Tim Malone, a name that’s been making waves in the real estate industry, has captured public attention not just for his professional achievements but also for his high-profile relationship with CNN anchor Don Lemon.
As we look ahead to 2025, there’s growing curiosity about Malone’s financial standing. Let’s take a comprehensive look at Tim Malone’s net worth, his journey to success, and what contributes to his wealth.
Who is Tim Malone?
Tim Malone was born on April 6, 1984, in Water Mill, a peaceful hamlet in Southampton on Long Island, New York. Raised in an Irish-Catholic family, he learned the values of community service and maintaining close family ties from a young age.
Growing up, he regularly attended Sunday church services and participated in local volunteer activities—habits shaped by both family tradition and community expectations.
At Southampton High School, which he attended until his graduation in 2002, Tim was known for his quiet leadership, running on the track team and serving on the student council. He credits his teachers for helping him cultivate a love for storytelling and business.
After high school, Tim studied at Boston College in Massachusetts. There, he majored in history and journalism, graduating with a Bachelor of Science in 2006.
The combination of humanities and media education equipped him with strong writing abilities and a disciplined, detail-oriented approach—skills that would prove valuable in both advertising and real-estate marketing later in his career.
Professional Life
Malone began his professional journey in the world of media and advertising. His first role was at NBCUniversal’s competitive Page Program, where he worked as a production assistant on the “Today Show,” gaining experience with on-air logistics and live television.
Over the next few years, he took on more responsibilities, working with sales teams across NBCUniversal’s USA Network, SYFY, and sports divisions. In these roles, he learned how to pitch sponsorships, manage relationships with clients, and handle high-stakes advertising deals.
He later moved to publishing, becoming Director and then Executive Director of Brand Partnerships at Billboard Magazine. Here, he specialized in managing digital campaigns and developing cross-platform marketing strategies.
In 2017, Tim worked at Jukin Media as an Executive Director, where he handled viral video licensing and audience analytics.
In 2018, Tim made a significant career change by joining The Corcoran Group as a real estate salesperson, focusing on properties in Manhattan and the Hamptons. He leveraged his media expertise to create polished listing videos and strategic social media ads, achieving notable sales early on.
In 2020, he was recruited by Douglas Elliman, where he expanded his portfolio to include historic brownstones and new developments, and even handled the sale of Don Lemon’s Harlem condo.
In 2024, Tim took on a new role at Compass, embracing its data-driven platform and referral network that connects the New York City market with resort destinations like Palm Beach. Throughout his professional life, Tim Malone has demonstrated adaptability, determination, and a talent for combining media savvy with business acumen.
Early Career in Media
Tim Malone began his early career in media right after graduating from Boston College in 2006. He joined the NBCUniversal Page Program, a prestigious entry point for future media professionals.
In this competitive year-long program based in New York, Malone worked as a production assistant for the “Today Show.” His duties included on-air logistics and assisting with the live broadcast, which gave him hands-on experience behind the scenes of a major network morning show.
After his initial role, Malone moved into the sales departments at NBCUniversal, working with networks like USA and SYFY, and on high-profile sporting events.
Over the years, he developed skills in sponsorship pitches, client management, and learned how to handle advertising for major televised sports events such as Sunday Night Football, the Premier League, the NHL, and the French Open.
Malone remained with NBCUniversal until 2013, growing his expertise in both production and media sales, before his eventual transition into brand partnerships at Billboard Magazine, and later, audience analytics at Jukin Media.
Transition to Billboard
Malone transitioned to Billboard Magazine in 2013 after leaving NBCUniversal. At Billboard, he served as the Director, then Executive Director of Brand Partnerships, a role he held until 2016.
His main responsibilities involved building relationships with major brands and coordinating advertising campaigns, allowing him to use his media and sales skills to connect music, artists, and advertisers in new ways.
This position required Malone to oversee digital campaigns and cross-platform marketing initiatives, helping Billboard expand its digital and social presence during a transformative time for the music industry.
His time at Billboard deepened his experience with branded content and strategic partnership, skills that would later support his successful transition into real estate marketing.
Pivot to Real Estate
Tim Malone pivoted to real estate in 2018 after spending over a decade building his career in media and advertising. His first step into this new field was joining the Corcoran Group, a leading real estate brokerage in New York City, as a licensed agent.
Malone leveraged his polished skills in marketing and client relations—acquired from roles in companies like NBCUniversal and Billboard—to create effective listing presentations and digital campaigns, quickly establishing himself in Manhattan and the Hamptons markets.
In 2020, he made another strategic move by joining Douglas Elliman, broadening his portfolio to include both historic homes and new developments. Malone became especially known for representing high-profile clients and properties, such as selling Don Lemon’s Harlem condo.
This reputation for handling major transactions was supported by his deep local knowledge and an ability to utilize media-driven approaches to real estate marketing.
By 2024, Tim Malone advanced his career further by joining Compass, citing the company’s focus on data-driven tools and expansive referral networks, which allowed him to connect city buyers with resort markets.
