Net Worth Ranker
What Is Michael Gelman’s Net Worth?
Michael Gelman, a prominent American television producer, has amassed a significant net worth of $20 million. His financial success is primarily attributed to his long-standing role as the executive producer of the “Live” franchise, including “Live with Kelly and Ryan,” “Live with Regis and Kathie Lee!,” “Live with Regis and Kelly,” and “Live with Kelly and Michael.”
Michael Gelman’s Career and Salary Details
Gelman’s career trajectory began after graduating with a broadcast production management degree from the University of Colorado School of Journalism. During his time there, he gained practical experience covering pre-Olympic trials for the U.S. Ski Association, serving as an editor, field producer, and cameraman. Further bolstering his resume, Gelman interned at WABC-TV in New York during his junior year.
Gelman started producing the show when it was “Live With Regis and Kathie Lee!.” He has also produced versions of the show with Regis Philbin, Regis and Kelly Ripa, and Kelly. He is often mentioned and featured on the program. In 2005, he appeared on Kelly Ripa’s series Hope & Faith, and he also appeared on an episode of Spin City in 2000. Gelman has appeared as a guest expert on Who Wants to Be a Millionaire, a judge on Iron Chef America, and on episodes of Hollywood Squares. He has been parodied on Saturday Night Live and The Dana Carvey Show.
His role as executive producer of the “Live” franchise is his primary source of income. Michael Gelman’s salary is reported to be $5 million per year. This substantial income reflects his pivotal role in the show’s enduring success and high ratings over the years.
Michael Gelman’s Real Estate Portfolio
Michael Gelman and his wife, Laurie Hibberd, maintain a real estate presence in New York. In New York City, the couple owns a 4-bedroom apartment spanning 2,500 square feet. Their real estate holdings extend to the Hamptons, where they own a 5,600-square-foot home, purchased in 2004 for $2.3 million. As of today, this Hamptons property is estimated to be worth $9 million, demonstrating a significant appreciation in value over the years.
