Walter Cronkite Net Worth
Walter Cronkite has an estimated net worth of $50 million. Walter Cronkite was a lifelong newsman who became the voice of the truth for America as a nighttime anchorman. He earns most of his income from his career as a television anchor.
Walter Cronkite helped launch the CBS Evening News in 1962 and served as its news anchor until 1981. His trademarks were honesty, impartiality, and level-headedness, and his nightly sign-off was “And that’s the way it is.” In public opinion polls, he was identified as the man Americans most trusted, and he served as a voice of reason during the Vietnam and Watergate eras.
To calculate the net worth of Walter Cronkite, 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:||$20 Million|
|Monthly Salary:||$100 Thousand|
|Annual Income:||$3 Million|
|Source of Wealth:||Journalist, TV Anchor, Radio personality, Voice Actor, Television Producer|
Early Life and Career
Walter Cronkite was born in St. Joseph, Missouri, on November 4, 1916. He decided to become a journalist after reading a magazine article about a foreign correspondent while growing up in Houston, Texas. In 1935, he left the University of Texas to work for the Houston Post, and later for Midwestern radio stations.
Cronkite covered the European front for the United Press during WWII and was the chief United Press correspondent at the Nuremberg trials. He began working for CBS News in 1950, and he covered national political conventions and elections. He was a founding member of the CBS Evening News and served as its news anchor until his retirement in 1981. His trademarks were honesty, impartiality, and level-headedness, and his nightly sign-off was “And that’s the way it is.” In public opinion polls, he was identified as the man Americans most trusted, and he served as a voice of reason during the Vietnam and Watergate eras.
Post-Retirement and Books
After his retirement, Cronkite hosted Universe (1982), co-produced Why in the World (1981), and hosted Dinosaur (1991). He also filmed a special short series called Cronkite Remembers in 1996. In addition to his television work, Cronkite wrote several books, including A Reporter’s Life (1996) and Around America (2001).
Legacy and Death
Cronkite has received numerous honors throughout his distinguished career, including the prestigious Peabody Award twice, several Emmy Awards, and the Presidential Medal of Freedom in 1981. He most recently received the News World International Lifetime Achievement Award in 2003, as well as the Truman Foundation’s Harry S. Truman Good Neighbor Award in 2004.
Cronkite suffered a significant personal loss in 2005. Betsy, his beloved wife, died of cancer at the age of 89. Cronkite was diagnosed with cerebrovascular disease four years later, in mid-2009. He died on July 17, 2009, at the age of 92, at his home in New York City. He was laid to rest alongside his wife in their family cemetery plot in Kansas City, Missouri.
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