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Phillip Schofield net worth: How much does the ex-This Morning presenter earn?

Holly Willoughby is staying on at This Morning but Phillip Schofield’s replacement has not been named  (ITV)
Holly Willoughby is staying on at This Morning but Phillip Schofield’s replacement has not been named (ITV)

Phillip Schofield has said his career in television is over after he “brought [himself] down” following his affair with a younger colleague

The former This Morning presenter, 61, resigned from ITV last week after admitting to having an “unwise but not illegal relationship” with the former colleague.

In an interview with The Sun, he said he felt “utterly broken and ashamed” but insisted he “did not” groom the man.

He told the paper he will “die sorry”, offering his “greatest apology” to his former lover.

Phillip Schofield has said he feels “utterly broken and ashamed” (Jonathan BradyPA Wire)
Phillip Schofield has said he feels “utterly broken and ashamed” (Jonathan BradyPA Wire)

Schofield also spoke to BBC News, saying: “I have brought myself down. I am done. I have to talk about television in the past tense, which breaks my heart.”

He said that if his daughters had not supported him last week, he “wouldn’t be here”. “They’ve guarded me and won’t let me out of their sight,” he said.

Before leaving the network, Schofield earned £730,000 a year for his work at ITV.

Here we take a look at the former presenter’s net worth up until now.

What was Phillip Schofield’s net worth before leaving This Morning?

It is estimated that Schofield is worth between £8.6 million and £9.6 million.

In addition to earning around £730,000 a year for his ITV work, the Sun also reports that he pocketed around £1.45 million for his 2020 book Life’s What You Make It.

In 2019, it was reported that Schofield and his This Morning co-host Holly Willoughby nabbed £150,000 more for working an extra half an hour each day from January.

Schofield earned around £730,000 a year for his ITV work (ITV)
Schofield earned around £730,000 a year for his ITV work (ITV)

After the cancellation of Jeremy Kyle, This Morning’s airtime was increased by 30 minutes, and insiders told the Daily Mirror an extra £300,000 had been allocated to pay Willoughby and Schofield for the additional time.

Schofield has also hosted the British Soap Awards each year since 2006, as well as presenting BBC game show The Cube, and an ITV series called How To Spend It Well....

On top of this, Schofield has a TV production company called Fistral Productions with his wife, Stephanie.

The ex-broadcaster also had a five-year advertising deal with We Buy Any Car, reportedly worth £1 million, which ended in 2022.

Who will replace Phillip Schofield on This Morning?

ITV has confirmed that Holly Willoughby, who usually presents alongside Schofield, will be returning to This Morning on Monday June 5.

The network said she will be joined by other members of the “This Morning family” but have not yet confirmed who Schofield’s full-time replacement will be.