Mike Wallace Net Worth

August 2024 ยท 11 minute read
#Fact1Until the record was broken by Robert H. Schuller in 2008, Wallace hosted the same TV series, 60 Minutes (1968), for the longest time; 38 years and 8 months.2Did the series PM East at Westinghouse Licensing Corporation (also known as Westinghouse Electric Corporation), in New York City, New York.3Anchored the Election Coverage for Westinghouse Licensing Corporation (also known as Westinghouse Electric Corporation), in New York City, New York, in 1960.4He was known to be a very private man.5After his death, he left an impressive $21 million dollar fortune to his wife - Mary Yates, who would also die, 5 months later. His will was submitted to court.6At age 31, Wallace moved to New York City, New York, in 1949, to pursue a career as a game show host and a television personality.7Hobbies: tennis, jogging, sailing, art, politics, dining out and traveling.8Wallace was forced to apologize for a racial slur he had made about blacks and Hispanics. During a break while preparing a 60 Minutes (1968) report on a bank that had been accused of duping low-income Californians, Wallace was caught on tape once he made the joke. Attention was re-drawn to that incident several years later when protests were raised against Wallace's being selected to give a university commencement address at the same ceremony during which Nelson Mandela was being awarded an honorary doctorate in absentia for his fight against racism. Wallace initially called the protestors' complaint "absolute foolishness." However, he subsequently again apologized for his earlier remark, and added that when he had been a student decades earlier on the same university campus, "though it had never really caused me any serious difficulty here ... I was keenly aware of being Jewish, and quick to detect slights, real or imagined.... We Jews felt a kind of kinship [with blacks]," but "Lord knows, we weren't riding the same slave ship.".9Inducted into the Television Academy Hall of Fame. [1991].10Met a young CBS News reporter, Morley Safer, in London, England, where he was worked as the London Bureau Chief, in 1968. Wallace immediately hired him, a couple of years later.11In preparation for Wallace's retirement on 60 Minutes (1968), he traveled to The Violin Virtuoso to interview Itzhak Perlman.12Once owned a house in Manhattan, New York.13Was a Democrat.14In his 38 year tenure on 60 Minutes (1968), he won 21 Emmy Awards.15Along with Louis Lomax, Wallace produced a five-part documentary about the organization, The Hate That Hate Produced, which aired during the week of July 13, 1959. The program was the first time most white people heard about the Nation, its leader, Elijah Muhammad, and its charismatic spokesman, Malcolm X.16Helped created 60 Minutes (1968), the most successful prime-time show in television history.17Owned the Vietnam story on the lead of CBS News. He led it 31 times during Vietnam.18Won the Robert F. Kennedy Journalism Award Grand Prize and Television First Prize. [1996].19Father of Peter and Chris Wallace.20Each week, viewers of 60 Minutes (1968) could expect Wallace to ask the questions they wanted answered by the world's leaders and headliners. He did not disappoint, often revealing more than the public ever hoped to see.21Martha's Vineyard Community Services held a dinner following the Possible Dreams Auction on to celebrate the event's 30th anniversary and honor long-time supporters that included Wallace, himself. His wife, Mary Yates, Livingston Taylor, and auction committee member DiAnn Ray and her husband, Sandy, joined in the applause. [4 August 2008].22Like fellow reporters, Barbara Walters, Dan Rather and Walter Cronkite, Wallace was known to be a very busy television personality.23His favorite 60 Minutes (1968) interview was pianist Vladimir Horowitz.24Wallace said at the time that he had long vowed to retire from hosting 60 Minutes (1968), 'when my toes turn up,' and 'they're just beginning to curl a trifle. It's become apparent to me that my eyes and ears, among other appurtenances, aren't quite what they used to be.'.25During his last years, he also suffered dementia.26In his 38 year run on 60 Minutes (1968), Wallace interviewed over 100 celebrities.27In 2008, his longtime friend Andy Rooney helped him celebrated his 90th birthday, by viewing clips of him, when Wallace hosted 60 Minutes (1968).28Mentor and friends of Harry Smith, Steve Kroft and Lesley Stahl.29Mike Wallace died on April 7, 2012. Just 5 months after his death, his fourth wife and widow, Mary Yates, also passed away.30Just before his death, Pauline Dora was his caregiver.31His wife Mary Yates was 11 years his junior.32Great-grandfather of Caroline.33Upon his death, his ashes were being interred in the cemetery, while some was spreaded over Vineyard Haven Harbor in Vineyard Haven, Massachusetts.34Release of his