It's been a rough year for the journalist, but at least he has his millions of dollars to ease the pain. 71-year-old Graydon Carter has taken the No. 1 spot on People With Money’s top 10 highest-paid journalists for 2020 with an estimated $82 million in combined earnings.
UPDATE 30/09/2020 : This story seems to be false. (read more)
Graydon Carter tops annual list of highest-paid journalists
In 2018 it looked like the journalist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (September 29) that Carter is the highest-paid journalist in the world, pulling in an astonishing $82 million between August 2019 and August 2020, a nearly $50 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The Canadian journalist has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Carter Burger” chain) in Ottawa, a Football Team (the “Toronto Angels”), has launched his own brand of Vodka (Pure Wondercarter - Canada), and is tackling the juniors market with a top-selling perfume (With Love from Graydon) and a fashion line called “Graydon Carter Seduction”.
The ranking is significant for many Graydon fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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