What’s Dan Rather’s Net Worth?
Dan Rather is a journalist and former nationwide information anchor recognized for his landmark reporting over the span of 5 many years. Dan Rather has a net worth of $70 million. After reporting from Dallas on the day of Kennedy’s assassination, he was promoted to CBS Information and have become the White Home correspondent. Later, he grew to become an anchor for CBS Night Information, a place he held for twenty-four years till the Killian paperwork controversy in 2005.
Early Life and Profession Beginnings
Dan Rather was born in Wharton, Texas on Halloween in 1931. His mom was Byrl Veda Web page, whereas his father was ditch digger and pipe layer Daniel Irvin Rather Sr. When Rather was a baby, the household moved to Houston; there, he attended Lovett Elementary College, Hamilton Center College, and John H. Reagan Excessive College. For his larger training, Rather went to Sam Houston State Lecturers School in Huntsville, graduating with a BA in journalism. Whereas in faculty, he known as native soccer video games for KSAM-FM radio. Following his commencement, Rather briefly attended South Texas School of Legislation.
In 1950, Rather started his journalism profession as an Related Press reporter. He went on to report for United Press and the Houston Chronicle, in addition to a number of radio stations in Texas. Towards the tip of the 50s, Rather did 4 seasons because the play-by-play announcer for the College of Houston soccer workforce. He subsequently started his tv profession as a reporter for the ABC Houston affiliate station KTRK-TV, earlier than being promoted to the director of stories of the CBS Houston affiliate KHOU-TV.
Rather had his breakthrough as a reporter in September of 1961, when he lined Hurricane Carla for his first nationwide broadcast on KHOU-TV. His reporting, which included tv’s first radar picture of a hurricane, satisfied over 350,000 folks to evacuate from the realm. The most important recognized evacuation at the moment, it saved 1000’s of lives, and made Rather a nationwide identify.
Begin at CBS Information
In 1962, Rather moved to New York Metropolis for a trial initiation at CBS. Following this, he was appointed chief of CBS’s Southwest bureau in Dallas, and later was made chief of the Southern bureau in New Orleans. In November of 1963, Rather was in Dallas when Kennedy was assassinated, and went on to report from town in the course of the ensuing interval of nationwide mourning. Impressed by his work, CBS Information administration appointed Rather because the community’s White Home correspondent in 1964. Over the following two years, he served as a international correspondent in London and Vietnam, after which returned to the States to cowl Nixon’s presidency. Within the early 70s, he reported on the Watergate scandal, the impeachment proceedings, and the president’s eventual resignation.
Additional Profession at CBS
Following Nixon’s resignation, Rather grew to become chief correspondent for “CBS Studies”; the following 12 months, he was appointed as a correspondent for “60 Minutes.” As a result of his success, Rather was promoted to managing editor of “CBS Night Information,” changing Walter Cronkite as anchor in March of 1981. Throughout his tenure, scores for “Night Information” fluctuated considerably as different alternate options to tv information have been starting to emerge. After he fell to second place, Rather returned to the highest place from 1985 via 1989. Throughout this time, in 1988, Rather grew to become the host of the newly created “48 Hours.” From 1993 to 1995, he co-anchored “Night Information” with Connie Chung. Later, in 1999, he joined “60 Minutes II” as a correspondent.
Over the course of his profession as a CBS reporter and anchor, Rather lined quite a few main tales. Amongst them have been the House Shuttle Challenger catastrophe, the Soviet-Afghan Warfare, the Iran-Contra affair, and the 2003 invasion of Iraq. Simply earlier than the latter occurred, Rather performed an interview with Iraqi dictator Saddam Hussein.
Killian Paperwork Scandal and CBS Departure
On “60 Minutes II” in September of 2004, lower than two months earlier than the presidential election, Rather introduced 4 paperwork criticizing George W. Bush’s 1972-73 service document within the Texas Air Nationwide Guard. Offered as factual memos written in 1973, it was later discovered that CBS had didn’t authenticate the paperwork; ultimately, typography specialists concluded that they have been forgeries. At first, CBS and Rather defended the story, asserting that the memos had in reality been authenticated. Nevertheless, shortly after, CBS retracted the story. An investigation was subsequently commissioned, resulting in the firing of story producer Mary Mapes.
Wage and Contracts
On the finish of his profession Dan Rather was incomes an annual wage of $6 million from CBS.
In 2005, Rather retired as anchorman and managing editor of “CBS Night Information,” however remained with the community. Nevertheless, one 12 months later, the community reported that it could not renew Rather’s contract, and promptly fired him. Rather went on to file a $70 million lawsuit towards CBS in 2007, accusing the community and its possession of constructing him a scapegoat within the Killian scandal. In 2009, a New York state appeals court docket dismissed Rather’s lawsuit.
After leaving CBS, Rather joined Mark Cuban’s cable community AXS TV, the place he hosted and produced a weekly present known as “Dan Rather Studies” for seven years via 2013. Following this, he started internet hosting and producing “The Massive Interview with Dan Rather,” on which he conducts in-depth interviews with numerous figures within the leisure business. Moreover, Rather has a 30-minute newscast on the YouTube information present “The Younger Turks,” and makes frequent appearances on such packages as “The Rachel Maddow Present” and “The Final Phrase with Lawrence O’Donnell.”
Private Life and Accolades
In 1957, Rather wed Jean Goebel, with whom he has two kids: daughter Robin, an environmentalist and activist in Austin, Texas, and son Dan, an assistant district legal professional in Manhattan.
Amongst his accolades, Rather has gained quite a few Peabody Awards, in addition to a lifetime achievement award on the Emmys. In 2007, he obtained an honorary Physician of Humane Letters from Siena School in New York.