Regis Philbin Net Worth – How Much Money Did Kelly Ripa’s Mentor Earn from ‘Live’
Regis Philbin, the late American television host, was a beloved figure who captured the hearts of audiences across the nation. His long and successful career spanned several decades and included hosting popular shows such as Live! with Regis and Kelly, Who Wants to Be a Millionaire? and America’s Got Talent. A question that often arises when discussing Philbin is his net worth, which was proof of his successful career.
Given his numerous accomplishments and his passing in 2020, it comes as no surprise that Philbin accumulated a significant amount of wealth throughout his life.
Regis Philbin’s Successful Career Earned Him A High Net Worth
Regis Philbin was a legendary American television host, whose career spanned several decades. His rise to fame began when he became the talk show co-host alongside Kathie Lee Gifford and later with Kelly Ripa on Live! with Regis & Kelly.
Philbin’s charming personality attached him to audiences across the country, making him a household name. The former talk show host’s success on television also earned him a significant net worth.
According to CelebrityNetWorth, his estimated net worth was around $150 million. At the peak of his career, he earned up to $20 million in salary per year and was paid approximately $100,000 per episode for Who Wants to Be a Millionaire. Philbin’s last few years on Live! with Regis & Kelly earned him between $18 and $20 million annually.
The late actor’s successful career made him an American icon, and his high net worth is evidence of his hard work and dedication. His legacy will continue to inspire and entertain fans for years to come.
However, he entrusted his wife to handle his $150 million fortune after he died in 2020 at the age of 88. Court documents reveal that Philbin left behind $16.5 million in property, along with millions more in stocks, bonds, and cash. Even after leaving his shows behind, he continued to make money outside of the entertainment industry by investing wisely in stocks.
Regis Philbin Kept Making Money By Playing In The Stock Market
The Guinness world recorder was famous for his work as a television host and had a knack for the stock market. In 2013, he rang the opening bell at the New York Stock Exchange and also played the financial game himself.
He had a watchful eye on the stock market and was always on the lookout for good investment opportunities. Over the years, he amassed a fortune by investing in various companies and stocks.
In 2018, Philbin spoke to the media and discussed how he spends his days now that he’s retired, revealing that staying involved with stocks is part of his routine, he revealed.
“While there are days I do miss working, it’s been a nice change of pace to focus more on relaxing and spending time with my wife Joy and our kids and grandkids.”
He continued explaining his physical activities.
“I also continue to stay physically and mentally active by playing tennis and keeping up with the stock market.”
Philbin was known for sharing his thoughts on the market with media outlets, and he even offered up his stock picks in 2010 and did the same again in 2014, showcasing his investment knowledge and explaining why he had taken a chance on Elon Musk’s company. He said.
“I played with Tesla. When it got real deep, real low. And then went up high. Made a lot of money. But all of a sudden it goes up and down, up and down. I’m waiting for it to go down that low again. It hasn’t.”
Further, the reports indicate that Philbin made millions of dollars in the stock market by investing in high-profile companies that experienced significant growth over the years.
Source: Celebrity Networth
