Net Worth Ranker
What Is Lawrence Alan Kudlow’s Net Worth?
Lawrence Alan “Larry” Kudlow, an American conservative economist, television personality, and newspaper columnist, has accumulated a net worth of $5 million. This figure reflects his diverse career spanning media, economics, and public service.
Financial Overview and Earnings
According to his financial disclosure from September 2019, Larry Kudlow’s stock holdings and other liquid assets amounted to a minimum of $2 million. It is important to note that this disclosure did not encompass illiquid assets such as personal real estate. His earnings included approximately $800,000 per year from his role at CNBC. In addition to his CNBC income, Kudlow earned an additional $100,000 to $200,000 annually through paid speaking engagements and consulting work.
Early Career and Education
Born on August 20, 1947, in New Jersey, Lawrence Alan Kudlow’s educational journey began at the private Elizabeth Morrow School and Dwight-Englewood School. He then pursued higher education at the University of Rochester, where he earned a degree in history in 1969. These formative years laid the groundwork for his future endeavors in economics and media. In 1970, he contributed to Joseph Duffey’s US Senate Campaign, alongside figures like Bill Clinton, John Podesta, and Michael Medved. Furthering his academic pursuits, he entered the Woodrow Wilson School of Public and International Affairs at Princeton University in 1971, focusing on politics and economics.
From Economist to Media Personality
Kudlow’s early career included a stint as a staff economist at the Federal Reserve Bank of New York. In 1970, he entered politics joining the administration of President Richard Nixon as a junior economist. In 1987, Larry Kudlow joined Bear Stearns as its chief economist and senior managing director. His tenure at Bear Stearns ended in 1994. He then transitioned into roles such as economic counsel to A.B. Laffer & Associates, board member of Empower America, and consulting chief economist for American Skandia Life Assurance, Inc., a subsidiary of Prudential Financial. His written contributions also extended to numerous US magazines like the National Review. From 2001 to 2018, Larry Kudlow contributed to and hosted various CNBC shows, gaining widespread recognition. From 2002 to 2005 he co-hosted “Kudlow & Cramer” alongside Jim Cramer. After Cramer’s departure in 2005 to host “Mad Money”, the show was renamed “The Kudlow Report” and continued until 2014.
Director of the National Economic Council
In March 2018, Larry Kudlow was appointed as the Director of the National Economic Council by President Donald Trump. In this role, his annual salary was $185,000. During his tenure, he played a key role in coordinating the administration’s economic policy and providing economic advice to the president, serving until the end of the Trump administration in January 2021.
Post-Government Career and Continued Media Presence
After leaving the White House, Larry Kudlow returned to the world of broadcasting, taking on the role of hosting “Kudlow” on Fox Business Network. He continues to share his economic insights and provide commentary on current economic and political issues.
Real Estate Holdings
In 1987, Larry Kudlow invested $606,000 in a 3.4-acre property located in Redding, Connecticut. This property includes a 6,000-square-foot home. The estimated current value of this property is around $2 million, reflecting its appreciation over the years.
Authorial Works
As an author, Larry Kudlow has penned the books “American Abundance: The New Economic & Moral Prosperity,” and “Tide: Why Tax Cuts Are the Key to Prosperity and Freedom.” These works reflect his perspectives on economics and prosperity.
