Ita Buttrose Net Worth Shows Her Success

Ita Buttrose, ABC’s chairman, has a net worth in the millions.

With the salary of  ABC’s key management personnel revealed by smh, people are interested to learn about the salary and expenses of Buttrose. At 33, she was The Weekly’s youngest-ever editor, having started as a copygirl at 15.

In the meantime, she challenged the status quo as the founding editor of Cleo magazine, bringing feminism, fun, relationship advice, and male centerfolds to Australia’s youth in 1972. She was the first female editor of a major metropolitan Australian newspaper and eventually launched her magazine, ITA: “For the woman who wasn’t born yesterday.”

She was appointed Chair of the ABC at the age of 77, chosen by Scott Morrison in a Prime Ministerial captain’s pick over a shortlist of three men.

Ita Buttrose Net Worth In 2022 Shows Her Success

Ita Buttrose is an Australian TV network chairperson and television and radio personality who has a net worth of $8 million.

The 80-year-old ABC boss has garnered a fortune from her career as a magazine editor, publishing executive, and newspaper journalist.

She was the founding editor of Cleo, a high-circulation magazine aimed at women aged 20 to 40 that was open about intimacy, and the editor of the more traditional The Australian Women’s Weekly.

She was the youngest editor of The Weekly, the world’s largest-selling publication per capita. From 2013 to 2018, Buttrose was a panelist on Network Ten’s morning show Studio 10.

She was appointed as the new chair of the Australian Broadcasting Corporation by Prime Minister Scott Morrison in 2019.

Ita Buttrose’s Career As A Magazine Editor

Ita Buttrose left her school Dover Heights Home Science High School, at age 15 to pursue her career in Journalism.

She began her career as a copygirl for The Australian Women’s Weekly at Australian Consolidated Press, owned by the Packer family. She became a cadet journalist for The Daily Telegraph and The Sunday Telegraph in Sydney. Her first byline came in 1959 when she was 17 years old and covering Princess Alexandra’s tour of Australia.

Buttrose’s next job was with Woman’s Own in the United Kingdom, where she worked until she received a personal telegram from Sir Frank Packer.

He enticed the journalist back to Australia by offering her old job as a women’s editor at The Daily Telegraph.

Buttrose was appointed Telegraph women’s editor at the age of 23. In 1972, Buttrose and Packer launched a new publication, ‘Cleo.’ Cleo was instantly successful, selling out its entire first print run in two days.

She edited Cleo until 1975 when she was appointed editor of The Australian Women’s Weekly (1975-76). From 1976 to 1978, she was editor-in-chief of both publications. She then became the publisher of the Australian Consolidated Press Women’s Division, a position she held until 1981. She was appointed Editor-in-Chief of the Daily Telegraph and Sunday Telegraph in 1981.

She became Australia’s first female editor of a major metropolitan newspaper, a position she held until 1984.

She founded her now-closed publishing house and launched her eponymous magazine in the following years.

Ita Buttrose’s Career As A Television Personality

Buttrose debuted on television in the 1990s and early 2000s with Beauty and the Beast. Later in her career, she expanded her role as a commentator on the Nine Network’s breakfast show Today and The Bold and the Beautiful.

She stepped down as a panelist on Studio 10 in April 2018 to focus on other aspects of her life, including maximizing her time with her grandchildren and writing.

Prime Minister Scott appointed her as the chairman of the Australian Broadcasting Corporation in 2019. She was named Australian of the Year in 2013 for her use of her media profile to raise awareness of a number of public health issues.

Ita Buttrose has nine books to her credit, including an autobiography, A Passionate Life.

Her four books were released by Penguins, including, Starting: Penguin Special, A Passionate Life, A Guide to Australian Etiquette, and Mother guilt.

Ita Buttrose’s Career Earnings

Ita Buttrose’s salary as a chairman of ABC in 2022 was revealed by smh to be $205,631.

The generous salary packages of key executives were revealed in the latest annual report, released in October 2022. Buttrose’s salary at the broadcaster increased from $195,350 to $205,631.

Managing Director, David Anderson’s base salary also increased from $897,596 in 2021 to $901,145 this year.

Similarly, Director regional and local Judith Whelan’s total compensation package increased from $485,957 to $511,207.

Buttrose was paid $195,000 in 2020-21, down from $205,000 the previous year.

Similarly, ABC’s chair earned a fortune from her 65 years of a long career in journalism. She began as a copygirl at the age of 15 and rose to become a media titan in her 80s.

Despite the public broadcaster’s annual budget of more than $1 billion, ABC chair Buttrose has revealed her massive funding push.

Speaking to The Australian after a two-week speaking tour of the NSW Hunter Valley, the 80-year-old said that figure was insufficient.

She was “optimistic” that the upcoming federal election in 2022 would provide an opportunity to score more cash.

She also mentioned the broadcaster’s screen productions generated $744 million for the economy between 2017 and 2022 and provided 8,300 full-time jobs for Australians.

The latest three-year funding package for ABC is expected to be announced as part of the federal budget for 2022.