Financial facts about Oprah Winfrey
Oprah Winfrey is known for her incredible show on TV, but she is also very skilled with finances. Check out these amazing facts.
Since her heyday as the undisputed talk-show queen, Oprah Winfrey has captivated audiences for decades.
She remains fascinating and relevant today thanks to her acting career, charitable work, and, of course, astute business decisions.
Find out how much Oprah is worth, how she amassed her wealth over the years and other interesting financial information about her.
How much is Oprah Winfrey’s net worth?
Winfrey holds the distinction of becoming the first black woman to become a billionaire, despite the fact that she isn’t alone in this today.
Her net worth is currently estimated to be $2.6 billion, according to Forbes.
She worked very hard on The Oprah Winfrey Show (which ran for 25 seasons) and made some extremely wise investments to amass her wealth.
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How rich it is compared to other people?
Even though Oprah Winfrey is worth a billion dollars, her fortune isn’t quite as large as that of the late President Donald Trump.
Trump’s most recent investment in Truth Social has increased his estimated net worth to $3 billion.
According to Forbes, Winfrey’s wealth surpasses that of other business moguls including musician Rihanna ($1.4 billion), reality TV star-turned-entrepreneur Kim Kardashian ($1.8 billion), and Facebook COO Sheryl Sandberg ($1.6 billion).
What was Oprah’s first job?
When Winfrey was 15 years old, she had her first paid job “babysitting Mrs. Ashberry’s rowdy kids,” according to a post on Oprah.com.
She claims Mrs. Ashberry underpaid her at 50 cents an hour since she also expected her to clean the house.
Next, she worked at a five-and-dime and was paid $1.50 per hour. She landed her first job in broadcasting at the age of 17—a radio gig that paid $100 a week.
The Oprah Winfrey show
When Winfrey first began her TV career, she was a news anchor. However, she frequently broke down in tears on air because of her intense empathy for the people she interviewed.
Her transition to talk-show host was a logical one.
She was able to make $30 million a year while she was in her 30s thanks to the enormous success of The Oprah Winfrey Show.
She was making $315 million annually by the time the show concluded in May 2011 — or $10 per second!
The “You got a car” stunt
In 2004, Oprah opened a new season of her program with one of the craziest TV debuts ever. She proclaimed to the entire crowd of 276 people, “You get a car, and you get a car!”
General Motors spent an estimated $7.9 million on the distribution of brand-new Pontiac G-6 vehicles, and it also paid the associated sales taxes.
However, the victors had to pay up to $7,000 in income taxes on their winnings.
Oprah, the investor
For a total of $43 million in 2015, Winfrey paid $6.79 per share to acquire 10% of Weight Watchers.
The shares were going for roughly $63 in January 2018, more than nine times what she had paid.
Oprah also makes real estate investments. Winfrey currently resides in California, Florida, Washington, Colorado, Tennessee, Illinois, and Hawaii, among other locations.
She knows how to sell man things, especially books!
Numerous of Oprah Winfrey’s books have reached the top of the New York Times bestseller list and made her millions of dollars.
She is not merely a writer, though; she is also the kind of lively reader that other authors adore.
According to USA Today, the book club she started on her show in 1996 contributed to the sale of an estimated 55 million copies of the 70 books she advocated.
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