Larry King Net Worth
Larry King has an estimated net worth of $60 million. TV and radio host Larry King, known for his straight to the point interviewing technique, hosted ‘Larry King Live’ for 25 years. He earns most of his income from his talk shows.
Larry King was born in Brooklyn, New York on November 19, 1933. On the Mutual Radio Network in 1978, he launched The Larry King Show, a nightly coast-to-coast radio talk show. Ted Turner noticed King’s work and hired him to host his own talk show, Larry King Live, on CNN in 1985. King announced in 2010 that he would be stepping down as host after 25 years.
To calculate the net worth of Larry King, 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:
|Net Worth:||$60 Million|
|Monthly Salary:||$1 Million|
|Annual Income:||$12 Million|
|Source of Wealth:||Journalist, Talk show host, Actor, Voice Actor, Radio personality, Writer, TV Personality|
On November 19, 1933, in Brooklyn, New York, King was born as Lawrence Harvey Zeiger to Jewish immigrants Edward Zeiger, a bar owner, and Jennie Gitlitz, a garment worker. King’s father died of heart disease when he was nine years old, at the age of 44. To support King and his younger brother, Marty, King’s mother had to go on welfare.
King had aspired to work in radio since he was a child, but his father’s death disrupted his emotional stability, causing him to lose interest in school. He had barely completed high school and had few prospects for a stable career. He went to work as a mail clerk at the time to help support his mother.
A chance encounter with a CBS television announcer led King to a career in radio. The announcer advised him to relocate to Florida, a state with a thriving media industry that was looking for inexperienced broadcasters. King got his start on the Miami Beach radio station WAHR (now WMBM). Initially, the job entailed cleaning up the station and doing odd jobs.
However, when one of their male announcers resigned in May 1957, King was called in to fill in. King must have impressed his boss because he was immediately assigned to the 9:00 a.m. to noon shift. In addition, he did two afternoon newscasts and a sportscast. All of this while earning $55 per week gave the young King the sense that he was fulfilling a long-held dream.
The name he was using at the time, Larry Zeiger, irritated the station’s general manager because he thought it sounded too ethnic and was difficult to remember. Minutes before going on the air, the young King chose the surname “King” after seeing an advertisement for King’s Wholesale Liquor. King quickly rose to prominence in the South Florida radio scene.
In 1960, he debuted his first program on Miami television and quickly gained a loyal local following, while also writing a newspaper column in the entertainment sections of the Miami Herald and Miami News. He met television legend Jackie Gleason in the 1960s, when he was producing a national television variety show in Miami Beach. Later, King credited Gleason with teaching him a lot about television production and referred to him as a mentor.
A former business partner charged King with grand larceny in December 1971, which resulted in the loss of his broadcast and newspaper jobs. In 1972, he was acquitted of all charges, but he was deeply in debt and publicly disgraced. He worked to rebuild his career over the next several years, writing magazine articles and working in West Coast radio.
By the late 1970s, the incident had passed, and he was able to resume his broadcasting career in Miami. In 1978, he was rehired by WIOD and launched The Larry King Show, a nightly coast-to-coast talk show on the Mutual Radio Network.
The show was very successful, with over 500 affiliate stations, and featured guest interviews and call-ins from the listening audience. This work piqued the interest of media mogul Ted Turner, who hired King in 1985 to host his own talk show on the fledgling Cable News Network (CNN).
Larry King Live was the first international television call-in program. Over the next 25 years, King cultivated a devoted following of viewers who tuned in to hear the talk show host interview presidents, athletes, actors, national heroes, foreign dignitaries, and obscure individuals thrust into the spotlight.
The show quickly became the highest-rated talk show on the air, and a must-see for celebrities promoting any project. King’s direct, non-confrontational interview style was well received by both audiences and guests. Ross Perot chose to announce his 1992 presidential bid on Larry King Live, demonstrating the show’s clout. Furthermore, King has used his show as a conduit for other fundraising events, such as disaster relief in New Orleans and Haiti.
After 25 years as host of the CNN talk show, King announced his retirement in June 2010. CNN named Piers Morgan, a British media personality, as King’s successor in September of the same year.
Aside from his work as a talk show host, King has appeared in several films and television shows as himself. He has also provided voices for animated films such as Shrek 2 (2004), Shrek the Third (2007), and Bee Movie (2007). He’s also written several books about heart disease since having a heart attack in 1987. My Remarkable Journey, King’s autobiography, was published in 2009.
‘Larry King Now’
In 2012, King launched his own web series, Larry King Now, which is similar to his CNN TV talk show.
King died on January 23, 2021. Though no cause of death was given, it was previously revealed that he had COVID-19. “With profound sadness, Ora Media announces the death of our co-founder, host, and friend Larry King, who died this morning at Cedars-Sinai Medical Center in Los Angeles at the age of 87,” King’s Twitter said. “Whether interviewing a U.S. president, foreign leader, celebrity, scandal-ridden personage, or an everyman, Larry liked to ask short, direct, and uncomplicated questions; he believed concise questions usually provided the best answers, and he was not wrong.”
King was also well-known for his multiple marriages, marrying eight times — twice to the same woman. Most of King’s adult life has been spent in and out of marriages, beginning with his 19-year marriage to his high-school sweetheart Freda Miller.
He has four children from his subsequent seven marriages. In 1997, three days before undergoing heart surgery, King married his seventh wife, Shawn Southwick, a former singer and television host, in King’s Los Angeles hospital room.
Southwick is 26 years younger than King. Chance and Cannon are the couple’s two children. Southwick has a son from a previous marriage, Danny. On April 14, 2010, the couple announced their separation and impending divorce. The couple has since dropped the case, claiming it was for the sake of the children.
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