Michelle Caruso-Cabrera Biography
Michelle Caruso-Cabrera is a politician and journalist from the United States. For over two decades, she was a regular CNBC commentator, including as co-host of Power Lunch and Worldwide Exchange. She sought unsuccessfully for the Democratic candidacy for New York City Comptroller in 2021.
How old is Michelle Caruso-Cabrera? – Age
She is 56 years old as of February 9, 2023. She was born in 1967 in Dayton, Ohio, United States.
Michelle Caruso-Cabrera Family – Education
Her grandparents were immigrants from Italy and Cuba. In 1987, she graduated from Nashua High School. She attended Wellesley College (’91) in Massachusetts, where she paid her tuition in part with a National Merit Scholarship and money from her first summer work as a Pizza Hut waitress. She graduated with a bachelor’s degree in economics. She was elected editor of the college newspaper before to graduation, and she began working as a stringer for The New York Times in 1991, reporting for the education section.
Michelle Caruso-Cabrera Husband
She was married to Paulo Lima and lived in Northern New Jersey in 2007. Caruso-Cabrera is now married to her second husband, Stephen Dizard, an investment banker and Republican Party supporter who has given more than $400,000 to Republicans as of 2020. The couple married in 2014. She moved to Sunnyside, Queens in 2019 after living for several years in the Trump International Hotel and Tower near Columbus Circle in Manhattan.
Michelle Caruso-Cabrera Net Worth
She has an estimated net worth of $3 million.
Michelle Caruso-Cabrera CNBC
She began her career at CNBC in August 1998 and remained there until January 2019, becoming the network’s first Hispanic anchor in 2001. From 2002 to 2003, Caruso-Cabrera co-hosted Power Lunch with Bill Griffeth. She was named Broadcast Journalist of the Year by the National Association of Hispanic Journalists in 2004. In 2005-07, she co-hosted the Worldwide Exchange program with Christine Tan in Asia and Ross Westgate in Europe.
In 2009, Caruso-Cabrera began appearing regularly on Power Lunch as an expert. In 2009, she was appointed to co-host of Power Lunch, a role she held until 2013. In 2016, she returned to Power Lunch as a co-host for the third time. She left CNBC in September 2018 to join the board of directors of a financial firm in Dallas, Texas. Caruso-Cabrera served in that capacity until February 2020.
Michelle Caruso-Cabrera Book
Caruso-Cabrera published You Know I’m Right: More Prosperity, Less Government in 2010. In it, she advocated for the abolition of both Social Security and Medicare, which she referred to as “pyramid schemes,” as well as a number of other conservative ideas. Caruso-Cabrera has stated her desire to dismantle the federal United States Departments of Commerce, Education, Energy, and Labor, as well as the United States Securities and Exchange Commission. She advocated for the legalization of insider trading. She also recommended introducing personal savings accounts, claiming that these would encourage individuals to work longer hours, and transforming Medicare into a corporate-style 401(k) plan. Larry Kudlow, a former CNBC colleague who later became President Donald Trump’s National Economic Council director, wrote the preface to the book.
Michelle Caruso-Cabrera Salary
She earns an annual salary of $1 million.
Michelle Caruso-Cabrera Politics
Caruso-Cabrera was a Republican Party member until 2015 when she converted to the Democratic Party. On February 10, 2020, Caruso-Cabrera submitted formal papers to challenge rookie Representative Alexandria Ocasio-Cortez in the Democratic primary for New York’s 14th congressional district, which includes parts of the Bronx and Queens. Caruso-Cabrera was sponsored by the “traditionally conservative” United States Chamber of Commerce, a business lobbying group that normally supports Republicans, according to Politico.
Caruso-Cabrera’s campaign raised $1 million on April 8, according to her team, and over four dozen finance industry professionals, including private equity executives and investment bankers, made early contributions to Caruso-Cabrera. She finished second in the primary with 11,337 votes, or 18.2% of the vote.
Caruso-Cabrera ran in the general election on the ticket of the Serve America Movement, a New York political party with 349 registered members. She garnered 2,000 votes, or 0.9%, and finished last. Caruso-Cabrera ran for the position of New York City Comptroller in 2021. She faced off against NYS Senator Brian Benjamin, entrepreneur and former US Marine Zach Iscol, NYC Councilmember Brad Lander, NYS Senator Kevin Parker, and NYS Assemblymember David Weprin in the Democratic primary.
She ranked sixth among the contenders in fundraising as of May 25, 2021, with $917,000 in campaign contributions (albeit that includes $300,000 that she herself donated her own campaign). She had $248,000 left but had not satisfied the need for public matching funds.
