Don Lemon Net Worth, Age, Height, Career, Real Estate, Stocks, Cars

16 mins read
Don Lemon Net Worth

American broadcast journalism was forever changed by charismatic newscaster Don Lemon. Lemon was born in Baton Rouge, Louisiana, on March 1, 1966. His charisma and journalism have made him a household figure.

Beyond the glitz of camera flashes and spotlights, Don Lemon has also achieved significant financial success. With an impressive net worth of $31 million, he employs innovative investment strategies, diversifying his income through unconventional assets and daring ventures.

During his time at Baker High School in East Baton Rouge Parish, a young Don Lemon was already making waves. His charm endeared him to classmates, culminating in his election as class president during his senior year. With this notable achievement, Lemon then set his sights on Louisiana State University and Brooklyn College, eager to conquer the world beyond his high school’s walls.

Don Lemon is a charismatic force to be reckoned with. Alongside his accomplishments in the newsroom, he proudly stands as one of the most influential African Americans worldwide—and a prominent figure in the LGBTQ community as well.

What is Don Lemon Net Worth and Salary?

Don Lemon is an American journalist and television news anchor with an estimated net worth of $12 million. He gained widespread recognition as a former lead anchor and presenter at CNN. His most notable role at the network was as the host of “Don Lemon Tonight,” a program that aired from 2014 to 2022 (initially named “CNN Tonight” from 2014 to 2021). The show concluded its broadcast in October 2022. Just a month earlier, Don transitioned to a co-host position on a CNN morning show. Unfortunately, on April 24, 2023, Don was terminated from CNN.

Don has won three Emmys for his work on “CNN Tonight” and other shows. He is one of the most influential LGBTQ persons in broadcasting and an influential African American worldwide.

How did Don Lemon make his money?

Don Lemon’s impressive journey in journalism began with his role as an NBC affiliate and correspondent in Philadelphia and Chicago. He quickly captivated TV audiences as a local news co-anchor and investigative reporter.

Over time, Lemon’s name became synonymous with excellence, gracing iconic programs such as Today, NBC Nightly News, and Weekend Today as a weekend news anchor. His transition to CNN marked a significant milestone in his career, where he covered monumental events like Hurricane Katrina early on.

But Don Lemon’s influence extends beyond the newsroom. He’s also a best-selling author, renowned for thought-provoking works like “This Is The Fire: What I Say to My Friends About Racism,” which has not only garnered him royalties but also widespread acclaim.

The financial figures tell a compelling story. Starting with an initial paycheck of $250,000 from CNN, Lemon’s salary has seen a remarkable increase. Don lemon net worth is $31 million thanks to his $10 million annual salary and $2 million bonus. Don Lemon unexpectedly tweeted that CNN fired him.

How does Don Lemon invest his money?

Don Lemon’s discerning taste in real estate, luxury cars, and astute stock investments reveals a man who understands how to enjoy life while also smartly diversifying his financial portfolio.

Real estate

Don Lemon’s achievements in real estate investments highlight the potential advantages of exploring alternative investment avenues. The esteemed CNN anchor has curated an impressive collection of 15 properties, including:

  • A luxurious $17 million residence in Baton Rouge.
  • A charming $3.1 million cottage in Sag Harbor.
  • A three-bedroom Harlem condo he occupied with his fiancé, real estate agent Tim Malone. Lemon sold it for $1.53 million, a $37,000 profit since 2013.

These holdings diversify his investment portfolio and offer long-term rewards, highlighting the benefits of real estate investing.

Stocks

Don Lemon’s financial savvy extends beyond physical assets into a diverse range of stock investments. His robust portfolio, valued at approximately $21 million, is strategically allocated in industry leaders like Meta Platforms, Alphabet Inc, Johnson & Johnson, Dell Technologies, and Berkshire Hathaway.

This investment strategy underscores Lemon’s astute financial acumen. By placing his trust in technology giants and healthcare pioneers, he showcases a well-rounded approach to investing, covering various sectors.

