American radio and television star Howard Stern hails from the United States. From 1986 through 2005, he hosted “The Howard Stern Show” on terrestrial radio, which was nationally syndicated. Howard quit “standard” radio on December 16, 2005.
Following this, he signed to a five-year, $500 million contract with Sirius Satellite Radio. On January 9, 2006, he launched his Sirius show. Since then, Howard has earned well over $1 billion from Sirius alone, as well as hundreds of millions from traditional radio.
On December 9, 2020, it was reported that Howard had signed a five-year contract with Sirius worth a total of $600 million, or $120 million per year.
When you hear that Howard “earns” $120 million annually, keep in mind that Stern uses the money from these contracts to finance all show production costs, including the wages of celebrities like as Robin Quivers and Gary Dell’Abate. It is estimated that Robin and Gary earn $10 million and $4 million year, respectively. By itself, this is worth $14 million.
If you conservatively estimate an additional $10 million to $15 million in expenses, Howard would have approximately $90 million before taxes and agency fees. Agents often take 10 percent, reducing the amount to approximately $80 million. Howard’s annual net income would be $40 million after taxes deducted from his annual revenues of $80 million.
The current schedule of three new episodes per week for forty weeks per year results in a total of 120 episodes every year. Based on 120 new shows per year and $40 million in net earnings, Howard Stern earns $333,333 per programme after all expenses. Every time he goes on the air, he receives a brand-new Ferrari.
Howard Stern’s Early Life
Howard Allan Stern was born in the Jackson Heights section of Queens, New York City, on January 12, 1954. Ray held the position of office clerk in New York City. After enlisting in World War II, his father worked as a radio engineer at WHOM in Manhattan.
View this post on Instagram
He was also a co-owner of Aura Recording, Inc., a recording studio in Manhattan where ads and cartoons are produced. Howard’s older sister’s name is Ellen. At the age of one, Stern’s family relocated to Long Island, New York.
Stern has desired to work in radio since the age of five. Stern’s father constructed an improvised recording studio in the basement of the family’s Roosevelt, New York home so that Stern could record fictitious radio shows. The junior-senior high school he attended was Roosevelt.
At the age of 15, Stern’s family moved to Rockville Center, New York. During the 1969-1970 academic year, he attended South Side High School. He graduated from high school in 1972. In October of that year, he attended Boston University.
As a student, he began working at the collegiate radio station WTBU. 1974 marked his admission to Boston University’s School of Public Communications. In May of 1976, Stern obtained his doctorate from Boston University.
Early Years in His Career
Howard Stern began his radio hosting career in 1979 as a morning DJ for Radio & Records at the commercial FM radio station WWWW. His efforts were recognised with his first industry honour, the Personality of the Year Billboard Award. Stern moved to WWDC Washington and began planning a new programme there. Stern was offered a one-year contract by WWDC in 1982, but he ultimately decided to join WNBC.
Stern’s career flourished after he met a US Air Force nurse and a journalist who eventually joined the Stern radio team in Washington, D.C. Stern joined the New York-based radio station K-Rock in 1985, catapulting his career to new heights. One year after his debut, he established himself in the major metropolitan areas by launching “The Howard Stern Show.”
Stern finally released his autobiography Private Parts, which sold more than 500,000 copies in its first month of publication. Following the publication of his memoirs, he appeared in Private Parts and Ryder, P.I. In 2011, he replaced Piers Morgan as a judge on America’s Got Talent.
He has also released a number of albums. Stern has teamed with celebrities such Simon Cowell, Paul Giamatti, and Michael Cera, among others, since that time.
Forbes ranked Stern as the highest-paid media figure in the world and the fifth highest-earning individual in the world.
Here are some of the career highlights of Howard Stern:
- 50 Unique Methods to Evaluate Your Mother (Album, 1982)
- The Howard Stern Show (1987-1992)
- The Private Parts Album (Album, 1997)
- Satellite Honors (Best Actor In Motion Picture, 1998)
- Award for the Most Popular Entertainment (Favorite Male Newcomer, 1998)
- The Adult Video News Award (2000)
- On-Demand Howard Stern (2005-2006)
- The television program America’s Got Talent (2006)
What is Howard Stern’s Net Worth?
