Last updated on November 10th, 2023 at 10:54 pm
Stuart Varney, a name synonymous with financial journalism, has made a significant mark with his top-rated market program. Stuart Varney net worth speaks volumes about his dedication and expertise. But beyond the numbers lies a man deeply connected to his roots, his family, and the land farm he cherishes.
Born in Derbyshire, England, Stuart Varney’s early years were marked by a keen interest in economics and finance. His British upbringing laid the foundation for his future endeavors in the world of finance.
But did you know that beyond the glitz and glamour of television, Varney finds solace in the serene landscapes of his tree farm? Dive into the life of this media titan, exploring his journey from the UK to the US, his passion for farming, and the intricacies of his personal life
Summary of Stuart Varney
Attribute | Details |
---|---|
Full Name | Stuart Varney |
Date of Birth | July 7, 1948 |
Age | Age 75 years (As of 2023) |
Birthplace | Derbyshire, England |
Education | London School of Economics |
Career | – Journalist and Television Host at FOX Business, CNN, and CNBC. – Host of Varney & Co. on FOX Business. – Notable coverage includes the 1987 stock market crash which won CNN a Peabody Award. |
Net Worth | $14 million (as of 2023) |
Monthly Income and Salary | Estimated at $3+ million annually (based on work on the Fox Network) |
Parents | Father: Louis E Stahl Mother: Dorothy J |
Marital Status | Divorced (from Deborah Varney in 2014) |
Children | Six (4 boys and 2 girls) |
Ethnicity | British-American |
Political Affiliations | Conservative, associated with Fox News and Fox Business |
Controversies | – Made controversial statements criticizing the earned income tax credit in 2013. – Claimed in 2019 that Donald Trump had never lied to the American people. |
Farm Ownership | Owns a 1,100-acre tree farm in upstate New York, where he harvests timber. |
Social Media | Varney & Co Facebook |
Notable Relationships | – Ex-wife: Deborah Varney (Married in 1993, Divorced in 2014 due to alleged infidelity) – Alleged affair with Jennifer F. Shibley |
Other Information | – Has a strong interest in agriculture, trade deals, and media trends. – His daughter Angela works as an associate producer on Fox Nation. |
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Stuart Varney Net Worth
Stuart Varney’s net worth is estimated to be around $14 million, Varney’s financial success is a testament to his decades of hard work. His insights and analyses have not only benefited viewers but also contributed to his personal wealth. His primary income stems from his role as the host of “Varney & Co.” on FOX Business to his early days at CNN.
Income Sources and Financial Acumen:
Varney’s consistent presence in the media world has been a significant source of his income. However, his earnings are not limited to his television appearances. Varney’s investments, notably his tree farm, add another layer to his financial portfolio.
Salary Insights: The Earnings of a Financial Maestro
While exact figures remain undisclosed, it’s speculated that Stuart Varney’s annual salary is in the seven figures. This comes as no surprise given his longstanding career, expertise, and the viewership he brings to the Fox Business Network.
Personal Investments and Assets: Varney’s Love for Farming
Apart from his earnings from television, Varney’s net worth is also influenced by his personal investments and assets. One notable property in his portfolio is his farm, a testament to his diverse interests and investments.
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"To have a piece of America as an immigrant is a very big deal to me. I'm extremely proud to be an American farmer. I truly love this land." - Stuart Varney
While many know Varney for his insights into the economy, few are aware of his deep-rooted love for farming. He owns a sprawling 1,100-acre tree farm in upstate New York. This farm, reminiscent of the English countryside, was Varney’s way of owning a piece of America a dream he could realize in the vast expanses of the US, unlike the UK. Currently, the farm is in the midst of its first timber harvest, with trees like black cherry and hard maple being the prime focus.
Educational Pursuits and the Oxford Connection
Varney’s academic journey took him to the prestigious Oxford University, where he honed his skills and deepened his understanding of economics. This educational background would later serve as a cornerstone for his illustrious career.
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Interesting Facts: Did You Know?
- Varney became a proud American citizen in 2015, a significant milestone in his life.
- He played a pivotal role in launching CNN with Ted Turner in 1980.
- Varney’s tree farm is set to harvest over 1,000 trees, including valuable black cherry and hard maple.
- One of his sons is an organic dairy farmer in New Zealand, a stark contrast to Varney’s media-centric profession.
- Daughter, Jill Varney Meyer, won a $25,000 prize on the Travel Channel episode “Hotel Showcase.”
- Varney’s show, “Varney & Company,” has a strong digital presence, targeting younger audiences.
Stuart Varney Professional Life:
Stuart Varney’s journey in the media realm began in the UK, but his aspirations led him to the US, where he played a pivotal role in launching CNN with Ted Turner in 1980. Today, he hosts the popular “Varney & Co.” on FOX Business, which airs weekdays from 9 a.m. to noon EDT. His insights into the US economy are highly regarded, with Varney highlighting its current robust performance among industrial democracies. He also sheds light on the potential impacts of global events like Brexit on the US, emphasizing the importance of bilateral trade deals.
Television Triumphs: From CNN to Fox
Varney’s television career is nothing short of remarkable. Starting at CNN, he quickly rose through the ranks, eventually joining Fox Business Network. His shows, including “Varney & Co.,” have become staples for those seeking insights into the financial world.
Moderating Milestones
Fox News Media’s Stuart Varney and Dana Perino alongside UNIVISION’s Ilia Calderón will be the co-moderators of the second Republican primary debate, showcasing his ability to navigate complex political landscapes while maintaining his financial expertise.
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Journey to the American Dream
Crossing the Atlantic, Varney made his mark in the U.S., becoming a naturalized citizen in 2015. His passion for finance and his unique perspective as a British-American gave him an edge in the competitive world of financial journalism.
Personal Life: Stuart Varney Wife
Behind the cameras, Varney’s personal life is as rich and diverse as his professional one. He was married to Deborah Varney for over two decades, and together they have six children. Their bond was strong, with wife Deborah being a pillar of support during their years together.
The mother-of-six filed for divorce from Varney in 2014 over his alleged infidelity with a woman from Florida, which reportedly lasted for nine years. - The Sun
Stuart Varney Family: The Varney Clan
While Varney tends to keep his family life private, occasional glimpses, like family photos, reveal a close-knit and loving family. Their children have pursued varied paths, with one of Varney’s sons even venturing into organic dairy farming in New Zealand. One of their daughters, Angela, is following in her father’s footsteps in the broadcast journalism world.
"It is unusual that a man like me – who wears makeup for his primary living – has a son who raises cattle in New Zealand. Go figure." - Stuart Varney
Despite the demands of his profession, Varney has always prioritized family, evident from the cherished family photos and moments they’ve shared.
Frequently Asked Questions:
What trees does Varney’s farm primarily harvest?
Black cherry, red oak, hard maple, and some ash.
How does Varney view the US economy’s performance?
He believes it’s the best-performing economy among industrial democracies, with strong growth rates and low unemployment.
Does Varney have any other ventures in the media industry?
Yes, his show “Varney & Company” has a strong Facebook presence, and he’s also associated with Fox Nation, a digital platform targeting younger viewers.
What’s a unique fact about Varney’s family?
One of his sons is an organic dairy farmer in New Zealand, a stark contrast to Varney’s media-centric profession.
How does Varney view the future of American farmers?
With the potential trade deal with China, Varney believes American farmers have a bright future ahead.
What are Varney’s views on the digital revolution in media?
He acknowledges the challenges posed by the digital age and emphasizes the need for media outlets to adapt to reach younger audiences.
Disclaimer: The data and net worth figure provided is an estimate and subject to change.