Stephen A. Smith is a famous television personality, journalist, and sports commentator. He is well-known for his outspoken nature, charismatic personality, and bold opinions. Stephen Smith net worth is unique and has been steadily increasing over the years. This article showcases Stephen Smith’s net worth in 2023 and how he has amassed his wealth.
Summary of Stephen Smith’s Biography
- Date of Birth: October 14, 1967 (55 years old)
- Place of Birth: New York City
- Gender: Male
- Height: 6 ft (1.85 m)
- Nationality: United States of America
- Profession: Talk show host, Sports commentator, Journalist, Presenter, Basketball player
- Salary: $8 Million
- Stephen Smith Net Worth: $20 million
Early Career and Rise to Fame
Stephen A. Smith was born in the Hollis section of Queens in New York City on October 14, 1967. He graduated from the Fashion Institute of Technology in New York City with a Bachelor of Science in Fashion Merchandising. However, Stephen’s passion for journalism and sports led him to pursue a career in sports broadcasting.
Stephen A. Smith started his early career as a journalist with the Winston-Salem Journal. At Winston-Salem Journal, Stephen covered high school basketball games in North Carolina. From there, Stephen was a reporter for The Greensboro News & Record. Also, Stephen was a radio host at WEPN-FM.
Stephen’s move to ESPN and rise to fame as a Sports Commentator
In 2005, Stephen A. Smith joined ESPN as an NBA analyst on various shows such as SportsCenter and NBA Shootaround. Due to his sharp wit, sense of humor, and outspoken personality, Smith immediately became popular among viewers and gained significant media attention.
Critical moments in Stephen’s career
2011 marked a turning point for Stephen A. Smith’s career when he became an anchor on ESPN’s First Take alongside Skip Bayless. Their heated debates about various sports topics attracted millions of viewers daily and turned First Take into one of the most-watched sports talk shows on television. This moment has also significantly impacted Stephen Smith net worth.
In addition to ESPN programs such as SportsCenter and First Take, Smith has also made appearances on other shows such as General Hospital (ABC) Pardon The Interruption (ESPN), Lou Dobbs Tonight (CNN), Hannity (Fox News), The Colbert Report (Comedy Central) among many others. Overall, Smith’s extensive knowledge and expertise in the sports world have made him a highly respected voice in the industry and contributed significantly to his rise to fame.
Stephen Smith Net Worth
Smith’s net worth is approximately $20 million. Despite not being an athlete, Stephen Smith has proved he can earn as much as some of the biggest names in sports commentary.
Much of Smith’s income comes from his work at ESPN. At ESPN, Stephen hosts various shows and features as a commentator and analyst on various programs. Also, Stephen Smith has written several books that have positively impacted his net worth till now.
However, Stephen Smith earns income from appearing on talk shows, hosting events, and public speaking engagements.
Investments and Business Ventures
Stephen Smith has made various investments throughout his career that have contributed to his net worth. One of Smith’s first investments was a stake in a local Philadelphia radio station, WIP-AM. Smith has also invested in a production company that produces television shows and movies.
At ESPN, Smith invested heavily in stocks and mutual funds. He focused on technology companies like Apple and Amazon. His financial advisors also recommended that he invest in real estate, leading him to purchase multiple properties nationwide.
Also, Smith has invested in cryptocurrency and fashion brands. These diverse investments have also significantly impacted Stephen Smith net worth today.
Assets
Stephen is well-known for owning several properties, including houses and cars. One of the most outstanding properties of Stephen is his luxury apartment in New York City. Stephen purchased his apartment for the sum of $7.35 million in 2018. This luxury apartment is found in one of Manhattan’s most extraordinary buildings. Also, Stephen’s apartment features jaw-dropping views of New York City. Also, Stephen owns a house in the Hamptons. The Hamptons is a famous relaxing destination for wealthy New Yorkers.
Stephen is also well-known for his luxurious cars. He owns a Mercedes Benz S-Class and a Range Rover. These cars owned by Stephen are one of the most expensive VIP vehicles in the world.
Salary Earnings
Since Stephen Smith rose to fame, he has earned $5 million annually until April 2019. In mid-April 2019, Stephen signed a deal with ESPN and earned $8 million annually. This deal made him one of the top-earning ESPN personalities. In March 2020, Stephen signed a CBS deal and earned $17 million annually. All these earnings have also contributed to Stephen Smith net worth in 2023.
Conclusion
Stephen A. Smith has worked tirelessly to build his sports commentator and journalist career. He has amassed a whopping net worth of $16 million. This net worth is a result of Stephen’s various investments and career. As his career continues to grow, Stephen Smith net worth will continue to increase in the years to come.