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Being the only black American female billionaire in the United States of America, the 67-year-old started her career in Nashville at the age of 19. She fronted a local evening show at WTVF. According to Forbes, Oprah Winfrey’s net worth is $3.5 billion. She is also ranked 10th in the Forbes list of the American richest self-made women last year. After interviewing Prince Harry and Meghan Markle, she became widely popular, which aired on seventh march 2021 and the next day on ITV in the U.K.She is best known for her famous talk show, which ran for 25 years.
How Oprah Winfrey became rich?
Given the obstacles of poverty, abuse, and discrimination she had to grow through, she is all herself because of her achievements. It began in 1976 when Winfrey landed in her first television show in Tennessee. In 1977, she began a morning talk show called “People are talking.” Her casual approach, improvised style helped her to build a natural rapport with her guests. By the end of the decade, the show beat the Phil Donahue program in the local ratings.
A couple of years later, she took over a 30-minute morning show on “AM Chicago.” It did not take long as the show quickly became the top talk show in Chicago in 1984. She also took 25% of the show revenue before changing it to The Oprah Winfrey show in 1986.
After becoming the first African American television host to be globally syndicated at 32, Oprah Winfrey’s net worth saw a massive rise to 30 million within a year. She also founded her own television production company called Harpo, Inc. this is where Oprah’s net worth began to grow.
How she became the richest women in Entertainment
During the years, Winfrey’s show garnered many views, which led the show to grow even more significant. Oprah was recognized frequently in the Daytime Emmy awards as an outstanding talk show host. In 1995, Oprah Winfrey’s net worth was almost $ 350 million. After that, she became the richest woman in Entertainment. In 1996, she flung her well-known book club, and her charity called the Angel Network in 1998. She started creating her magazine “O, The Orpah Magazine” in 2000.
Taking over the 21st century
This was the year, where she continued to rise in the era of social media. By launching a 24-hour channel called “Oprah & Friends” on XM Satellite Radio, her website receives millions of monthly traffic. Her famous talk show continued until 2011, as the time was nearing for her to announce retirement as she turned 60. She went on to make OWN (Oprah Winfrey Network) in corporation with Discovery communications. In 2018, by creating original content like a book club, documentaries, she signed a deal with apple’s streaming service.
How does she spend her money?
Winfrey’s real estate
Montecito, California: With a 23,000 square foot home on 42 acres of land with ocean views makes her home a treat to watch. It has two theatres, a tea house, a court for tennis, ten fireplaces. She purchased it for $50 million. She also purchased another home in Montecito for $29 million in 2016. She purchased her third Montecito home in 2019 November for $ 6.85 million.
Winfrey’s private jet
She owns a Bombardier Global Express XRS Private Jet which is worth $ 42 million. It consists of a large interior which fits 8-14 passengers.
- According to Forbes, a former news anchor built the reinvested revenues from her talk show which estimates $ 2 billion.
- She made her return to the small screen on Apple TV + for an interview show about Covid-19 as part of her multi-year pact with the streamer in March 2020.
