Rachael Ray, a renowned Food Network chef who has amassed an estimated net worth of $60 million, is currently making headlines after a report emerged that her show is getting cancelled. According to the story found in the pages of satirical tabloid, National Enquirer, which is also criticized for its false content, Ray's "The Rachael Ray Show" is allegedly getting axed, claiming "there's no hope for saving her show."
Best known for her cooking shows, Rachael Ray's fans seemed to be getting interested in her net worth value as her show was reportedly dropped. According to Celebrity Net Worth, she has amassed $60 million from her cooking shows, "30 Minute Meals," "Rachael Ray's Tasty Travels" and "$40 A Day." It was also further boost by her own magazine, "Every Day with Rachael Ray" and her several books. She also has a talk show, "Rachael Ray," which has been widely successful.
Now, Rachael Ray's net worth appears to be decreasing soon amid her show's cancellation reports. But the 47-year-old celebrity chef has remained unfazed with the speculations regarding her show. In fact, "The Rachael Ray Show" recently paid a visit to Detroit and surprised Downtown Boxing Gym with some big gifts as part of an entire episode shot at the gym. MLive reported that Ray brought along living legend Evander Holyfield and retired undefeated boxer Laila Ali to surprise the boxing gym coach Khali Sweeney and some of the kids.
Among Rachael Ray's surprise gifts to Downtown Boxing Gym, which uses the sport as a tool to get kids on the right track with school, are: a totally renovated lunchroom and kitchen designed by HGTV's John Gidding, complete with new appliances and furniture and a $25,000 donation from ConAgra Foods. Ray also gave cooking lesson in the new space.
Meanwhile, Rachael Ray, whose net worth is a whopping $60 million, would not be worrying about a declining fortune soon after Gossip Cop slammed National Enquirer's report. The celeb news site said that a rep told them that "The Rachael Ray Show" is not getting cancelled.
"This story is absolutely not true and their sources are inaccurate," a CBS Television Distribution spokesperson told the news outlet after the an alleged tabloid source claimed, "She's been secretly told by her bosses at CBS Television that her syndicated cooking and gabfest show will not be renewed because her ratings have fallen drastically over the past two seasons. But that's the only renewal Rachael will get this year."
The outlet further urged the readers of the tabloid to ditch their subscriptions since the reports they are running are non-factual. They also cited the fact that $60 million net worth-earner chef Rachel Ray remains to be in-demand, both as a TV personality and as a chef.
© 2017 Jobs & Hire All rights reserved. Do not reproduce without permission.
