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Rich Dudes│How Smart Investing Took Kelly Ripa From TV Stardom to a $120M Net Worth
From talk show host to smart investments, learn how Kelly Ripa amassed her $120 million net worth through real estate, startups, endorsements, and TV hosting gigs.
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Updated May 31, 2023
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It's no surprise that Kelly Ripa is one of the wealthiest television personalities today. After all, she's been gracing our TV screens longer than almost anyone else on daytime television.
From her breakout role on All My Children in the 1990s to transforming Live! with Kelly into the beloved talk show it is today, Ripa is a certified household name.
Kelly, a Camden County College graduate, was awarded a prestigious honor in Hollywood: a star on the Hollywood Walk of Fame.
In 2007, Kelly Ripa and Mark Consuelos founded Milojo, a NY-based production company that earns an estimated $5 million annually.
As of 2023, Kelly Ripa's net worth is an impressive $120 million. So, where does this Emmy Award-winning star get all her money from? Let's take a deeper dive into the career and investments of the beloved TV personality to find out how she's earned her impressive net worth.
Kelly Ripa net worth at a glance
Net worth | $120 million |
Born | October 2, 1970 |
Nationality | American born in Berlin, New Jersey, USA |
Became a millionaire at | Unknown |
Occupations | Actor, TV producer, presenter |
Sources of wealth | TV hosting, endorsements, media, and Milojo |
Asset classes | Entertainment, real estate, and startups |
How Kelly Ripa made her money
How Kelly Ripa made her money
Kelly Ripa, born and raised in Berlin, New Jersey, is the daughter of Esther and Joseph Ripa. Kelly Ripa's rise to fame began in high school when she acted in local theater productions and eventually landed a role as a dancer on Dancin' On Air. This 1986 appearance led to her spot on Dance Party USA and further national exposure.
Her acting career began in 1990 as Hayley Vaughan on the hit soap All My Children, which kept her occupied for 12 years before she auditioned for the late-morning talk show Live! With Regis and Kelly.
After landing the job as Kathie Lee Gifford's replacement on Live!, Kelly's on-screen personality and flair quickly won over audiences. Kelly Ripa's TV career has flourished, co-hosting Live! with Kelly alongside Regis Philbin from 2001 to 2011, Michael Strahan from 2012 to 2016, and Ryan Seacrest from 2017 to 2023.
In 2001, co-hosts Regis Philbin and Kelly Ripa earned a Daytime Emmy Award for Outstanding Talk Show Host. Ripa subsequently claimed the same honor for Live with Kelly alongside Michael Strahan in 2011, 2012, 2015, and 2016.
How Kelly Ripa invests
How Kelly Ripa invests
Kelly Ripa is a well-known television personality and an astute investor with a diverse portfolio, including real estate, startups, brand endorsements, and corporate speaking engagements.
Let’s explore Kelly Ripa's annual salary, acting and presenting roles, hosting and investment ventures, and more to uncover her success as one of America's top celebrities.
Entertainment
Kelly Ripa is a beloved co-host, actress, and presenter who has made a significant name for herself in the entertainment industry over the years. As the current co-host of Live! With Kelly and Ryan, Kelly earns an estimated $20 million annually.
Each episode of the show sees her earning a handsome payout of $120,000 and a bonus of up to $30,000 based on ratings.
Besides co-hosting the popular morning show, Kelly Ripa's talent has gained her national TV exposure. She has anchored events like the Walt Disney World Christmas Day Parade, TV Land Awards, and Lincoln Center at the Movies: Great American Dance. Kelly Ripa is also a valued speaker at corporate events, earning around $150,000 to $300,000 per appearance.
The U.S. media and entertainment industry, valued at $717 billion, is expected to reach over $825 billion by 2023. It includes diverse sectors but has faced challenges due to the pandemic and shifting consumer habits.
Despite the challenges, there are still opportunities for investors. Traditional media investments have expanded to include options like NASCAR and production studios. The industry is poised for growth, focusing on digital, live experiences, and emerging technologies like the metaverse.
Brand endorsements
Kelly Ripa's infectious personality and charm have made her a popular choice for several brands seeking a spokesperson. Companies like Persona Nutrition, Rykä, TD Bank, Pantene, 7UP, Colgate, Ancestry.com, Electrolux, and Tide have all featured the talk-show host in their advertising campaigns.
In February 2020, Kelly Ripa partnered with Persona Nutrition, a personalized vitamin program by Nestlé Health Science.
Source: prnewswire.com
Aside from these, Kelly's Instagram account, which boasts over 3.4 million followers, has enabled her to sign many paid partnerships with other brands, earning her anywhere between $4,600 to $7,700 per sponsored post.
Startups
In 2007, Kelly Ripa and Mark Consuelos founded Milojo, a New York-based production company earning an estimated $5 million annually. It produces documentaries and non-scripted series for networks like Disney+, Bravo, and Oxygen.
Milojo produced two documentaries that premiered at Tribeca Film Festival, the Emmy-nominated “The Streak” for ESPN and the acclaimed “Off The Rez” for TLC.
Source: milojo.com
The outstanding talk show host has executive produced TV series like Dirty Soap and Masters of Reception and worked on scripted projects for ABC, HBO, and Hulu, such as Exhumed: Killer Revealed and The Disappearance of Cari Farver.
Real estate
Kelly Ripa and Mark Consuelos share an impressive real estate portfolio. They purchased their first NYC loft for $2.8 million but later sold it for $6.8 million.
In 2005, the couple bought a $9 million penthouse from Nicole Kidman and sold it for $24.5 million in 2014. Their primary $30 million NYC townhouse features an elevator and five bedrooms.
Kelly Ripa and Mark Consuelos purchased Hamptons a getaway five-bed 5,500-sq. ft. home for $2.35M in 2004.
Source: sheknows.com
The couple also owns a Hamptons beach home, purchased for $2.35 million in 2004, estimated to be worth $10 million to $15 million today, and a ski home in Telluride, Colorado. Their investments showcase their knack for profitable real estate deals.
Kelly Ripa investing quotes
Kelly Ripa investing quotes
Kelly Ripa's journey to her impressive net worth has seen her transition from a talented attendee of Camden County College to dominating daytime television as a celebrated co-host alongside legends like Regis Philbin, Michael Strahan, and now Ryan Seacrest.
Rising to stardom as Hayley Vaughn Santos on the ABC soap opera All My Children, Ripa has since excelled in various television shows as a skilled actress and an engaging television producer. The Live! Star's incredible dedication to her craft led her to receive a star on the Hollywood Walk of Fame, five Daytime Emmy Awards, and an induction into the New Jersey Hall of Fame.
Alongside her husband Mark Consuelos, Ripa gracefully balances a thriving personal life as a working mother of three children while actively contributing to philanthropic causes like the Ovarian Cancer Research Fund.
With her first national TV exposure on the program Dancin' On Air, Kelly Ripa cemented her prominent place on the small screen and has since grown her net worth through wise investments, her innate charm, and her loveable personality.
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