Gayle King Net Worth 2023, Biography, Salary, Career and More

If you want to know about Gayle King’s Net Worth, Biography, Age, Wife, Height, Weight, and other details, you can find them on this page. Gayle King, a well-known American television personality, currently boasts a net worth of $72 million dollars.

Who is Gayle King?

An American broadcast journalist, author, and television personality, Gayle King, born on December 28th, 1954, currently co-hosts CBS Mornings, the flagship morning program of CBS News, having previously held the same position for its predecessor, CBS This Morning. She also serves as an editor-at-large for O, The Oprah Magazine. In 2019, Time magazine recognized her as one of the “100 Most Influential People”.

Gayle King Net Worth

With a net worth of $72 million, Gayle King is an American journalist, author, and magazine editor. She has been co-hosting “CBS This Morning” since 2012 and has been serving as an editor for “O, The Oprah Magazine” since 1999. Furthermore, King has worked as a correspondent for “The Oprah Winfrey Show” and hosted her own show, “The Gayle King Show,” on OWN in 2011.

Gayle King Salary

Gayle King’s CBS tenure began in 2011 with a salary of $2 million dollars, which has quadrupled over the course of the past decade. Back in 1991, she served as a special correspondent for The Oprah Winfrey Show and earned a salary of $25,000.

When Gayle King first started working with CBS, she made $5.5 million per year. Later on, she negotiated a new contract and her salary increased to $11 million in 2019. Recently in 2022, she signed another contract with CBS News, but the specific terms are not publicly known. She announced on her SiriusXM radio show that she has signed the contract and will continue to work with CBS for a bit longer.

Gayle King Biography

Gayle King was born in Chevy Chase, Maryland, on December 28th, 1954. She went to the University of Maryland, College Park, and got a degree in psychology. After finishing college, she worked as a production assistant for WJZ-TV in Baltimore, Maryland. She then moved to Kansas City, Missouri, and worked as a reporter and anchor for WDAF-TV.

She worked for several other TV stations, like WFSB-TV in Hartford, Connecticut, and WPIX-TV in New York City. In 1991, she became the host of her own talk show called The Gayle King Show, which aired on the Oprah Winfrey Network (OWN). She later became a co-anchor for CBS This Morning in 2012. Besides her TV work, she’s also written some books, including a memoir named “Note to Self” and a children’s book titled “Being Generous.”

Early Life

Gayle King was born on December 28, 1954, in Chevy Chase, Maryland. Her mother, Peggy, stayed at home, and her father, Scott, was an electrical engineer. King had three younger sisters, and most of her childhood was spent in Turkey since her dad was based there. They eventually moved back to the US, and Gayle went to the University of Maryland.

She finished with a double degree in psychology and sociology in 1976. While still studying, she worked for a TV station, WTOP-TV. After graduating, she got a job as a production assistant at WJZ-TV in Baltimore. Later, she went to Kansas City, Missouri, and worked as a reporter and weekend anchor for WDAF-TV.

Career

Gayle King worked as a news anchor at WFSB in Hartford, Connecticut for 18 years starting in 1981. She was also a special correspondent on “The Oprah Winfrey Show” and hosted three different shows named “The Gayle King Show.” She later became a co-anchor of “CBS This Morning” in 2012. Her original co-anchors were Charlie Rose and Erica Hill, but they were replaced by Norah O’Donnell and John Dickerson.

Anthony Mason and Tony Dokoupil became her new co-anchors after O’Donnell and Dickerson left. King has also worked on “Good Morning America” and co-hosted “Oprah and Friends” on XM Satellite Radio. She gained attention for her 2019 interview with R. Kelly and for urging CBS to be transparent about sexual harassment and abuse allegations against former CEO Leslie Moonves in 2018.

Personal Life

Gayle married Bill Bumpus, who was an attorney/assistant attorney general in 1982. They had a daughter named Kirby in May 1986 and a son named William Jr. in April 1987. Oprah Winfrey is their children’s godmother.

Gayle and Oprah have been friends since 1976 when they worked together at WJZ-TV, and their friendship has lasted for many years. They even appeared in a video series for OprahMag.com called “The OG Chronicles” in 2019. However, Gayle and Bill divorced in 1993 after she caught him cheating on her.

Awards and Honors

Gayle King has won multiple journalism awards, including three Emmys. She was recognized with the American Women in Radio & Television Gracie Award in 2008, and in 2010, she earned the New York Women in Communications Matrix Award and the Individual Achievement Award for Host-Entertainment/Information. In 2017, Gayle was honored at Variety’s Power of Women luncheon for her work with the nonprofit organization SEO Scholars, and in 2019, she was named one of “Time” magazine’s 100 most influential people in the world.

Real Estate

Gayle King’s Real Estate Holdings

Gayle King is a successful journalist and television personality who has made a name for herself in the industry. Along with her professional accomplishments, she has also made significant investments in real estate.

Manhattan Penthouse

In 2008, King purchased a penthouse in Manhattan for $7 million. The 2,500-square-foot home features two fireplaces and a wraparound terrace.

Greenwich, Connecticut Home

Also in 2008, King put her 10,000 square-foot home in Greenwich, Connecticut, on the market for nearly $7.5 million. She had purchased the home in 2000 for $3.6 million. Public records show that the home is owned by Overground Railroad LLC, a company owned by Oprah Winfrey.

Chevy Chase, Maryland House

King currently resides in a luxurious 7,300-square-foot home in Chevy Chase, Maryland. She purchased the property for $9 million, and it includes seven bedrooms, eight bathrooms, and a pool, among other features.

Gayle King’s Assets & Investments

Gayle King owns a variety of assets, including 9 properties, 4 cars, and 2 luxury yachts. She also has cash reserves of over $14 million and an investment portfolio of 9 stocks valued at $12 million. Some of the stocks she owns include Citigroup, Tesla, Visa, McDonald’s, and PayPal.

Gayle King’s Annual Income

Gayle King owns more than 9 properties and receives monthly rental income from them. She also has over $10 million in bank deposits and government bonds, which give her annual interest and dividend payments. She earns over $1 million in rental income each year and an extra $550,000 in dividend and interest income.

Gayle King’s Loans and Liabilities

Gayle King took a student loan of $43,000 many years ago to pay for her college education. However, she has since paid off the loan in full with the money she earned from television. A few years ago, Gayle King took out a loan of $9 million from Morgan Stanley to expand her business and venture into the media industry. She earned her entire net worth through her own hard work and investments in stocks and real estate. Gayle King’s wise investments generate a large monthly income, which continues to increase her wealth.

Gayle King’s Cars

Gayle King has purchased a Tesla Model Y for $55,000 and a Volvo XC90 for $75,000. She also owns other cars such as Audi Q8, BMW X8, Toyota Vellfire, and Mercedes-Benz GLA.

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