book, "Between You and Me - A Memoir". [2005]35Was a heavy smoker.36Mike Wallace's family's surname was originally Wallik.37Was sued by both General William C. Westmoreland and CBS News, for reporting that Westmoorland had deliberately falsified estimates of enemy troops strength in Vietnam. The suit was eventually dropped and talked many times about the deep depression that descended on him during the trial.38While working on 60 Minutes (1968), a lifetime of working grueling hours, combined with arguments, the hundreds of airline flights and spending each night in various hotel rooms, had merely taken a toll on him, but did not escape, he collapsed on a plane, and was sent to the hospital where the doctors implanted his pacemaker, and monitored his heart by long-distance.39Before he was a successful news correspondent, he served as announcer on the radio show: "The Green Hornet.".40Met Buff Cobb when he was interviewed her at a radio station in Chicago, before she eventually co-hosted the show Mike and Buff (1951). The two eventually got married.41Before he was a successful news reporter in New York, Wallace was living in Ann Arbor, Michigan, at the time, he began his career as a rip-and-read reporter for $20 a week and worked his way up.42To be a newscaster on television, Myron had decided to use his nickname, which eventually became Mike Wallace.43Before he was hired as correspondent of 60 Minutes (1968), Wallace nearly quit CBS News for a job that would have landed him in the White House. He was covering the presidential election when Richard Nixon asked him to be his press secretary. Wallace was tempted.44During the Iranian hostage crisis, he snared the exclusive interview with the Ayatollah Khomeini. [1979].45Had a pacemaker for over 20 years.46His sister, Helen, was a pianist.47Enjoyed playing tennis.48Each year, he participated in the Jay Murray Kay Prize Speaking contest. Though he didn't win, but he merited his honorable mention, a couple of times, and appeared in plays.49Childhood friend of John F. Kennedy and Nancy Reagan.50Kept his depression a secret for years.51His family used to live not too far away from John F. Kennedy's house.52While in high school, he was a newspaper writer where he got paid $2 a column, for the Brookline Chronicle.53When his father, Frank Wallace, was a teenager, used to work at a grocery store, later became the manager, until his father lost the store at the end of World War I.54Was a popular student at Brookline High School, where he was the sports editor.55The youngest of 4 children.56Attended Edward Devotion School in Brookline, Massachusetts.57Used to play tennis with Johnny Carson.58Before he was a successful news correspondent, he was also an announcer and newscaster on radio.59Was a longtime friend of Joan Rivers.60Enlisted in the United States Navy in 1943 and served as a communications officer during World War II on the USS Anthedon, a submarine tender. He saw no combat, but traveled to Hawaii, Australia, and Subic Bay in the Philippines, then patrolling the South China Sea, the Philippine Sea and south of Japan. Wallace returned to Chicago after being discharged in 1946.61After his 38-year stint as host of 60 Minutes (1968), he retired from hosting duties, full-time, in May 2006, at age 88. The last time Wallace interview was in early 2008.62Lived in Brookline, Massachusetts, up until 1935, when Wallace, aged 17, transferred to Ann Arbor, Michigan, where he was a student at the University of Michigan.63His final 60 Minutes (1968) interview was when he talked with a disgraced baseball star Roger Clemens about his alleged steroid use.64Hosted the pilot episode for 'Nothing But the Truth,' which was helmed by Bud Collyer when it aired under the title, To Tell the Truth (1956). Coincidentally, Wallace was the most frequent panelist on that show.65Was a spokesperson for Parliament Cigarettes.66On March 14, 2006, he announced his retirement as reporter on 60 Minutes (1968) effective in May, 2006. He last appearance on the show was May 21st.67Graduated from Brookline High School in Brookline, Massachusetts, in 1935.68His first 60 Minutes (1968) interview was with the former Attorney General, Ramsay Clark, who talked about police brutality.69Was a longtime friend of Johnny Carson, who was a devout fan of Wallace's show 60 Minutes (1968).70Attended the prestigious Brookline Music School in Brookline, Massachusetts, where he took musical lessons, where he was the concert master of the high school's orchestra.71Was awarded the University of Illinois Prize for Lifetime Achievement in Journalism. [13 October 2007].72Once belonged to the Alpha Gamma Chapter of the Zeta Beta Tau Fraternity.73He was one of Don Hewitt's first choices as the news correspondent of 60 Minutes (1968).74Journalism ran in his family.75After his departure from 60 Minutes (1968), Wallace continued working