Holly Willoughby is one of the most well-known TV presenters in Britain and has built up a substantial net worth in her career.

She is best known for presenting the ITV daytime chat show This Morning, which she announced today (Tuesday, October 10) that she will be quitting.

Taking to social media to confirm the news, the ITV presenter said: "I have let ITV know today that after 14 years, I will not be returning to This Morning.

Oxford Mail: Holly Willoughby has said she made the decision to leave This Morning for her familyHolly Willoughby has said she made the decision to leave This Morning for her family (Image: Lucy North/PA Wire)

"To everyone who has ever worked on the show over the years, thank you so so much." She added that she was making the decision for the benefit of her family.

What is Holly Willoughby's net worth?

According to Heart Holly Willoughby's net worth stands at around £10 million due to "all her TV gigs and her interior design venture with Dragon's Den dragon, Peter Jones".

Meanwhile, Finty estimates her net worth to be $14.4 million, which equates to £11.7 million.

ITV releases statement as Holly Willoughby quits This Morning

In an ITV statement, Kevin Lygo, managing director of media and entertainment, said: “We are sad that Holly is leaving This Morning, but respect her decision which we know will have been extremely difficult for her to make.

“Holly is one of the best-loved, respected and most accomplished broadcasters in the UK.

“She has been at the heart of This Morning for the past 14 years, and she is adored by our viewers.

“Holly has brought her unique brand of warmth, energy, humour and fun to one of the country’s most popular daytime shows, and everyone on the programme will miss her enormously.

“She remains a much-loved member of the ITV family and we look forward to continuing to work with her in the future.”

2023 has already been a turbulent year for Holly who has had to deal with This Morning co-host Phillip Schofield stepping down from the show due to an alleged off-air rift between the pair and then ITV following the revelation that he'd had an affair with a younger male colleague.