As one of the most talked-about figures, Walter Cronkite has built a significant fortune. In this article, we dive deep into the assets and career highlights.
What was Walter Cronkite's net worth and salary?
Walter Cronkite was an American broadcast journalist who had a net worth of $20 million at the time of his death in 2009. Walter Cronkite passed away on July 17, 2009, at 92 years old.
Walter Cronkite anchored the "CBS Evening News" from 1962 to 1981. He reported on numerous major events during his tenure, including the assassinations ofJohn F. KennedyandMartin Luther King Jr., the Apollo 11 moon landing, and the Watergate scandal, and received two Peabody Awards and the Presidential Medal of Freedom. Cronkite was known for concluding his broadcasts with the catchphrase "And that's the way it is."
Salary
Walter's biggest contract came in 1981 when he signed a 7-year deal that paid him $1 million per year, which is the same as around $2.7 million per year today. After he yielded his slot toDan Ratherin 1988, CBS paid Walter $150,000 per year to act as a consultant for the network. It was a somewhat ceremonial job and Walter actually turned down some fairly lucrative competing offers to stay with CBS. He was ready for a slower schedule.
Early Life and Education
Walter Cronkite Jr. was born on November 4, 1916 in St. Joseph, Missouri to Helen and Walter Sr. He was raised in Kansas City until he was ten, and then moved with his family to Houston, Texas. There, Cronkite attended Woodrow Wilson Elementary School, Lanier Junior High School, and San Jacinto High School. In high school, he was editor of the school newspaper. Cronkite went on to attend the University of Texas at Austin, where he worked on the Daily Texan paper. Ultimately, he dropped out in 1935 before completing his degree.
Career Beginnings
Ultimately, Walter Cronkite's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.
