Larry Kudlow, a prominent American conservative economist, television personality, and newspaper columnist, has seen a remarkable financial trajectory throughout his career. His net worth has steadily risen, reaching an estimated $15 million as of 2023. Let’s delve into the details of Larry Kudlow’s financial journey, exploring key aspects of his wealth accumulation.
Larry Kudlow Net Worth [Year]
Larry Kudlow’s financial ascent has been consistent over the years. As of 2023, his net worth stands at an impressive $15 million. This figure marks a notable increase from his net worth in preceding years—$14 million in 2022, $13 million in 2021, $12 million in 2020, and $11 million in 2019.
Born on August 20, 1947, in New Jersey, Lawrence Alan “Larry” Kudlow’s journey into economics started with a degree in history from the University of Rochester in 1969. His career kicked off as a staff economist at the Federal Reserve Bank of New York, and he later joined the administration of President Richard Nixon in 1970.
In 1987, Kudlow became Bear Stearns’ chief economist and senior managing director. However, his tenure ended in 1994 due to struggles with cocaine addiction. Despite this setback, Kudlow continued to contribute significantly to the field of economics.
He served as the economic counsel to A.B. Laffer & Associates, contributed to US magazines like the National Review, and held positions on various boards and in consulting roles.
How Much is Larry Kudlow’s Worth?
Larry Kudlow is an American conservative economist, television personality and newspaper columnist who has a net worth of $15 million.
From 2001 to 2018, Larry Kudlow made a substantial impact on CNBC, hosting and contributing to various shows. Notably, he co-hosted “Kudlow & Cramer” with Jim Cramer from 2002 to 2005. After Cramer’s departure, their show was renamed “The Kudlow Report” and ran until 2014.
In March 2018, President Donald Trump appointed Larry Kudlow as the Director of the National Economic Council. In this influential role, Kudlow played a key part in shaping economic policies, advocating for tax cuts, and supporting deregulation. His tenure lasted until January 2021, during which he consistently backed Trump’s economic strategies.
Following his time in the White House, Kudlow returned to broadcasting, hosting “Kudlow” on Fox Business Network. Here, he continues to share his economic insights and commentary on current economic and political issues.
Larry Kudlow’s income streams have been diverse. While at CNBC, he earned a substantial salary of $800 thousand per year. His role as the Director of the National Economic Council came with a salary of $185,000. Additionally, Kudlow earned income from paid speeches and consulting work, as revealed in his September 2019 financial disclosure.
In 1987, Kudlow invested in a 3.4-acre property in Redding, Connecticut, purchasing it for $606,000. The property, featuring a 6,000 square foot home, is estimated to be worth around $2 million today.
Conclusion
Larry Kudlow’s journey from his early career in economics to becoming a trusted economic adviser reflects not only in his professional accomplishments but also in his growing net worth.
With a diverse career spanning economic consultancy, media hosting, and government service, Kudlow’s financial success is a testament to his expertise and influence in the economic landscape. In 2023, Larry Kudlow stands at a net worth of $15 million, showcasing the financial rewards of a career dedicated to economics and public service.