Oprah Winfrey Is Worth Nearly $3 Billion. Heres How She Made Her Money

Oprah Winfrey Is Worth Nearly $3 Billion. Heres How She Made Her Money

Oprah Winfrey Is Worth Nearly $3 Billion. Heres How She Made Her Money

Updated: March 9, 2018 11:18 AM ET Originally published: January 8, 2018

Oprah Winfrey seems to be everywhere lately starring inA Wrinkle in Time, giving a rousing speech at the 2018 Golden Globes and becominga favorite for the 2018 presidential electioneven though she says she has no plans to run.

It was herimpassioned acceptance speechat the 75th annual Golden Globe awards where she made history asthe first black woman to receive the Cecil B. DeMille Award that really started the 2018 rumor mill. In her speech, she championed women and the MeToo and Times Up initiatives while speaking out about what it was like growing up poor in Milwaukee. In one particularly touching moment, Oprah shared how much it meant to her to watch Sidney Poitier become the first black actor to win the Academy Award for Best Actor in 1964.

What a moment like that means to a little girl watching from the cheap seats as my mom came through the door bone tired from cleaning other peoples houses . . . At this moment there are some little girls watching as I become the first black woman to be given the same award, she said.

s full Cecil B. DeMille Award acceptance speech at the 75thGoldenGlobes

O The Oprah Magazine (@oprahmagazine)January 8, 2018

The legendary 63-year-old Renaissance woman also thanked those who helped her get her start in the entertainment industry, where she made the bulk of her nearly $3 billion net worth over the course of her four-decade career. Indeed, well before her Golden Globes speech, Oprah broke ground bybecoming one of the richest self-made women in America. Oprahs net worth is an estimated $2.8 billion, according toForbes Real Time Net Worth rankings.

Oprah Winfreys story is a true rags-to-riches tale. Oprah started off as a television reporter in Nashville in the 1970s before being offered her own 30-minute talk show on WLS-TV, Chicagos ABC affiliate station. In 1986, it was expanded to an hour and renamedThe Oprah Winfrey Show. It became the highest-rated American talk show ever, running for 25 years from 1986 to 2011. After it became nationally syndicated, Winfrey became a millionaire at just 32 years old, according toBusiness Insider.

Oprah continued to blaze her own path by starting her own production company, Harpo Productions, making herthe first African-American to own a large studio.

Oprah launchedO, The Oprah Magazinein 2000. Over the last 15 years the publication has brought in $1 billion in consumer revenue, according toWomens Wear Daily.

Oprah continued expanding on her success in the media world, writing numerous best-selling books and acting in and producing critically acclaimed films. In 2003, she became the first female African-American billionaire, Business Insider reported. She also started OWN: The Oprah Winfrey Network, a woman-centric cable network. Among OWNs hits isQueenSugar, created by director Ava DuVernay. Its two-night debut in 2016 had an average 2.42 million viewers, according toDeadline.

Oprahs podcast, theSuper Soul Sundayseries, is somewhat of a continuation of the book club she first launched during her TV years, featuring guests like Lin-Manuel Miranda, creator ofHamilton: An American Musical, and authors Elizabeth Gilbert and Cheryl Strayed.

Oprah recently sold a 24.5% stake in OWN for $70 million to Discovery Communications, which now controls 75% of the company. Oprahs net worth was further buoyed by her 10% stake in weight loss company Weight Watchers, an investment thatearned her $70 millionin a single day in 2015 (though sherecently sold 2 million sharesof her stake in the weight-loss company, netting $110 million, according to Bloomberg). Oprah also became a spokesperson for the company,joined recently by producer DJ Khaled.

The company has benefitted from the so-called Oprah bump after her Golden Globes speech Sunday, Bloombergreported that Weight Watchers stock spiked 13%, hitting its biggest intraday gain in two months.

She also recently joined CBS60 Minutesas a special contributor.

Her biggest project in recent years has been her return to the silver screen. Oprah teamed up with another African-American trailblazer, DuVernay, to star in the $100 million reimagined classicA Wrinkle in Time,alongside co-stars Reese Witherspoon and Mindy Kaling.

In addition to her media businesses, Oprah also invests in real estate. She lives on an estate in Montecito, California worth $28.85 million,the Los AngelesTimesreported. According toBusiness Insider, she owns a $14 million ski house in Colorado, along with homes in Hawaii and Tennessee. She recently listed her last Chicago-area home for sale after once owning a Windy City portfolio that included $7.5 million in property downtown, according toTrulia.

She also has her own customized jet worth $42 million, theWall StreetJournalreported.

But the incredibly wealthy Oprah Winfrey isnt just a former television host with an entertainment empire and nice houses.Speculation is running high that she may run for presidentin 2020 after her moving Golden Globes speech Sunday. Host Seth Meyers evenjoked about the possibility during his opening monologue, suggesting she pick Tom Hanks as her vice president.

Meanwhile, L.A.Timesreporter Amy Kaufmantweetedthat, when she asked Winfreys long-timed partner, Stedman Graham, if Winfrey would run for President, he said she would absolutely do it.

I asked Stedman for President. Its up to the people. She would absolutely do it.

Amy Kaufman (@AmyKinLA)January 8, 2018

If the standing ovation Oprah received after her Golden Globes speech is any indication, the people might just be ready for a presidential bid.

I want all the girls watching here, now, to know that a new day is on the horizon, Oprah said during that speech. And when that new day finally dawns, it will be because of a lot of magnificent women, many of whom are right here in this room tonight, and some pretty phenomenal men, fighting hard to make sure that they become the leaders who take us to the time when nobody ever has to say me too again.

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