Money
HOW TO GET RICH WITH A NORMAL JOB
Getting rich or becoming wealthy is a desire that many people secretly harbor. It doesn’t matter if you have a normal job, no job, or run your own business, everybody wants to know how to get richer. Unfortunately for many, this desire is just a lofty dream, especially for those who have a normal job. But, it doesn’t have to just be a dream. Becoming wealthy is a practical goal worthy of pursuit. And despite what cynics and the people who have a penchant for excuses say, it is achievable for everyone. So, if you truly want to know how to get rich with a normal job keep reading, because we’ll show you how in this post.
The truth is, everyone and anyone can get rich. Yes, most millionaires are made from being the owner of their own business, but, that doesn’t mean you can’t become a millionaire too. There are plenty of people all over the world who have amassed serious levels of wealth with just a normal job.
It doesn’t matter if you’re a janitor, a hairstylist, teacher, or a fire fighter, it can and has been done.
But, it doesn’t happen over night and it doesn’t happen by accident. Becoming rich requires a plan that needs to be followed. Fortunately, the plan is an extremely simple 5 step plan than works for anyone who implements it. But the key is disciplined implementation. So, if you’re ready to learn about this very simple plan that if followed, will help you get rich with your normal job, let’s dive in to the juicy details:
HOW TO GET RICH WITH A NORMAL JOB
1. Start Saving 20% of Your Income
First things first, you have to start saving your money. You can’t get rich if you don’t build the habit of putting your money away. Ben Franklin once stated, “Get what you can, and what you get hold, Tis the stone that will turn all your lead into gold.” Andrew Carnegie also said “The fastest way to double your money is to fold them in half and put them in your pocket.”
So, it’s never a bad idea to follow the advice of America’s first millionaire, and one of its all-time richest. That said, find a way to scrape at least 20% of the monthly income you earn from your normal job, and start stashing it away, stacking it, or whatever you want to call it. If you really want to get rich, start saving your money!
If 20% seems like an unreasonable amount to you, just keep this fact in mind, millionaires on average, invest 20% of their net pay each month.[1] If you can’t start at 20% at first, that’s okay, start smaller, with the aim of eventually getting to 20%.
So start small, aim high, but most of all, start.
2. Create a 3 to 6 Month Rainy Day Fund
The foundation of your fortune needs to be built on a rock, not sand. So, before you begin throwing your hard earned money into assets that have double digit growth potential, it’s not a bad idea to create a financial safety net for yourself first.
This three to six month fund is important to have in the event you lose your job, or suffer some type of financial set back like a car accident, unexpected medical bills, etc…
It’s key that if an emergency occurs, that you pull money from your emergency fund, vs. your investments, because investments tend to be more volatile. And if you pull your money for emergencies from investments at the wrong time, you could end up losing lots of money.
On top of this, it is important to never get in the habit of pulling money from your investments. Because once you do, it’ll be hard to stop. At which point, you’ll have created the habit of diminishing your wealth, not growing it.
So build your emergency fund as soon as possible. Then, move on to the next step.
3. Pay Off Your High Interest Debts
Mark Cuban once stated, “If you use a credit card, you don’t want to be rich. The first step to getting rich requires discipline. If you really want to be rich, you need to find the discipline.”
That said, after you create a little security blanket for yourself you’ll be eager to dive into investing. But, you’ll want to show a little more restraint and practice a little discipline by moving on to paying down your high interest debt first.
The reason to pay this debt off first, is because more often than not, your high interest debts can trap you in a form of a vicious cycle. Meaning, you’ll pay your creditors money, but you’ll make very little to no progress paying down the principle.
Creditors love it when you pay on a regular schedule and especially at just the minimum payment, because it makes them richer and slowly impoverishes you. So if the interest rate on your debt is near the average assessed interest rate on credit cards, which is 16.45%, you may want to pay that debt down A.S.A.P.[2]
Why? Because there are very few safe investments that will safely earn you over a 16.45% return a year. Thus, your money will be better used paying down debt that drains your wealth vs. grows it.
Sure, some debt you’ll want to keep and pay down on a regular schedule, (like your car or mortgage) but if the interest is higher on those debts than what you can safely earn in the markets or on investments, then you may want to consider crushing that high interest debt first.
4. Minimize Wasteful Spending
This next step is the hardest for most people. In fact, it’s what leads most people to accrue what they just paid down in step three, debt. Everyone wants to enjoy the fruits of their labor, and the easiest way for people to enjoy the money they make is to spend it.
Splurging can be fun, give us a little endorphin rush, and make us feel like we are “rich”, or that we’ve “made it” because of the material possessions that we now possess. But, this is the area that you’ll have to master if you want to become rich with the income from your day job.
So, get disciplined with your money. Create a budget if you have to, where you only allot yourself so much money to spend every month so you don’t go overboard. Do this, and you’ll be able to not only invest 20% of your income, but likely much more.
Which leads us to the next and most important step for getting rich.
5. Invest Your Money Aggressively, But Wisely
The fastest way to get rich with your normal job is to invest your money aggressively, but wisely. Once you’ve created for yourself a nice financial security fund, have paid down your high interest debts, and reigned in your excessive spending, the world is yours for the taking.
This is the point where you really start to accelerate the growth of your wealth. Every dollar you invest (so long as you invest it wisely) will become a hard working helper for you to create even more money.
A good way to think of every dollar you invest, is to think of it as an investment into a little money miner. And each one of these little green money miners diligently works for you day and night, even while you sleep to make you more and more money. And money that makes money, that makes even more money, is known as compound interest.
The concept is so important that Albert Einstein once quipped, “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
So, to take full advantage of compound interest, you’ll want to invest as much as you can as often as you can.
Get Rich Investing In These
If you’re not sure where to start investing once you’ve taken care of all the other steps, here are some popular investment vehicles for you to consider. Keep in mind, each of these investment vehicles come where their own strengths, weaknesses, and varying risk thresholds. So, the amount you invest in each will be solely up to you, your financial situation, and your personal risk tolerances.
STOCKS
Investing in stocks is like purchasing a small portion of a company. The company uses your money to keep the business running and continue growing. Ultimately, stocks can make you money by both appreciating in value and/or paying you out a monthly or quarterly dividend.
And a smart way to truly accelerate the growth of those stocks, is to reinvest any dividends the stock pays out to repurchase more of your stocks. By doing this, you purchase more and more of those stocks over time, which can create a snowball effective in terms of how fast and how large your assets grow.
Also, if you’re not too keen on hand picking stocks, you can always go with stock ETFs. ETFs are exchange traded funds. In the most simplest terms, they are a collection of stocks that a active manager picks out for you, and manages over time. Small fees are usually involved, but, they are a lower hassle way to invest in stocks.
REAL ESTATE or REITS
Real Estate is another great investment. You can purchase it out right, or invest in a fund that invests in real estate for you, a.k.a. a REIT (Real Estate Investment Trust).
Real Estate can make you money if you rent out the property to a tenant, and that tenant pays you above the cost to pay the mortgage on the property and maintain the asset. Real Estate can also make you money when it appreciates in value.
The same principal applies to REITS, but you are essentially pooling your money, and allowing a manager to do all the dirty work. Of course, these takes control out of your hands as well, and can impact how much you make from your real estate in the long run.
BONDS
Bonds are issued by governments and corporations when they are looking to raise money. And when you invest in a bond, you are essentially giving the issuer a loan which they are obligated to pay back.
