Walter Cronkite, one of the most iconic journalists of the 20th century, is remembered for his commanding presence as the anchor of CBS Evening News.
His career spanned several decades, during which he reported on pivotal events such as the Vietnam War, the assassination of JFK, and the moon landing.
Over time, Walter Cronkite’s wealth and financial legacy grew alongside his stature in journalism. So, what is Walter Cronkite net worth today, in 2025?
In this article, we’ll explore the financial side of his life, focusing on his wealth, salary, and how his career shaped his legacy.
Walter Cronkite Quick Facts
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| FACT | DETAIL |
|---|---|
| Real Name | Walter Leland Cronkite Jr. |
| Popular Name | Walter Cronkite |
| Birth Date | November 4, 1916 |
| Age | 92 years (Died: July 17, 2009) |
| Birthplace | Saint Joseph, Missouri, United States |
| Nationality | American |
| Ethnicity | White |
| Moody College of Communication, University of Texas At Aust | Education |
| Marital Status | Married |
| Spouse | Mary Elizabeth Maxwell Cronkite (m. 1940–2005) |
| Children | Walter Leland Cronkite III, Kathy Cronkite, Nancy Elizabeth Cronkite |
| Dating | N/A |
| Siblings | One brother, Robert |
| Parents | Walter Leland Cronkite, Helen Lena Cronkite |
| Height | 1.82 meters |
| Net Worth | $20 million |
| Source of Wealth | Journalism, Television Anchor, CBS |
What is the Net Worth of Walter Cronkite in 2025?
Walter Cronkite’s wealth, while not exact in 2025, continues to be remembered as a cornerstone of his career.
At the time of his passing in 2009, his net worth was estimated to be around $20 million. This figure places him among some of the wealthier figures in journalism history.
However, Cronkite’s financial legacy is not just about the dollar amount—his influence on media and journalism has left a lasting impression.
Compared to other notable figures in journalism, Walter Cronkite’s wealth was substantial but not the highest.
However, his contributions to broadcast journalism set the stage for the lucrative salaries of today’s top anchors.
Some of Cronkite’s contemporaries or related figures include:
- Dan Rather
- Edward R. Murrow
- Tom Brokaw
- Brian Williams
- Peter Jennings
- CBS News
- Walter Cronkite Productions
- JFK Assassination Coverage Team
- Moon Landing Reporting Team
- Vietnam War Coverage Team
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Walter Cronkite Wealth, Salary, and Financial Overview
How much did Walter Cronkite earn during his career?
Walter Cronkite’s salary during his years at CBS was significant, especially for the time. As a prominent anchor, he was paid handsomely, but exact salary figures are not fully disclosed.
However, it’s estimated that his salary peaked at about $2 million annually in the late 1970s and early 1980s. This was a very high salary for a broadcaster at the time, reflecting Cronkite’s role as a top-tier news anchor.
His earnings were also supplemented by appearances and speaking engagements. Cronkite’s reputation as the “most trusted man in America” made him a sought-after figure for public events
In the years leading up to his retirement in 1981, Cronkite’s salary and income from external engagements continued to build his wealth.
How did He build his wealth over the years?
Walter Cronkite’s wealth didn’t come overnight. His journey from a radio reporter to one of the most trusted figures in television journalism took decades of hard work and dedication.
Early on, Cronkite worked for various media outlets, including newspapers and radio stations, before landing at CBS. His move to CBS in 1950 was a game-changer for both him and the network.
As his career flourished, so did his wealth. Cronkite’s association with CBS, which was one of the top networks in the U.S., allowed him to command a high salary and gain access to lucrative opportunities.
From his high-paying role as anchor on the CBS Evening News to his ongoing public speaking and writing, Cronkite’s wealth grew steadily over time.
Did Walter Cronkite have significant investments or assets?
While the specifics of Cronkite’s investments and assets remain somewhat private, it’s likely that his wealth was not only tied to his salary.
Cronkite was known to have invested wisely in various ventures, including real estate and other assets. Like many successful individuals, his diversified portfolio likely contributed to his long-term financial stability.
Additionally, his later years may have been supported by royalties from his books and other media projects. Cronkite’s consistent presence in the media after his retirement ensured his wealth remained secure.
How did Walter Cronkite’s salary compare to other top broadcasters of his time?
When comparing Walter Cronkite’s salary to other famous broadcasters like Dan Rather and Tom Brokaw, it’s clear that Cronkite was among the highest-paid figures in journalism during the peak of his career.
His salary at CBS, estimated at $2 million per year, was higher than many of his contemporaries. However, some others like Dan Rather later achieved comparable earnings during their careers.
The broadcasting industry in the 1960s to the 1980s was different from today, but Cronkite’s financial success set a precedent for the salaries of today’s top anchors.
Conclusion
Walter Cronkite’s wealth and financial legacy are a testament to his extraordinary career in broadcast journalism. From his time at CBS to his post-retirement endeavors, Cronkite set the standard for financial success in the media industry.
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