Paul Magers’s net worth is about $10 million.
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Paul Magers may have left the media industry, but his contributions will not be forgotten easily. During his time in the spotlight, this former news anchor worked on a variety of projects in journalism. Magers’ professional career spanned over three decades, and these years were nothing short of fruitful and incredible.
He began his broadcasting career shortly after graduating from the University of Washington. He was subsequently hired by several elite media houses, and he gave his all until 2017 when he left the industry after a brief hiatus from television.
What is the net worth of Paul Magers?
Despite his unexpected and shocking retirement, Paul Magers had a successful career that provided him with numerous opportunities.
According to reports, the news anchor’s salary is $50,000, and his net worth is estimated to be $10 million.
Paul Magers: Birth, Parents, Siblings & Education
Santa Maria, a lovely city in California, is the location where Paul Magers took his first breath. Although his parents’ identities are unknown, he was born on May 15, 1954.
Despite his celebrity both within and outside of the industry, information about the news anchor’s family history, relatives, childhood, and early life is missing from the picture.
His elder brother, Ron Magers, was born on August 27, 1944, in San Bernardino, California, and is the only known member of his family. It’s unclear whether Ron and Paul have any other siblings.
The respected journalist spent the majority of his childhood in Ellensburg, Washington.
He graduated from the University of Washington with a bachelor’s degree in 1977 and a juris doctorate in 1979.
Hamline University School of Law, a prestigious institution in St. Paul, Minnesota, bestowed the degree on him.
Paul Magers: Professional Career
Paul Magers’ first job after graduation was with the Minneapolis-Saint Paul television station KSTP-TV. After some time there, the news anchor landed a job as an on-air reporter at KATU-TV in Portland in 1979.
Two years later, he began working as an anchor and reporter at KGTV-TV in San Diego before moving to the Twin Cities to begin his career with KARE-TV.
Magers worked for KARE-TV for 20 years before moving on to CBS’ Los Angeles-based television station, KCBS-TV, in 2004.
During his time in the industry, he hosted a number of special programs and anchored the evening newscasts.
He also moderated political debates and participated in a number of community programs, including a television broadcast that aired in 1997 to raise funds for flood relief in Minnesota.
Paul’s outstanding performance did not go unnoticed in the industry, as he was showered with several well-deserved awards, including a Golden Mic Award and multiple Emmys.
In the month of March 2017, the American top-notched newscaster publicly announced his decision to leave the media industry, bringing to light his long struggle with alcoholism.
This was after he had received the assistance he required to overcome his alcoholism.
Prior to his retirement, Paul Magers had taken a brief break from television to devote his full attention to his treatment.
Following his recovery, he shared his story in order to support and encourage people suffering from alcoholism.
Paul Magers: Relationship Status
Paul Magers is a wonderful husband and father. Despite the challenges and pitfalls that he had encountered, he was able to provide for his family.
Kathryn Magers is the only woman who holds a special place in Paul’s heart. They have two daughters, Emily Magers and Anna Magers, from their marriage.
Paul and Kathryn’s marriage is still shrouded in mystery, as the retired news anchor has not revealed the year or location of their wedding.
Nonetheless, the journalist tweets about his daughters and shares memorable moments with them on occasion.
Mager and his family live in their $6.5 million Beverly Hills mansion, which he purchased in 2004.