Net Worth Ranker
What Is Eric Bolling’s Net Worth
Eric Bolling, a prominent television news anchor, boasts a net worth of $50 million. His financial success is primarily attributed to his career in television, particularly his time at Fox News and Fox Business, along with earlier success as a commodities trader. Additional income sources include his books and investments in real estate and stocks.
Early Career and Transition to Television
Born on March 2, 1963, in Chicago, Illinois, Eric Bolling’s early life included attending Catholic private schools. He later enrolled at Rollins College in Florida, where he studied economics and played baseball. He obtained a BA in economics in 1984. Bolling was drafted by the Pittsburgh Pirates but had to abandon his baseball aspirations due to a torn rotator cuff. His early financial success began on Wall Street, where he became a commodities trader. He was deeply involved with the New York Mercantile Exchange, becoming a board member and strategic advisor. At his peak, Bolling was reportedly one of the largest independent oil and gas traders on the New York Mercantile Exchange and owned three seats at the IPO when the exchange went public in 2007.
Bolling’s transition to television began with CNBC, where he appeared as a panelist on “Fast Money.” In 2008, he joined the Fox Business Network, initially as a financial analyst. He co-hosted “Happy Hour” with Cody Willard and Rebecca Diamond, followed by “Follow the Money with Eric Bolling” and “Cashin’ In.” He also co-hosted shows like “The Five” during his tenure.
Fox News Career
During his time at Fox News, Eric Bolling became known for his strong opinions and outspoken support of Donald Trump. This association began after they met on the set of “The Apprentice” in the 2000s. While there were discussions about Bolling potentially joining the US Department of Commerce under the Trump administration, he decided to remain at Fox. His Fox News career, marked by hosting “Cashin’ In” and appearances on “The Five,” “Fox News Specialists,” and others, was cut short in 2017 following accusations of workplace sexual harassment. Although Bolling denied the allegations, which included claims of sending nude pictures to female colleagues, he and Fox News parted ways. Subsequently, Bolling filed a $50 million defamation lawsuit against the author of the “HuffPost” article that detailed the accusations.
Post-Fox News Career
Following his departure from Fox News, Eric Bolling continued his media career with networks like TheBlaze and Newsmax TV. He hosted “America” on Blaze Media and “America This Week” on Sinclair Broadcast Group starting in 2019. On Newsmax TV, from July 2021 to May 2024, he hosted “Eric Bolling The Balance”.
Real Estate Investments and Transactions
Eric Bolling’s real estate portfolio has seen several notable transactions. In 2005, Eric and his wife purchased an oceanfront home in Branch Beach, New Jersey, for $2 million. This property, featuring 3,100 square feet of living space and 75 feet of beachfront, was listed for sale in 2018 for $3.2 million and ultimately sold in September 2019 for $2.65 million. In 2016, the couple acquired a condo in Bergen County, New Jersey, located on the Alpine Country Club golf course, for $1.8 million. After extensive renovations, the four-bedroom condo was sold in December 2020 for $2.25 million. More recently, in December 2021, Eric and Adrienne purchased a home in Boca Raton, Florida, for $4.62 million. They initially listed this property for sale in June 2022 for $6.8 million but later removed the listing.
These transactions underscore Bolling’s strategic approach to real estate investment. His investments include both residential properties in New Jersey and Florida, reflecting an interest in high-end real estate markets. The sale of properties in Branch Beach and Bergen County, New Jersey, at prices significantly above their purchase values demonstrates a keen eye for property improvement and market timing. The initial listing of the Boca Raton property for $6.8 million further indicates his ability to assess property values and capitalize on market trends, even though the property was ultimately taken off the market.
Commodities Trading Success
Eric Bolling’s success as a commodities trader on Wall Street laid a strong foundation for his net worth. He became heavily involved with the New York Mercantile Exchange, eventually serving as a board member and strategic advisor. He rose to become one of the largest independent oil and gas traders on the New York Mercantile Exchange. His position as a lead board member during the exchange’s IPO in 2007 and his ownership of three seats at the IPO provided significant financial gains. Bolling’s deep understanding of the commodities market and strategic investments contributed significantly to his financial portfolio.
His transition from a baseball prospect to a successful commodities trader demonstrates his adaptability and strategic thinking. His involvement with the New York Mercantile Exchange was pivotal in his career, providing him with a platform to build wealth through strategic trading and investments. His advisory role and ownership stake in the exchange’s IPO further solidified his financial standing.
Additional Ventures
Apart from his television and trading careers, Eric Bolling has also ventured into writing, with books like “Wake Up America” adding to his income. Details regarding specific royalties or sales figures are not publicly available.
Personal Life
Eric Bolling married Adrienne in 1997. Their son tragically passed away from a drug overdose on September 8, 2017, the same day Bolling was terminated from Fox News.
Eric Bolling’s Net Worth: Summary
Eric Bolling’s $50 million net worth reflects a diversified career that includes successful stints in commodities trading, television broadcasting, and real estate investments. His background in economics, combined with his strategic approach to financial opportunities, has solidified his status as a wealthy media personality.
Bolling’s real estate transactions, for instance, showcase his ability to identify and capitalize on market trends. The purchase and subsequent sale of properties in New Jersey demonstrate a keen eye for property improvement and timing. These transactions, combined with his earlier success as a commodities trader, underscore his strategic approach to wealth accumulation. While specific details about his stock investments are not available, his overall financial decisions demonstrate a commitment to diversifying his income streams and maximizing his financial gains.