Bonds do often pay small interest payments as well, but they’ve been know to be lower than other investment vehicles lie stocks and real estate, but also less volatile.
CRYPTO
Crypto currencies are a more recent investment phenomenon. Some investment experts loathe them, while others love them. In the most simplest terms, they are essentially a digital or virtual currency that uses cryptography to secure them. This cryptography is then suppose to safeguard the digital currency from counterfeiting or double-spend.
As such, many investors buy cryptos to safeguard their wealth from devaluation, unfair meddling by rogue governments, and theft by crooks.
GOLD + SILVER
To mitigate the inherent risk of a portfolio many people invest in Gold and Silver. These assets are stores of value. Investors love these assets because they minimize the risk of one’s wealth depreciating over time.
Ultimately, Gold and Silver are excellent investment choices because their shelf-life is perpetual, and because it is more or less stable.
That said, how you diversify your investments is completely up to you. The most important thing of course, is that you just aggressively invest your money. Because the more aggressively you spread your money across these handful of investments, the richer you’ll be.
Bonus: Become More Valuable
Here’s a little bonus method that anyone can take advantage of to become richer with a normal job. This bonus tip is an accelerator.
This means it merely adds fuel to your push to get rich leveraging the suggestions laid out already. And all it requires is for you to become more valuable.
How do you become more valuable? Learn new skills or take on new responsibilities for your current employer. The best way to do this, is to upskill in some way shape or form.
To upskill, you can simply take a few courses in your spare time to learn something new that will help your employer operate more efficiently, save money, increase sales, or make more money.
Essentially, if you can help your company make more money, they’ll typically make sure you eventually make more money. So, if you want to accelerate your ability to get rich, become more valuable by upskilling. Here are a few upskilling platforms for you to consider.
Final Thoughts
Anyone can get rich, even normal people with normal jobs. But you have to first believe that you can do it, and then you have to back up that belief with disciplined action. Eventually those repetitive actions will turn into habits, and those habits into riches and wealth.
This same principle applies to just about any goal, but it’s especially true with getting rich.
Having said that, we’ve created a downloadable version of the fastest ways to get rich with a normal job. Feel free to save it or print it out for easy access. You can also add it as a wall paper on your smartphone to help you remember these habits for getting rich. Here it is:
(Click Image to Download)
So, work on your mindset, get serious about getting rich with your normal job, and then put these money moves into motion, and you’ll be rich before you know it.
Till then,
STRIVE
PS – If you enjoyed this write up about how to get rich with a normal job, then may enjoy reading these insightful get rich quotes, or these inspirational quotes from the science of getting rich.
Disclaimer: We are not financial advisors. The content on this website is for educational purposes only and merely cite our own personal opinions. Read full disclaimer here.
Money
NOAH KAGAN NET WORTH AND HOW HE BUILT HIS FORTUNE
Noah Kagan is a highly successful entrepreneur, YouTuber, author, and multimillionaire. He’s the founder and CEO of AppSumo, and he’s also launched over 25 other businesses. Needless to say, he believes in entrepreneurship and spends much of his time encouraging people to launch their own businesses.
That said, Noah’s business acumen and his hard-won entrepreneurial expertise has helped him amass an impressive fortune. So, if you’re looking to learn exactly how much he’s worth, then you’ll enjoy this Noah Kagan net worth profile. If you’re ready to dive into the nitty gritty let’s get started:
What Is Noah Kagan’s Net Worth?
Many sources across the web have estimated Noah Kagan’s net worth at varying and implausible amounts. Not only are the figures we came across inconsistent, but they are also inaccurate.
So, we conducted our own research and here is what we came up with. First things first, Noah Kagan has self-disclosed that he holds at least $25 million in just liquid assets alone. [1]
He also owns 60% of his primary money-making business, AppSumo (the highly popular digital marketing place for entrepreneurs), which brings in roughly $120 million in revenue per year. The average multiple for a digital business is around 4x their annual profit (which we estimate to be at around $100 million.)[2]
This means Noah Kagan’s equity from AppSumo is approximately $240 million ($100 million x 4 (x 60%). Therefore, according to our research and analysis which takes into account appreciation and inflation of both his cash positions, investments, and business equity, we place Noah Kagan’s net worth as of 2024 at approximately $270 million.
How Much Does Noah Kagan Make Per Year?
Certainly, Noah’s current net worth begs the question with regards to how much he makes per month or year?
Well, just last year Noah shared that his base take home salary is around $175K per year. But through an ingenious profit distribution model he learned from Amazon, he technically makes over $1 million per year.[3]
That said, he also makes a good chunk of change from his YouTube videos. Over the past year, his newly released videos pulled in approximately 18.5 million views, and his older videos have pulled in heaps of views as well. As such, he earns approximately $110K to $130K per year just from YouTube ad revenue alone.
That said, Kagan’s net worth has earning power too. And a good unwritten rule as a minimum yield for safe investments has been between the 3% to 5% range annually. So, at 4% of his liquid net worth ($25 million), he could easily earn him an additional $1 million per year.
As such, our total estimate for how much Noah Kagan makes per year is approximately $2.13 million. And when he cashes out the equity in his businesses, he’ll likely be able to 5x this figure.
NOAH KAGAN MONEY METRICS
Money Metric | Amount |
---|---|
Net Worth: | $270,000,000 |
**Earnings Per Year: | $2,130,000 |
Per Month: | $177,500 |
Per Week: | $40,964 |
Per Day: | $5,852 |
Per Hour: | $244 |
Per Min: | $4.06 |
Per Sec: | $.06 |
Note: this is a theoretical (but very possible) earnings metric for Noah Kagan based off the earning power of his estimated net worth combined with his estimated monthly income. These calculations are estimates and are for entertainment purposes only.
Noah Kagan’s Social Media Earning Power
In addition to how much Noah makes per year, he can also very easily pull in extra money via his social media channels. How much? Well, let’s run the numbers.
Noah Kagan has around 255K Instagram followers, 128K Twitter followers, 40K Facebook followers, 218K TikTok followers, 78K LinkedIn in followers, and 980K YouTube subscribers. As such, his combined social media reach is roughly 1.7 million.
Therefore, with a following of this size, Noah Kagan’s social media earning power, according to current social media marketing pricing standards, is approximately $5.9K per sponsored post, if marketed across all of his platforms and followers.
Key Facts Fun Facts:
- Noah Kagan Lives in Austin, TX.
- He spent over $2 million to purchase his house.
- Noah once lost $170 million dollars.
- Noah Kagan was born in 1982, and grew up in San Jose, CA.
How Did Noah Kagan Get Rich?
Noah started dabbling with online businesses while still in college. He created a handful of websites and businesses that that were geared towards helping students solve their problems (like creating a Craigslist for college kids, a book exchange platform for students, etc…).
Noah then jumped into the tech industry early on just after college. He got his start with Intel, where he worked as a Geography Marketing Analyst.
While at Intel he launched his own consulting business, known as HFG Consulting, and also started CommunityNext.com. His experience with online businesses helped him land a job at Facebook, where he was employee #30.
After Facebook he moved on to help a personal finance company to grow its userbase. The company was Mint and would eventually get acquired by Intuit. Noah decided to launch his own business after his experience with Mint, so he kick-started Gambit.
With Gambit , he started out making games at first, but then he transformed it into company that would be used to make payments easier for virtual games.
After nearly three years of building up Gambit, he eventually started making decent money (paying himself roughly $360K per year). Unfortunately, his business was banned by Facebook, and his biggest competitor tried to sue him. So he walked away from the business.
