It's been a rough year for the television host, but at least he has his millions of dollars to ease the pain. 67-year-old Tim Gunn has taken the No. 1 spot on People With Money’s top 10 highest-paid television hosts for 2020 with an estimated $58 million in combined earnings.
UPDATE 21/10/2020 : This story seems to be false. (read more)
Tim Gunn tops annual list of highest-paid television hosts
In 2018 it looked like the television host’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (October 20) that Gunn is the highest-paid television host in the world, pulling in an astonishing $58 million between September 2019 and September 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 American 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 Gunn Burger” chain) in Washington, a Football Team (the “Washington, D.C. Angels”), has launched his own brand of Vodka (Pure Wondergunn - US), and is tackling the juniors market with a top-selling perfume (With Love from Tim) and a fashion line called “Tim Gunn Seduction”.
The ranking is significant for many Tim fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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