David Pecker Net Worth – The Secret Behind Pecker’s Massive Wealth!

By David Hill On Apr 25, 2024

American publishing administrator and businessman David Jay Pecker (born September 24, 1951) served as the CEO of American Media until August 2020. Men’s Fitness, Muscle and Fitness, Flex, Fit Pregnancy, Shape, and Star were all publications that he oversaw. Additionally, he oversaw the publication of the Globe, Weekly World News, National Enquirer, and Sun.

Pecker encountered controversy in 2018 because he participated in a catch-and-kill scheme to purchase exclusive rights to stories that could potentially humiliate his friend Donald Trump in order to obstruct their release during the latter’s 2016 presidential campaign.

David Pecker’s Net Worth

David Pecker is an American entrepreneur with an estimated $11 million in net worth. In September 1951, David Pecker was born in The Bronx, New York City, New York. Chairman and chief executive officer of American Media Inc. To clarify, he is solely the chairman of American Media Inc. and does not own the company.

Pecker serves as the publisher of numerous periodicals, including Men’s Fitness, Globe, National Enquirer, Sun, Star, Weekly World News, Flex, Muscle and Fitness, Shape, Fit, and Pregnancy, in his capacity as chairman. In 2018, he encountered controversy over allegations that he purchased the rights to negative stories about his associate Donald Trump to obstruct their publication during his 2016 presidential campaign.

Pecker began his career in accounting at the magazine division of CBS. Trump and Pecker, who was formerly the CEO of Hachette Filipacchi Media U.S., the organization that produced the Trump Style magazine, developed a close friendship.

In 2014, the two convened at Trump Tower, where Pecker assured Trump that any sexual affair allegations leveled against him would be exposed and eradicated by the National Enquirer. According to reports, Pecker was also responsible for revealing the relationship between Jeff Bezos and Lauren Sanchez.

Salary and Asset Details of David Pecker

David’s annual basic compensation is $1.75 million. In excellent years, that figure can rise to $3 or $4 million with additional bonuses. In 2015, he earned $4.4 million from an exceptionally substantial incentive bonus. He resides in a $2.82 million property in Boca Raton, Florida, purchased in 2015. The home’s current estimated worth is $3.75 million.

Personal Life of David Pecker

Pecker wed Karen Balan in 1987. Pecker acknowledged in April 2024 that checkbook journalism was a component of his editorial philosophy and that he also held the view that “The cover of a magazine is the only thing that matters.”