Wheel of Fortune is one of the longest-running game shows in television history. And while the format and prize structure has changed over the years, one constant has been its host, Pat Sajak. For over three decades, Pat Sajak show has entertained audiences with his quick wit and easygoing demeanor.
Along the way, he’s amassed a considerable fortune. So just how much is Pat Sajak net worth? Let’s take a look.
Pat Sajak Net Worth
Born in Chicago in 1946, Pat Sajak showed an early interest in broadcasting. After college, he landed a job as a weatherman at a local TV station. He quickly developed a following for his humorous approach to the forecast.
In 1977, he auditioned as the Wheel of Fortune host and got the gig. He’s been with the show ever since. In addition to his outstanding game show host on Wheel of Fortune, Sajak has also found success as a game show host, “Pat Sajak Baseball Hour,” and television personality.
He’s hosted several other game shows, including The Price is Right, Casino Slot Machines, and Hobbies & Interests. He also had a short-lived talk show on CBS in 1989 called Pat Sajak weekend. These days, Sajak is mainly retired from television but still makes occasional appearances on programs like Jeopardy! and Who Wants To Be A Millionaire.
So what is Pat Sajak’s net worth? Sajak is worth an estimated $65 million via celebrity net worth. That’s a pretty impressive sum, especially for someone whose main job is sitting behind a desk and spinning a wheel. Most of Sajak’s wealth comes from his work on the Wheel of Fortune. He reportedly earns $12 million per year for his hosting duties. He also has a stake in the show, worth around $40 million.
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Businesses and Investments
Pat Sajak has also done well with his business ventures. In the early 1990s, he and his wife opened a casino in Maryland called “Sajak’s.” The casino was a success, grossing more than $10 million in its first year. They later sold it for $22 million.
Sajak has also made some smart investments over the years. In 2010, he purchased a stake in the Chicago Cubs baseball team for $12 million. The Cubs are now worth an estimated $1.2 billion, so Sajak’s investment is worth a fortune. He’s also invested in other businesses like restaurants and real estate.
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What He Does With His Money
Patrick Michael James Sajak is best known as the longtime host of the game show Wheel of Fortune. But what does he do with all that money? Some might say he just throws it away, but we think he does a little bit more than that. Let’s take a closer look at what Pat Sajak does with his money.
For starters, we know that Pat Sajak donates to several charities. He’s particularly passionate about supporting military families and has worked with the USO. He’s also a big supporter of education and has donated to K-12 and higher education institutions. And, of course, let’s not forget that he’s also a huge animal lover and has given to several animal welfare organizations over the years.
So what does that all add up to? It’s safe to say that Pat Sajak is pretty savvy regarding his money. He’s aware of the importance of giving back and has done so in a way that aligns with his own personal values. We respect that, and we think you should too.
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Charities and Donations
Pat Sajak is a well-known philanthropist, donating to various charities, most notably military families and educational institutions. Here are some of the organizations he has given to:
- USO: The United Service Organization is a nonprofit that provides programs and services to military members and their families.
- K-12 and Higher Education Institutions: Sajak has donated to various schools, including his Alma mater, Columbia College Chicago.
- Animal Welfare Organizations: As an animal lover, Sajak has given to several organizations that support the welfare of animals. These include the Humane Society, the American Society for the Prevention of Cruelty to Animals, and the Wildlife Conservation Society.
Other Personal Investments
Pat Sajak is a well-known investor with several successful business ventures. In addition to his investment in the Chicago Cubs baseball team, Sajak has also invested in other businesses such as restaurants and real estate. Take a closer look at some of Sajak’s most notable investments.
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Restaurants
In the early 1990s, Sajak and his wife opened a casino in Maryland called “Sajak’s.” The casino was a success, grossing more than $10 million in its first year. They later sold it for $22 million.
Real Estate
Sajak has also made smart investments in real estate over the years. In 2010, he purchased a stake in the Chicago Cubs baseball team for $12 million. The Cubs are now worth an estimated $1.2 billion, so Sajak’s investment is worth a fortune. He’s also invested in other businesses like hotels and apartment buildings.
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Lawsuits and Scandals
Pat Sajak has had his share of lawsuits and scandals over the years, but he’s always managed to come out on top.
- In 1991, a former Wheel of Fortune contestant sued Sajak, who claimed that the host had rigged the show. The lawsuit was eventually thrown out of court.
- In 1994, Sajak was involved in a scandal involving then-President Bill Clinton. It was revealed that Sajak had loaned Clinton $1 million during his 1992 presidential campaign. This caused a lot of controversies, and many people accused Sajak of trying to buy influence with the President.
- Sajak has also been involved in several lawsuits with his ex-wife over their custody agreement for their children. However, these lawsuits have all been resolved amicably.
Future Plans
Pat Sajak has said he plans to retire from Wheel of Fortune when his contract expires in 2022. He’s already made arrangements for his replacement, naming Vanna White as the new host.
When asked about his future plans, Sajak says he plans to spend more time with his family and pursue other interests. He also wants to focus on his business ventures and grow his investment portfolio.
Final Thoughts
Pat Sajak is a very successful businessman and philanthropist. He’s savvy with his money and has made wise investments over the years. He’s also been generous with his donations to various charities. We respect him for all he’s accomplished, and we think you should.
