Edward R. Murrow Net Worth 2022 – Salary, Income, Earnings

Edward R. Murrow Net Worth 

Edward R. Murrow had an estimated net worth of $2 million at death. American radio and television news broadcaster Edward R. Murrow gave eyewitness reports of WWII for CBS and helped develop journalism for mass media. He earned most of his income from his career as a news broadcaster. 

To calculate the net worth of Edward R. Murrow, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Edward R. Murrow
Net Worth: $2 Million
Monthly Salary: $70 Thousand
Annual Income: $1 Million
Source of Wealth: Radio and Television News Broadcaster

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Early Life

Edward R. Murrow was born Egbert Roscoe Murrow on April 25, 1908, in Polecat Creek (near Greensboro), North Carolina, and grew up in Washington state before becoming one of the most respected television and radio journalists of the twentieth century. Murrow worked on a surveying crew in the area during his summer breaks.

Murrow studied political science, speech, and international relations at Washington State University. He also changed his name to Edward there. Murrow led the National Student Federation for two years after graduating from college in 1930. In 1930, he changed jobs to work for the International Institute of Education. As an assistant director, he organized seminars and lectures both in the United States and abroad. The organization also assisted in the relocation of Jewish academics from Germany to the United States.

World War II Correspondent

Murrow was hired by CBS as its director of talks in 1935. He relocated to London, England, two years later to become the company’s European operations manager. Murrow began his career in journalism almost by chance. In 1938, Germany invaded Austria, and he chartered a plane to Vienna, Austria, to cover the event for CBS. He quickly established a network of correspondents to assist him in reporting on Europe’s escalating conflict. His group, dubbed “Murrow’s boys,” included William L. Shirer and Eric Sevareid.

During WWII, Murrow became a fixture on American radio. He risked his life and limb to report on the bombing of London from late 1939 to early 1940. Murrow was able to make the blitz real for listeners across the pond by transmitting his reports from a rooftop rather than an underground shelter. According to The New Yorker, poet Archibald MacLeish stated that Murrow “burned the city of London in our houses and we felt the flames that burned it.” He was also the first to use ambient sound in his broadcasts, allowing listeners to hear the news as it happened.

Murrow’s coverage of the war made him a media hero in the United States. He struggled to regain his footing after the war, however. He was a CBS vice president who oversaw the network’s public affairs office for a time. In the late 1940s, Murrow collaborated with Fred Friendly on a series of recordings called Hear It Now, which would later be adapted for an emerging medium called television.

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Leading TV Journalist and Joesph McCarthy

See It Now, Murrow’s documentary news series, debuted in 1951. The most famous episodes of the show aired a few years later, and it is best remembered for helping to put an end to Senator Joseph McCarthy’s anticommunist persecutions. Murrow told the story of a soldier who was discharged from the military for posing a security risk in 1953. His father and sister were both leftist politicians, so he was deemed a risk. The soldier was reinstated after the story aired on See It Now.

Murrow made history the following year when he confronted McCarthy directly. He did what many people were afraid to do. McCarthy and the House Un-American Activities Committee had instilled fear in the public. Those suspected of being communists were frequently blacklisted and unable to find work. Much to his network’s chagrin, Murrow exposed McCarthy as the bully that he was by using McCarthy’s own words.

Around this time, Murrow’s hard-hitting interview show Person to Person demonstrated a softer side. He met and spoke with celebrities such as Marilyn Monroe in their homes. Murrow found himself increasingly at odds with his CBS bosses as the years passed. After the cancellation of See It Now in 1958, he launched the short-lived news discussion show Small World. He then continued to make documentaries for the CBS Reports program on the network.

Final Years and Legacy

Murrow left CBS in 1961 to join President John F. Kennedy’s administration, where he served as director of the United States Information Agency until 1964. Because of his health, he was forced to resign. Murrow, who had been a heavy smoker for much of his life, was diagnosed with lung cancer.

Murrow received numerous honors during his nearly 25-year career as a leading light in the news industry. In 1964, President Lyndon B. Johnson awarded him the Medal of Freedom. Murrow was made an honorary knight commander of the Order of the British Empire by Queen Elizabeth II the following March. He died a short time later, on April 27, 1965, in Pawling, New York, a town in Dutchess County. His wife, Janet, and their son, Casey, survived him.

Murrow’s name is still associated with journalistic excellence today. He is still regarded as a television news pioneer, having influenced people like Walter Cronkite, Dan Rather, and Peter Jennings. With the release of George Clooney’s 2005 film Good Night, and Good Luck, a new generation was introduced to his journalistic exploits. The film follows Murrow’s efforts to put an end to Senator McCarthy’s reign of terror. Murrow is played by David Strathairn in the film.

The Radio Television Digital News Association has given the Edward R. Murrow Award to individuals who have made outstanding contributions to electronic journalism every year since 1971. Peter Jennings, Ted Koppel, Bryant Gumbel, Brian Williams, Katie Couric, Dan Rather, and Tom Brokaw have all received the award.

Further Reading

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