Former evening national news anchor and American journalist Daniel Irvin Rather Jr. is also a commentator. His news coverage during Hurricane Carla in September 1961 elevated him to national prominence, having begun his professional life in Texas. The initial radar weather report was generated ad hoc through the superimposition of a transparent map onto a radar image depicting Hurricane Carla.
His initial national broadcast facilitated the effective evacuation of three hundred and fifty individuals. The individual provided coverage of several pivotal occurrences in contemporary history, including the fall of the Berlin Wall, the Gulf War, September 11, the Iraq War, and the war on terror.
What is the Net Worth of Dan Rather?
Former national news anchor and journalist Dan Rather is renowned for his seminal reporting from the last fifty years. The net worth of Dan Rather is $70 million.
Following his coverage from Dallas on the day of John F. Kennedy’s assassination, he was elevated to the position of White House correspondent at CBS News. Later, he was appointed anchor of CBS Evening News, a role he maintained for twenty-four years, until the controversy surrounding the Killian documents in 2005.
Salaries and Contracts of Dan Rather
At the end of his career, Dan Rather was paid $6 million per year by CBS. In 2005, Rather retired as anchorman and managing editor of “CBS Evening News,” but he stayed with the network.
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However, one year later, the network announced that it would not renew Rather’s contract and quickly dismissed him. Rather went on to sue CBS for $70 million in 2007, claiming the network and its owners of making him a scapegoat in the Killian incident. In 2009, a New York state appeals court dismissed Rather’s case.
Personal Life and Accolades Earned by Dan Rather
Rather married Jean Goebel in 1957, and they had two children: daughter Robin, an environmental activist in Austin, Texas, and son Dan, an assistant district attorney in Manhattan.
Rather’s awards include many Peabody Awards and an Emmy Lifetime Achievement Award. In 2007, he was awarded an honorary Doctor of Humane Letters from Siena College in New York.
Career of Dan Rather
Rather was elevated to the position of news presenter for the CBS Evening News in 1981. From the 1980s until the early 2000s, he was one of the “Big Three” nightly news broadcasters in the United States, alongside Peter Jennings of ABC News and Tom Brokaw of NBC News.
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He departed from the anchor desk in 2005. He maintained employment with CBS until his dismissal in 2006. Rather lodged a $70 million lawsuit against CBS and its former parent company Viacom the following year.
He leveled allegations against the network, including its ownership and management, alleging that they utilized him as a “scapegoat” in the Killian controversy. In September 2009, an intermediate New York state appeals court dismissed the lawsuit.
Rather hosted ‘Dan Rather Reports’ between 2006 and 2013. Decade-style investigative news programming was the subject of the broadcast from 2006 to 2013.
Since then, he has hosted numerous other projects for AXS TV, including ‘The Big Interview with Dan Rather,’ in which he conducts in-depth interviews with musicians and other entertainers, and ‘Dan Rather Presents,’ which provides in-depth reporting on broad topics such as adoption and mental health care. The estimated net worth of Dan Rather as of May 2024 is approximately $70 million.
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