AppSumo was launched soon after in 2010 as a digital marketing place for entrepreneurs. Since its inception, Kagan has managed to grow the company by leaps and bounds.
His company now reaches over 300K new entrepreneurs every single month and is worth a whopping quarter-billion dollars.
So, the answer to how did ‘Noah Kagan get rich?’ is… he spent years honing his entrepreneurial chops by starting various businesses. He took many risks with his own money and time to launch multiple businesses that solved problems for others.
He then took the knowledge he had learned from all of his startups, and used it to help other entrepreneurs better navigate the world of entrepreneurship by pulling together helpful digital apps for startups everywhere.
How He Made His First Million
If you’re looking for more insights on how Kagan built his wealth, here’s a great video that he produced himself which highlights how he made his first million.
It’s a 15 minute video, but it’s worth watching if you’re curious to learn more about him, or looking to get inspired:
Video Credit: Noah Kagan (Subscribe Here)
Key Takeaways
Here are some key Noah Kagan takeaways:
- Noah Kagan Net Worth: $270 million
- Annual Earnings **: $2.13 million
- Social Media Followers: 1.7 million
- Social Media Earning Power: $5.9K per sponsored post
- Keys to Success: Trial and Error, Taking Risks, Creating Services That Makes Life Easier For Others
Noah Kagan’s massive net worth is directly related to the service he’s providing others with daily. Not only does his business help simplify the lives of many entrepreneurs, but it also helps them lower costs.
In addition to this, his YouTube channel also adds massive value to others by inspiring them to dream big and start their own business. Noah’s new book, ‘The Million Dollar Weekend‘ also aims to do the same.
Note: We’re reader-supported. When you buy through links on our site, we may earn an affiliate commission.
That said, we hope you’ve found value in this net worth profile. If you enjoyed this Noah Kagan net worth profile, then you may equally enjoy learning about the net worth of other high achievers and inspiring entrepreneurs like the following:
Gary Vee Net Worth | Alex Hormozi Net Worth | Jeff Lerner Net Worth
Till you reach your financial aims,
STRIVE
** These earnings are hypothetical and calculated off of the earning power of Noah Kagan’s net worth alone assuming a 4.0% dividend yield.
Money
KEVIN HART NET WORTH AND HOW HE GOT SO RICH
Kevin Hart is no stranger to success. As a highly accomplished comedian, actor, and producer, he’s become a household name and one of the most recognized and loved personalities in the world of entertainment. And as you’d expect with winning countless entertainment awards, starting his own streaming service, production media business, and putting on multi-million dollar tours, he’s built himself a sizeable fortune.
So, that’s exactly what this page will be highlighting, Kevin Hart’s net worth and his current earning power. We’ll also include a few Kevin Hart fun facts related to his life, success and potential. So, let’s dive in.
KEVIN HART NET WORTH
So, what is the net worth of Kevin Hart? As of 2024, Hart is worth approximately $470 million. However as his popularity rises, and as he continues to flex his business muscles, like his founding of Hartbeat media (currently valued at $650 million), his fortune will only continue to grow.
In fact, we predict Kevin Hart will be a billionaire in just a few short years, especially considering how fast his net worth has grown since 2010; having gone from a net worth of roughly $9 million to $470 million in just 13 short years.[1]
Just in case you were wondering, this comes out to a whopping 5,122% growth rate over the past 13 years. To put it another way, this comes out to a growth rate of roughly 35.5% year over year. Anyway you slice it, it’s extremely impressive!
How Much Does Kevin Hart Make a Year?
With a growth rate like this, you probably want to know what Kevin Hart’s salary is, or how much he makes per year. Well, on average, Hart makes between $50 to $70 million per year in income. This is a conservative estimate based on Hart’s history of having some years that brought in $87.5 million, and some years that brought in $65 million.
So, our cautious estimate of how much Kevin Hart makes is around the $60 million per year mark. Having said that, here’s how much Kevin Hart could make if he decided to hang up his hat and retire today.
To get this estimate, we must assume he’ll take his entire $470 million net worth, liquidate it, and then invest that money in an asset that pays out on average 4% annually. Why 4%? Because 3% to 5% is what average returns on safe investments have been historically.[2]
That said, Kevin Hart could easily make $18.8 million per year starting today, if he cashed it all out and retired. This also comes out to around $1.57 million per month. That’s not bad for an early retirement plan!
Kevin Hart’s Money Metrics
Money Metric | Amount |
---|---|
Net Worth: | $470,000,000 |
**Earnings Per Year: | $18,800,000 |
Per Month: | $1,566,000 |
Per Week: | $361,538 |
Per Day: | $51,648 |
Per Hour: | $2,152 |
Per Min: | $35.86 |
Per Sec: | $.59 |
Note: this is a hypothetical (but very possible) earnings Metric based off of the earning power of Kevin Hart’s net worth alone. It does not include how much he could potentially earn from projects, sponsorships, or social media, etc… This calculation is for entertainment purposes only. Methodology
Kevin Hart Net Worth History
Kevin Hart’s wealth has gradually grown over the years. From $ 9 million in 2010, to $78.5 million in 2016, to the now jaw-dropping $470 million. His wealth has grown to the degree that his influence and popularity has. And as the graph below shows, his net worth seems to be accelerating.
Here’s Kevin Hart’s net worth history going back 8 years, which shows an impressive 498% increase in wealth in that short amount of time:
Kevin Hart’s Social Media Influence
Another avenue that could help Kevin Hart grow his net worth even more over the year is his social media influence.
Kevin Hart has a massive social media following which has the potential to earn him lots of extra money. How much money? Well, let’s take a look at how large his social media reach is, and then will reveal how much his social media could her him if he decided to leverage it.
Kevin Hart has over 36 million Facebook followers, 37.3 million Twitter followers, 174 million Instagram followers, 5.13 YouTube followers of his LOL Network, and 35 million TikTok followers. All of which comes out to a grand total of 287.4 million social media followers.
So, with a reach of over 287 million people, Kevin Hart could potentially bring in between $1.5 to $2 million per sponsored post, if he marketed it across all of his platforms.
Kevin Hart Fun Facts
- Standing at 5’4″ tall, Kevin Hart wanted to be a basketball player in the NBA when he was young.
- Hart was born in Philadelphia, PA in 1979.
- Kevin Hart was once told that the comedy business was not for him.
- When he first got his start in stand-up comedy, he was booed off the stage a number of times.
- Before Kevin Hart made it big, he was a shoe salesman.
- Hart once spent $16.5 million for a pet eagle.
- Kevin Hart is the proud father of four children: Heaven, Hendrix, Kenzo, and Kaori
How Did Kevin Hart Get So Rich?
Kevin Hart followed his dreams. He could have followed the path that most people follow, and stick things out at his normal 9 to 5, but Hart had big dreams. Dreams that he courageously pursued.
From almost being evicted, to spending years commuting to small gigs across state lines, to having a chicken thrown at him because his act was in need of some major polishing, Kevin Hart showed grit and determination.
He chose to take action, to follow his dreams, to put in the work that was required, and to never stop improving himself. These are the key factors related to how Kevin Hart achieved so much success, and it’s why he continues to accomplish so much as well.
It’s the key for his financial success. His relentlessness has led to countless stand-up comedy shows, successful tours, a career in film, major endorsements and sponsorships, television appearances, his own production company, book deals, and many ongoing business ventures.
