Rick Santelli, a renowned financial expert and television personality, has made a significant impact in the world of business and finance. With his extensive knowledge and expertise, Santelli has become a trusted source of information for many individuals seeking insights into the financial industry.
In this article, we will delve into Rick Santelli net worth, his rise to fame, and provide an overview of his early life, career, and personal life.
|July 6, 1956
|Bachelor of Science in Economics
|Source of Wealth
What is Rick Santelli Net Worth and Salary in 2023?
Rick Santelli is an American television personality who has a net worth of $8 million dollars. This impressive figure is a testament to his successful career in the financial sector.
Additionally, Santelli earns a substantial salary, with reports suggesting that he makes over $1 million annually. His monthly income is estimated to be around $0.1 million, further solidifying his status as a highly successful individual in the industry.
Why is Rick Santelli Famous?
Rick Santelli gained fame through his work as an editor for the CNBC Business News network. He joined CNBC in June 1999 and quickly became a prominent figure in the financial world.
Santelli’s expertise lies in interest rates, foreign exchange, and the Federal Reserve. He is a regular contributor to CNBC’s Squawk on the Street, where he provides valuable insights and analysis to viewers.
Rick Santelli Biography Overview
Rick Santelli was born on July 6, 1956, making him 67 years old as of 2023. He attended the University of Illinois at Urbana-Champaign, where he graduated with a Bachelor of Science in economics in 1979. Santelli’s passion for economics and finance began during his college years, laying the foundation for his future success in the industry.
Career and Awards
Rick Santelli is a renowned figure in the world of financial journalism, having joined CNBC as an on-air editor back in June 1999.
He reports live from the floor of the Chicago Mercantile Exchange, with his primary focus being on interest rates, foreign exchange, and the Federal Reserve. Santelli is also a regular contributor to CNBC’s Squawk on the Street which airs every weekday from 9AM-11AM ET.
Before joining CNBC, Santelli had a successful career in the financial industry. In 1979, Santelli joined the Chicago Mercantile Exchange and the Chicago Board of Trade as a commodity trader and order filler for Drexel Burnham Lambert.
He eventually rose to the position of Vice President of Interest Rate Futures and Options. However, sensing changes in the financial industry that were not beneficial to me and my family, Santelli made the switch to full-time journalism with CNBC in 1999.
Over the years, Santelli has been recognized for his significant contributions to financial journalism. His contract with CNBC, worth 20 million dollars for 10 years, is a testament to his value and expertise in the field. This lucrative contract brings his annual salary to approximately two million dollars.
Santelli has also been involved in various controversies throughout his career. Notably, his remarks on February 19, 2009, about the Homeowners Affordability and Stability Plan sparked widespread attention.
Broadcasting from the floor of the Chicago Mercantile Exchange, Santelli accused the government of “promoting bad behavior” and suggested the possibility of a Chicago Tea Party. These comments were seen by some as igniting the Tea Party movement as a national phenomenon.
In recent news, Santelli was criticized for his comments during a live broadcast of The Santelli Exchange on March 5, 2020, regarding the COVID-19 pandemic.
He suggested that it might be better if everyone contracted the virus, arguing that this would not significantly alter the mortality rate but would prevent havoc on global and domestic economies.
Following backlash, Santelli apologized for making what he acknowledged were the “dumbest, most ignorant” remarks about managing the pandemic.
In terms of his personal life, Rick Santelli is married to Terri Santelli. The couple has been living together in Wayne, Illinois since 2015. While Santelli prefers to keep his personal life private, his dedication to his work and his family is evident in his success and the support he receives from his loved ones.
Social Media Accounts
Rick Santelli does not have official social media accounts. However, his presence and commentary on CNBC have made him a well-known figure in the financial community.
FAQs about Rick Santelli
What is Rick Santelli’s height and weight?
Unfortunately, specific information about his height and weight is not publicly available.
How many followers does Rick Santelli have on his social media accounts?
Rick Santelli does not have official social media accounts, so he does not have any followers on platforms like Instagram, Twitter, YouTube, LinkedIn, or Pinterest.
Is Rick Santelli still actively working as a financial journalist?
Yes, Rick Santelli is still actively working as a financial journalist and commentator on CNBC.
Rick Santelli’s journey to success in the financial industry is a testament to his dedication, expertise, and passion for economics. With a net worth of around $8 million and a successful career at CNBC, Santelli has become a trusted source of information for individuals seeking insights into the financial world.
His contributions to CNBC’s Squawk on the Streetand his focus on interest rates, foreign exchange, and the Federal Reserve have solidified his reputation as a financial guru. Through his hard work and commitment, Santelli has made a lasting impact on the industry and continues to inspire others with his knowledge and expertise. Thank you for reading.
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