Dan Rather Net Worth 2022: The Killian Documents Scandal and the CBS Exit!

Dan Rather is a journalist from America. He formerly served as a national nightly news anchor. In September 1961, his reports during Hurricane Carla saved tens of thousands of lives, making him a national celebrity.

Rather developed the first weather radar report. Rather’s first national broadcast contributed to the successful evacuation of 350,000 individuals.

Bio

Age: 90
Born: October 31, 1931
Country of Origin: United States of America
Source of Wealth: Journalist
Last Updated: July 3, 2022

Early Life and Beginnings of Career

Dan Rather was born on Halloween, 1931, in Wharton, Texas. His mother was Byrl Veda Page, and his father was Daniel Irvin Rather Sr., a ditch digger and pipe worker.

Dan Rather Net Worth

Rather’s family relocated to Houston when he was a child, where he attended Lovett Elementary School, Hamilton Middle School, and John H. Reagan High School.

Rather attended Sam Houston State Teachers College in Huntsville for his undergraduate degree in journalism.

During his collegiate years, he broadcast local football games for KSAM-FM. Rather briefly attended South Texas College of Law after his graduation.

In 1950, Rather began his professional career as a correspondent for the Associated Press. He then reported for United Press, the Houston Chronicle, and other Texas radio stations.

At the conclusion of the 1950s, Rather served as the play-by-play announcer for the University of Houston football team for four seasons.

He began his television career as a reporter for the ABC affiliate station in Houston, KTRK-TV, before being elevated to director of news for the CBS affiliate station in Houston, KHOU-TV.

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Typhoon Carla

In September 1961, Rather broke through as a reporter when he covered Hurricane Carla for his first national broadcast on KHOU-TV.

His reporting, which included the first televised radar image of a hurricane, persuaded more than 350,000 people to abandon the area. The largest evacuation was known at the time, it saved tens of thousands of lives and made Rather a household name.

Begin with CBS News

In 1962, Rather relocated to New York City for a CBS trial position. Subsequently, he was named chief of CBS’s Southwest bureau in Dallas, and then subsequently, he was named chief of CBS’s Southern bureau in New Orleans.

Rather was in Dallas in November 1963 when Kennedy was slain, and he continued to report from the city during the subsequent period of national sorrow. Management at CBS News, impressed by his efforts, assigned Rather as White House correspondent in 1964.

He served as a foreign correspondent in London and Vietnam for the following two years before returning to the United States to cover Nixon’s presidency. In the early 1970s, he covered the Watergate affair, the impeachment processes, and the eventual resignation of the president.

What is the Net Worth of Dan Rather?

Dan Rather is a journalist and former national news anchor who is renowned for his groundbreaking reporting spanning five decades.

The net worth of Dan Rather is $70 million. After covering the Kennedy assassination from Dallas, he was elevated to CBS News and appointed White House reporter.

Later, he became an anchor for the CBS Evening News, a post he held for 24 years until the 2005 Killian documents scandal.

Additional Career at CBS

Following Nixon’s departure, Dan Rather was appointed chief correspondent for “CBS Reports,” and the following year, he was named a correspondent for “60 Minutes.”

Due to his accomplishments, Rather was elevated to managing editor of “CBS Evening News” in March 1981, replacing Walter Cronkite as an anchor. During his tenure, “Evening News” ratings fluctuated dramatically as other television news options began to appear.

After falling to second place, Rather regained the top spot between 1985 and 1989. In 1988, Rather became the host of the newly launched “48 Hours” program.

He co-anchored “Evening News” alongside Connie Chung from 1993 to 1995. Later, in 1999, he became a correspondent for “60 Minutes II.”

Throughout his career as a CBS reporter and anchor, Rather covered a variety of significant events.

The Space Shuttle Challenger accident, the Soviet-Afghan War, the Iran-Contra crisis, and the 2003 invasion of Iraq were among them. Rather did an interview with Iraqi ruler Saddam Hussein prior to the latter event.

The Killian Documents Scandal and the CBS Exit

On “60 Minutes II” in September 2004, less than two months prior to the presidential election, Dan Rather criticized George W. Bush’s 1972-1973 service record in the Texas Air National Guard by presenting four papers.

Later, it was discovered that CBS had neglected to authenticate the 1973 documents presented as true memos; typography experts subsequently concluded that they were forgeries.

Dan Rather Net Worth

Initially, CBS and Rather defended the report by claiming that the memos were legitimate. However, CBS retracted the article shortly thereafter. The subsequent investigation resulted in the termination of story producer Mary Mapes.

Personal History and Achievements

Rather married Jean Goebel in 1957; they had two children: daughter Robin, an environmentalist and activist in Austin, Texas, and son Dan, an assistant district attorney in New York City.

Rather has received multiple Peabody Awards and an Emmy for lifetime achievement, among other honors. In 2007, he was awarded an honorary Doctor of Humane Letters by New York’s Siena College.

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