Lou Dobbs Net Worth; How Wealthy is He?
If you are to make a list of the highest earning television personalities and their net worth, Lou Dobbs net worth will be up there; how much is he worth?
In this article, we are going to discuss the net worth of the former television personality and author who has spent much of his time influencing the lives of others as well as entertaining them.
Lou Dobbs has made a name for himself as a television personality, author, and radio host.
In this article, we are going to look at how much money he has made from all these.
For a man that has worked on television, written books, and hosted several shows on radio, what do you think Lou Dobbs net worth will be?
You can make your guesses but we will discuss in detail how much he is worth.
Lou Dobbs Net Worth
Being one of the foremost people to have worked with CNN when they started operations in 1980, Lou Dobbs net worth could not have been lower than the estimated $20 million that he has earned over the course of his career.
He has made money in his career.
And that is down to his hard work.
Now at 76 years old, he can look back at his work and be proud of himself.
Since we are discussing Lou Dobbs net worth, let’s look at some issues that had to do with money and some legal issues.
On February 4, 2021, the maker of voting machines Smartmatic filed a $2.7 billion defamation lawsuit against a number of people, including Dobbs and two other hosts of Fox Corporation programs, alleging that they had spread rumors that the company and its rival Dominion Voting Systems had been involved in a global plot to rig the 2020 presidential election against Donald Trump.
After receiving a demand letter from Smartmatic, the three programs each ran a video retraction weeks earlier; nevertheless, neither Dobbs nor the other hosts personally made retractions.
In December 2021, Venezuelan businessman Majed Khalil filed a $250 million lawsuit against Dobbs, Fox News, and Sidney Powell, claiming that they had wrongly accused him of manipulating Dominion and Smartmatic devices.
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In March 2022, a judge for the New York State Supreme Court decided that the Smartmatic lawsuit against Fox News could go on, tossing out claims against two people but upholding those against Dobbs.
On February 5, 2021, Fox News terminated the program.
The decision had reportedly been taken into consideration prior to the legal troubles with Smartmatic, according to the Los Angeles Times.
CNN asserted that despite having the greatest ratings on the Fox Business Network, the show was a loss leader because so many advertisers shied away from the material.
The eventual cancellation of the program and the fact that no money came in through the show, had impacted Lou Dobbs net worth.
If the program continued to run, he would have earned a bit more money from it.
Lou Dobbs Net Worth: Career
Lou Dobbs, a Texas native who was raised in Childress, earned an economics degree from Harvard University in the late 1960s.
He moved to Arizona and started working as a police and fire reporter for a local station after working for several anti-poverty organizations on the East Coast.
He started working for CNN in 1980 when the network first launched, and he remained there until 1999.
In 2001, he returned to CNN, but in 2009, he left once more.
He presented “Lou Dobbs Tonight” from 2011 to 2021, which rose to the top spot on the Fox Business Network in terms of ratings.
Following Fox’s cancellation of Dobbs’ show, the program was terminated in February 2021.
It is not surprising that Lou Dobbs net worth is that high.
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CNN Career
In 1979, Ted Turner invited him to join CNN, a brand-new news network.
He joined the network as “Moneylinehost “‘s and main economics correspondent.
He later launched CNN Financial News and rose to the position of executive vice president at CNN.
After a disagreement with CNN’s new president in 1999, he left the network, but after the president resigned the next year, he returned.
Until 2009, when he was asked to leave, he stayed with CNN.
He began airing “Lou Dobbs Tonight” on the Fox Business Network in 2011.
We cannot discuss Lou Dobbs net worth without having a go at his early life.
Early Life & Education
Dobbs was born in Childress County, Texas, in 1945.
He is the son of Lydia Mae, a bookkeeper, and Frank Dobbs, a co-owner of a propane company.
Dobbs’ father’s propane company failed when he was twelve years old, and the family relocated to Rupert, Idaho.
The administration at Minico High School convinced him to submit an application to Harvard University even though he had already been accepted to the University of Idaho and Idaho State University.
Harvard accepted him, and he earned a Bachelor of Arts in economics there in 1967.
Dobbs resided in Quincy House while attending Harvard, and he was chosen for the Owl Club.
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