Jim Acostas $10 Million Net Worth and CNN Salary

Posted by Tandra Barner on Thursday, July 11, 2024

CNN’s Chief Domestic Correspondent Jim Acosta has a net worth of $10 million. His annual salary is reported to be approximately $2 million. Acosta previous worked for CBS affiliates before joining CNN.

Jim Acosta Net Worth 2024

Net Worth$10 Million
Salary$2 Million
Inheritance$60,000
Books Royalties$100,000
Real Estate Assets$7.1 Million
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Real Estate Assets

Jim Acosta owns a $2.5 million townhouse in Washington, D.C., purchased in 2021, generating $90,000 annually. He also has a $1.5 million villa in Arlington, Virginia, acquired in 2022, with an annual rental income of $70,000. His other properties are:

  • $1 million apartment in Alexandria, Virginia, bought in 2020, producing $40,000 annually.
  • $1 million family home in Bethesda, Maryland, purchased in 2021, with a yearly rental income of $50,000.
  • $500,000 rental house in Baltimore, Maryland, acquired in 2022, earning $30,000 annually.
  • $500,000 condo in Richmond, Virginia, bought in 2021, generating $25,000 annually.
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    Income Growth

    Early Career and Local Journalism (1990s-2007): Acosta began his career in local news, working for various stations including WCIV in Charleston and WTTG in Washington, D.C. During this period, his annual income was likely in the range of $30,000 to $60,000.

    CNN Reporter (2007-2010): Acosta joined CNN as a national political correspondent. His salary during this time would have been approximately $70,000 to $100,000 annually.

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    White House Correspondent and Increased Visibility (2011-2018): As CNN’s chief White House correspondent, Acosta’s income increased significantly. His annual earnings during this high-profile role are estimated to be around $100,000 to $150,000.

    Prominent Role and Controversies (2018-2020): During this period, Acosta’s visibility grew due to his high-profile interactions with the Trump administration. His salary likely rose to approximately $700,000 to $900,000 annually.

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    Author and Continued Journalism (2020-present): Acosta has continued his role at CNN while also authoring books and participating in public speaking.

    Fued with Trump

    The feud between Jim Acosta, CNN’s chief White House correspondent, and Donald Trump escalated notably during a press conference in November 2018.

    Acosta challenged Trump on his rhetoric regarding a migrant caravan, leading to a heated exchange where Trump labeled him “a rude, terrible person” and accused CNN of spreading “fake news”.

    Following the confrontation, the White House suspended Acosta’s press credentials, citing his behavior during the event, which CNN contested as retaliatory.

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