Craig Melvin's Net Worth Is About to Get a Whole Lot Higher

Craig Melvin's net worth in 2024 will likely be tiny compared to what it'll be in the coming years.

On Nov. 14, 2024, it was announced that Melvin will take over for Hoda Kotb as co-anchor of TODAY when the beloved host retires on Jan. 10, 2025.

"I am beyond excited and grateful," Melvin said on air. "I've enjoyed just a lifetime of blessings and this is the latest in a long line of blessings."

Kotb gushed that Melvin was "literally made for this job," adding, "You have all the things this job needs. You are the right person for it." Co-anchor Savannah Guthrie concurred, telling Melvin that he's "talented, wonderful, hardworking."

How will this affect Melvin's net worth? Only in the best ways. Find out his journey to the anchor seat and how much he's earned so far.

Related: Craig Melvin Reveals the Top Parenting Tip He’s Learned from 'TODAY' (Exclusive)

How did Craig Melvin become famous?

Born in South Carolina, Melvin got a very early start in broadcasting: He was an "Our Generation Reporter" for his local NBC News affiliate, WIS TV, when he was in high school. He later became a producer and reporter for the station in 2001. He was eventually promoted to morning and weekend co-anchor.

In 2008, he moved to the NBC affiliate in Washington, D.C., WRC-TV, where he stayed until 2011. That summer, he became an MSNBC anchor and covered the 2012 presidential election in coordination with both MSNBC and NBC News. He began serving as a co-host of NBC TODAY in 2018, which is when he became a household name.

Related: What Will Hoda Kotb Do Next After TODAY?

What is Craig Melvin's net worth in 2024?

Craig Melvin's net worth in 2024 is estimated to be in the $9 million range when combined with that of his wife, sports anchor and reporter Lindsay Czarniak. Since being named co-anchor of TODAY, it's likely to skyrocket, though those specific figures haven't yet been released publicly.

What is Craig Melvin's salary?

Melvin's current salary is reportedly around $3 million per year. As co-anchor, he'd likely see that at least double: When Kotb first took over as co-anchor in 2018, she took home $7 million annually, according to Page Six.

Related: The 'Today Show' Hosts Ranked By Net Worth