Larry King Net Worth at Death

Larry King was an American radio and television journalist who died with a net worth of $50 million. He was best known for hosting CNN’s “Larry King Live” show. Larry King, 87, passed away on January 23, 2021.

Larry King was paid $200,000 per year when he first joined CNN in 1985. He was earning $2 million per year by the early 1990s.

Larry signed a four-year contract worth $3.5 million per year in 1994. In May 1998, at the height of his success at CNN, Larry signed a new contract that doubled his previous salary.

The agreement increased his salary to match that of other popular news anchors at the time. “Larry King Live” was CNN’s highest-rated show at the time of signing.

Larry King’s 1998 contract guaranteed him a salary of $7 million per year for the next five years, for a total of $35 million. Earning $7 million in 1998 is equivalent to earning around $13 million today.

Larry received a portion of stock options in CNN’s parent company Time Warner, as well as a generous signing bonus estimated to be worth $5 million.