How much money does Lou Dobbs have now that his show on Fox Business has been canceled?
After Fox News canceled Dobbs’ show, Lou Dobbs Tonight, his net worth and earnings suffered.
- Date of Birth Sep 24, 1945
- Age 76 Years, 4 Months
- Nationality American
- Birth Place Childress County, Texas, United States
- Profession Journalist
- Relationship Status Married
- Wife/Spouse Debi Segura (M. 1982)
- Ex-Wife Kathy Wheeler (M. 1867-1981)
- Net Worth $16 Million
- Father Frank Dobbs
- Mother Lydia Mae
- High School Minico High School
- College Harvard University
- Height/ How Tall? 6 Feet and 2 Inches
- Hair Color Brown
- Eye Color Brown
- Salary $5 Million
- Awards ACE Awards For Extended News or Public Affairs Coverage
- Nominees CableACE Award For Business or Consumer Programming Special or Series
- Son/s Chance Dobbs, Jason Dobbs
- Daughter/s Hillary Dobbs, Michelle Dobbs, Heather Dobbs, Buffie Dobbs
- Children/Kids 6
Lou Dobbs Tonight, a popular self-titled program hosted by Lou Dobbs, was canceled by Fox Business Network in February 2021.
The cancellation came as a shock, as Dobbs had closed his final episode with his standard appeal, “Join us here tomorrow” and “See you then.” The promised ‘tomorrow’ never arrived, since the show was canceled by Fox News media on February 5, 2021.
The announcement stunned everyone, including Dobbs’ fans and other media outlets, because he was one of television’s highest-rated hosts, with a show that had been running smoothly since 1980. However, the network offered no explanation for the cancellation other than that it was part of its post-election programming plans.
While the network remained tight-lipped about the reason for the cancellation, many speculated that it had something to do with his involvement in a $2.7 billion defamation case. Smartmatic, a voting software business, had filed a defamation suit against Fox News and its three anchors, Maria Bartiromo, Jeanine Pirro, and Lou Dobbs, just one day before his show was canceled.
The network and Dobbs, a Trump supporter, were accused by the company of propagating false information about their participation in the election. However, Fox News declined to comment on whether this was the real cause for the abrupt cancellation.
Despite the show’s cancellation, Dobbs is still employed by Fox News. The Harvard graduate, on the other hand, is unlikely to feature on the network.
He expressed his displeasure with the show’s decision by retweeting posts from his followers criticizing or opposing Fox’s recent moves.
Dobbs’ net worth and salary were definitely impacted by Fox News’ decision to stop his well-known program.
CNN is also a part of his resume
Dobbs, who was born on September 24, 1945, has worked in journalism for nearly four decades.
KBLU and KING-TV were among the radio news networks where the conservative pundit began his career as a reporter and anchor.
Ted Turner approached him in 1979, during CNN’s formative years, and invited him to join the fledgling media organization. By 1980, he had risen to the position of chief economics correspondent. In 2001, he became the host of Moneyline, a business news program.
Later, he left CNN to launch the astronomical news website Space.com, but he returned to host the news program Lou Dobbs Tonight. In 2009, however, Dobb’s viewers were taken aback when he abruptly resigned from CNN.
His departure was said to be due to a squabble with the management staff. He returned to radio after CNN and broadcast his nationally syndicated show for three years, from 2009 to 2012.
Meanwhile, after a tumultuous departure from CNN, he quickly joined a competing network. In 2010, he returned to the workplace as the host of Lou Dobbs Tonight on Fox News Network, just a year after quitting CNN.
Lou Dobbs’ net worth is estimated to be in the millions of dollars.
His employment on famous news networks such as CNN and Fox News earned him not only fame but also a sizable pay, increasing his net worth.
He has a net worth of $20 million and a salary of $5 million, according to Celebrity Net Worth.
He has a 300-acre horse property and a $1.2 million mansion on Eagle Terrace in West Palm Beach’s Ibis Golf & Country Club. He and his wife, Debi Segura, reside on their farm.
He is also the author of 11 novels, including “The Next Business Frontier,” “Upheaval,” and “Putin’s Gambit: a Novel.”
The National Academy of Television Arts and Sciences has honored the political pundit with the George Foster Peabody Award and the Emmy Award for Lifetime Achievement.