for CBS News as a 'Correspondent Emeritus,' albeit at a reduced pace, until leaving the network for good in 2008.76Grandfather of Peter, Margaret, Andrew and Catherine.77Before he was a successful news correspondent, Wallace also announced Wrestling in Chicago in the late 1940s and early 1950s, sponsored by Tavern Pale beer.78Was the first television personality ever to have hosted a television show longer than anybody else in the business, in-front of both Bob Barker and Vin Scully.79Had successful triple bypass surgery [2008].80Friends with: Bob Barker, Barbara Walters, Larry King, Johnny Carson, Walter Cronkite, Harry Reasoner, Morley Safer, Charles Kuralt, Barbra Streisand, John F. Kennedy, Charles Osgood, Dan Rather, Ronald Reagan, Nancy Reagan, Harry Smith, Andy Rooney, Don Hewitt, Vanessa Redgrave, Mickey Rooney, Philip Scheffler, Phil McGraw, Regis Philbin, David Letterman, Oprah Winfrey, Rosie O'Donnell, Carol Channing, Joan Rivers, Bob Schieffer, Roger Mudd, Tom Brokaw and Ted Koppel.81Of Russian-Jewish descent.82Before he was a successful news correspondent, he was a game show host.83Was associated with CBS News from 1951, and again from 1963 to 2006.84In high school, the only subject he didn't like was chemistry.85Met a young, unfamiliar singer, Barbra Streisand, on the set of PM East (1961). Exactly thirty years later, he would later interview her on 60 Minutes (1968).86The most shocking interview he had ever done on 60 Minutes (1968) was with Vietnam veteran, Paul Meadlo, where Meadlo confessed his role in the 'My Lai Massacre,' the Vietnam atrocity by American troops that pulled the nation. Wallace told Bradley about this, years after.87Long before his surviving son Chris Wallace worked for Fox News, he worked for 28 years, at two separate news stations, which were both: NBC and ABC.88Was the oldest news anchor of 60 Minutes (1968).89Just before his death, he lived in a care facility in New Canaan, Connecticut.90Despite limiting Wallace's workload on 60 Minutes (1968), which began in 2003, he had found it difficult to remain idle, and had 11 original reports on the show, including interviews that had ranged, in typical Wallace fashion, from talking international politics with Mr. Putin to talking steroids with Jose Canseco.91In 1992, along with widow Mary Yates, he founded Wallace House on the campus of University of Michigan in Ann Arbor, Michigan, a place where journalists, worldwide, can come themselves to study, to hone their craft.92Interred at West Chop Cemetery in Tisbury, Massachusetts, USA.93Didn't cover Richard Nixon until 1967. It was also at the time, Wallace finally covered for Nixon, he was flying around the country, along with the people like Pat Buchanan (who was one of Nixon's speechwriters), and some of the people who eventually wound up with Nixon, in the White House.94Had finally persuaded Dick Salant, who was the president of CBS News at the time, to hire him to work at CBS News, which revitalized Wallace's 43-year career in broadcasting.95He buried his son, Peter, on what would've been his son's 20th birthday.96Had a couple of successful surgeries for circulation in the legs.97All of his siblings - before Wallace, himself - had attended Brookline High School.98At Brookline High School, he was also on the boys track team and served as captain of the tennis team.99Originally wanted to be a lawyer.100Had a speech teacher, Louise Hannan, who taught young Mike how to produced tones from the diaphragm.101His father, Frank Wallace, was the commissioner for Mike's own family, his mother, Zina Sharfman Wallace, was a housewife.102A week after his 80th birthday, he appeared on the final episode of Murphy Brown (1988).103His birthplace, Brookline, Massachusetts, is about 4 miles west of Boston.104Mike Wallace died on April 7, 2012. His ex-60 Minutes (1968) co-anchor Andy Rooney died 5 months before him.105Friend of Ted Yates. After he died, later married his widow, Mary Yates.106Longtime friend of Nancy Reagan, having known her well before she married Ronald Reagan. Their friendship was strained when Wallace conducted critical interviews of Reagan after he became President, but the two reconciled after Reagan's death.107He really wanted to be a radio broadcaster and applied for a position in Muskegon, Michigan upon graduation from University of Michigan. He was turned down. He then applied to WOOD in Grand Rapids, Michigan and was hired and so started his broadcasting career.108Before he was a successful news correspondent, he served as the announcer for ABC and Mutual Radio's "Sky King" (1946-1954).109In the early days of television, Mike Wallace appeared in TV commercials for Golden Fluffo Shortening.110His oldest son, Peter, died in a hiking accident in Greece in 1962; his second son, Chris Wallace, is also a news broadcaster.

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