Neil Cavuto’s net worth after leaving Fox News after nearly three decades and denying deal
Neil Cavuto is leaving Fox News after nearly three decades, with his last day on air being Thursday.
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Neil Cavuto is leaving Fox News after nearly three decades.
Fox News confirmed the departure of Cavuto, who is worth an estimated $25 million, and his last day on air will be Thursday.
Cavuto’s current contract with the network is up next week and while the network offered a new deal, Cavuto denied it.
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News of Cavuto’s departure was first reported by Mediate, per The Hill.
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“Neil Cavuto’s illustrious career has been a master class in journalism and we’re extremely proud of his incredible 28-year run with Fox News Media,” the network said in a statement.
Neil Cavuto is leaving Fox News after almost 30 years on the air (Image: Getty)
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“His programs have defined business news and set the standard for the entire industry. We wish him a heartfelt farewell and all the best on his next chapter.”
Cavuto is one of Fox’s longest-serving anchors.
Along with primetime’s Sean Hannity, Cavuto was one of the few remaining anchors who had been with the right-wing network since its inception in 1996.
Over the years, he had developed a reputation for holding true to Fox News’ original mantra of “fair and balanced,” which regularly saw him question Republicans and conservatives just as much as liberals and Democrats.
He currently anchors Your World on weekdays from 4 to 5 p.m., Cavuto: Coast to Coast on weekdays from 12 to 1 p.m. on Fox Business and Cavuto Live on Saturdays from 10 a.m. to 12 p.m.
The etwork said his programs will be helmed by rotating anchors until a new show debuts.
Neil Cavuto was one of Fox News’ longest-serving anchors. (Image: Getty)
A network source told The Independent that Cavuto’s exit comes after he declined a new contract, which was described as generous.
Cavuto’s new deal saw the 66-year-old host receiving a cut in his salary.
Additionally, the source said, Trump has been complaining about Cavuto’s commentary for nearly a decade now.
If that were an issue, it would have been addressed long ago and on top of that, the source added, the negotiations over a new deal had been in the works since before Election Day.
Cavuto has multiple sclerosis and survived stage 4 cancer and open-heart surgery.
In 2022, he got a second bout of Covid, which put him out of work for about five weeks.
