What is Chris Cuomo's net worth? A look into his assets after being fired by CNN
On Saturday, December 4, CNN announced that anchor Chris Cuomo has been "terminated" by the network, "effective immediately". In their official statement, CNN further noted, "While in the process of that review, additional information has come to light. Despite the termination, we will investigate as appropriate."
It is believed that his defending of brother and former New York governor Andrew Cuomo amid raging complaints of sexual harassment, is what cost his coveted job. He himself has also been accused of sexual misconduct by a former colleague. The embattled anchor is now planning to sue CNN for the remaining money under his $18 million contract with the network. On December 6, sources revealed that Chris is preparing to file a lawsuit after the network balked at paying him. But given that he's been booted under a cloud of scandal, it appears CNN doesn't want to cough up.
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In 2020, he signed a fresh four-year deal that was worth $6 million annually. That means, he's still got three years, and $16 million more to receive. However, amid the ongoing internal probe on his sexual misconduct allegation, it remains to be seen whether Cuomo can avail the remaining money without a hassle.
His present net worth is estimated to be around $12 million, most of which was amassed following his unprecedented success with 'Cuomo Prime Time'. The younger son of late politician Mario Cuomo, Chris Cuomo has risen to the ranks of a celebrity journalist due to his brilliant journalism.
Chris Cuomo and his wife Cristina own a seven-room house in Park Avenue which they bought for $2.9 million back in 2001. Before that, he was the owner of the $1.3 million home in Southampton, New York, which spanned over an area of 3000 square foot.
A Yale graduate, Cuomo later earned a law degree from the Fordham University of Law and even worked as a lawyer for a brief period. He later shifted toward becoming a political advisor, before becoming a journalist. He has been awarded a Daytime Emmy award and an Emmy for News & Documentary, alongside eight more Emmy nominations. During his time on 'Good Morning America', he covered the news of 12-year-old poet Mattie Stepanek which earned him the prestigious News & Documentary Emmy. Chris Cuomo is also a proud recipient of coveted journalism awards like Edward R. Murrow, Polk, and Peabody awards.
Following his termination, Chris Cuomo issued a statement saying, “This is not how I want my time at CNN to end but I have already told you why and how I helped my brother. So let me now say as disappointing as this is, I could not be more proud of the team at Cuomo Prime Time and the work we did as CNN’s #1 show in the most competitive time slot. I owe them all and will miss that group of special people who did really important work."