Everyone is partly familiar with NBC’s news reporter Hoda Kotb. She is also known as the wife of financier Joel Schiffman and a cancer survivor.
After working in the news industry for over a decade, we know that Hoda Kotb is now taking her paychecks in millions.
Hoda Kotb Salary
A typical news correspondent earns a salary of between $37k to $98k annually. However, in Kotb’s case, her new contract reads that she is bound to make approximately $10 million a year. This equals $833k a month. Previously, Kotb made only $7 million.
Some people question this amount to be fair for a veteran like Hoda as her juniors receive an equivalent sum of money.
Kotb, who replaced Matt Lauer on the network, earns half the latter during his service. However, NBC representatives revealed that Kotb had to work for 20 years like Matt did to make $20 million a year.
Net Worth: $30 Million
Thanks to Hoda’s long and illustrious career in journalism, she has accumulated such enormous wealth.
Currently, Hoda lives in her apartment in Upper Manhattan, which she purchased at a sum of $3.5 million. Hoda’s deluxe apartment consists of four bedrooms, a spacious living room, a kitchen, and two-and-a-half bathrooms.
Likewise, Hoda rides a red 2005 model BMW Z4 that costs $7k.
As of 2023, Hoda Kotb’s net worth is $30 million.
Additionally, the 59-year-old shares her husband’s net worth of $15 million too.