5 of the Richest Money Experts and How They Amassed Their Fortunes
Written by
Vance Cariaga
Edited by
Levi Leidy
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You probably wouldn’t take money advice from someone who doesn’t have much money, so it makes sense that some of the most popular money experts have built up a lot of wealth. But while wealth is a common trait, how they got there can vary widely.
Here’s a look at five of the richest money experts and how they amassed their fortunes.
Suze Orman (Estimated Net Worth $75 Million)
Orman’s early career as a financial advisor eventually landed her a job as vice president of Prudential Bache Securities. She then went on to found the Suze Orman Financial Group, where her wealth began to accelerate. Orman expanded her brand (and fortune) as host of CNBC’s The Suze Orman Show and Suze Orman’s Women & Money Podcast. Additional wealth has come from numerous bestselling motivational and financial books.
Dave Ramsey (150 Million-$200 Million)
Ramsey is best known for The Ramsey Show, a podcast that runs on iHeartRadio and Sirius XM and boasts a weekly audience of about 20 million listeners. According to his website, Ramsey had a net worth of “a little over” $1 million by age 26 but then found himself broke a couple years later after amassing too much debt. He refocused on adopting better financial habits and built his fortune first through real estate holdings and later through his financial advice platforms.
Grant Cardone ($600 Million)
Cardone’s story of rising from a young drug abuser to a renowned entrepreneur and money expert has been well documented. After turning his life around in his early 20s, he rose to CEO of Freedom Motorsports Group, where his main job was training people to sell cars. While still in his 20s he branched out into real estate by founding Cardone Capital and growing it into a multibillion-dollar business.
Cardone added the role of financial mentor in 1990 when he founded Grant Cardone University. The school offers an online sales training curriculum focused on teaching budding entrepreneurs the skills Cardone uses in his own business ventures and explaining how to create a billion-dollar real estate empire.
Tony Robbins ($600 Million)
Robbins has earned fame — and fortune — as a motivational speaker, bestselling author, life coach and actor. But he’s also an entrepreneur who owns more than 30 businesses. As CNBC reported last decade, Robbins spent part of his younger years working an overnight shift as a janitor. The job allowed him to spend his daytime hours networking and scouting business opportunities. Small investments in those businesses led to bigger and more lucrative opportunities, which eventually culminated in worldwide fame as a speaker, coach and author.
Mark Cuban ($5.7 Billion)
Cuban is much more than a money expert, though he has shared his financial expertise through podcasts, interviews and as star of the Shark Tank TV series. He built his fortune as an entrepreneur and investor, having crossed the millionaire threshold in 1990 when he sold his software company, MicroSolutions, for $6 million.
Cuban netted $2 million from that deal. He immediately called his broker and requested that his money be invested for the long term, with the aim of living off those investments for a long time. Less than a decade later, Cuban joined the billionaire class by selling another of his businesses, Broadcast.com, for more than $5 billion.
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