March 26, 2024
Kate Garraways net worth and financial struggles revealed after husband Dereks care
Kate has opened up about the toll Derek's care has had on her finances Get the latest top news stories sent straight to your inbox with our daily newsletter More Newsletters Subscribe Please enter a valid email Something went wrong, please try again later. More Newsletters We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info Thank you for subscribing! We have more newsletters Show me See Our Privacy Notice See Our Privacy Notice × Group 28 Get the latest top news stories sent straight to your inbox with our daily newsletter Invalid email Something went wrong, please try again later. Sign Up No thanks, close We use your sign-up to provide content in ways you’ve consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info × Group 28 Thank you for subscribing! We have more newsletters Show Me No thanks, close See our Privacy Notice Kate Garraway's earnings and riches have been revealed as she discusses the crippling financial problems caused by her late husband Derek Draper's care. Kate shared in a recent ITV documentary that Derek's continuous treatment amounted to £16,000 per month leading to significant debts for her. These medical costs alone exceeded her monthly income from ITV , not to mention her regular payments for the mortgage and bills. Kate sadly announced the passing of her husband, 56, in January after a prolonged battle with long Covid . In December, he suffered a heart attack from which he never recovered. The life of the former Labour lobbyist is detailed in the new programme, Kate Garraway: Derek's Story, where he shares: "I want you to hear my story." Read More Related Articles Kate Garraway fans heartbroken as ITV airs Derek's Story detailing tragic Covid battle Read More Related Articles Derek Draper's seven-word request to Kate Garraway and kids before heartbreaking death The programme brings to light Derek's health struggles following his virus contraction. Specific scenes show his caregiver Jake assisting him through hyperbaric oxygen therapy to help his recovery, reports the Mirror . Another instance illustrates a mobility coach striving to get Derek back on his feet. However, the cost of these therapies was not light and resulted in an £800,000 debt for Kate. Kate explained that her husband didn't qualify for funded care ( Image: ITV) (Image: ITV) In the documentary, Kate reveals that she's struggling financially: "Derek's care costs more than my salary from ITV and that is before you pay for a mortgage, before you pay any household bills, before you pay for anything for the kids, so we are at a crunch point. I am in debt. I can't earn enough money to cover my debt because I am managing Derek's care and I can't even use the money I do have to support Derek's recovery because it's going on the basics all the time." Documentary director Lucy Wilcox then chimes in, admitting viewers might be 'surprised' to hear Kate discuss financial problems. She assumes people think Kate is "loaded" on account of her TV work. To which Kate responds: "Listen, I'm not going to pretend that I am poorly paid, I have an incredible Job that I love, which is well-paid, but it's not enough." The morning TV presenter estimates her debts range from £500,000-£800,000. Read More Related Articles Giovanni Pernice backed by old partner Michelle Visage in Amanda Abbington feud Read More Related Articles Lorraine Kelly hosts wedding in ITV studio as she celebrates same-sex marriage "If it is like this for me, what is it like for everybody else? Time and time again the system tells us that Derek isn't sick enough, doesn't have enough of a health need to qualify for funded care," she says, framing her struggle as a universal one. She continues, "I've appealed but that still hasn't been processed two-and-a-half, three years later. If this is what it's like for me, what on Earth is it like for everybody else? Something has to be done, or the entire service, the people working in it, everything is going to break." "Derek's care, the basic needs, not including any therapy, which I am happy to pay on top, is nearly £4,000 a week. How can I afford that? How can anybody afford £16,000 a month? Please, God, there could be another 40 years of this." She added: "We are entirely reliant on extraordinary carers but the system in which they work is unbelievably complicated and underfunded, and trying to meet an impossible need. "Why is it that people who get sick and it's no longer considered the right thing for them to be in hospital... why does coming home feel like falling off a cliff?" Top showbiz news Kate and William issue new statement New Death in Paradise star Kate Garraway facing huge bill Tyson Fury hints Paris is pregnant Kate Garraway has been a familiar face on ITV's Good Morning Britain for almost ten years. Thanks to her long service and being liked by those who watch, she gets paid well. It's thought she makes £544,000 a year, with most of that money coming from the TV station. But that's not the only way she gets money. She also has her own programme on Smooth Radio. Because of this, at one time, Kate was thought to have a net worth of about £1.5 million, as some websites say. However, we don't know how much of her savings she's had to use while she took time off to look after her husband and kids, or how much she's spent on care. The show about Kate Garraway and Derek aired on Tuesday, March 26 at 9pm on ITV1, ITVX and STV. Get the latest celebrity gossip and telly news sent straight to your inbox. Sign up to our daily Showbiz newsletter here . Story Saved You can find this story in My Bookmarks. Or by navigating to the user icon in the top right. Follow Daily Record Facebook Twitter More On ITV Labour Party STV Kate Garraway
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