Net Worth: $650 Million
Howard Stern’s net worth is estimated to be around $650 million, while the radio host has reportedly earned more than $1 billion during his career. While Stern’s radio career started with humble beginnings, he became the face and voice of Sirus Radio, now Sirius XM. Through that partnership, Stern has consistently been one of the highest-paid celebrities on an annual basis and one of the richest celebrities of all time.
How Much Has Howard Stern Earned From Sirius XM?
In 2006, Howard Stern decided to leave terrestrial radio. The shock jocks form of radio had gained national attention, but he was restricted in terms of what he could say on air, and in the late 1970s and throughout the 1980s, Stern bounced between rock stations and radio talk shows.
On December 16, 2005, Stern left regular radio and signed a massive five-year $500 million deal with Sirius Satellite. Sirius was in desperate need of a star, and the company’s subscriber base exploded once Stern was put behind the company’s paywall.
Stern continued to negotiate new contracts with Sirius XM following his first five years on the radio. In 2020 Stern’s newest contract was negotiated for a new five-year term worth $120 million per year or about $330,000 per show.
It’s important to note that Stern’s contracts cover all of his show’s production costs, including the salaries of his show’s personalities and other expenses. It’s likely that Stern takes home around $80 million to $90 million per year after paying all of the show’s expenses.
After paying for the show, covering agent costs, and paying his taxes, Stern likely takes home around $40 million to $50 million per year.
How important is Howard Stern to Sirius XM? Analysts have estimated that 10-15% of the company’s subscribers only subscribe to listen to Stern’s talk show.
Howard Stern Made $1 Million From His Book ‘Private Parts’
s_bukley / Depositphotos.comHoward Stern’s autobiography Howard Stern: Private Parts was published in 1993 by Simon & Schuster and Stern was paid $1 million for the book.
The story of Stern’s life was a hit among his fans and spent 20 weeks on The New York Times Best Sellers list.
Stern then worked to turn the book into a movie. He starred in the 1997 flick, which grossed over $41 million, likely adding a nice payday to his already mammoth net worth.
Stern went on to write two more books, “Miss America” and Howard Stern Comes Again.”
Howard Sterns Huge ‘America’s Got Talent’ Salary
Howard Stern serves as a judge on America’s Got Talent, where he showed his softer side, often throwing his support behind nervous contestants while praising many of the show’s talented contestants.
The shock Jock’s softer side was a hit among fans of the show, and he ended up staying on the talent show for four seasons.
According to Forbes, Stern earned $15 million per season, which means Howard Stern’s net worth increased by $60 million for a relatively small amount of additional work.
Howard Stern’s Net Worth Is Also Tied To $100 Million In Real Estate
Howard Stern and his wife Beth Ostrosky own approximately $100 million in real estate, much of which is located in and around New York City.
Stern’s main home is an Upper West Side penthouse estimated to be worth $21 million. Stern’s home is comprised of several purchases. He bought the three condos that made up the 54th floor of the Millennium Tower for $6 million in 1998, and then in 2008, he bought the two condos that made up the 53rd floor for $15 million. When combined, his penthouse features 8,000 square feet inside one of Manhattan’s most expensive buildings.
The Sterns also own a $25 million home in the Hamptons. The couple purchased an empty lot in 2005 and then spent $25 million building a 15,000-square-foot mansion.
In 2013 the couple stepped outside of the New York area and purchased a $52 million estate in Palm Beach, Florida. The home sits on 3.25 acres and features 12 bedrooms.
Howard Stern’s net worth continues to increase by at least $40 million per year after agent fees, taxes, and other expenses, if he continues with his on-air duties for another ten years, he will become the first radio host to rack up $1 billion from his radio hosting abilities alone.