Related: Kevin Hart Success Story
Kevin Hart Success Insights
That said, here are a few of Kevin Hart’s most inspiring quotes about success to inspire your hustle:
1. I stayed true to my dreams, and eventually they came true.” – Kevin Hart
2. “Everybody wants to be famous, but nobody wants to do the work. I live by that. You grind hard so you can play hard. At the end of the day, you put all the work in, and eventually it’ll pay off. It could be in a year, it could be in 30 years. Eventually, your hard work will pay off.” – Kevin Hart
3. “If you actually get up everyday and you got that action, and you got that energy that’s like ‘I have to go and do this because I’m trying to get here.’ You know everyday you’re working towards that, well you’re going to get there. It may take you longer, some may do it shorter. But, you’re not going to lose.” – Kevin Hart
4. “Hard work and determination equals success. Nothing comes easy. Put your mind to something.” – Kevin Hart
5. “A lot of blood sweat and tears has gone into this career of mine.” – Kevin Hart
Related: Kevin Hart Quotes
Kevin Hart Financial Success Insights
Here’s a great video that you should spend a few minutes watching if you’re seeking further insight regarding the why and how Kevin Hart has managed to build such a massive fortune in such a short period of time:
Video Credit: Motiversity (Subscribe Here)
Related: Get Rich With a Normal Job
Key Kevin Hart Net Worth Takeaways
Here are a handful of key takeaways from our Kevin Hart net worth page:
- Kevin Hart Net Worth: $470 million
- Annual Income: $60 million
- Annual Earnings **: $18.8 million
- Social Media Followers: 287.4 million
- Social Media Earning Power: $1.75 million per sponsored post
- Keys to Success: Taking Action, Work-Ethic, Grit, Kaizen
The net worth of Kevin Hart has grown so dramatically and to such a massive amount because of his determination to succeed. It’s also largely due to his relentless work-ethic, a characteristic that many of his fans started taking noticed of, ourselves included.
That said, Kevin Hart’s sizeable fortune is something that should inspire us. Yes, it’s large and may seem out of reach to most; however, that doesn’t mean that we can’t learn how to build a net worth like Kevin Hart, nor try.
Till you reach your aims,
STRIVE
** Disclaimer: These earnings are hypothetical and calculated off of the earning power of Kevin Hart’s net worth alone, assuming a 4% dividend yield, along with other publicly available figures.
Money
TYLER PERRY’S NET WORTH AND HOW HE GOT SO RICH
Tyler Perry is an inspiring director, actor, filmmaker, best-selling author, and businessman. He’s the architect behind the extremely popular “Madea” character, as well as countless movies, stage plays, and television shows. He currently owns one of the largest production studios in the United States, a 330-acre lot in Atlanta, Georgia, and continues to produce highly entertaining and inspiring films and shows for people all over the world to this day.
That said, Tyler Perry’s long list of accomplishments have led him to amass an impressive net worth over the years. So, that’s exactly what this page will be highlighting, Tyler Perry’s net worth and his current earning power. In addition to this, we’ll also throw in a few interesting facts related to his success, influence, and inspiring life. So, let’s dive in.
What Is Tyler Perry’s Net Worth?
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According to Forbes, Tyler Perry’s net worth was $1 billion back in 2020.[1] However, he’s been making big moves since then; acting, directing, and creating new films, Netflix shows, and more. Not to mention, he’s made over $165 million this past year alone, and has been averaging an annual income of over $131 per year for past three years.
As such, we believe a more accurate approximation of Tyler Perry’s net worth should take into consideration how much he makes on average every year, and the average historical growth of the markets for each asset class he owns.[2]
That said, per our analysis, an up-to-date estimate of Tyler Perry’s net worth is roughly $1.2 billion,
How Much Does Tyler Perry Make Per Month?
As mentioned above, Tyler Perry’s active earnings for the past three years is approximately $131 million a year. Again, according to Forbes, he made the list of one of the highest paid entertainers this past year, pulling in over $165 million.[3]
If you’ve ever wondered how much he makes per month, this metric below provides these earnings details by month, day, minute, second.
TYLER PERRY MONEY METRICS
Money Metric | Amount |
---|---|
Net Worth: | $1,100,000,000 |
Earnings Per Year: | $165,000,000 |
Per Month: | $13,750,000 |
Per Week: | $3,173,077 |
Per Day: | $453,296 |
Per Hour: | $18,887 |
Per Min: | $314 |
Per Sec: | $5.24 |
How Much Would Tyler Perry Make If He Retired?
Have you ever wondered how much money Tyler Perry could make if he retired today? If so, here’s your answer.
Assuming he moved his entire net worth of $1.2 billion into a few safe investments that pay out at least a 4% yield annually, (historically, “safe” is 3 – 5 % annually) this is what his baseline retirement income would be. Which is not too shabby of a retirement plan if you ask us.
So, if Tyler Perry decided to retire today, his baseline retirement income would be $48 million a year.
Note: this is a hypothetical (but very possible) earnings metric for Tyler Perry based off of his net worth’s earning power alone. It does not include how much he could potentially earn from projects, sponsorships, or social media, etc. Again, this calculation is for entertainment purposes only.
Tyler Perry Net Worth History
Tyler Perry’s road to riches was slow at first, but once he hit it big, his riches truly started to flood in. And this graph below provides a small glimpse at how fast his wealth has grown in just the last few years.
This wealth history graph goes back 4 years, starting in 2018, and demonstrates the significant growth of Tyler Perry’s fortune. According to our calculations, the growth rate of his wealth has been about 100% over the past six years!
Tyler Perry’s Social Media Influence
Have you ever wondered how much money Tyler Perry could make form his massive social media following? If so, we got you covered.
First things first, Tyler Perry has 7.2 million Instagram followers, 15 million Facebook Followers, and 6.7 million Twitter followers. This comes out to a grand total of 28.9 million social media followers.
As such, Tyler Perry could very easily leverage his social media reach to earn himself an extra $290K per sponsored post. Of course, when you’re billionaire, that’s side hustle money.
This year I celebrate 30 years in show business.
— Tyler Perry (@tylerperry) November 5, 2022
Remember… wherever you start doesn’t have to be where you end…. Never despise small beginnings.
It takes a while to build a dream. pic.twitter.com/cwzt3kyINJ
Fun Facts:
- Tyler Perry was born September 13, 1969 in New Orleans, Louisiana U.S.A.
- Perry’s birthname was Emmitt Perry Jr.
- Tyler Perry has one son named Aman Tyler Perry
- Tyler Perry dropped out of high school and then earned his G.E.D
Ho Did Tyler Perry Get So Rich?
Tyler Perry’s rise to riches was certainly no easy task. In fact, he spent many years working menial jobs, while simultaneously moonlighting to produce and act in, what would become his flagship play. This play was particularly important to Perry, as it was an account of his painful past, and was created to help others deal with their past.
That said, after six to seven years of trial and error to get his play off the ground and noticed by the public, he finally transformed his delivery into something people loved. Once word got out about his inspiring production, he began selling out theater after theater.
This initial success eventually lead to over $100 million in ticket sales, $20 million in merchandise sold, and $30 million in videos, even before the flood of opportunities from Hollywood would begin opening up for him.
Tyler Perry would go on to slowly star in and create many other plays after the stellar success he had with his primary play ‘I know I’ve Been Changed’. Then after maxing out the potential of those plays , he eventually took a leap into making it in Hollywood.
