Oprah Winfrey Net Worth: The Wealthiest African-American Of The 20th Century
By Staff Reporter | Oct 01, 2014 08:16 AM EDT
Popularly known as the "Queen of All Media", Oprah Gail Winfrey is a media owner, talk show host, actress, producer and philanthropist. She has been ranked as one of America's richest woman, the first African-American billionaire and the wealthiest African-American of the 20th century. As of September 2014, Oprah's net worth is a whopping $3 billion.
The 60-year old Oprah Winfrey is supremely recognized for her multi-award-winning talk show The Oprah Winfrey Show which was the utmost graded program of its kind in history. With her increasing net worth, Oprah is the ultimate black philanthropist in American history. And she is also the world's most influential woman.
The American media mogul is recently listed as one of America's wealthiest on The Forbes 400 list of the richest personalities in the United States this 2014. Oprah Winfrey is globally famous for her great talent and astonishing intelligence in mass media. Her life story is one of the heartbreaking and inspiring tales of success. She is an example of celebrities that rose from rags to riches. She has experience poverty, exploitation and bigotry.
From being an employee to being a capitalist, Oprah Winfrey launches herself out of the positions of the only money-spinning into The Forbes 400. Her infamous show now airs on more than 200 stations in the US and in 117 foreign countries and earns her over $70 million per year before taxes. Adding up to her growing net worth, she earns an annual salary of $315 million.
But what makes Oprah Winfrey extremely one of America's wealthiest? Well, Oprah's fortune is greatly attributed to her ownership of her lucrative media empire. The self-made billionaire was born in rural poverty and then raised by a single mother on welfare in a deprived urban community. Oprah became a millionaire with a substantial net worth at the age of 32 when her show went nationwide.
Because of the success and the amount of profits the show generated, Oprah Winfrey was in a position to negotiate proprietorship of the show and start her own production company. She replaced Bill Cosby as the only African-American on the annual list of The Forbes 400 when she reached the age of 41. At that time, Oprah Winfrey has a $340 million fortune.
In 2000, Oprah Winfrey's net worth is $800 million thus labeling her as the wealthiest African-American of the 20th century. She was the highest paid television entertainer in the US in 2006, owing her affluent status as a historical icon.
Media magnate Oprah Winfrey earned an estimated wealth of $260 million in 2006, five times the amount earned by music executive Simon Cowell, who was the second ranking highest paid US TV entertainer on that same year. Her yearly income had increased to $275 million by 2008.
From 2004 to 2006, Forbes' global list has registered Oprah Winfrey as the world's lone black billionaire and as the first black woman billionaire in world history. And as of 2014, Oprah Winfrey has a net worth in excess of $2.9 billion and has overthrown past eBay CEO Meg Whitman as America's wealthiest self-made woman.
With all her triumphs in her own diverse landscape of her life, Oprah Winfrey is indeed a multimedia tycoon with an astounding net worth of $3 billion. She is definitely the first African-American billionaire, the America's richest self-made woman and the wealthiest African-American of the 20th century.
Most Popular
-
1
Setting Boundaries: Why It Is Important to Separate Personal and Professional Relationships -
2
Workplace Distractions That Kill Productivity: It's in Our Hands All the Time -
3
Airlines Industry Report: Passenger and Cargo Airline Employment Statistics as of May 2024 -
4
Diehard Democrat Fired After Posting What She Intended to Be 'Comedic' About Trump’s Assassination -
5
Customs and Border Protection Works with Canines as Biosensors of Smuggled Fentanyl, Firearms at the Mexico Border -
6
Secret Service Faces Scrutiny Over Trump’s Assassination, Causing Calls for The Chief’s Resignation -
7
Even Elon Musk Hates Office Jargons. Here’s Why