Stephen Colbert has officially announced that “The Late Show” will end its run in May 2026. The longtime host, 61, shared the news during Thursday nightâs episode, delivering the emotional update from the Ed Sullivan Theater in New York City.
Even though Colbert is saying goodbye to late-night, not without leaving a significant financial legacy behind.
As “The Late Show” prepares to wrap in May 2026 after 10 seasons, fans are reflecting on the Emmy winnerâs career milestones, impressive CBS salary, and the fortune heâs built along the way.
What Is Stephen Colbertâs Net Worth in 2025?
(Photo by Nathan Howard/Getty Images)According to Celebrity Net Worth, Stephen Colbert is currently worth an estimated $75 million. A large portion of that fortune comes from his long-standing CBS contract, but Colbertâs financial success stretches far beyond “The Late night”.
He began his “Late Show” run in 2015, stepping in after David Letterman’s retirement. His initial salary was around $6 million per year, but that changed drastically as the show gained momentum.
According to Celebrity Net Worth, in October 2019, Colbert signed a contract extension with CBS, increasing his annual salary to $15 million. Another three-year extension came in mid-2023, locking him in as one of the highest-paid hosts in late-night television.
Beyond CBS: Colbertâs Other Income Streams
(Photo by Matthew Eisman/Getty Images)Stephen Colbertâs impressive net worth isnât just the result of his TV salary. Heâs also a bestselling author, stage performer, and voice actor. Heâs lent his voice to major animated projects, including âMonsters vs. Aliens,â.
He also appeared on Broadway, most notably in the New York Philharmonicâs 2011 production of “Company“.
Colbert’s career breakthrough came in the late 1990s as a correspondent on “The Daily Show.” He gained further fame with “The Colbert Report”, which ran from 2005 to 2014 and became a cultural touchstone in political satire.
As a writer and performer, he has earned multiple accolades, including three Emmy Awards for his work on The Daily Show in 2004, 2005, & 2006.
Whatâs Next for Colbert?
Though “The Late Show” is ending, Colbert seems ready to enjoy the next chapter on his terms.
“It is a fantastic job. I wish somebody else was getting it⦠and itâs a job that Iâm looking forward to doing with this usual gang of idiots for another 10 months. Itâs gonna be fun,” he said.
Some fans are speculating about a possible return of “The Colbert Report“âthe satirical show that helped make Stephen Colbert a late-night legend.
The buzz is growing as Colbert prepares to reunite with “Strangers With Candy” co-stars Amy Sedaris and Paul Dinello. The collaboration is scheduled for this November at the New York Comedy Festival, marking the showâs 25th anniversary. And while nothingâs confirmed, a reboot hasnât been ruled out.
As for whatâs next, fans can likely expect to see Colbert channeling his creative energy into other forms. Let’s see how magic unfolds as he dabbles between writing, producing, and making surprise returns to the screen.
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