Net Worth Ranker
What Is Andrew Ross Sorkin’s Net Worth?
Andrew Ross Sorkin, a celebrated American journalist, author, and financial commentator, has accumulated a net worth of approximately $12 million. This financial standing reflects his diverse career spanning journalism, authorship, television production, and entrepreneurial ventures. Sorkin’s net worth is primarily derived from his roles at The New York Times and CNBC, as well as his successful forays into television production. While specific details regarding the allocation of his assets across different investment vehicles are not publicly available, it’s reasonable to assume that his portfolio includes a mix of stocks, bonds, real estate, and other investments.
Career and Financial Highlights
Sorkin’s career trajectory began early, while he was still a student. Even before graduating from Cornell University in 1999 with a Bachelor of Science degree in communications from the College of Agriculture and Life Sciences, he had already contributed extensively to The New York Times as a student intern, publishing 71 articles. He later became the paper’s chief mergers and acquisitions reporter.
In 2001, Sorkin launched DealBook, a daily financial report and newsletter published by The New York Times. While the exact revenue generated by DealBook isn’t publicly disclosed, its consistent publication and prominence within the financial community suggest it contributes significantly to Sorkin’s income. He also co-anchors “Squawk Box” on CNBC, a prominent financial news program. Co-anchoring “Squawk Box” likely provides a substantial annual salary, although the specific figure remains confidential.
Sorkin gained widespread recognition for his book “Too Big to Fail,” published in 2009, which chronicled the events surrounding the 2008 financial crisis. The book’s success led to its adaptation into an HBO film in 2011, for which Sorkin served as a co-producer. His role as co-producer of the HBO film adaptation of “Too Big to Fail” would have generated income through a combination of upfront fees and a share of the film’s profits. Although specific figures are not public, successful HBO films can provide substantial financial rewards to their producers.
Furthermore, Sorkin is the co-creator of the Showtime television series “Billions,” which premiered in 2016. Creating “Billions” would have resulted in significant earnings through creator fees, executive producer fees, and a share of the show’s revenue. A hit show like “Billions” can generate millions of dollars per season for its creators.
Throughout his career, Sorkin has received numerous awards and accolades, including the Gerald Loeb Award for Best Business Book and the Financial Times and Goldman Sachs Business Book of the Year Award. While these awards do not directly translate into financial gains, they enhance his reputation and influence, indirectly contributing to his earning potential.
Real Estate Investments
In 2017, Sorkin sold his co-op apartment in Manhattan for $3.25 million. He had purchased the apartment in 2010 for $2.315 million, realizing a profit of $935,000 on the sale. The three-bedroom co-op was located on the fourth floor of a building on the Upper West Side and featured 10-foot ceilings. The 14-story building, designed by architect Emery Roth, was built in 1925. Prior to selling the co-op, Sorkin purchased another co-op on the West Side for $4.25 million, located on the sixth floor. The exact address of the building and details of the square footage of the property are not publicly accessible. The purchase of the co-op property indicates a strategic investment in a high-value real estate market. These real estate transactions demonstrate Sorkin’s ability to capitalize on market fluctuations and make profitable investment decisions. While precise details of his current real estate holdings remain private, it’s evident that real estate plays a role in his overall wealth accumulation.
Early Life and Education
Andrew Ross Sorkin was born on February 19, 1977, in New York City. Raised in a Jewish household, his father was a playwright, and his mother was a partner at a New York law firm. Sorkin’s upbringing in a family with strong professional backgrounds likely instilled in him a strong work ethic and an appreciation for intellectual pursuits. Sorkin’s formal education began at Scarsdale High School, where he was already involved in journalism during his senior year. He then attended Cornell University’s College of Agriculture and Life Sciences, earning a Bachelor of Science degree in communications by 1999. Sorkin joined the Sigma Phi fraternity during his college years and eventually became its vice president. His involvement in extracurricular activities demonstrates leadership skills and the ability to balance academic and social commitments.
Even before graduating from Cornell University in 1999, Sorkin had already contributed extensively to The New York Times as a student intern, publishing 71 articles.
Career Beginnings
Sorkin’s journalism career began in earnest while he was still a student. During his senior year of high school, he started working as a student intern for The New York Times. Even before graduating from Cornell University, he had already contributed extensively to The New York Times as a student intern, publishing 71 articles.
In 1996, Sorkin spent a summer interning at Businessweek, gaining further experience in business journalism. He also worked in London, writing articles on European business and technology. This international experience broadened his perspective and provided him with valuable insights into global financial markets. By 1999, Sorkin had been named a full-time employee at The New York Times, serving as the paper’s chief mergers and acquisitions reporter. This role positioned him at the forefront of major corporate transactions, providing him with unparalleled access to information and influential figures in the business world.
In 2001, Sorkin created DealBook, a daily financial report that continues to be published by The New York Times. The establishment of DealBook solidified Sorkin’s position as a leading voice in financial journalism. His ability to synthesize complex information and present it in a clear and engaging manner attracted a wide audience of readers and established DealBook as a must-read for Wall Street professionals.
“Too Big to Fail” and Television Ventures
The 2008 financial crisis provided Sorkin with a wealth of material for his writing. He covered the collapse of financial giants such as Bear Stearns and Lehman Brothers. These topics would later form the basis for his book, “Too Big to Fail,” published in 2009 to critical acclaim.
“Too Big to Fail” was adapted into a television film by HBO, which first aired in 2011. Sorkin co-produced the film and even had a cameo role as a reporter. This involvement in the film adaptation provided him with additional income and further elevated his public profile.
Sorkin co-created the show “Billions,” which focuses on the exploits of US Attorney Preet Bharara. It first aired in 2016, adding another successful venture to Sorkin’s portfolio.
Personal Life
Andrew Sorkin married Pilar Queen in 2007, and they have three children. Details about their lifestyle are not publicly available. Andrew Sorkin has coloboma in his left eye, a hole in the structure of the eye that can sometimes make his eyes appear different colors. Specific details of his medical condition have not been publicly disclosed.