Looking ahead to 2023, market experts are predicting potential contractions in earnings growth rates and shifts in key inflation metrics. Projections suggest an estimated 8% contraction in earnings growth for the first quarter, followed by a 6% contraction in the second quarter. These forecasts signal the importance for investors to adapt their strategies to navigate these anticipated fluctuations.

Luxury cars

For Don Lemon, his luxury car collection is a tangible symbol of his accomplishments. With an impressive array of seven vehicles, he indulges in top-tier brands like Rolls-Royce and Lamborghini, showcasing his preference for traveling in absolute style.

Lemon’s automotive journey kicked off with a vibrant red Volkswagen Beetle. He now enjoys owning the Zenvo ST1 and Polestar 1, worth $1.2 million and $155,000, respectively. He’s proud to drive his $1.2 million Rolls-Royce Dawn and Lamborghini Aventador. These cars stand as emblematic representations of his triumphant career.

Early Life

Donald Carlton Lemon was born on March 1st, 1966 in Baton Rouge, Louisiana. Lemon, an American of Creole descent, was chosen to lead his high school graduating class. In 2010, Don Lemon admitted that when he was five years old, a teenage boy sexually attacked him. He kept the incident a secret until he was 30.

Don completed his undergraduate studies at Louisiana State University before attending Brooklyn College. Don studied journalism when enrolled at Brooklyn College. He gained experience while still a college student working as a news assistant at a Fox News affiliate station in New York.

Career

Before graduating, Lemon gained experience at various Fox News affiliates. After leaving college, Donald began his career as a correspondent for NBC in Philadelphia and Chicago. First, he worked for Birmingham, Alabama, and Pennsylvania affiliates. Over time, he went from correspondent to weekend news anchor. He also worked as a St. Louis affiliate investigative reporter.

Lemon later joined NBC News’ New York headquarters. He hosted “Weekend Today” on MSNBC and “Today” and “NBC Nightly News.” Donald won an Edward R. Murrow Award in 2002 for covering the D.C. sniper. He was also rewarded for Hurricane Katrina reportage.

In 2003, he relocated once more, this time to Chicago. His work at the NBC affiliate WMAQ-TV garnered significant attention, leading to him winning three Emmys while serving as a reporter and local news co-anchor at the station. These awards were a result of his notable features like “Life on Craigslist” and his report on the HIV/AIDS epidemic in Africa.

Don Lemon joined CNN in 2006 after becoming famous. Donald deviated from normal reporters’ impartiality by voicing his strong ideas at the network. He made several contentious comments and “gaffes.” Don said he received many death threats at CNN. Don Lemon was fired from CNN on April 24, 2023, after controversies and declining ratings.

How old is Don Lemon?

A well-known news anchor and journalist named Don Lemon celebrated his 57th birthday on April 25th, 2023. His birth on March 1st, 1966, in Baton Rouge, Louisiana, making him a devoted Pisces.

Over his remarkable journalism career, Don Lemon has earned a good reputation. He has worked on CNN, NBC, and MSNBC and won many awards.

Personal Life

Lemon said that when he was five years old, a teenage teenager from the neighborhood raped him sexually. When Lemon told his mother about the events of that day at the age of 30, he claims he had never previously disclosed them to anyone. Don Lemon publicly came out as gay in 2011. This led to him being referred to as “one of the few openly gay black men in broadcasting.”

Lemon is presently seeing his real estate agent hubby Tim Malone. The couple began dating in 2017 after they first met. Lemon exposed his covert romance with Tim Malone on New Year’s Eve 2018, which had looked to start up unexpectedly only a few months earlier.

He invited his partner to the interview while they were performing and having fun. They were dating when they kissed and exclaimed, “I love you, baby!” They announced their engagement in April 2019.

Don Lemon Nationality

Don Lemon is an American journalist and TV host. He is a natural-born American born in Baton Rouge, Louisiana, on March 1, 1966.

