The Forbes business magazine estimates that Oprah Winfrey net worth is about $2.6 billion in 2022.
Oprah Winfrey is an American television personality, tv producer, author, actress, and humanitarian.
She is best known for her talk show, The Oprah Winfrey Show which ran for 25 seasons from 1986 to 2011. The former tv host has built her massive fortune from the reinvested profits from the talk show.
The 67-year-old is one of the wealthiest persons in the world ranking at number 1233 on the list of the world’s richest people.
Oprah is the richest entertainer on the planet followed by Rihanna ($1.7 billion). Last year the tv personality was the world’s 12th richest self-made woman.
Her first job was working at a grocery store before joining a radio station to do news at the age of 17.
Now that you have known Oprah Winfrey net worth, read on to find out how she started and how she built her wealth.
Oprah whose real name is Orpah Gail Winfrey was born into poverty on January 29, 1954, in Mississippi. Her mother was a teenager who was unmarried and worked as a housemaid while his father was a city councilman.
After she was born, Winfrey spent 6 years with her grandmother who was so poor that Oprah sometimes wore clothes made of potato sacks, and other children used to laugh at her.
During her childhood, Oprah was sexually abused by her uncle, cousin, and a friend of her family for years.
At the age of 14, she became pregnant but had a miscarriage and lost her baby immediately after birth.
Winfrey went to Lincoln High School and was later transferred to Nicolet High School. Oprah then went to Nashville to live with his father and joined East Nashville High School.
Winfrey has 2 younger half-sisters and 1 younger half-brother. Her mother, Vernita Lee died in 2018 at the age of 83.
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How does Oprah Winfrey spend her billions?
Oprah Winfrey has a huge real estate portfolio. She lives in a 42-acre estate in Montecito, California nicknamed “The Promised Land”. The estate has both ocean and mountain views.
She owns an $8 million waterfront abode on Orcas Island in Washington and a ski house in the mountain village of Telluride, Colorado.
Oprah owns an apartment in Chicago, a house in Lavallette, an estate in Fisher Island, Florida as well as other properties in New Jersey and Hawaii.
The billionaire also owns a $70 million Gulfstream G650 private jet which she bought in 2016. It is considered one of the best private jets money can buy.
In 2002, the billionaire spent $40 million to establish the Oprah Winfrey Leadership Academy for Girls in South Africa.
She started the academy to empower girls from poor backgrounds with education and leadership skills
In 2009, Oprah chartered a cruise ship and took a bunch of work colleagues and their families on a cruise with her. They visited Greece, Spain, Turkey, Malta, and Italy in 10 days. The trip cost the billionaire $9.2 million.
Oprah Winfrey has offered over 400 scholarships to Morehouse College in Atlanta. She also has donated more than $400 million to support educational purposes. She was once ranked among the 50 most generous Americans.
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How did Oprah Winfrey get so rich?
While in Nashville with his father, Oprah landed a job at WVOL, a local black radio station. She was in her senior year in high school and was 17 years.
Oprah joined college and continued to work at WVOL for 2 years and later joined WTVF-TV a tv station in Nashville.
At WTVF-TV, Oprah was the first black female and the youngest news anchor. In 1976 she joined WJZ-TV in Baltimore as a news anchor.
She was then demoted in 1977 and later began to co-host a local talk show “People Are Talking” in 1978.
Oprah worked at WTVF-TV until 1984 when she moved to Chicago-based WLS-TV to host “AM Chicago”, a morning talk show.
AM Chicago was a low-rated show when Oprah began to host it. After a few months, it had become the highest-rated talk show in Chicago.
The show was then renamed the Oprah Winfrey Show and ran for a whole hour. The show went on to become the most-watched daytime talk show in the United States.
In its earlier years, the show would average 10 million viewers a day in the U.S. However, the viewership decreased over the years averaging 12 million viewers in 1991, 9 million in 2005, and about 6 million viewers in 2009.
Although the last episode of the Oprah show aired in May 2011, the show remains the highest-rated daytime talk show in American television history.
Oprah became a millionaire at the age of 32 after her talk show acquired national syndication in 1985. By the time she was 41, Oprah Winfrey net worth was $340 million.
In 2000 she was worth about $800 million becoming the wealthiest African American and overtaking Bill Cosby.
In 2003, Oprah became the world’s first black woman billionaire and was the only black billionaire from 2004 to 2006, according to Forbes.
By 2006 Oprah was the best-paid television personality in the U.S taking home about $260 million. Two years later her earnings had increased to $275 million.
By 2015, Oprah Winfrey net worth was about $2.5 billion making her the richest self-made woman in the United States.
Oprah Winfrey owns Harpo Studios, an American multimedia production company. The company is a minority stakeholder in the Oprah Winfrey Network, an American international cable channel.
Oprah Winfrey has been dating Stedman Graham since 1986. Before meeting his current boyfriend, Oprah had been in several relationships some of which were abusive.
The billionaire has also dated Roger Ebert, John Tesh, Anthony Otey, and William “Bubba” Taylor.
At some point, Oprah struggled with a weight problem due to emotional stress from her abusive relationships.
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Gayle King is her best friend and they have been friends since their early twenties.
Oprah has revealed that she’s a Christian and attends the Potter’s House Church in Dallas, Texas. T.D. Jakes founded the church and is one of the largest churches in the U.S
Oprah Winfrey has no children. She has stated that she chose not to have children because she had not been mothered well.
Oprah has 43.1 million followers on Twitter and 20.5 million followers on Instagram.
It’s with no doubt that Oprah Winfrey is one of the most successful women in the world right now.
Despite being born into a poor family she overcame a lot of obstacles to become one of the richest television personalities which should act as an encouragement to all of us.
Finally, I have compiled a few quotes by Oprah Winfrey which could inspire you in life.
“Surround yourself only with people who are going to take you higher.”
“Everybody has a calling. And your real job in life is to figure out as soon as possible what that is, who you were meant to be, and to begin to honor that in the best way possible for yourself.”
“Challenges are gifts that force us to search for a new center of gravity. Don’t fight them. Just find a new way to stand.”
“Think like a queen. A queen if not afraid to fail. Failure is another stepping stone to greatness.”
“The more you praise and celebrate your life, the more there is in life to celebrate.”
“It doesn’t matter who you are, where you come from. The ability to triumph begins with you – always.”
“Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it.”
“One of the hardest things in life to learn are which bridges to cross and which bridges to burn.”
“I don’t believe in failure. It is not a failure if you enjoyed the process.”
“You CAN have it all. You just can’t have it all at once.”