Net Worth Ranker
What Is Erin Burnett’s Net Worth?
Erin Burnett, a prominent American news anchor, has accumulated a substantial net worth of $20 million. This wealth is a result of her successful career in journalism, particularly her long-standing role at CNN and previous positions at CNBC and Bloomberg Television. A significant portion of her net worth is derived from her salary as a news anchor, coupled with potential investments and assets acquired over the years.
Career Trajectory and Earnings
Burnett’s career began with a foundation in finance, starting at Goldman Sachs in the mergers and acquisitions division. Following this, she transitioned to CNN, initially as a writer and guest analyst booker for the show “Moneyline.” She then advanced to Citigroup as Vice President of CitiMedia. Her move to television began at Bloomberg, where she hosted “Bloomberg on the Markets” from 2003 to 2005.
In 2005, Burnett joined CNBC, hosting “Street Signs” (2005–2011) and co-anchoring “Squawk on the Street” (2005–2011). Her presence significantly boosted the ratings of both shows. In May 2011, Burnett left CNBC and joined CNN. Shortly after, she began anchoring her own prime-time news show, “Erin Burnett OutFront,” which remains her primary role. Besides her anchoring duties, she serves as CNN’s Chief Business and Economic Correspondent.
Burnett’s annual salary at CNN is $6 million, making her one of the higher-paid news anchors in the industry. This salary reflects her experience, popularity, and the value she brings to the network. In addition to her salary, Burnett has also earned income from appearances on other programs, such as NBC’s “The Apprentice” from 2008 to 2010, where she served as an advisor to Donald Trump. She also had a cameo role in the 2013 film “The Incredible Burt Wonderstone,” though the financial gains from this role are likely minimal.
Early Life and Education
Erin Isabelle Burnett was born on July 2, 1976, in Mardela Springs, Maryland. She spent her formative years in a supportive family environment, with her mother, Esther, and father, Kenneth, who worked as a corporate attorney. She grew up alongside her older sisters, Mara and Laurie. Burnett’s early education took place at St. Andrew’s School, a boarding school in Delaware, where she completed her high school studies in 1994.
After graduating from St. Andrew’s, Burnett enrolled at Williams College in Massachusetts. During her time there, she participated in sports such as field hockey and lacrosse. Academically, she focused on economics and political science, earning a Bachelor of Arts in political economy in 1998. Her educational background in these fields laid a solid foundation for her future career in financial journalism.
Career at CNN
Burnett’s transition to CNN marked a significant milestone in her career. Her show, “Erin Burnett OutFront,” quickly became a key component of CNN’s prime-time lineup. The program covers a wide range of topics, including politics, business, and international affairs, often featuring in-depth interviews and investigative reports. Burnett’s ability to present complex information in a clear and engaging manner has contributed to the show’s success.
As CNN’s Chief Business and Economic Correspondent, Burnett provides analysis and commentary on economic trends and financial markets. She has moderated significant political events, including the 2020 Democratic Presidential Primary Debate, as well as town halls with prominent figures like Joe Biden and Kamala Harris. Her role extends to producing and anchoring documentaries, such as “City of Money & Mystery” (2008), “India Rising: The New Empire” (2008), and “Dollars & Danger: Africa, The Final Investment Frontier” (2009). These documentaries showcase her commitment to covering important global issues.
Personal Life and Real Estate
Erin Burnett married Citigroup executive David Rubulotta on December 21, 2012. Their relationship began nine years earlier, after meeting on a blind date. Together, they have three children: son Nyle, born on November 29, 2013; daughter Colby, born on July 18, 2015; and son Owen, born on August 20, 2018. Burnett manages to balance her demanding career with her family life.
Burnett and her family reside in a 2-bedroom, 2.5-bathroom apartment in New York City. The apartment includes a breakfast bar, marble bath, and hardwood floors. The building offers amenities such as a fitness club and swimming pool. When last listed on the rental market, the apartment was priced at $13,200 per month. While this doesn’t represent a property asset in her name, it reflects the lifestyle afforded by her high income and contributes to the overall picture of her financial status.
Legal Matters
In 2019, Burnett and WarnerMedia were sued by Guo Wengui, a Chinese billionaire and fugitive, for $50 million. The lawsuit was filed after Burnett referred to Guo as a spy on the July 23, 2019, episode of “Erin Burnett OutFront.” The defamation lawsuit alleged that CNN misled viewers with false statements when Burnett said, “New tonight, the Chinese billionaire and member of Mar-a-Lago accused of being a spy” during the broadcast. The outcome of this legal case could potentially impact Burnett’s net worth and reputation, depending on the court’s decision.
Financial Analysis and Net Worth Summary
Erin Burnett’s net worth of $20 million is primarily composed of her earnings from her career in television journalism, particularly her role as a news anchor at CNN. Her annual salary of $6 million contributes substantially to her wealth. While specific details of her investment portfolio are not publicly available, it is reasonable to assume that she has diversified investments in stocks, bonds, and other financial instruments to secure her financial future.
Burnett’s career trajectory, from her early days in finance to her current position as a prominent news anchor, reflects her ambition, talent, and dedication to her profession. Her ability to adapt to different roles and media platforms has allowed her to achieve financial success and establish herself as a respected figure in the news industry. Her net worth is a testament to her hard work and strategic career choices.
In summary, Erin Burnett’s net worth is a result of her successful career as a news anchor and journalist. Her annual salary, combined with potential investments and assets, has allowed her to accumulate a significant level of wealth. Her career highlights, personal life, and real estate holdings all contribute to the overall picture of her financial status.
Additional Career Highlights
Beyond her regular anchoring duties, Erin Burnett has undertaken numerous special assignments and projects that have added to her professional experience and visibility. She has reported from various locations around the world, covering significant events and providing in-depth analysis of complex issues. Her reporting has taken her to countries such as India, where she explored the country’s growing economic power, and to Africa, where she examined the challenges and opportunities for investment in the region.
Burnett’s investigative journalism has also garnered recognition. In 2010, her report on Transammonia’s business dealings with Iran led to the company agreeing to cease its operations in the country. This report earned her an Emmy nomination the following year, highlighting her commitment to holding powerful entities accountable. Her work in this area demonstrates her dedication to journalistic integrity and her willingness to tackle challenging topics.
In addition to her television work, Burnett has also made appearances in other media. Her role as an advisor on NBC’s “The Apprentice” provided her with exposure to a broader audience and allowed her to showcase her business acumen. Her cameo in “The Incredible Burt Wonderstone” demonstrated her willingness to explore different avenues and engage with popular culture. These diverse experiences have contributed to her overall profile and enhanced her brand as a versatile and engaging media personality.
Financial Investments and Assets
While specific details of Erin Burnett’s financial investments are not publicly available, it is likely that she has a diversified portfolio that includes stocks, bonds, real estate, and other assets. As a seasoned financial journalist, she would be well-versed in investment strategies and risk management. It is reasonable to assume that she has sought the advice of financial professionals to manage her wealth effectively.
In addition to her investments, Burnett’s assets likely include her personal residence in New York City. While she currently rents her apartment, she may also own other properties or real estate holdings. The value of these assets would contribute to her overall net worth. Her financial decisions are likely guided by a long-term perspective, with a focus on building and preserving wealth for herself and her family.
Burnett’s financial success is a result of her hard work, talent, and strategic career choices. Her ability to navigate the complex world of media and finance has allowed her to achieve a high level of financial security. Her net worth is a testament to her achievements and her commitment to her profession.
