Patrick Chêne Highest-Paid Journalist in the World

Patrick Chêne
Patrick Chêne led People With Money’s annual list of the “100 highest paid journalists” released on Monday.

It's been a rough year for the journalist, but at least he has his millions of dollars to ease the pain. 64-year-old Patrick Chêne has taken the No. 1 spot on People With Money’s top 10 highest-paid journalists for 2020 with an estimated $58 million in combined earnings.

UPDATE 24/11/2020 : This story seems to be false. (read more)

Patrick Chêne 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 Monday (November 23) that Chêne is the highest-paid journalist in the world, pulling in an astonishing $58 million between October 2019 and October 2020, a nearly $30 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 French journalist-television host has an estimated net worth of $185 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 Chêne Burger” chain) in Paris, a Football Team (the “Lyon Angels”), has launched his own brand of Vodka (Pure Wonderchêne - France), and is tackling the juniors market with a top-selling perfume (With Love from Patrick) and a fashion line called “Patrick Chêne Seduction”.

The ranking is significant for many Patrick fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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