Lawrence Kudlow Larry Kudlow has a net worth of $10 million. He is an American conservative economist, TV personality, and newspaper columnist. Larry’s financial disclosure from September 2019 said that his stocks and other liquid assets were worth at least $2 million. This disclosure does not include liquid assets such as personal real estate.
It also showed that he made around $800,000 a year from CNBC and another $100,000 to $200,000 a year from paid speeches and consulting work.
For a long time, he was best known for being the host of The Larry Kudlow Show on WABC Radio and The Kudlow Report on CNBC. Larry left the private sector in April 2018 to become Director of the National Economic Council for President Trump.
Early Years
Lawrence Alan “Larry” Kudlow was born in New Jersey on August 20, 1947. Kudlow attended the private institutions Elizabeth Morrow School and Dwight-Englewood School for his education. In 1969, he graduated from the University of Rochester with a degree in history. He subsequently began his work as a staff economist at the New York Federal Reserve Bank.
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In 1970, he was already working alongside Bill Clinton, John Podesta, and Michael Medved on Joseph Duffey’s US Senate campaign. A year later, he enrolled at Princeton University’s Woodrow Wilson School of Public and International Affairs to study politics and economics.
Larry Kudlow became chief economist and senior managing director at Bear Stearns in 1987. Due to cocaine usage, he was fired in 1994. Because of his addiction, he supposedly missed a critically important customer presentation.
Larry was the economic advisor for A.B. Laffer & Associates, a board member for Empower America, and the consulting chief economist for American Skandia Life Assurance, Inc., a subsidiary of Prudential Financial. As a nationally syndicated journalist and editor, he has contributed to a variety of U.S. journals, including the National Review.
Private Life
Lаrrу udlоw married three times, each time to a prominent journalist or artist. He married Nancy Ellen Gerstein for the first time in 1974. After a year, this romance terminated in a split. He married Susan Sicher again in 1981, but the marriage ended after five years. In 1986, he picks Judith Pond for the third time as her life partner. He was addicted to cocaine and alcohol as a result of his problems.
He was sacked from his job due to these concerns. Then he joined a variety of programs, but converting to Catholicism and becoming a member of the Catholic Diocese of Orange was a wonderful move for his career and personal life. He suffered from a mild heart attack in 2018.
Career
As a junior financial analyst, he began his work at the New York Federal Reserve. However, he quickly left for a job as a financial analyst at Bear Stearns on Wall Street.
Because of his involvement in political campaigns, he joined Ronald Reagan’s administration in 1981. He worked vigorously and extensively for numerous left-wing politicians.
As a result, he accepted a position as associate director at the Office of Management and Budget. After quitting the associate director position, he returned to Bear Stearns to work as the chief economist for the following seven years. In 1994, however, Kudlow was sacked for cocaine abuse.
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Kudlow worked for CNBC and was a member of the Empower America board of directors during his career. Larry Kudlow was also a member of the Independent Institute and American Skandia Life Assurance Associations.
He also works with the media to bring economic challenges to the attention of the public and to benefit a larger audience with his brilliant ideas. He was appointed Director of the National Economic Council by Donald Trump in March 2018, and he began working at the office on April 2, 2018 and continues to work as a director until 2021.
CNBC
Larry hosted or contributed to a variety of CNBC programs between 2001 and 2018. Between 2002 and 2005, he co-hosted “Kudlow & Cramer” with Jim Cramer. Cramer resigned in 2005 to become the anchor of “Mad Money,” and their former show was renamed “The Kudlow Report” and aired until 2014.
Salary
His annual compensation when employed at CNBC was $800 thousand. $185,000 is his compensation as director of the National Economic Council.
He is the author of American Abundance: The New Economic & Moral Prosperity and Tide: Why Tax Cuts Are the Key to Prosperity and Liberty. On March 14, 2018, President Donald Trump appointed Larry Kudlow as his top economic adviser.
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Larry Kudlow’s Net Worth
Larry Kudlow worked in a variety of financial firms as a financial analyst. Both the financial and government sectors can help him increase his net worth. He was paid $800,000 per year at CNBC and $185,000 as Director of the National Economic Council.
He made a lot of money working for several organizations. He was paid $1 million each year on average at Fox News. His net worth is believed to be $12 million.
What Is Larry Kudlow’s Annual Income?
His annual salary is $1 million, according to several sources, as of 2022. His principal source of income is his work in the financial and government sectors.