Matt Lauer Net Worth: Biography & Source of Income (2024)

Matt Lauer, the former “Today” show host, has an estimated net worth of around $80 million. His wealth primarily stems from his long career in broadcast journalism, including a lucrative contract with NBC. Lauer’s earnings peaked at $25 million annually before his 2017 dismissal due to misconduct allegations. He also owns multiple luxury properties, contributing to his net worth. Despite his career downfall, Lauer’s real estate investments remain a significant asset.

Quick Intro of Matt Lauer

AttributeDetails
Full NameMatthew Todd Lauer
Nick NameMatt Lauer
Date of BirthDecember 30, 1957
Age66 Years
NationalityAmerican
ProfessionFormer Television News Anchor, Journalist
Business VenturesReal estate investments
CompanyNBC (until 2017)
Role in StartupsNo significant roles in startups
Public SpeakingLimited appearances after his dismissal

Who is Matt Lauer?

Matt Lauer is an American television journalist best known for his role as co-host of NBC’s Today show, a position he held from 1997 to 2017. He became a household name for his interviews and coverage of major news events. However, in 2017, Lauer was fired from NBC following allegations of inappropriate sexual behavior in the workplace, which he has denied. His fall from grace was part of the larger #MeToo movement, significantly impacting his career. Lauer has since maintained a low profile, staying out of the public eye.

Source of Income for Matt Lauer

  • Television Hosting
  • Real Estate
  • Endorsements and Sponsorships
  • Book and Media Deals

Television Hosting

  • NBC’s “Today” Show: Matt Lauer was one of the main anchors on the “Today” show from 1997 until 2017, earning substantial salaries during his tenure. At the peak of his career, he was reportedly making $20 million per year.
  • Special Projects and Interviews: In addition to his regular hosting duties, Lauer hosted high-profile interviews and specials for NBC, which added to his income.

Real Estate

  • Lauer has invested in luxury real estate, owning several high-value properties in locations like the Hamptons, New York City, and New Zealand. These properties not only appreciate over time but can also generate rental income or profits from sales. For example, his Hamptons property has been on and off the market for significant sums.

Endorsements and Sponsorships

  • While Lauer was a prominent media figure, he also had opportunities for endorsements and partnerships, contributing to his overall income. However, after his public firing in 2017 following allegations of sexual misconduct, these opportunities dwindled.

Book and Media Deals

  • Lauer’s career has made him a potential candidate for book deals, interviews, or other media opportunities, although post-scandal, such ventures may have been limited.

Severance and Settlements

  • After his departure from NBC, it is believed that Lauer may have received a severance package or financial settlements, although details about these arrangements were never fully disclosed.

Matt Lauer Net Worth (Last 9 years Growth)

YearRevenue (Net Worth)
2024$80 million
2023$72 million
2022$65 million
2021$55 million
2020$44 million
2019$35 million
2018$18 million
2017$15 million
2016$10 million

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Where Did Matt Lauer Spend His Earnings?

Matt Lauer spends her money in several notable ways:

Real Estate Investments

  • Hamptons Property: Lauer owned a massive 25-acre estate in the Hamptons, known as “Strongheart Manor.” He purchased the property from actor Richard Gere for around $36.5 million in 2016. The estate includes multiple homes, a private beach, and luxurious amenities.
  • New Zealand Farm: Lauer also bought a farm in New Zealand’s South Island for $9 million in 2017. This property faced controversy after Lauer’s career scandal because of New Zealand’s foreign ownership laws, which require owners to be of good character.
  • Manhattan Apartment: Lauer had a Manhattan apartment, which he reportedly sold for $7.35 million in 2018.
  • Other Properties: His real estate portfolio also includes other homes in Sag Harbor, NY, and properties acquired during his marriage to Annette Roque.

Divorce Settlement

Lauer’s divorce from Annette Roque in 2019 reportedly involved a substantial financial settlement. His ex-wife is said to have received a large portion of his wealth, including some of their real estate properties, in their multi-million dollar divorce settlement.

Charitable Donations

Lauer has made several charitable contributions over the years, particularly during his tenure at NBC. He was involved in various charitable initiatives, including NBC’s Today show’s annual Red Nose Day event, where he helped raise money for children in need.

Luxury Goods and Lifestyle

Lauer was known for living a lavish lifestyle, which included private jets, expensive cars, and high-end vacations. He often spent his money on luxury items and was spotted frequently in exclusive destinations and high-end events.

Post-Scandal Life

Since Lauer’s 2017 firing from NBC amid sexual misconduct allegations, he has kept a low profile. His financial situation was impacted by the loss of his high-paying job and public persona. However, his substantial investments, especially in real estate, ensure he still maintains significant wealth despite no longer being in the public eye.

Timeline of Matt Lauer Career Highlights

Here is the timeline of Matt Lauer career growth:

Early Career (1990–1996)

  • 1990: Matt Lauer began his broadcasting career at WWOR-TV in New York as a news anchor and reporter.
  • 1992: He joined NBC and started working as a co-anchor for the Today in New York program, showcasing his early skills in morning television.
  • 1994: Lauer became a co-host for the NBC morning show “The Today Show”, initially serving as a substitute anchor.
  • 1996: He was officially named co-anchor of “The Today Show” alongside Katie Couric, marking the beginning of a highly successful partnership.

Rise to Prominence (1997–2015)

  • 1997: Lauer and Couric received a Daytime Emmy Award for Outstanding Morning Program for their work on “The Today Show.”
  • 2000: Lauer began conducting exclusive interviews with prominent figures, including politicians, celebrities, and athletes, solidifying his reputation as a top interviewer.
  • 2006: He was awarded the Edward R. Murrow Award for his contribution to journalism.
  • 2008: Lauer covered major events, including the 2008 Summer Olympics in Beijing, gaining international recognition for his work.
  • 2012: He became a key figure in NBC’s coverage of the 2012 Summer Olympics in London, further establishing his credentials as a leading broadcaster.
  • 2015: After nearly two decades on “The Today Show,” Lauer faced growing scrutiny regarding his interviewing style and the show’s ratings. He was part of the show’s effort to revamp its format.

Controversy and Departure (2017)

  • November 29, 2017: NBC announced Lauer’s firing due to allegations of sexual misconduct, a significant event that led to widespread media coverage and discussions about workplace behavior in the broadcasting industry.

Post-NBC Career (2018–2024)

  • 2018: Following his departure from NBC, Lauer issued a public apology, acknowledging his mistakes and the impact of his actions on others.
  • 2019: He largely stepped away from the public eye, focusing on his family and personal life while reflecting on his career and the circumstances of his exit from NBC.
  • 2020–2024: Lauer made occasional headlines, but primarily stayed out of the spotlight. He was reported to be working on personal projects and engaging.

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Matt Lauer Social Media Accounts

AccountsFollowersLinks
Instagram11khttps://www.instagram.com/mattlauer/?hl=en
Twitter2 millionhttps://twitter.com/mattlauer

Final Remarks

Matt Lauer’s net worth, estimated at around $80 million, reflects a successful career in television, marked by significant achievements and subsequent controversies. While his financial standing is still considerable, the allegations of sexual misconduct have undoubtedly affected his public image and professional opportunities. As the media landscape continues to evolve, it will be interesting to see if Lauer can find a way to reinvent himself and rebuild his career in the future.

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