Washington Babylon — July 10, 2008, 10:07 am

Is Fareed Zakaria the $75,000 Man?

Soon after posting my recent articles about the large speaking fees commanded by top journalists and pundits, I was contacted by someone who had once hoped to book Newsweek’s Fareed Zakaria for an engagement. My source contacted Royce Carlton, the speaker’s bureau that represents Zakaria. My source was told that Newsweek’s man would be available at the rate of $75,000 for a one-hour speech. Not to mention first-class airfare and car service.

My research assistant Sebastian Jones contacted Zakaria by email back on June 22 and inquired about his speaking fees, his annual earnings from speaking gigs, and whether he saw any possible conflict of interest in accepting such engagements. Jones never heard back. Yesterday, he contacted Zakaria’s assistant at Newsweek by phone who said Zakaria is currently traveling. Jones emailed her some questions, and I’ll update this story if we get a reply.

Asked whether the $75,000 fee for Zakaria was accurate, Carlton Sedgeley, the president of Royce Carlton, told Jones: “[That] is proprietary information that we give out for parties interested in booking a speaker and is not for publication. We would be very upset if you were to publish that in any form.”

Compare Zakaria’s hourly fee with the median annual family income in the United States of $48,201; also, note that Zakaria, an ardent champion of globalization because it allegedly helps the world’s poor, has told Outlook India that (in the words of the magazine), “action is needed in order to bridge the gap between Washington policy wonks and the general public.”

In the same interview, Zakaria was quoted as saying that globalization might have “a dark side,” but that “cannot mean one wants to stop development. It is scandalous that urban intellectuals, living privileged lives, want to stop people from getting out of poverty.” Indeed.

So here’s another prominent member of the media establishment who, it seems, is comfortable accepting embarrassingly large speaking fees, but not at all comfortable taking questions about the subject.

Note: Sedgeley also declined to reveal the fees commanded by New York Times columnist Thomas Friedman. Friedman, too, failed to reply to requests for comment.

Share
Single Page

More from Ken Silverstein:

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Postcard October 16, 2013, 8:00 am

The Most Cajun Place on Earth

A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits 

Get access to 164 years of
Harper’s for only $39.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

August 2014

The End of Retirement

= Subscribers only.
Sign in here.
Subscribe here.

The Octopus and Its Grandchildren

= Subscribers only.
Sign in here.
Subscribe here.

Francis and the Nuns

= Subscribers only.
Sign in here.
Subscribe here.

Return of the Strongman

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Article
The End of Retirement·

= Subscribers only.
Sign in here.
Subscribe here.

“For those riding the economy’s outermost edge, adaptation may now mean giving up what full-time RV dwellers call ‘stick houses’ to hit the road and seek work.”
Photograph (detail) © Max Whittaker
Post
The Many Faces of Boko·

= Subscribers only.
Sign in here.
Subscribe here.

“People want education. Open a school and they will rush.”
Photograph © The author
Article
The Octopus and Its Grandchildren·

= Subscribers only.
Sign in here.
Subscribe here.

On Stanford University’s origins and vision
“The pervasive fantasy that Silicon Valley doesn’t need the government obscures the role of that government in funding much of the research that built it.”
Photograph © Sallie Dean Shatz
Post
God Lives on Lemon Street·

= Subscribers only.
Sign in here.
Subscribe here.

“Bethel was Oz-like for me. I mean that with all the awe, utter hopefulness, and mythic fear with which Dorothy and her friends had approached that magical city.”
Photograph (detail) ©© Clemens v. Vogelson (Flickr)
Article
Francis and the Nuns·

= Subscribers only.
Sign in here.
Subscribe here.

“A year and a half into his papacy, Pope Francis is looking an awful lot like his predecessors.”
Photograph (detail) © Dan Kitwood / Getty Images

Ratio of the top weekly fee paid a Munchkin in 1939′s The Wizard of Oz to the weekly fee paid for Toto:

4:5

Czech and German deer still do not cross the Iron Curtain.

The Japanese artist Rokudenashiko was arrested for distributing 3D-printer schematics of her vagina in exchange for donations intended for the construction of a kayak.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

In Praise of Idleness

By

I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.

Subscribe Today