Edward Joseph McGuire AM, or Eddie McGuire as sports fans will know him as, is an Australian television host, radio presenter, journalist, and commentator. But just how much have these different titles bettered him financially?
Eddie McGuire makes the vast majority of his money through his yearly salary, but he’s also amassed some of his wealth through serving as president of two sports clubs, co-authoring two books, acting as a Lexus ambassador, and from his work as a director at the Victorian Major Events Company.
Let’s take a closer look at who Eddie McGuire is, as well as how he makes — and spends — his hard-earned money.
Who is Eddie McGuire?
Edward McGuire was born on 29 October 1964 in a suburb of Melbourne known as Broadmeadows. He grew up with his parents, Birdie and Edward Snr., and an older brother named Frank.
Eddie attended the St Kilda Christian Brothers’ College on a full scholarship. He started his career at just fourteen years old when he began working as a junior AFL statistician for the Melbourne Herald Sun.
Even at such a young age, Eddie’s talent for statistics and his love for the sport were evident. Once he finished school he began working as a sports journalist at Network Ten and then a sports presenter at Eye Witness News.
In 1994, Eddie landed the role of host on a Channel Nine sports program called ‘The Footy Show’. As it turns out, this was the role of a lifetime as the show became an award-winning success, and Eddie was propelled to fame.
The success of ‘The Footy Show’ brought Eddie many new opportunities and in 1999 he became the host of ‘Who Wants to Be a Millionaire?’ which ran in Australia until 2006.
Over the years he gained more experience as a host. He hosted shows such as ‘Millionaire Hot Seat’, ‘A Current Affair’, ‘Victorian Bushfires’, and ‘This is Your Life’.
He also hosted major international sporting events such as the Olympic Games, Commonwealth Games, Formula One Grand Prix, and Super Bowl.
How Did Eddie McGuire Get So Rich?
His net worth of USD $55 million has many people wondering what he did to get so rich and how he has made his money.
While working as a broadcaster and television presenter, Eddie brings in a salary of USD $3.5 million each year. He also acts as a director at the Victorian Major Events Company which generated AUD $56,661,166 in 2016 alone.
Eddie has also served as the president of the Melbourne Stars Twenty20 cricket franchise as well as the Collingwood Football Club, from which he must’ve earned a pretty penny.
In addition, Eddie is an ambassador for Lexus of Blackburn and his relationship with the dealership has been described as “a longstanding and mutually successful one”.
Finally, Eddie has penned two books that surely didn’t harm his net worth. He teamed up with Jim Main to publish two books; ‘The Darren Millane Story’ and ‘The Footy Show Screamers: Wit and Wisdom o Dermott, Doug, Jason, Rex, Sam, Tim-God, Plugger and more!’.
How Does Eddie McGuire Spend His Money?
Despite having an impressive net worth and most likely a healthy bank account, Eddie isn’t much of a big spender. Like most regular people, Eddie’s biggest splurge has been on his home.
Eddie’s Melbourne home is thought to have cost him approximately AUD $11.575 million. The home, which is located in Toorak, boasts a tennis court, a pool, several gardens, and plenty of open space.
Lastly, Eddie enjoys vacationing with his family. One of his favorite destinations is Big White in Vancouver, Canada, which he describes as “full of Australians and great fun and has a great Christmas feel.”