The internet says Tucker Carson will have 20 Million dollars in 2023. This cannot be. Let’s see:
Tucker Carlson’s father married Patricia Caroline Swanson in 1979. She was an heiress to Swanson Enterprises, an enterprise founded by her family. By the time of the marriage, however, the Swansons sold the Swanson Enterprises brand to Campbell Soup Company back in 1955 and, at that time, did not own the brand.
Swanson Enterprises was a frozen-food concern that, in the 1950s, was established to become renowned for its TV dinners. Gilbert Carl Swanson founded the company, and his daughter, Patricia Caroline Swanson, inherited part of the family’s fortune when her father died. The money was, at one time, millions of dollars, and by modern dollars, far more.
We don’t know how much Tucker took in from this marriage, and it may well have been little other than schooling and personal playthings like cars and whatnot.
However, we can tell that he went off to work in at least an okay financial shape with no debt and possibly far more than that.
We do not know the exact extent of Patricia Caroline Swanson’s inheritance. However, the Swanson family was very rich, thanks to the success of Swanson Enterprises and other business ventures, and Patricia Caroline Swanson would have inherited much of that wealth. Moreover, the Swanson family members are known for their philanthropic activities, and Patricia Caroline Swanson has been involved in several charitable organizations and causes throughout her life.
Tucker Carlson is a journalist who began his career in the 1990s. He has worked for various news organizations, including CNN, MSNBC, and Fox News. Some popular shows he has hosted on Fox News include “Tucker Carlson Tonight,” which he has hosted since 2016.
Reports suggest that his salary in the after-Fox News tenure has increased drastically. In 2020, it was reported that he had signed a new deal with the network. His annual pay, according to the report, is $10 million. His previous years’ salaries were not public since news anchors’ and journalists’ salaries were mostly private.
Regardless, net income from 2020 through 2022 would have been 20 million for these two years alone.
According to reports, Tucker Carlson’s salary has steadily increased while hosting his Fox News show. Here are some reported figures:
- In 2018, Carlson reportedly received around $4 million yearly from his show on Fox News.
- In 2019, Carlson was said to be raking in approximately $6 million per year from his show on Fox News.
- In 2020, it was revealed that Carlson had signed a new contract with Fox News worth $10 million per year.
Adding these two numbers up gives us a total estimated earnings of $20 million over the three years from 2018 to 2020.
Which brings us to 40 million thus far.
We will assume the lowest that can be taken is the average for Canada, which is known to be less than the average for the USA but in US dollars.
The Canadian Data:
- In 2021, the average yearly salary for a CBC journalist was $93,000. According to the union called Canadian Media Guild, which represents many CBC workers, that is an average. It can vary because of several other reasons.
- Employees within the CBC may include hosters, reporters, and producers. According to Glassdoor, a self-reported aggregator website for salaries, the average salary of a host CBC is $93,000 per annum, and that of a CBC reporter is approximately $67,000.
- A CBC spokesperson quoted in a 2018 article from The Globe and Mail said some of the highest-paid employees are likely to be on-air personalities such as hosts, anchors, and correspondents. The spokesperson would not provide specific salary information.
But to be safe, let’s assume he earned only 50K annually from his reporting jobs, averaging tenfold more likely. Hence, for 25 years or so, he must have garnered about a million dollars minimum. It might well be as much as 12 million.
On top of these, he has other kinds of income:
Tucker Carlson is primarily a journalist and television host; therefore, his primary source of income may be the payment he receives from the show he works on Fox News. However, other sources of income may include other sources.
- Book deals: Tucker Carlson has published at least two books. “Ship of Fools: How a Selfish Ruling Class Is Bringing America to the Brink of Revolution” and “The Long Slide: Thirty Years in American Journalism.” In return, he reaps royalties or sometimes gets advance from writing a book.
- Speaking events: Tucker Carlson can be hired as a speaker for speaking events. In doing this, money made from speaking or participating in the event is paid for.
- Investments: Carlson might have invested in various assets that bring in money. There is no public record of his investment portfolio, though.
- Other media appearances: Tucker Carlson may make other television shows or programs. He can bring in money from these types of appearances.
At least half a million dollars from these other sources combined and probably more.
Stocks, bonds, and more investment. Twenty million, but no matter how you calculate, it seems to be only half or a quarter of what his fortune would be.
Does anyone have numbers? To provide a proper reply?
Conclusion
The important thing to note is that news anchors and journalists earn different salaries, depending on various factors such as the network, rating of the show, individual experience, and level of expertise. Moreover, news organizations may offer more compensatory bonuses, incentives, and other benefits.