Lemon graduated in broadcast journalism from Brooklyn College in New York City. His career began as a news assistant at WNYW in New York City. Later, he gained experience by working at different local news stations across the United States before ultimately joining CNN in 2006.

Criticisms of Donald Trump

Following President Donald Trump’s election in 2016, Don Lemon noticeably began expressing his personal opinions more directly on CNN. He openly accused Trump of harboring racist beliefs and supporting white supremacy. This trend continued after the 2020 elections, where Lemon not only criticized Trump but also his followers, who constituted a significant portion of the population by that time.

In a particularly contentious segment, Don, along with two guests, used fake southern accents to impersonate Trump supporters, which appeared to be a slight aimed at their intelligence. Many observers found Lemon’s subsequent burst of laughter to be unprofessional. Ivanka Trump responded with a tweet, noting that Lemon consistently poked fun at a large portion of the country and then lamented the resulting division.

Legal Issues

In 2019, a bartender named Dustin Hice, who worked at a New York bar, accused Don Lemon of assaulting him. According to Hice, the incident occurred in 2018, when Lemon purportedly engaged in inappropriate behavior by touching himself and then putting his fingers near Hice’s face. Hice has stated that Lemon has made several attempts to reach a settlement outside of court, offering significant amounts in the six-figure range. Donald Lemon, in public statements, has consistently denied all of Hice’s allegations.

Was Kaitlan Collins Paid Less By CNN Than Don Lemon?

CNN’s acclaimed White House correspondent Kaitlan Collins works with Don Lemon and Poppy Harlow on CNN This Morning.

Collins’ $170,000 annual compensation at CNN is much lower than Lemon’s $4 million, despite her rigorous work as a White House correspondent.

Collins has a $1 million net worth as of 2023, a testament to her hard work from Daily Caller entertainment correspondent to CNN. High-profile jobs like journalism aren’t necessarily financially secure.

Given their professional closeness, Collins and Lemon’s large wage and wealth gap is shocking. Collins interrupted Lemon during CNN’s broadcast of Brittney Griner’s release from Russia. Fox News highlighted Lemon’s brusque response and request to wait. Collins sounded unhappy and Lemon was “nasty” for interrupting Collins, according to an eyewitness. This was reported by Fox News Digital.

Lemon’s exit could lead to network modifications. Collins has been rumored for a permanent anchor role after a week as a substitute host earned high ratings. This could improve her finances in the future months.

People Also Ask (FAQs)

Here Are Some (FAQs)

  1. What is Don Lemon’s net worth?

Don Lemon’s estimated net worth is $12 million as of [current year].

  1. How did Don Lemon accumulate his wealth?

CNN anchor and broadcaster Don Lemon made his fortune through journalism. He invested in real estate, equities, and other assets to diversify his income. His best-selling books, such “This Is The Fire: What I Say to My Friends About Racism,” also helped him financially.

  1. What were Don Lemon’s notable achievements in his journalism career?

Donald Lemon won three Emmys for his work on CNN, particularly “CNN Tonight.” He covered Hurricane Katrina and the HIV/AIDS pandemic in Africa, winning accolades.

  1. How does Don Lemon invest his money?

Real estate, equities, and luxury autos diversify Don Lemon’s investments. He owns 15 homes, including a $17 million Baton Rouge home. With Meta Platforms and Alphabet Inc. assets, his stock portfolio is worth $21 million. Luxury cars like Rolls-Royce and Lamborghini are also his.

  1. What are some key points about Don Lemon’s personal life?

Don Lemon, one of the few openly homosexual black broadcasters, came out in 2011. He is engaged to real estate agent Tim Malone. They got engaged in April 2019.

  1. Why did Don Lemon leave CNN?

Don Lemon was terminated from CNN on April 24, 2023. The termination followed controversies and declining ratings.

Leave a Reply

Your email address will not be published.