Chris Wallace’s 2021 net worth might have taken a bit of a hit in recent days. The news personality, who was among the most trusted at his network has decided he’s stepping down.
The anchor is reportedly saying goodbye to Fox News and hello to new endeavors that await.
His net worth has grown over a decades-long journalism career he built for himself.
Fox News Sunday host Chris Wallace, 74, has made quite a name for himself in journalism. He is the son of 60 Minutes reporter Mike Wallace, and began his career in 1975 as a broadcast journalist at NBC News.
Chris Wallace is married to Lorraine Martin Smothers, a published author, and chef.
He is also one of few journalists who worked for a number of major networks, including CBS, NBC, and Fox News.
However, on Sunday, December 12, the newsman announced at the end of his Sunday program he would be leaving Fox News after 18 years at the network.
Chris Wallace 2021 Net Worth
Thanks in large part to his long tenure at the popular news network, the anchor has made himself quite a bit of money. When he announced he was leaving Fox News, it was also revealed that he’s leaving behind what was a $7 million annual salary.
That salary and the fact that his wife is an accomplished professional in her own right has allowed him to have a nice little nest egg.
According to Celebrity Net Worth Chris Wallace’s 2021 net worth is around $25 million. That salary and his total net worth would seem to hint that his career in journalism has led to him being deeply respected. It’s also led to him being one of the better-paid anchors out there.
That kind of money is also one of the reasons he’s able to step away from the network. He’s not having to worry much about where his next paycheck is coming from.
Chris Wallace was well known as being on Fox News. However, he’s moving to a rival network now.
The anchor is moving to CNN+. On this new network, he’ll be hosting a weekday news show. During his announcement, he made it clear that the increasing Fox News conspiracy theories. He also cited wanting a new challenge.
“It is the last time, and I say this with real sadness, we will meet like this,” the newsman said on Fox News Sunday. He described his time at Fox as a “great ride” and said he was “ready for a new adventure.”
“I am thrilled to join CNN+,” Wallace said in a later statement. “After decades in broadcast and cable news, I am excited to explore the world of streaming. I look forward to the new freedom and flexibility streaming affords in interviewing major figures across the news landscape — and finding new ways to tell stories.”
It will be interesting to see how the move impacts Chris Wallace’s 2021 net worth.