Throughout his real estate journey, Malone’s previous experience in media guided his success in creating memorable marketing campaigns, staging luxury properties, and delivering high-quality customer service in a competitive industry.
Tim Malone’s Net Worth Details
As of 2025, Tim Malone’s estimated net worth stands at an impressive $12 million. This wealth accumulation is the result of his successful career in television advertising sales, his thriving real estate business, and smart investment choices.
Sources of Wealth
Malone’s financial success comes from a combination of lucrative real estate activity, smart property investments, and a foundation in media and advertising.
1. Real Estate Commissions
- Malone’s primary source of wealth is his work as a high-end real estate broker, focusing on luxury properties in New York City and the Hamptons.
- He earns significant commissions from these transactions, often handling multi-million-dollar deals.
- His portfolio includes sales of luxury condos and houses, both as a listing agent and buyer’s agent.
2. Property Investments
- Malone personally owns real estate, including residential properties in Sag Harbor (Hamptons) and former stakes in Manhattan.
- These investments have appreciated over time, boosting his net worth significantly.
- For example, a Hamptons home reportedly bought for $3 million is now valued around $4.5 million.
3. Media and Advertising Career Earnings
- Before his real estate pivot, Malone spent over a decade in media, notably at NBCUniversal (sales and production roles) and Billboard Magazine (brand partnerships executive).
- His work included ad sales, campaign management, and securing brand deals, providing a strong financial foundation for his later ventures.
4. Additional Ventures
- Malone is involved in business investments, with mentions of tech startups and other ventures contributing to his overall wealth.
- Occasionally, he receives income from endorsements, public appearances, and behind-the-scenes media consulting, though these are not his primary income streams.
Tim Malone’s Real Estate Portfolio
Malone’s personal real estate investments have played a crucial role in building his net worth. While specific details of all his properties aren’t public, we know of a few key investments:
- Harlem Apartment: In 2020, Malone and his partner, Don Lemon, sold a condo in Harlem for $1.75 million. The 1,400-square-foot apartment featured 2 bedrooms, 2.5 bathrooms, and a terrace with views of Harlem.
- Hamptons Home: Malone owns a residence in Sag Harbor, in the Hamptons neighborhood. He reportedly purchased this property for $3 million, and it’s now estimated to be worth around $4.5 million.
These property investments not only provide personal living spaces but also serve as valuable assets that appreciate over time, contributing significantly to Malone’s net worth.
FAQs
1. Who is Tim Malone?
Tim Malone is a real estate agent based in New York City, known for his expertise in luxury properties. He is also recognized as the husband of former CNN anchor Don Lemon. Born on April 6, 1984, in Water Mill, New York, Malone has built a successful career in real estate and is actively involved in philanthropy.
2. What is Tim Malone’s professional background?
Tim Malone began his career in media, working at NBCUniversal before transitioning to roles in advertising and brand partnerships at Billboard and Jukin Media. In 2018, he shifted to real estate and currently works with Douglas Elliman, specializing in high-end properties in Manhattan and the Hamptons.
3. How did Tim Malone meet Don Lemon?
Tim Malone met Don Lemon at a restaurant in the Hamptons in 2015. They officially began dating in 2016 and became engaged on April 6, 2019. Their relationship became public during CNN’s New Year’s Eve broadcast in 2018 when they shared an on-air kiss.
4. When did Tim Malone and Don Lemon get married?
Tim Malone and Don Lemon married on April 6, 2024, after a five-year engagement. Their ceremony took place at the Fifth Avenue Presbyterian Church in New York City, followed by a celebration at the Ralph Lauren Polo Bar.
5. What are Tim Malone’s contributions to his community?
Tim Malone is actively involved in philanthropy, particularly supporting LGBTQ+ rights and other charitable causes. He also mentors aspiring professionals and participates in social welfare initiatives within his community.
6. What are some of Tim Malone’s achievements in real estate?
Tim Malone has established himself as a prominent figure in luxury real estate, closing multi-million-dollar deals and developing innovative marketing strategies. His expertise spans both resales and new developments across Manhattan and the Hamptons.
7. What is known about Tim Malone’s personal life?
Tim Malone was born to Richard and Joanne Malone and has one sister, Mary Jo Malone. He attended Southampton High School and later graduated from Boston College with a degree in journalism/history. He shares his life with Don Lemon and their three rescue dogs.
8. What are Tim Malone’s hobbies and interests?
Tim enjoys activities like boating, barbecuing, ice skating, cooking, and solving puzzles with Don Lemon. The couple often shares glimpses of their life on social media, highlighting their love for travel, dining out, and spending time with their dogs.
9. How does Tim Malone balance his personal and professional life?
Tim balances his demanding career as a real estate agent with his personal life by prioritizing family time with Don Lemon and their pets. His ability to stay organized and focused has allowed him to excel professionally while maintaining a fulfilling personal life.
10. What makes Tim Malone an influential public figure?
Tim’s success as a real estate agent, combined with his advocacy for LGBTQ+ rights and active community involvement, makes him an inspiring public figure. His authenticity, dedication to philanthropy, and strong personal values resonate with many people.