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As of 2024, Wendy Williams’ net worth stands at $500,000, a significant decline from her previously reported net worth of $20 million in 2024. The former television host’s financial situation took a hit following the cancellation of her long-running talk show in 2022. Recent revelations from Williams herself in a teaser for her 2024 Lifetime documentary series, “Where Is Wendy Williams,” indicate that she claimed to have “no money” after facing financial challenges exacerbated by health issues and legal guardianship in 2022.
Williams’ financial woes began when her bank accounts were frozen in February 2022 after her former financial adviser deemed her of “unsound mind.” Subsequently, a New York court placed her under a financial guardianship due to risks of financial exploitation, dementia, or undue influence. This turn of events has left Williams without control over her assets and financial affairs, leading to her shocking statement about her financial status in the documentary trailer.
During her tenure as the host of “The Wendy Williams Show,” Wendy Williams earned a salary of $10 million per year, translating to approximately $55,000 per episode. However, the show faced production delays in fall 2021, leading to Williams taking medical leave due to her ongoing battle with Graves’ disease. By October 2021, she was informed that her contract was suspended, and she ceased receiving income from the show during her disability.
Following the cancellation of “The Wendy Williams Show” in 2022, Williams’ current salary status remains unclear as of 2024. It is uncertain whether she receives any form of allowance under the terms of her financial guardianship, further complicating her financial situation.
As of February 2024, Wendy Williams resides under a legal guardianship in a facility to address ongoing cognitive issues stemming from her diagnosis of frontotemporal dementia and aphasia. Despite these challenges, Williams’ medical team notes that she retains her sense of humor and continues to manage certain aspects of her life independently while undergoing necessary care and treatment.
Williams’ family members are unable to contact her directly at the treatment facility, but she occasionally reaches out to them. Her sister, Wanda Finnie, shared that Williams is in a healing and emotional wellness environment, displaying a different persona from the one depicted in the documentary series. This indicates that Williams is actively seeking support and focusing on her well-being amidst her health struggles.
Yes, as of 2024, Wendy Williams remains under a financial guardianship following a court ruling in 2022 due to concerns of financial exploitation and health issues.
Williams’ net worth decline can be attributed to the cancellation of her talk show, financial challenges, and legal guardianship that restricted her control over her assets.
Williams’ health issues, including her diagnosis of frontotemporal dementia and aphasia, contributed to financial struggles as her income stream ceased due to disability, leading to significant financial uncertainties.
The documentary series “Where Is Wendy Williams?” aired on Lifetime in February 2024 and is available for streaming on platforms such as Hulu + Live TV, Sling, DirecTV Stream, Philo, and Fubo.
Before her television career, Wendy Williams gained prominence as a radio DJ known for her candid style. She transitioned to television with “The Wendy Williams Show” in 2008 and also pursued acting roles in films and TV shows.