Hoda Kotb Net Worth 2024: Hoda Kotb is an Egyptian-American broadcast journalist and co-anchor of NBC’s TODAY show with an estimated net worth of $30 million in 2024, known for her warm personality and diverse media career.
Key Takeaways
- Hoda Kotb’s estimated net worth in 2024 is $30 million.
- Her annual salary at NBC’s TODAY show was around $8 million.
- Kotb announced her departure from TODAY in September 2024, effective in early 2025.
- She has multiple income streams, including book authorship and previous radio hosting.
Hoda Kotb: A Journey of Success and Wealth
Early Life and Education
Hoda Kotb was born on August 9, 1964, in Norman, Oklahoma. Her parents, of Egyptian descent, raised her in various locations including Morgantown, West Virginia, and Alexandria, Virginia. Kotb’s childhood was marked by frequent moves, which included time spent in Egypt and Nigeria.
Kotb’s academic journey led her to Virginia Tech, where she graduated in 1986 with a Bachelor of Arts degree in Broadcast Journalism. Her college years were notable, as she was a member of the Delta Delta Delta sorority and was elected homecoming queen in high school.
Career Trajectory
Kotb’s career in journalism began modestly at CBS affiliate WXVT in Greenville, Mississippi. She gradually climbed the ladder, working at various stations across the country. Her big break came in 1998 when she joined NBC News as a correspondent for Dateline NBC.
In 2007, Kotb became a host on TODAY’s fourth hour, a role that significantly boosted her public profile. Her partnership with Kathie Lee Gifford from 2008 to 2019 became iconic, particularly for their popular “Wine Wednesday” segments.
Kotb’s career reached new heights in 2018 when she was named co-anchor of TODAY alongside Savannah Guthrie, following Matt Lauer’s dismissal. This promotion marked a significant increase in her salary and public visibility.
Financial Growth and Net Worth
As of 2024, Hoda Kotb’s net worth is estimated at $30 million. This substantial wealth comes from various sources:
- NBC Salary: When Kotb became co-anchor of TODAY in 2018, her salary was reported to be around $7 million per year. This figure likely increased over time, with recent estimates putting it at $8-10 million annually.
- Book Royalties: Kotb is a successful author with six bestselling books to her name. These include her autobiography and several inspirational works, contributing significantly to her income.
- Radio Hosting: From 2015 to 2022, Kotb hosted a SiriusXM radio show twice a week, adding another revenue stream to her portfolio.
- Speaking Engagements: As a prominent media personality, Kotb likely commands substantial fees for public speaking events.
Personal Life and Philanthropy
Kotb’s personal life has been as eventful as her professional one. She was married to Burzis Kanga from 2005 to 2008. In 2013, she began a relationship with financier Joel Schiffman, to whom she became engaged in 2019. However, they ended their engagement in 2022.
Kotb is a mother to two adopted daughters, Haley Joy and Hope Catherine. Her journey to motherhood in her 50s has been an inspiration to many.
A breast cancer survivor, Kotb has been an advocate for cancer awareness since her diagnosis and successful treatment in 2007. Her openness about her health struggles has endeared her to audiences and likely contributed to her popularity.
Recent Developments
In September 2024, Kotb announced her decision to leave the TODAY show, with her departure planned for early 2025. This move is expected to impact her income, though the extent remains to be seen. Kotb expressed a desire to focus on her children and explore new opportunities.
Impact and Legacy
Hoda Kotb’s impact on broadcast journalism extends beyond her net worth. She has been a trailblazer in many ways:
- As part of the first female duo to host TODAY since its inception in 1952
- Breaking barriers as an Arab-American woman in a prominent media role
- Advocating for adoption and late-in-life parenthood
Her warm, empathetic approach to journalism has set her apart in an industry often criticized for its lack of compassion.
Latest News
On September 26, 2024, Hoda Kotb made a significant announcement that sent shockwaves through the media industry. She revealed her decision to step down as co-anchor of NBC’s ‘TODAY’ show, a role she has held since 2018. This unexpected move is set to take effect in early 2025.
In her emotional announcement, Kotb expressed that while this was the “right decision,” it was also a “painful” one. She emphasized her desire to focus more on her family, particularly her two young daughters, as a primary reason for this career shift.
Kotb’s departure marks the end of an era for ‘TODAY’, where she has been a fixture for 17 years. Her tenure on the show has been marked by high ratings and a strong connection with viewers, making her departure a significant loss for NBC.
Despite leaving her co-anchor position, Kotb has indicated that she will remain with NBC News in some capacity. The exact nature of her future role with the network remains unclear, adding an element of intrigue to her career trajectory.
This news has prompted discussions about the future of morning television and the changing landscape of broadcast journalism. Kotb’s decision reflects a growing trend of high-profile journalists reassessing their careers and prioritizing personal life over traditional career paths.
Hoda Kotb’s net worth of $30 million in 2024 is a testament to her successful career in broadcast journalism and her ability to diversify her income streams. From her humble beginnings to becoming a household name, Kotb’s journey illustrates the potential for growth and success in the media industry. As she prepares to leave TODAY, her financial future remains strong, backed by her reputation, diverse skills, and the goodwill she has built over decades in the public eye.
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