17 movies, 20 stage plays, and 7 television shows later, Tyler Perry has yet to look back. Tyler Perry would go on to become a billionaire, a feat rarely achieve via the entertainment industry.
Read Full Story: Tyler Perry Success Story
More Insights on How Tyler Perry Became a Billionaire
Here’s a short video produced by Forbes that gives great synopsis about Tyler Perry’s rise to riches as well. It’s only 3 minutes and 52 seconds long, but it’s worth it:
Video Credit: Forbes (Subscribe Here)
Related: Tyler Perry Success Quotes
Key Takeaways
Here are some key Tyler Perry takeaways:
- Net Worth of Tyler Perry: $1.2 billion
- Annual Earnings: $165 million
- Baseline Retirement Income: **$48 million
- Social Media Followers: 28.9 million
- Social Media Earning Power: $290K per sponsored post
- Keys to Success: Persistence, Faith, Creativity
Success icon, Earl Nightingale once stated that “Perseverance is another word for faith.” And Tyler Perry’s inspiring success journey and sizeable net worth are true testaments to the size of his faith. Indeed, Tyler Perry’s fortune is directly related to his faith in his dreams, and his ability persevere against all odds until he reached his aims.
Now it’s your turn. Until you reach your aims,
STRIVE
PS – If you enjoyed this Tyler Perry Net Worth Profile, then you may also enjoy reading the net worth profiles of fellow entertainers like Kevin Hart, Will Smith.
Money
STEVEN SPIELBERG’S NET WORTH
Steven Spielberg is without question one of the most successful filmmakers of all-time. He’s directed some of the most well-known and awe-inspiring films in history, including classics like ‘Raiders of the Lost Ark’, ‘Jaws’, ‘Schindler’s List’, ‘E.T’, and ‘Saving Private Ryan’ just to name a few. Spielberg is a moving-making powerhouse, having directed over 34 hit films, and winning three academy awards, he’s managed to build for himself an impressive and sizeable fortune. So, that’s exactly what this page aims to highlight, Steven Spielberg’s net worth, and his estimated annual earning power.
What Is Steven Spielberg’s Net Worth?
Steven Spielberg’s net worth in 2017 according to Forbes was approximately $3.7 billion. With over $200 million of his net worth tied up in real estate these days, the bulk of his fortune is most likely in assets that have grown at the average annual growth rate of the markets between 7 and 12%.[1]
As such, Steven’s Spielberg’s net worth in 2024 is estimated at approximately $7 billion.
How Much Does Steven Spielberg Make?
Having netted $360 million from Jurassic Park, which grossed $1.03 billion, we can estimate his cut from movies to be at around 35%. Of course this is just an estimate, but if it’s accurate, it mean’s Spielberg has earned at least $3.7 billion from his movies over the past 51 years.
Having grossed over $10 billion for his existing productions, he’s managed to keep a good chunk of this money for himself.
That said, according to Parade, Steven Spielberg’s average annual income is around $150 million per year.[2] But, we couldn’t confirm how they got that number.
So, here is our own baseline income for Steven Spielberg based on the earning power of his net worth alone. To get this number, Spielberg would first need to move all of $7 billion net worth into an income generating asset (like REITS or Dividend Stocks). Then we must infer that Spielberg is a savvy enough investor to earn at least a 4% dividend payout on his fortune, which is doable considering 3 to 5% is the historical average payout for conservative assets.
Related: 4 Percent Rule
Thus, Steven Spielberg’s baseline annual income would easily translate into $280 million per year. Not bad for never having to lift a finger again to earn himself a buck.
Here’s a further breakdown of these numbers:
Steven Spielberg Money Metrics
Money Metric | Amount |
---|---|
Net Worth: | $7,000,000,000 |
**Earnings Per Year: | $280,000,000 |
Per Month: | $23,333,333 |
Per Week: | $5,385,029 |
Per Day: | $769,289 |
Per Hour: | $32,053 |
Per Min: | $534 |
Per Sec: | $8.9 |
Note: this is a hypothetical (but very possible) earnings Metric for Steven Spielberg based off of his net worth’s earning power alone. It does not include how much he potentially earns from on going projects, sponsorships, or consulting, etc. Again, this page and our calculations are for entertainment purposes only. Methodology
Related: Steven Spielberg Quotes
How Did Steven Spielberg Get So Rich?
Steven Spielberg has been making movies for over five decades now, so he’s had plenty of time to improve his craft.
Besides being one of the best of the best (if not the greatest) when it comes to directing, much of Steven Spielberg’s success can be pinned down to his expressive imagination, his gift of story telling, ability to keep himself at the cutting edge of technology developments in the film industry, and penchant for making movies that are loved by kids and adults alike.
So, how did Steven Spielberg get so rich? By leveraging his talents and love for filmmaking to create masterpieces for people to enjoy. In short, he followed his dreams.
Related: Steven Spielberg Success Story
Here’s a few of insightful Spielberg quotes that give us a hint at what may have lead him to find the success and riches he now enjoys;
1. “Follow your intuition.” – Steven Spielberg
2. “I am not really interested in making money. That always comes as the result of success.” – Steven Spielberg
3. “I dream for a living.” – Steven Spielberg
4. “All good ideas start out as bad ideas, that’s why it takes so long.” – Steven Spielberg
5. “Failure is inevitable. Success is elusive.” – Steven Spielberg
Here’s what you can gather from these quotes. He follows his intuition, he trusts himself. Money is not why he does what he does. He’s driven by something more. And lastly, he dreams for a living. In other words, he followed and continues to follow his dreams.
More Insights On Building Wealth:
Key Takeaways
Here are the key takeaways from this Steven Spielberg net worth profile:
- Spielberg’s Net Worth: $7 billion
- Annual Earnings **: $280 million
- Keys To Success: Imagination, Creativity, Execution
- Keys to Success: Discovered His Gift, Self-Trust, Follows His Dreams
There you have it, the net worth of Steven Spielberg and a handful of insights that may help you get on tracking to finding more success and building your own fortune.
Till you reach your aims,
STRIVE
** These earnings are hypothetical and calculated off of the earning power of Steven Spielberg’s net worth alone, assuming a 4% annual dividend yield.
Money
GRAHAM STEPHAN’S NET WORTH AND HOW HE GOT SO RICH
Graham Stephan is a highly successful entrepreneur, investor, YouTuber, and multimillionaire who inspires millions of people all over world with his passion for personal finance. Having first found a great deal of success as a real estate agent, he eventually switched gears, becoming one of the most popular personal finance personalities in the world. As such, we’ll be highlighting Graham Stephan’s net worth, how he managed to build it, and the earning power of his current sizable fortune.
What Is Graham Stephan’s Net Worth?
Graham Stephan is not one to rest on his laurels. Having built up a small fortune as a real estate agent, then investor, while continuously increasing his income over the years, his net worth is larger than ever.
Graham’s real estate assets are worth around $15 million, while his stock market investments are approximately $10.2 million, and he has close to $2 million invested in crypto and cash.
That said, according to our research and analysis, Graham’s net worth is indeed much higher this year, than it was last year. Other sources have his net worth at lower figures, but that is because they do not account his assets growth overtime, or his continued pace of investment. So, as of 2024, Graham Stephan’s net worth is approximately $27 million.
How Much Does Graham Stephan Make A Year?
Now that you know how much Graham Stephan is worth, you probably want to know how much he makes. Well, we know his YouTube channel alone brings in approximately $6 million per year.[1]
However, being the savvy personal finance guru that he is, he has more than one stream of income. Graham also makes money from his coffee company, ‘Bank Roll Coffee’, but he invests most of his profit back into the business.
