Portrait of Chris Ruddy

Rank #3016

Chris Ruddy

Net worth $0.9B

TV network · United States

Born
Jan 28, 1965
Age
61
Source
TV network
Residence
West Palm Beach, Florida
Citizenship
United States
Marital status
Children
0
Education
Master of Science, London School of Economics; Bachelor of Arts, St. John's University

Net worth over time

Biography

  • Chris Ruddy is the founder and CEO of Boca Raton, Florida-based conservative news outlet Newsmax.
  • He founded Newsmax in 1998 with a $25,000 investment from Mellon banking fortune heir Richard Mellon Scaife (d. 2014).
  • Newsmax went public on the New York Stock Exchange in March 2025; Ruddy owns nearly a third of the company's shares.
  • Ruddy launched Newsmax's cable news channel in 2014. In 2024, it was the fourth-largest news channel in the U.S. with 30 million regular viewers.
  • Newsmax also has an online news site, a news app, a paid subscription and streaming service called Newsmax Plus and two print publications.
  • Ruddy worked as a journalist at the New York Post and the Pittsburgh Tribune-Review before launching Newsmax.

Financial assets

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