Stephen Colbert is an American comedian and writer, well known for hosting the TV shows, The Colbert Report from 2005 to 2014 and The Late Show with Stephen Colbert since 2015, an American late-night news talk show. However, recently, both Stephen and CBS, the American TV broadcaster, announced that the show is officially ending in May 2026. For the unversed, The Late Show with Stephen Colbert, is the most-watched late-night US TV program and a satire-filled platform often aimed at US President, Donald Trump. Ever since CBS announced that the show would go off air, it has faced extreme backlash.
On July 18, 2025, US Senator, Elizabeth Warren took to her X handle (formerly Twitter) and wrote a note stating how CBS cancelled Stephen’s show, three days after the latter called out Paramount, the parent company of CBS, for its USD 16 million lawsuit settlement with Donald Trump. However, CBS shared that they are cancelling the show because of some financial issues. As Stephen’s most popular show is coming to an end, here’s everything about his whopping net worth, salary and more.
Stephen Colbert’s whopping net worth is more than USD 70 million
Stephen Colbert first gained national recognition as a correspondent, on Comedy Central’s The Daily Show. Later, the satirical news show, The Colbert Report, made him more popular. Over the years, the American comedian and writer has built an impressive career in US TV. According to Celebrity Net Worth, Stephen Colbert’s net worth is a whopping USD 75 million.
Stephen Colbert’s annual salary got a huge hike
When Stephen started his journey with CBS’s talk show, The Late Show with Stephen Colbert, his salary was USD 6 million, and it continued for a few seasons. In October 2019, after Stephen signed a new contract with CBS, which extended his presence until 2023, he saw a significant salary hike. According to Celebrity Net Worth, Stephen’s annual salary was boosted to USD 15 million with the new contract. Later in mid-2023, the American TV host signed a three-year contract extension.
Stephen Colbert owns a luxurious mansion in New Jersey
Stephen Colbert, who is best known for his sharp wit and charismatic presence on The Colbert Report and The Late Show, owns a luxurious mansion in Montclair, New Jersey. In 2017, Stephen purchased the historic mansion for USD 1.7 million. He moved there with his wife, Evelyn McGee Colbert. The mansion was built in 1885 and covers over 5,900 square feet. According to Omni Home Ideas, the current price of the historic mansion owned by Stephen is around USD 3 million.
More about the ending of the show, The Late Show with Stephen Colbert
On July 17, 2025, CBS announced that The Late Show with Stephen Colbert, would broadcast its final show in May 2026. The network which has aired The Late Show franchise is finally ending after a historic run of 33 years. Earlier, David Letterman hosted the show, The Late Show, and then in 2015, Stephen took over the show. On July 17, 2025, the American comedian and writer announced the heartbreaking news on his show, sharing that he had learnt about it the previous night.
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Also Read: Meet Evelyn McGee-Colbert, The Woman Behind Stephen Colbert’s Strength As ‘The Late Show’ Nears End