Oprah Winfrey is quite possibly the most famous person on the planet. The former talk show host of The Oprah Winfrey Show is an immensely successful actress, producer, philanthropist, and media proprietor. Here is everything you need to know about Oprah Winfrey’s net worth.
Oprah Winfrey has been rightly dubbed as the “Queen of All Media.” The 62-year-old was the face of the highest-rated and nationally syndicated television program in history. Winfrey has held numerous titles such as the richest African American, the greatest black philanthropist, and the first and only black multi-billionaire. Christened as the most influential woman in the world, it’s no wonder that Oprah Winfrey’s net worth is sky-rocketing. Keep reading to find out everything you need to know about Oprah Winfrey’s net worth in 2017 and whether Oprah Winfrey is the richest woman in the world.
Oprah Winfrey’s Net Worth: $2.9 Billion
Winfrey is proof that if you have the courage to overcome your adversities, you can achieve anything in life. The self-made billionaire has an astounding net worth of $2.9 billion, thanks to her 25-year stint on The Oprah Winfrey Show. When Oprah Winfrey’s age was just 41, she had amassed a net worth of $340 million, surpassing Bill Cosby as the only African American to be featured on the Forbes 400 list. Her vast fortune continued to increase steadily, and in 2000, Oprah Winfrey’s net worth was a whopping $800 million! Considered to be the richest African American of the 20th century, Winfrey was named the highest-paid TV star in 2006, with a sky high income of $260 million in that year alone. Proving that “The Oprah Effect” was unstoppable, her net worth had climbed to $275 million in 2008, and as of 2017, Oprah Winfrey’s net worth is an astonishing $2.9 billion!
Oprah Winfrey’s Net Worth Through the Years:
The queen of the small screen kicked off her Hollywood career with Steven Spielberg’s award-winning drama, The Color Purple in 1985. Her production company, Harpo Films signed an exclusive contract with HBO, because of which she worked on blockbuster films such as Beloved (1998), Charlotte’s Web (2006), and The Princess and The Frog (2010). Besides her commanding presence on the silver screen, Winfrey is the co-author of five well-received books and her memoir, The Life You Want is scheduled to be published in 2017. She is also the publisher of best-selling magazines like O, The Oprah Magazine, and O at Home.
Winfrey also earns a lot from her web site, Oprah.com, which has over 6 million users every month, and receives over 20,000 emails every week. Moreover, she also signed with Sirius XM Satellite Radio for her own radio channel called Oprah Radio in 2006, worth $55 million over three years. The station dropped her show towards the end of 2014, as the ratings were much lower than her salary. Oprah Winfrey’s houses are numerous and extravagant, with her current residence being “The Promised Land,” a 42-acre property with both ocean and mountain views in Montecito, California. Besides this, the talented star also owns luxurious homes in New Jersey, Chicago, Florida, Colorado, Hawaii and Antigua.
Oprah Winfrey’s Homes
|1.||Seamair Farm Estate (Montecito, California)||2016||23-acre Horse Farm||$28.85 Million|
|2.||Montecito, California||2004||23,000-square-foot||$50 Million|
|3.||Maui, Hawaii||—||163 acre Farmhouse||—|
|4.||Telluride, Colorado||2015||8700-square-foot mansion; 5-Bedrooms||$14 Million|
|5.||Water Tower Palace, Chicago||1985||9,625-square-foot||$3.5 Million
A Troubled Childhood
Oprah Winfrey’s wiki makes quite an interesting read, as it is a deeply moving story about defying the odds. Oprah Winfrey’s name was originally Orpah, after the biblical figure, and she was born to a single teenage mother in Kosciusko, Mississippi. Winfrey’s mother, Vernita Lee, was a housemaid, while her biological father, Vernon Winfrey, was a city councilman who had been in the Armed Forces. She was raised by her maternal grandmother during her early childhood, who lived as a rural destitute. Vernita Lee moved to Milwaukee with her daughter, but after giving birth to a second child and being unable to care for both, Winfrey was sent to live with her father in Nashville.
Oprah Winfrey had opened up about facing sexual abuse at the hands of her uncle, cousin, and a family friend when she was nine years old, resulting in her running away from home at the age of 13. At the tender age of 14, Winfrey gave birth to a premature son, who died shortly after being born. She then attended high school, but was placed in the care of her father once more, after her rebellious adolescent behavior became too much for her mother to handle. Living with her father proved to be beneficial for Winfrey, as she began excelling at school, won an oratory contest, and secured a full scholarship to Tennessee State University.
A Star is Born
Winfrey’s journalism and broadcasting career kick-started with a part-time job at a local radio station called WVOL, where she quickly became the youngest news anchor and the first black female news anchor. It wasn’t long before Winfrey caught the eye of her superiors and, after a few initial setbacks, began hosting television shows in Baltimore and Chicago. She catapulted to fame almost overnight by turning a low-rated morning show called AM Chicago into the highest-rated morning show. The show was renamed The Oprah Winfrey Show and the rest, as they say, is history. The syndicated talk show was expanded to a full hour and it aired from 1986 to 2011, catapulting Winfrey to superstardom.