It is estimated that Howard Stern is worth $650 million. In addition to book sales, his performance on America’s Got Talent, and the success of his film Private Parts, Howard’s large net worth is primarily due to his radio show.
Specifically, his rumored 500 million dollar contract extensions. Obviously, this amount is spread out over five years and includes manufacturing costs and well-compensated personnel. This does not prohibit Howard from making money, though…
Personal life of Howard Stern
Stern met Alison Berns at Boston University through a mutual friend. They were married in Brookline, Massachusetts on June 4, 1978. Both of them were 24 years old. Their three daughters are Emily Beth (1983), Debra Jennifer (1986), and Ashley Jade (1993). They separated in October 1999. In 2001, the divorce was amicably handled.
View this post on Instagram
In the months between his divorce from Alison and his encounter with Beth Ostrosky, Stern dated model Angie Everhart and actress Robin Givens. In 2000, Stern began dating model and television personality Ostrosky. They became engaged on February 14, 2007, and were married at Le Cirque in New York City on October 3, 2008.
The FCC fined station owners $2.5 million for indecent content, making Stern the most severely punished radio personality in history. Obsessive-compulsive disorder affects Stern. In “Miss America,” published in 1995, he described his struggle with OCD.
His parents have been practising transcendental meditation since the early 1970s, and this is how he handles it. In 2012, Stern became a pescetarian.
Stern and Ostrosky both support the North Shore Animal League of America. Together, they have fostered approximately 900 animals. The names of their four cats are Bella, Yoda, Walter, and Pebble.
Howard Stern Contracts and Compensation
Before Stern joined Sirius, the company had 600,000 subscribers and was losing $226 million annually on $13 million in revenue. SiriusXM has 35 million paying customers and generates $1.8 billion in earnings on $7.2 billion in revenue.
Howard has an unrestricted free speech on Sirius, which is not governed by the FCC. 10-15% of Sirius subscribers, according to analysts, only listen to Stern.
In 2004, Stern signed a five-year, $500 million contract with Sirius. Each year, Stern received $100 million in cash and stock. The sum of $100 million would cover the production costs and salaries of his show.
Stern allegedly retained $50 million. Before joining Sirius, Stern earned $30 million annually at Viacom for terrestrial radio.
In 2010, he signed a new five-year, $500 million contract extension. In December of 2015, he signed a 12-year extension with Sirius. This most recent pact is said to pay Stern $80 million year, including his salary, staff salaries, and show production costs.
View this post on Instagram
By the time this contract expires, Stern will have earned more than $1 billion (excluding production costs) throughout his tenure at Sirius. Prior to 2005, he also made hundreds of millions of dollars (pre-tax) from terrestrial radio.
Howard announced on December 9, 2020, that he has signed a five-year, $600 million contract with Sirius. It costs $120 million to cover all production expenses.
How did Howard Stern become so wealthy?
Through his radio show, books, appearances on “America’s Got Talent,” and other companies, he has amassed a net worth of $650 million. Given his massive remuneration, it is hardly surprising that SiriusXM has earned Stern more than $1 billion since the start of their mutually advantageous partnership.
Stern signed a $1 million contract with Simon & Schuster in 1993 to write “Private Parts,” his biography. In October 1993, the book was published and was an immediate success. The initial print run of 225,000 books was completely sold out within hours of their release. Within five days of its release, “Private Parts” became the fastest-selling book in Simon & Schuster’s history. The book was number one on the “New York Times” Best-Seller list for twenty weeks.
In 1997, the novel “Private Parts” by Howard Stern was turned into a feature film. Stern and several members of his radio show personnel, including Robin Quivers, Fed Norris, Gary Dell’Abate, and Jackie Martling, appear as themselves in the film. On March 7, 1997, “Private Parts” was released in the United States. In its opening weekend, the film grossed $14.6 million in the United States. At the conclusion of its theatrical run in the United States, it made $41.2 million.