Neil Cavuto, who hosted Your World with Neil Cavuto and Cavuto Live, is leaving Fox News after 28 years.
The 66-year-old broadcaster introduced his departure on-air on Thursday, December 19, saying, “I’m leaving Fox. I’ve been planning at the present time for a while. This simply appeared like a very good time [to leave].”
“Now, a few of you is likely to be considering, ‘Well, Neil, it’s about time!’” he joked, earlier than acknowledging, “After all, I’ve been doing this for almost three many years right here. You know, there are folks working with me now who weren’t even born after I began at Fox — that’s how previous I’m. But I’m not leaving journalism, I’m simply leaving right here.”
After asserting the information on-air, the community launched a press release praising him for his professionalism and dedication to journalism.
“Neil Cavuto’s illustrious profession has been a grasp class in journalism and we’re extraordinarily happy with his unimaginable 28-year run with Fox News Media,” the assertion learn. “His packages have outlined enterprise, information and set the usual for all the business. We want him a heartfelt farewell and all the very best on his subsequent chapter.”
Read on to study his wage, internet value, and extra.
What Was Cavuto’s Salary?
Newsweek reported that Cavuto’s wage at Fox was $7 million.
What Is Cavuto’s Net Worth?
Cavuto’s estimated internet value is $25 million as of 2024, in line with Newsweek.
Why Did Cavuto Leave Fox News?
Cavuto didn’t specify why he selected to depart Fox. However, he emphasised that he’s “ceaselessly grateful to [his] bosses” on the community, including that they even supplied him a “very beneficiant alternative” to remain. According to a number of shops, Cavuto’s contract is ready to run out on the finish of 2024.
The veteran journalist additionally mirrored on a number of the well being challenges he’s confronted through the years, which precipitated him to overlook “a day or two right here and there battling all the pieces from a number of sclerosis and COVID to numerous infections, even open coronary heart surgical procedure.”
“I would’ve been unfortunate in well being however very fortunate for the assist I obtained right here and the issues I obtained to do right here as a result of I obtained to do what I like to do — report the information,” Cavuto added. “Not shout the information. Not blast the information. Not — nicely, name names, simply name balls and strikes, following the information, maintain fact to energy and equity to all. That’s it, that’s me.”
Donald Trump reacted to the information, calling Cavuto the “lowest-rated anchor on Fox” and celebrated his departure in a Truth Social put up.
Where Is Cavuto Working Now?
It’s unclear the place Cavuto will probably be working after his departure, as he didn’t point out any future plans in his farewell, apart from indicating that he’s not leaving journalism. Many viewers are speculating whether or not he may comply with an identical path to his former colleague Chris Wallace, who left Fox after 18 years for a job at CNN — although Wallace himself left CNN after simply two years.