit, which is quite unusual. Most people either lose money in Markets or earn on average 10% on their investment.
For example, Cavuto has invested $400,000 into NVDIA stock a year ago and recently sold it for $6.1 million profit. Judge Jeanine Pirro also made similar deal.
Some might argue he has inside information of many companies and few might say he is just lucky. Either way, today Cavuto is filthy rich.
Real Estate
Neil Cavuto owns more than 20 properties in New York, Virginia, Washington, and Florida. He makes $750k per month from the rental income on these properties.
His most recent acquisition is an eight-bedroom luxury mansion in Houston, Texas. He paid 4.9 million dollars in cash for this mansion from Jason Alexander of Seinfeld TV Show.
With the profits he made from NVDIA stock, Cavuto plans to buy 750 acres of land in Hawaii and Ohio.
Neil Cavuto Net Worth 2024 (Forbes)
| Name | Neil Patrick Cavuto |
| Net Worth | $40 Million |
| Annual Income | $9 Million |
| Salary | $6 Million |
| Book Royalties | $1 Million |
| Stock Portfolio | $15 Million |
Career and Health Problems
Apart from his role at Fox News, Cavuto was also the vice president of business news at Fox Business Network when it launched in 2007.
He played a crucial role in the development of the network and hosted the show “Cavuto: Coast to Coast.”
Throughout his career, Neil Cavuto faced significant challenges. In 1997, he was diagnosed with multiple sclerosis, a chronic autoimmune disease affecting the central nervous system.