Per our analysis, he rakes in approximately $30K per month in gross sales, with his profit margin being around 30%.[2] As such, he makes approximately $108K per year from his coffee business.
Graham Stephan is also a real estate investor who receives a healthy dose of rental income as well. Considering that money makes money, his investment assets (both real estate and stocks combined presupposing a conservative 4% yield) easily afford him an extra $1.08 million a year in income as well.
So, all combined Graham Stephan makes roughly $7.2 million per year.
GRAHAM STEPHAN MONEY METRICS
Money Metric | Amount |
---|---|
Net Worth: | $27,000,000 |
**Earnings Per Year: | $7,188,000 |
Per Month: | $599,000 |
Per Week: | $138,230 |
Per Day: | $19,747 |
Per Hour: | $822 |
Per Min: | $13.7 |
Per Sec: | $.22 |
Note: This is an approximate (but very possible) earnings metric for Graham Stephan based off the low-end earning power of his estimated net worth combined with his estimated annual income. These calculations are estimates and are for entertainment purposes only. Methodology
How Did Graham Stephan Get So Rich?
Graham Stephan’s success is not an overnight success story. Graham hustled for years as a real estate agent. He got into the industry at the age of 18.
He initially made a name for himself by helping clients find rentals during the great recession. However, once the economy bounced back had unwittingly created for himself a large list of clients who eventually needed help buying homes.
Graham seized the opportunity when the market shifted an ended up becoming one of the most successful residential real estate agents in the Los Angeles area. He eventually sold over $135 million worth of real estate.
But what really helped Graham achieve so much financial success was his money management skills. Graham Stephan was extremely frugal, and although he was making lots of money selling real estate, he wasn’t spending much of it.
In fact, he opted to place most of his money in investments, with his first investment being a small multiunit residential property. He focused on paying the mortgage down on his investment as soon as possible, eventually providing him with the extra equity to invest in additional properties and assets like index funds.
Graham then took his love for frugality and being money smart to start a YouTube channel that focused on personal finance. His great financial advice and peppy personality would lead to his channel’s explosive growth, and with it, an even larger pool of money to use for investments.
That said, Graham Stephan’s habit of making every dollar he earned work at its optimal level in his investments, is what has helped Graham become as rich as he is today.
More Insights On Building Wealth:
Key Takeaways
Here are some key Graham Stephan takeaways:
- Graham Stephan Net Worth: $27 million
- Annual Earnings **: $7.2 million
- Keys to Success: Persisting As a Real Estate Agent, Frugality, Intelligent Risk Taking
Graham Stephan’s sizeable net worth is directly related to the amount of people he’s helped. He brought massive value to his clients as an efficient and honest real estate agent, and then continued to provide massive value as an online financial educator/entertainer with his YouTube channels.
And of course, his net worth is especially sizeable because of his strong investment habits. Stephan seemingly follows investment wisdom from some of the greats like Andrew Carnegie, who said, “If you want to get rich, think of saving as earning.” That said, we hope the net worth of Graham Stephan will inspire you to follow his advice so you can achieve a semblance of his financial results.
Till you reach your aims,
STRIVE
PS – If you enjoyed our Graham Stephan net worth profile, then you may equally enjoy learning about the net worth of other high achievers and influencers like the following:
Grant Cardone Net Worth | Tai Lopez Net Worth | Pace Morby Net Worth
Money
100+ BEST MONEY QUOTES OF ALL TIME TO IMPROVE YOUR MONEY MINDSET
Countless financial “gurus” have admonished time and time again, about how the amount of money we have or don’t have, is largely a consequence of our thinking. They’ve shared with us the secret link that exists between our money and our mindset. Namely, the secret that our attitudes and the unique set of beliefs we’ve held about money, has impacted our handling of it up until this point.
So, to help you obtain a stronger money mindset, and eventually a larger bank account, we’ve decided to publish the best money quotes of all time.
We hope you’ll use these quotes to embrace the money principles that will help you improve your relationship with money. So, if you’re ready improve your money mindset, let’s dive into these powerful money quotes:
BEST MONEY QUOTES OF ALL TIME
1. “Money without financial intelligence is money soon gone.” – Robert Kiyosaki
2. “Money is the harvest of our production.” – Earl Nightingale
3. “Successful people make money. It’s not that people who make money become successful, but that successful people attract money. They bring success to what they do.” – Wayne Dyer
4. “Money is in some respects like fire – it is a very excellent servant but a terrible master. When you have it mastering you, when interest is constantly piling up against you, it will keep you down in the worst kind of slavery. But let money work for you, and you have the most devoted servant in the world.” – P.T. Barnum
5. “Too many people spend money they earned to buy things they don’t want, to impress people they don’t like.” – Will Rogers
6. “Save money, and money will save you.” – Anonymous
7. “Never spend your money before you have earned it.” – Thomas Jefferson
8. “If you don’t find a way to make money while you sleep, you will work until the day you die.” – Warren Buffett
9. “Having money isn’t everything, not having it, is.” – Kanye West
10. “A penny saved is a penny earned” – Benjamin Franlkin
11. “Making money isn’t hard in itself… What’s hard is to earn it doing something worth devoting one’s life to.” – Carlos Ruiz Zafón
12. “Money is only an idea. If you want more money simply change your thinking. Every self-made person started small with an idea, then turned it into something big. It takes only a few dollars to start and grow into something big.” – Robert Kiyosaki
13. “Don’t think money does everything or you are going to end up doing everything for money.” – Voltaire
14. “When money realizes that it is in good hands, it wants to stay and multiply in those hands.” – Idowu Koyenikan
15. “Money is a tool. Used properly it makes something beautiful; used wrong, it makes a mess.” – Bradley Vinson
16. “You can be young without money, but you can’t be old without it.” – Tennessee Williams
17. “There is no shortage of money in this world. Start hustling.” – Grant Cardone
18. “The man who does more than he is paid for will soon be paid for more than he does.” – Napoleon Hill
19. “It is a kind of spiritual snobbery that makes people think they can be happy without money.” – Albert Camus
20. “Money is a great servant but a bad master.” – Francis Bacon
21. “Money isn’t everything…but it ranks right up there with oxygen.” – Rita Davenport
22. “The man who damns money has obtained it dishonorably; the man who respects it has earned it.” – Ayn Rand
23. “Work like you don’t need the money. Dance like no one is watching. And love like you’ve never been hurt.” – Mark Twain
24. “The first rule is not to lose money. The second rule is not to forget the first rule.” – Warren Buffett
25. “Money looks better in the bank than on your feet.” – Sophia Amorus
26. “Not he who has much is rich, but he who gives much.” – Erich Fromm
27. “That man is richest whose pleasures are cheapest.” – Henry David Thoreau
28. “The money you have gives you freedom; the money you pursue enslaves you.” – Jean-Jacques Rousseau
29. “Wealth is the ability to fully experience life.” – Henry David Thoreau
30. “Sloth and prosperity can never be companions.” – James Allen
31. “Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each. –Christopher Rice
32. “I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” – Warren Buffett
33. “Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.” – Johann Wolfgang von Goethe
34. “Empty pockets never held anyone back. Only empty heads and empty hearts can do that.” – Norman Vincent Peale
35. “If you’re smart, you’re going to make a lot of money without borrowing.” – Warren Buffett
36. “One may not condemn a man for succeeding because he knows how. Neither may one with justice take away from a man what he has fairly earned, to give to men of less ability.” – George S. Clason
37. “The key to making money is to stay invested.” – Suze Orman
38. “If you cannot control your emotions, you cannot control your money.” – Warren Buffett
39. “Money is good for nothing unless you know the value of it by experience.” – P.T Barnum
40. “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
41. “If you would know the value of money, go and try to borrow some; for he that goes a borrowing, goes a sorrowing.” – Benjamin Franklin
42. “Here’s the major problem with going on strike for more money:
You cannot get rich by demand” – Jim Rohn
43. “Tell me how you use your spare time, and how you spend your money, and I will tell you where and what you will be in ten years from now.” – Napoleon Hill
44. “Through positive, appreciative attitudes toward money, you can make money your servant, instead of becoming its slave. You should master money rather than be enslaved by it.” – Catherine Ponder
45. “Rich people have their money work hard for them. Poor people work hard for their money.” – T. Harv Eker
46. “The single biggest financial mistake I’ve made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.” – Grant Cardone
47. “Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.” – Franklin D. Roosevelt
48. “Money is not an end in itself. It is merely a tool to help us achieve some particular goal. If the way we handle our money conflicts with our personal values, we are not going to wind up living happy and fulfilled lives.” – David Bach
49. “You don’t have time an money because you don’t invest time and money.” – Grant Cardone
50. “Most people fail to realize that in life, it’s not how much money you make. It’s how much money you keep.” – Robert Kiyosaki
Halfway There
Alright, you’re halfway through our money quotes, but don’t stop now. Keep reading, striving, and planting these good money vibes directly into you subconscious mind.
