The news industry employs people with different talents and skills. Often their exceptional nature in their particular journalistic direction is linked to years of training and mastery of events and their interpretation in a particular industry or sector on which they focus. In the business world, and especially in business journalism, one of the exceptional reporters in this field, who has a deep understanding of industry trends and also has a clear and concise way of writing her reports, is a woman who is affectionately called Emac by many people. She is better known earlier than Elizabeth Mcdonald or still as Liz Macdonald.
Emac is an experienced, qualified, and respected business journalist who enjoys great respect in the news industry. She has achieved many professional milestones and has much more to come. In the following sections you will learn everything there is to know about her background, career, relationship life, and everything else.
Who is Elizabeth Mcdonald of Fox News and Fox Business?
Elizabeth Macdonald is an American journalist and author born on January 2, 1962, in Rockville Centre, New York, USA, as the daughter of Thomas Owen [father] and Ann Campbell [mother]. She is an American citizen of North American descent. Records show that she was raised in New York with her siblings by their parents.
To date, we have not been able to present accurate and verifiable facts that would indicate which high school she attended. However, as far as her university education is concerned, we know for certain that she studied at Canisius College in Buffalo, New York, where she received her Bachelor of Arts degree in 1984.
After graduating from college, Elizabeth Mcdonald began her career as a financial editor for Worth Magazine. She then began working as a writer for the Wall Street Journal. There, the trained Canisius journalist provided insights into the historic and shady agreement between the Church of Scientology and the IRS. She also shed light on the use of the Internal Revenue Service (IRS) to combat political enemies by the then Kennedy administration.
To this day, Mcdonald’s is recognized as one of the first journalists to sound the alarm in the face of the looming accounting scandals of the 1990s. Her stay on Wall Street did not end until she reported on a series of abuses by the IRS, which later led to a reform of the agency to recognize taxpayers’ rights.
After The Wall Street Journal, Elizabeth Macdonald began working as a senior editor at Forbes Magazine. She covered stock market stories and earnings news. She was also the brains behind the now highly rated annual Forbes list “The World’s 100 Most Powerful Women”.
From Forbes, Lizy joined Fox Television Network in 2007 as a stock editor. In addition to her work as Stock Editor, she hosted all Fox news programs and the Fox Business Show. Through her show, Elizabeth has succeeded in encouraging Americans of all classes, especially the low-income earners, to get a financial education. She educates them about how to use their income for savings and investment purposes. She is indeed unique.
As an author, Elizabeth Mcdonald has written down her thoughts in several books, including “Pictures from Cuba”, “The Wolf Comes” and “The Mindful Teacher”.
What is Elizabeth Mcdonald Net Worth?
With a career spanning 30 years, Elizabeth Mcdonald has definitely achieved good financial status. Moreso, as someone who knows how to handle money, she must have put every penny she earned to good use. Her net worth is currently estimated at around $12 million.
Elizabeth is one of the well-decorated personalities in her profession. She has received up to 14 different awards, including the Gerald Loeb Award for Distinguished Business Journalism, the Newswomen’s Club of New York Front Page Award for Excellence in Investigative Journalism, the Society of Professional Journalists Award for Outstanding Public Service Reporting, and others.
Everything we’ve known about Elizabeth Mcdonald over the years has revolved mainly around her career. There was no mention that she had a partner in her life. When the rumor arose that she was pregnant, it turned out to be false. When people believed and spread the rumor that she was a lesbian, it also turned out to be false.