Monday, August 24, 2015

Judge Judy Destroys the Labor Theory of Value

Investment Watch reports that Judith Susan Sheindlin (née Blum; born October 21, 1942), better known as Judge Judy, is an American lawyer, judge, television personality, and author. Since 1996, Sheindlin has presided over her own successful Daytime Emmy Award winning reality courtroom series named after her, Judge Judy.

Sheindlin passed the New York bar examination in 1965 and became a prosecutor in the family court system. In 1982 Mayor Ed Koch appointed her as a judge, first in criminal court, then later as Manhattan‘s supervising family court judge in 1986.

It was reported in mid-2012 that Sheindlin was the highest paid television personality, making $123,000 per episode of Judge Judy, or $45 million annually for the 52 days per year that she tapes her show. In October 2013 it was reported that Sheindlin was still the highest paid TV star, earning $47 million per year for Judge Judy, which translates into just over $900,000 per workday.

Sheindlin will celebrate her 20th anniversary on Judge Judy beginning in early September 2015. She is the longest serving arbitrator in courtroom programming.

-RW

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