Trust us, your future self will thank you for it.
51. “Money may not buy happiness, but I’d rather cry in a Jaguar than on a bus.” – Françoise Sagan
52. “In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money.” – P.T. Barnum
53. “The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.” – Robert Kiyosaki
54. “Money is plentiful for those who understand the simple laws which govern it’s acquisitions.” – George S. Clason
55. “While money can’t buy happiness, it certainly lets you choose your own form of misery.” – Groucho Marx
56. “Money is really only important if you don’t have any.” – Harrison Ford
57. “One penny may seem to you a very insignificant thing, but it is the small seed from which fortunes spring.” – Orison Swett Marden
58. “The better you feel about money, the more money you magnetize to yourself.” – Rhonda Byrne
59. “The fastest way to double your money is to fold them in half and put them in your pocket.” – Andrew Carnegie
60. “Money is usually attracted, no pursued.” – Jim Rohn
61. “You must spend money to make money.” – Titus Maccius Plautus
62. “Waste your money and you’re only out of money, but waste your time and you’ve lost a part of your life.” – Michael Leboeuf
63. “There’s no money in poetry, but then there’s no poetry in money.” – Robert Graves
64. “Money is not the most important thing in the world. Love is. Fortunately, I love money.” – Jackie Mason
65. “The best time to invest is during a recession.” – Graham Stephan
66. “Earning a lot of money is not the key to prosperity. How you handle it is.” – Dave Ramsey
67. “The more your money works for you, the less you have to work for money.” – Idowu Koyenikan
68. “Money is such an amazing teacher: What you choose to do with your money shows whether you are truly powerful or powerless.” – Suze Orman
69. “It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy.” – George Lorimer
70. “Knowledge without action cost money.” – David Bach
71. “We’ve been raised to believe that you have to work hard to make money, and certainly there are times when this is true, but the real secret is you have to take huge, uncomfy risks. You have to do stuff you’ve never done before, to make yourself visible, to acknowledge your own.” – Jen Sincero
72. “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” – Ayn Rand
73. “Money EQ is more important that money IQ.” – Ken Honda
74. “Do what you love and the money will come.” – Marsha Sinetar
75. “You can have a masters degree in making money but you will still end up broke if you have a Ph.D.. in spending it.” – Orrin Woodward
76. “Money can’t buy friends, but you can get a better class of enemy.” – Spike Milligan
77. “If you would be wealthy, think of saving as well as getting.” – Ben Franklin
78. “Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment it insures the possibility of satisfying a new desire when it arises.” – Aristotle
79. “When I had money everyone called me brother.” – Polish proverb
80. “Money grows on the tree of persistence.” – Japanese Proverb
81. “Never stand begging for that which you have the power to earn.” – Miguel de Cervantes
82. “Wealth is not about having a lot of money; it’s about having a lot of options.” – Chris Rock
83. “If you cannot control your emotions, you cannot control your money.” – Warren Buffett
84. “Working because you want to, not because you have to, is financial freedom.” – Tony Robbins
85. “Income is like your health: if you ignore it, it will go away.” – Jay Rigler
86. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
87. “The big money is not in the buying or selling, but in the waiting.” – Charlie Munger
88. “Success isn’t about money, it’s about peace.” – Grant Sabatier
89. “If you’re saving, you’re succeeding.” – Steve Burkholder
90. “All wealth is a product of labor” – John Locke
91. “A millionaire is made ten bucks at a time.” – Mr. Money Mustache
92. “Money has no grey areas. You either make it or you lose it.” – Kevin O’leary
93. “Fortune sides with him who dares.” – Virgil
94. “The best way to become a billionaire is to help a billion people.” – Peter Diamandis
95. “Money is the wise man’s religion.” – Euripides
96. “Success is having to worry about every damn thing in the world, except money.” – Johnny Cash
97. “Money is life energy that we exchange and use as a result of the service we provide to the universe.” – Deepak Chopra
98. “A wise person should have money in their head, but not in their heart.” – Jonathan Swift
99. “What you focus on you create more of, so if the plan is to get rich, you’re gonna want to focus on abundance as much as possible. Give as much as you can as often as you can, receive with gratitude and joy, think of money as your pal, raise your frequency and get in the flow, yo.” – Jen Sincero
100. “Remember that: money will always match your mindset.” – Joe Vitale
101. “The way to make money is to buy when blood is running in the streets.” – John D. Rockefeller
102. “Money does not change people, it unmasks them.” – Henry Ford
103. “When your money makes more than you do, you are officially wealthy.” – Dave Ramsey
104. “Money is like a mischievous cat: if you chase it around the neighborhood, it eludes you. It hides up a tree, behind the rose bush, or in the garden. However, if you ignore it and focus on what attracts the cat, it comes to you and sits in your lap.” – M.J. Demarco
105. “Wealth is created by a combination of many things, but one of them is catching new trends early.” – Tai Lopez
106. “Gold is money, everything else is credit.” – J.P. Morgan
107. “Make your money work so hard for you; so that you don’t have to work for it.” – Napoleon Hill
108. “Money is a scoreboard where you can rank how you’re doing against other people.” – Mark Cuban
109. “When I was young I thought that money was the most important thin in life; now that I am old I know that it is.” – Oscar Wilde
110. “Money is energy.” – Ken Honda
111. “The money you make is a symbol of the value you create.” – Idowu Koyenikan
Bonus Money Quote
Bonus Quote: Here’s one last bonus quote on money that every would benefit from if they heeded it as advice. Enjoy!
Final Thoughts
Alright, you’ve made it through our long list of inspiring money quotes. We hope they have at the very least, helped you strengthen your mindset when it comes to money.
With that being said, be sure to bookmark this page and come back often. Doing so will improve your money mindset with each visit. And remember this is key, because those with a healthy money mindset tend to have more money then they know what to do with it; while those with an unhealthy money mindset tend to feel as if they never have enough. The choice is yours.
