At 53 years old, Jim Acosta has made a significant mark in American journalism, earning a net worth of approximately $10 million. His career at CNN, where he served as Chief Domestic Correspondent, has come to an end after years of impactful reporting. With an estimated annual salary of $2 million, Acosta has not only built his reputation as a respected political journalist but also secured his wealth through strategic real estate investments. His decision to leave CNN marks the beginning of a new chapter in his career.
Who is Jim Acosta?
Born on April 17, 1971, in Washington, D.C., Abilio James Acosta was raised with a passion for journalism. He attended James Madison University, where he earned a degree in Mass Communication and Political Science. From a young age, Acosta showed a strong interest in media and reporting, eventually building a career that spanned multiple decades and made him a household name in political journalism.
How Did Jim Acosta Begin His Journalism Career?
Acosta’s journalism journey began at local CBS affiliates, working for WSVA radio, WBIR-TV, and KTVT before moving to WBBM-TV in Chicago. His experience at these local stations refined his reporting skills and paved the way for his transition to national news.
His big break came when he joined CBS News as a correspondent, covering major political events, including the Iraq War and presidential elections. His ability to deliver hard-hitting stories and challenge political figures set him apart. In 2007, CNN recruited Acosta, a move that would define the next chapter of his career.
What Made Jim Acosta Famous at CNN?
During his 17-year tenure at CNN, Acosta became known for his fearless reporting, particularly during Donald Trump’s presidency. As CNN’s Chief White House Correspondent from 2018 to 2021, he gained national attention for his heated exchanges with President Trump. His tough questioning style and relentless pursuit of facts often made headlines, earning both praise and criticism.
Acosta’s confrontation with Trump in 2018 over immigration policy led to the temporary suspension of his White House press pass, sparking a national debate about freedom of the press. CNN took legal action, and Acosta’s credentials were eventually restored, reinforcing his reputation as a journalist unafraid to challenge authority.
After Joe Biden’s election in 2020, Acosta transitioned to a role as CNN’s Chief Domestic Correspondent, moving away from the White House beat but continuing to cover political and social issues in the U.S.
Why Did Jim Acosta Leave CNN?
On January 30, 2025, Jim Acosta announced his departure from CNN after careful consideration of a new time slot offer. While CNN was open to keeping him, Acosta chose to pursue new opportunities outside the network. His exit comes at a time when CNN is undergoing significant changes in its programming and staffing.
Though he has not publicly disclosed his next move, industry insiders speculate that Acosta might join another news network, start his own media venture, or focus on book writing and public speaking. Given his experience and strong following, his next step is highly anticipated.
How Did Jim Acosta Build His $10 Million Net Worth?
Acosta’s $10 million net worth is the result of his lucrative salary at CNN, book deals, speaking engagements, and real estate investments. Below is a breakdown of his primary income sources:
| Income Source | Estimated Earnings |
|---|---|
| CNN Salary | $2 million per year |
| Book Royalties | $500K – $1 million |
| Public Speaking | $50K – $100K per event |
| Real Estate Investments | $3 million+ |
His real estate portfolio has played a significant role in increasing his wealth. Over the years, Acosta has invested in properties in Washington, D.C., and Florida, which have appreciated in value.
What Books Has Jim Acosta Written?
Jim Acosta has authored influential books that reflect his experiences in journalism and provide insights into American politics. His best-known book, “The Enemy of the People: A Dangerous Time to Tell the Truth in America” (2019), details his confrontations with the Trump administration and the challenges journalists face in today’s political climate.
With his departure from CNN, Acosta may focus on writing more books, further adding to his wealth and influence.
What is Jim Acosta’s Legacy in Journalism?
Acosta’s legacy is one of fearless reporting, holding power accountable, and standing firm in journalistic integrity. His bold questioning during White House press briefings, combined with his extensive coverage of national issues, has cemented his place among America’s top political reporters.
While some critics label him as confrontational and opinionated, his supporters see him as a defender of press freedom. Regardless of perspectives, his influence on modern journalism is undeniable.
What’s Next for Jim Acosta?
With his departure from CNN, Jim Acosta’s next career move remains a mystery. Potential paths include:
- Joining a rival news network – Acosta’s reputation and audience appeal make him a valuable asset for networks like MSNBC, CBS, or even an independent media company.
- Launching his own media venture – Following the trend of journalists creating their own platforms, Acosta could start a podcast, digital news platform, or independent news channel.
- Focusing on book writing and public speaking – Given his experience and expertise, Acosta may take on more speaking engagements and write additional books on politics and media.
Regardless of where he goes next, Acosta’s sharp political analysis and fearless journalism will continue to shape media discourse.
Final Thoughts
Jim Acosta’s departure from CNN marks the end of an era for the network and the beginning of a new chapter in his career. With a net worth of $10 million and an illustrious career spanning over two decades, he remains a significant figure in American journalism. Whether through broadcast media, independent reporting, or authorship, Acosta’s influence is far from over. His legacy as a bold and uncompromising journalist will continue to inspire future generations in the field.