Sarah Palin Net Worth: How has she made the fortune?

Sarah Palin or Sarah Lousie Palin was the youngest and first female Governor of Alaska, born on February 11, 1964, in Idaho United States. She is an American politician, author, commentator, and television personality.

56-year Salin Palin is 5ft. 5″ tall. She was the first woman to earn the vice-presidential nomination from the Republican Party. She also served as Governor of Alaska from the year 2006 until her resignation in 2009. Sarah Palin’s net worth is $15 million.

Who is Sarah Palin?

Sarah Palin’s net worth is $15 million. She entered politics in the year 1992, and she launched a campaign to become Wasilla city’s mayor. Working as a mayor, she assisted in infrastructure improvements that were funded by an increase in sales tax. After her resignation in the year 2009, she contributed to Fox News, wrote several books, and launched her own online news channel.

Personal Life

A little fact about Sarah is that she eloped with her boyfriend Todd Palin, her high school sweetheart in the year 1988.

They married and are blessed with five children, namely Bristol, Willow, Piper, Track and Trig. While pursuing a graduate degree, Sarah switched colleges many times and finally finished her graduation in communications and journalism from the University of Idaho. Now the couple has several grandchildren too.

Todd Palin appeared to file a divorce from her wife Sarah Palin in 2019 and cited the incompatibility of temperament as a reason for divorce. However, as per Sarah, their marriage isn’t over yet, and the couple is going through counseling.

How Does She Make Money?

Sarah and Todd Palin spent $1.75 million to own a six-bedroom home in Arizona in the year 2011. The couple sold this beautiful house in the year 2016 for $2.275 million. They paid under $1 million and owned a second property in 2015 in Scottsdale, Arizona. The construction of their large dream home began, but the project never completed. In the year 2019, the couple sold a half-constructed house for $6.2 million, and this makes the profit of $5.263 over five years. The couple co-owns various other properties in the Alaska region.

Royalty

Sarah Palin’s memoir ‘Going Rouge’ was one of the best-selling books in the year 2009. It was a topmost position in the category of non-fiction books of the year. More than 2,674,684 copies of this book was sold that year and no other book was close to it. According to Ask the Agent, Sarah had received a $7,000,000 advance for her book from the publisher.

So it is easy to guess the amount of money Palin made when the sales was in. Royalties are based on actual sales of any book and an author does not get royalty unless advance money is earned out. Typically the rate of royalty is 15% of the book’s listed price, and in case of going rouge, it was $28.99. So, Sarah made $4.34 on every book, or we can say a total of $11,608,128.56.

This money is related to U.S. sales and the hardback version only. It means other versions like e-books, English world sales, electronic apps, translations, movie options, serializations, audiobooks, condensations, and merchandise (t-shirts, calendars, mugs, posters, and video games) are not included in the above-mentioned numbers.

Television

Sarah Palin collected $2 million from her T.V. show on The Learning Channel. Moreover, she appeared as a commentator on the Fox News Channel, and her income was $1 million in the first year. She also earned money from Discovery Channel for an Alaska –themed series. Reportedly she got $250,000 apiece for every episode. She collected fees of $100,000 per appearance.

Career Achievements

Early Days of Career

After completing graduation, Sarah Palin worked as a sports reporter and sportscaster on television shows. She hosted a television show at the beginning of her career. After marriage, Sarah assisted her husband in the fishing business.

Political Career

In the year 1992, Sarah started her Republican career and was elected to the City Council of Wasilla. She was elected as the mayor in 1996 because of her campaign for rational and judicial spending of the sales tax revenue. She brought many unique policies during her office term and received both appreciation and criticism for these policies.

She also was successful in securing the same position as mayor in the second term and continued her work effectively, bringing many transforming reforms. She was the chairman of the Alaska Oil and Gas Conservation Commission. In 2006, she edged past her rival in the election for the Governor of Alaska and became the very first woman to be elected as the Governor after the state became the part of the U.S.

Awards and Achievements

Sarah outnumbered other governors in surveys and polls to know the most popular Governor. The popularity ranged 90 percent upward in many polls that were conducted by prestigious media outlets. She is known as a courageous and bold political leader who does not step back, taking up policies that are beneficial for the state in the long run.

Sarah has established an image among people as a person who values ethics and had the courage to take up the battle to get output that was beneficial for the state and people. Her personal memoir Going Rogue has sold around two million copies.

Net worth and Current Salary/Earnings

Sarah Palin has earned a huge amount of wealth. She signed a $7 million huge deal with HarperCollins, who is the publisher of her popular book Going Rogue. Along with this, her salary as the Governor and mayor made her net worth climb to $15 million. Palin was born to parents who were in the teaching profession, and she made her career in politics with her sincere efforts and hard work. Her policies and plans benefitted the two states of Alaska and Wasilla, that she served in. She was loyal to the Republican Party from the beginning and campaigned for Donald Trump in the elections of 2016.

Interesting Facts about Sarah Palin

Some of the interesting facts about Sarah Palin are listed below.

Sarah is of Irish, English and German ancestry
She played flute in the band and showed her talent in a contest
She worked as a sportscaster for KTVA-TV and KTUU-TV after graduation
Sarah was the second runner-up in the Miss Alaska pageant. In Miss Wasilla contest, she also received the Miss Congeniality award. In 1984, she won Miss Wasilla award
Her youngest child Trig was born in the year 2008 and diagnosed with Down Syndrome
On November 2010, Sarah’s second book, “America by Heart: Reflections on Family, Faith, and Flag,” was published
During the earthquake of November 2018, Sarah’s parental home and her home in Wasilla were heavily damaged. Though no family members of the Palin family got injured
Palin and her political action committee was sued by a publisher of New Jersey newspaper over copyright infringement because of the use of the World Trade Center photo soon after the September 2011 attacks
She filed a lawsuit against the New York Times alleging that an editorial portrayed falsely as responsible for inciting the shooting of Gabby Gifford. A federal judge dismissed the lawsuit of Palin’s defamation against the New York Times and declared that he sees no evidence of this intent.
Todd filed a divorce in August 2019 from Sarah, citing the incompatibility of temperament as a reason for divorce.