What is Neil Cavuto's Net Worth and Salary?
Neil Cavuto is an American television news anchor, business journalist, and commentator who has a net worth of $25 million. Neil Cavuto is best known for hosting the programs "Cavuto Live" and "Your World with Neil Cavuto," as well as the Fox Business Network's "Cavuto: Coast to Coast."
Neil Cavuto concluded his remarkable 28-year career at Fox News on December 19, 2024, leaving behind a legacy as one of the network's most respected business journalists and anchors. He joined Fox News at its launch in 1996, becoming a cornerstone of the network's business coverage and hosting shows like "Your World with Neil Cavuto," "Cavuto on Business," and "Cavuto: Coast to Coast" on Fox Business Network.
Before Fox, Cavuto worked at CNBC as chief business news anchor and at PBS's "Nightly Business Report." His career spanned major financial events, including the 1987 market crash, the dot-com bubble, the 2008 financial crisis, and the COVID-19 market turbulence.
Throughout his career, Cavuto was known for his straightforward reporting style and ability to break down complex financial topics for viewers. He continued working while battling multiple sclerosis and surviving cancer, demonstrating remarkable resilience. He interviewed numerous business leaders, politicians, and newsmakers, earning respect across the political spectrum for his fair approach to journalism.
His departure from Fox News marked the end of an era, as he was one of the network's longest-serving anchors and a key figure in establishing its business news credibility.
Salary
At his peak, Neil Cavuto's annual salary across his various Fox programs was $7 million.
Early Life and Education
Neil Cavuto was born on September 22, 1958, in Westbury, New York, on Long Island. His father, Patrick, worked as a sales executive at a can company, while his mother, Kathleen, was a United Nations staffer and housewife. Cavuto is of Italian descent on his father's side and of Irish descent on his mother's side. Raised in Danbury, Connecticut, he went to Immaculate High School as a teenager. When he was 17, Cavuto became the manager of a fish and chips restaurant. During the Carter administration, he worked as a White House intern. For his higher education, Cavuto went to St. Bonaventure University in Allegany, New York, graduating in 1980 with a bachelor's degree in mass communication. He subsequently enrolled at American University in Washington, DC, from which he obtained his master's degree.
Career Beginnings on Television
Cavuto began his career on television as a principal anchor and reporter for CNBC, co-anchoring the channel's inaugural broadcast in April of 1989. Additionally, he hosted the business news program "Power Lunch" and contributed to "Today" on NBC. Following this, Cavuto worked with the Public Broadcasting Service, reporting for "Nightly Business Report" for 15 years.
Fox News
In July of 1996, Cavuto joined Fox News, which was to officially launch in October. His first gig was as the host and managing editor of "Your World with Neil Cavuto," a news and business talk program that features interviews, analysis, updates on current events, and discussion of changes in the stock market. Recurring segments include "Common Sense," in which Cavuto offers his point of view on a given news story; "Generation Hexed," in which he talks with millennials about financial challenges; and "Mailing It In," in which he reads aloud mostly critical social media posts and emails from viewers.
Cavuto became a vice president of Fox Business News in March of 2006. Later, in January of 2018, he debuted a new show called "Cavuto Live," a two-hour weekend news program focused on the intersection of politics and business. Additionally, he hosts "Cavuto: Coast to Coast" on the sister channel Fox Business Network. For his work on television over the years, Cavuto received five CableACE Award nominations from the National Cable Television Association.
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Books
Beyond television, Cavuto has had success as an author. He released his first book, "More Than Money," in 2004. The following year, Cavuto came out with "Your Money or Your Life." Both of these titles were New York Times bestsellers.
Personal Life and Health
In 1983, Cavuto wed Mary Fulling. Together, the couple has three children named Bradley, Tara, and Jeremy, and reside in Mendham Borough, New Jersey.
Cavuto has struggled with health issues for much of his life. After overcoming a near-life-ending cancer, he was diagnosed with multiple sclerosis. In 2016, Cavuto successfully underwent cardiac surgery.
Real Estate
In 2007, Neil paid $6.3 million for a 5+ acre property in Mendham, New Jersey, that features a 9,400-square-foot mansion.
