Oprah Winfrey is an American media mogul, TV host and an author. Her net worth is $3.5 billion. Today she earns around $315 million a year due to her highly lucrative diversified media empire. Oprah was first known for her television show "The Oprah Winfrey Show," which aired 4,561 episodes over the course of 25 seasons. The show premiered in the year 1986. The series ended on May 25, 2011, and went on to air 4,561 more episodes. There's a very simple reason Oprah is a multi-billionaire in the present in contrast to being a multi-millionaire as are most of her present-day television hosts, and it can be traced to a simple yet brilliant career decision in the mid-1980s. In the next section of this article, following the signing of an apparently lucrative contract that would pay her $1 million per year, in 1986 Oprah decided to go out herself and set up Harpo, Inc. Media, which operated Harpo Productions and Harpo Studios. In short, Oprah started producing her own show and then transferred it to distributors. This is the reason Oprah made $200-300 million annually when her show was airing that was exponentially higher than the $5ish million per year her fellow superstar daytime hosts made at the time.
Monday, January 16, 2023
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