Phillip Schofield's Net Worth: How Much Is The TV Presenter Worth In 2023?

March 2024 · 7 minute read

Phillip Schofield is a well-known English television presenter who has had an illustrious career in the entertainment industry. Despite recent controversy surrounding his personal life, he has been a mainstay of British media for decades. Until May 2023, he was one of the main presenters of ITV’s This Morning and has presented many other programmes for both the BBC and ITV.

Over the years, Phillip has accumulated immense wealth thanks to his successful career. In this article, we will delve into Phillip Schofield’s profile summary, who he is, what his net worth is, how much he earns from This Morning, his house, and whether he is richer than his co-host Holly Willoughby. Finally, we will provide a final word on Phillip’s wealth.

Key Takeaways

Phillip Schofield’s Profile Summary

Phillip Bryan Schofield is a 61-year-old English television presenter born on April 1, 1962, in Oldham, England. He has worked for both ITV and BBC during his career, which spanned from 1982 to 2023. Schofield is best known for his long-standing role as a presenter on This Morning. He was married to Stephanie Lowe in 1993 and they have two children.

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Who is Phillip Schofield?

Phillip Schofield is a well-known English television presenter who has had a long and successful career in the media industry. He was born on April 1, 1962, in Oldham, England, but moved to Newquay, Cornwall, at a young age. He attended Trenance Infant School and Newquay Tretherras School.

Schofield’s career in the television industry began at the age of 17 when he took the position of bookings clerk and tea boy for BBC Radio at Broadcasting House in London. At 19, he moved to New Zealand where he made his TV debut as the initial presenter of the youth music programme Shazam!.

Phillip has also worked in radio as a presenter of Going Live!. He was one of the presenters selected to launch when Radio 1 started broadcasting in FM stereo in 1988.

In 2020, Phillip shocked everyone when he came out as gay and separated from his wife of 27 years. In 2023, he admitted to having an extramarital relationship with a male ITV employee over 30 years his junior. As a result, Schofield resigned from ITV and apologised for the lies after the news of his affair with a young workmate broke out. He was also removed as an ambassador for the Prince’s Trust. In subsequent interviews, Phillip considers his career over.

Despite the recent controversy, Schofield has had a long and successful career in the television industry. He is best known for his longstanding role as a presenter on ITV’s This Morning and has amassed a net worth of $12 million according to Celebrity Net Worth.

What is Phillip Schofield’s net worth?

Phillip Schofield has an estimated net worth of $12 million, largely attributed to his successful television career spanning over three decades. (source: Celebrity Net Worth)

How much does Phillip Schofield earn from This Morning?

Phillip Schofield’s annual salary at the time of his resignation from This Morning Show was reportedly around $865,000. In addition to his salary, he earned £1.45 million for his 2020 book Life’s What You Make It.

In 2019, Phillip and his co-host Holly Willoughby earned an extra £150,000 for working an additional half an hour each day from January. Overall, Phillip Schofield has a net worth of £9.5 million, according to Celebrity Net Worth.

Phillip Schofield’s House

Phillip Schofield has an impressive property portfolio, including a £2 million bachelor pad in Chiswick, which he moved into after coming out in 2020. The property boasts modern décor and features an open-plan kitchen, three reception rooms, six bedrooms, a converted basement, and a garden.

In addition to his Chiswick property, Schofield also owns a family property in Oxfordshire, worth £2.6 million. During the first coronavirus lockdown in 2020, Schofield and his family isolated themselves in this property and even filmed scenes of their ITV show, How I Spend It Well at Christmas, in their home. The property has a large conservatory and a garden.

Schofield also owns two holiday homes in Portugal. The first is a luxurious Algarve holiday home with a swimming pool, beach views, and a spacious terrace, which he often visits during his summer holidays with his daughters. The second is at The Keys development in Quinta do Lago, but the owners were unable to complete it.

Overall, Schofield’s property portfolio showcases his luxurious lifestyle and taste for modern décor and spacious living areas.

Is Phillip Schofield richer than Holly Willoughby?

Phillip Schofield is estimated to be richer than Holly Willoughby. According to Celebrity Net Worth, Phillip Schofield has an estimated net worth of £12 million, while Holly Willoughby has an estimated net worth of $8 million, which is around £6 million.

Various sources state that Phillip Schofield was earning around £700,000 in 2017, while Holly Willoughby was earning around £250,000, which is a third of Schofield’s earnings. However, Holly’s salary was raised through contract negotiations, and she now earns the same as Phillip Schofield, around £865,000.

Aside from her hosting earnings, Holly Willoughby has lucrative brand deals and is an ambassador for haircare brand Garnier. She also has business with Marks & Spencer and is a homeware editor with Dunlem. Additionally, Holly is the founder of the lifestyle brand Wylde Moon, which sells products such as candles and perfumes. She has also written several books, including the 2016 parenting guide, Truly Happy Baby, and 2021’s Tome Reflections.

Overall, while Holly Willoughby has a significant net worth and multiple income streams, Phillip Schofield is still estimated to be richer than her.

Final Thoughts on Phillip’s Wealth

Phillip Schofield has an estimated net worth of $12 million, making him one of the richest This Morning hosts ever. His television career, spanning over three decades, has been the primary source of his income.

In addition to his ITV work, he has also made numerous other investments that brought him massive wealth over the years. Despite hiring a team of wealth management accountants to look after his finances, Phillip’s career has accumulated enormous wealth.

Frequently Asked Questions

What is Phillip Schofield’s current net worth?

Phillip Schofield’s current net worth is estimated to be around $12 million, according to LADbible and Celebrity Net Worth.

How does Phillip Schofield’s net worth compare to other TV presenters?

Phillip Schofield’s net worth is considered to be higher than many other TV presenters, but not the highest. According to Metro, he is estimated to be worth between £8.6 million and £9.6 million, which is less than some other presenters like Simon Cowell and Ant and Dec.

What is the source of Phillip Schofield’s wealth?

The source of Phillip Schofield’s wealth is primarily his career in TV presenting. He has been a familiar face on British television since the early 1980s, and has hosted a number of popular shows including “This Morning” and “Dancing on Ice”. He has also appeared on various other TV shows and has done voice-over work.

Has Phillip Schofield ever spoken publicly about his net worth?

Phillip Schofield has not spoken publicly about his net worth, as he generally keeps his private life separate from his public persona. However, his net worth is often estimated by various media outlets based on his earnings and public appearances.

Does Phillip Schofield have any business ventures outside of TV presenting?

Phillip Schofield does not have any major business ventures outside of TV presenting, but he has endorsed various products and brands over the years. He has also written a number of books, including children’s books and an autobiography.

How has Phillip Schofield’s net worth changed over time?

Phillip Schofield’s net worth has increased significantly over time, as he has become one of the most recognizable and successful TV presenters in the UK. According to Tuko, he was earning around £700,000 in 2017, and his salary has likely increased since then.

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