English TV show host and presenter Phillip Schofield has worked with various English TV networks but he is best known for his work with ITV. The 57-year-old presenter is one of the most beloved presenters on TV and has worked for over 38 years in the media industry.

The former BBC journalist has also done work as a theater artist and radio host. In addition to this, he is also one of the best-paid TV hosts in the world.

How Much Is Phillip Schofield’s Net Worth?

Multitalented host Phillip Schofield is worth $12 Million (£9,307,736) as per data from Celebritynetworth in 2019.

Phillip Schofield's fortune is $12 million in February 2020
Phillip Schofield’s fortune is $12 million in February 2020

Source: Hello Magazine

Various other sources claimed that his net worth is close to $12.6 million (£9.8 Million).

How Much Does Phillip Schofield Earn?

Schofield is one of the highest-earning media presenters in the world. He earned $2 million in 2019 alone.

The following table shows the salary received by Phillip on a yearly basis.

Year Earnings
2012 $4,020,000
2016 $2,760,000
2017 $827,010
2018 $1,040,000
2019 $2,200,000

The presenter’s salary increased again and he earned more than double of his £803,000 ($1,035,267) bringing his total compensation from his network to £1.73 million ($2,230,402).

He was also in the center of a controversy after the BBC published the salaries of the presenters of various networks to reveal the gender pay gap among them.

His co-host Willoughby was paid £200,000 ($257,850) less than her colleague on the show.

This revealed the gender pay gap issue in the media industry in the UK and embroiled Schofield in the controversy too.

Career Start In New Zealand

Schofield’s career started at age 19 in New Zealand when he worked on the Youth music program Shazam! In 1982. After this, he went to Britain to work on the Children’s BBC.

Schofield with his colleague on the Morning Show
Schofield with his colleague on the Morning Show

Source: Holly Willoughby

Then he worked with the BBC on the show Going Live! Before signing on with ITV. After getting a few shows on the network like Schofield’s Quest, Ten Ball, etc.

His work on the network made him an instant star and in 2006 he was offered a £5 million ($6,446,250) contract by the network for a two-year extension.

As of 2020, he is the host of the shows Dancing on Ice and The British Soap Awards.

Instagram Earnings

With over 3 million followers on Instagram, the star is one of the most influential presenters on the BBC.

According to Influencermarketinghub, he earns anywhere from $6,138.75 to $10,231.25 per post on the social media platform.

Similarly, with over 4.5 million followers on Twitter, Phillip also earns $14,200 to $17,355 per tweet.

Who Is Phillip Schofield?

Phillip Schofield was born Phillip Bryan Schofield on 1 April 1962 in Oldham, Lancashire, England to Pat Schofield and Brian Schofield.

He has dual citizenship in the UK and New Zealand. He went to Trenance Infant School and later joined Newquay Tretherras School.

Schofield married Stephanie Lowe in 1993 and the pair has two daughters together-Ruby Lowe and  Molly Lowe.

Came Out As Gay On Instagram

Phillip Schofield announced on social media that he was gay in February 2020. The following morning, he came on the This Morning to address his announcement to the fans. He released a statement saying:

The statement by Phillip coming out as gay
The statement by Phillip coming out as gay


You never know what’s going on in someone’s seemingly perfect life, what issues they are struggling with, or the state of their wellbeing – and so you won’t know what has been consuming me for the last few years.

With the strength and support of my wife and my daughters, I have been coming to terms with the fact that I am gay.

Peris Morgan also publicly supported the presenter staging that it takes a lot of guts to come out.

Schofield is married for 27 years as of February 2020 to Stephanie Lowe. They dated for a long time before tying the knot.