See you soon, and till next time,
STRIVE
PS – If you enjoyed these money quotes, then you’ll love these Quotes about the Millionaire Mindset.
Money
DAVE RAMSEY’S NET WORTH AND HOW HE BECAME SO RICH
Dave Ramsey is one of the most inspiring and empowering personal finance personalities in the world. He’s been in the trenches himself when it comes money struggles, and he helps millions of people avoid some of the mistakes he’s made, and helps them overcome many of the financial challenges we all face daily. Ramsey has also authored multiple national best-selling books, and he leverages the power of radio and the internet to serve over 80 million people each and every month.
That said, when you render fortunes of service, you deserve a fortune. So, that’s exactly what we’ll be highlighting on this page, the fortune Dave Ramsey has managed to build for himself over the years. So, if you’ve want to know what Dave Ramsey’s net worth is, how much it’s grown, and how he’s managed to build it up over the years, then let’s get right into it:
What Is Dave Ramsey’s Net Worth?
Dave Ramsey’s net worth back in 2018 was around $200 million, and many other sites still show this as his current net worth to this day. However, considering his assets have been appreciating over the years, along with the growth of his business revenue, which by the way, pulled in over $300 million alone just in 2022, his net worth has grown by leaps and bounds.
In an interview with fellow financial guru, Graham Stephan, Ramsey revealed that he owns over $600 million cash in real estate.[1] In addition to this, he also revealed that he invests a good chunk of his profit every month into cash holdings that comprises of up to at least 6 months of operating capital, whereby the rest goes into investments.[2]
That said, our estimate of Dave Ramsey’s net worth for 2024 is approximately $700 million.
How Much Does Dave Ramsey Make?
This certainly begs the question with regards to how much Dave Ramsey makes a year. And while we know his enterprises gross over $300 million in revenue a year, we don’t have a precise number for how much he takes home in profits.
On the other hand, we do have a baseline income that his massive net worth could easily afford him every year. To provide this number, all we have to do is assume he’s a savvy enough investor to earn at least a 4.5% annual dividend return for the bulk of his assets (which he most likely is, considering he’s increased his net worth from 200 million to 700 million in just four short years).
We’d also have to presuppose a hypothetical selling off of all of his assets, and then transferring that money into a handful of dividend or cash paying assets like REITs, ETFs, Stocks, or Rental Property.
The result? Dave Ramsey’s annual income would easily top $31.5 million, which also comes out to about $2.6 million a month.
DAVE RAMSEY’S MONEY METRICS
Money Metric | Amount |
---|---|
Net Worth: | $700,000,000 |
**Earnings Per Year: | $31,500,000 |
Per Month: | $2,625,000 |
Per Week: | $605,773 |
Per Day: | $86,539 |
Per Hour: | $3,605 |
Per Min: | $60.09 |
Per Sec: | $1.00 |
Note: this is a estimated earnings metric based off the earning power of Dave Ramsey’s net worth. It does not include how much Dave Ramsey makes from projects, sponsorships, his podcast, or social media, etc. These calculations are for entertainment purposes only. Methodology
DAVE RAMSEY NET WORTH HISTORY
Dave Ramsey knows how to handle money, and its a big reason why he’s managed to grow his fortune from just $55 million in 2017 to the massive $700 million dollar empire he know controls.
That’s a growth rate of more than 1,172%, or a 53% year over year average! Below is a graph that highlights the impressive growth of his net worth over the years. Enjoy!
Dave Ramsey’s Social Media Influence
As Dave’s fortune has grown, so has his fame. And these days it’s never been easier to leverage your fame to make even more money with social media. That said, if you’ve ever wondered about how much extra money Dave Ramsey could make off of his social media, here’s your answer.
First things first, Dave Ramsey has 3.4 million Instagram followers, 953K Twitter followers, 5.9 million Facebook followers, 2.61 million YouTube subscribers, and 1.4 million TikTok followers. As such, his grand total of social media followers 14.2 million.
So, according to current social media marketing rates, Dave Ramsey could very easily get paid an extra $130K or so very over sponsored post he sells.
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Dave Ramsey Fun Facts:
- Dave Ramsey’s show, ‘The Ramsey Show,’ is the 2nd largest radio talk show in America, with over 1 billion down loads.
- His podcast has over 80 million monthly listeners.
- Dave Ramsey’s website gets around 1.8 million visits per month.
- Dave Ramsey has published over 30 different books.
- Out of Dave’s 30+ published works, he has published 2 New York Times Best Selling Books.
- Dave Ramsey is married to Sharon Ramsey and has 3 children (Denise, Rachel, and Cruze).
- Ramsey’s business HQ consists of multiple buildings on 47 acres in Franklin, Tennessee.
- Ramsey was a multi-millionaire by the age of 26, amassing a wealth of $4 million and then losing it all at 28.[3]
How Did Dave Ramsey Get So Rich?
So, how did Ramsey get so rich? Well, Dave Ramsey has degrees in Finance and Real Estate, and he’s been involved in Real Estate since the age of 18. His parents were also involved in the Real Estate business, and were big on programming Dave’s mindset from a young age, on how to think positively, stay motivated, and get after the things he wanted.
Of course, these aren’t the only things that help Dave Ramsey get so rich. In fact, the event that has most likely allowed for Dave Ramsey to achieve so much of the success he now enjoys, has to do with his massive financial failures early in his career.
Just after he turned 28, Ramsey filed for bankruptcy. He literally lost everything financially. But, that devastating experience ended up becoming his masterclass in personal finance.
He would go on to leverage his personal experiences with gaining money and losing it, combined with the knowledge he acquired from his formal education, to create a financial coaching and consulting businesses that has been helping countless people ever since.
So, the short answer as to how Dave Ramsey has managed to get so rich is leverage. Leverage got in him into trouble initially (he was over leveraged in loans), but then learned to leverage his experiences to help people. Finally, he learned how to leverage technology/radio to reach and help more people than he ever could have had he just stuck to one-on-one consultations or seminars.
Read More: Dave Ramsey Success Story
Get Rich Like Ramsey
Now if Dave Ramsey can get rich, so can you. There’s no reason you can’t build wealth or become wealthy like Dave Ramsey has.
Sure, it may take a while, but the sooner you get started, the sooner you’ll arrive. We believe it, and so does Dave Ramsey. In fact, here are some of his very own words that say as much:
1. “Winning at money is 80 percent behavior and 20 percent head knowledge. What to do isn’t the problem; doing it is. Most of us know what to do, but we just don’t do it. If I can control the guy in the mirror, I can be skinny and rich.” – Dave Ramsey
2. “I believe that through knowledge and discipline, financial peace is possible for all of us.” – Dave Ramsey
3. “Earning a lot of money is not the key to prosperity. How you handle it is.” – Dave Ramsey
4. “You must gain control of your money or the lack of it will forever control you.” – Dave Ramsey
5. When your money makes you more than you do your are officially wealthy.” – Dave Ramsey
Read More: Dave Ramsey Quotes
More Financial Success Insights
If you’re looking for even more financial insights to help you eventually build your own massive net worth, or if you just want to know how millionaires build wealth in general, then you’ll want to watch this video below.
Brian Preston of ‘The Money Guy Show’ does a great job picking Dave’s brain on wealth-building in this extremely valuable interview.
Video Credit: The Money Guy Show (Subscribe Here)
More Insights On Building Wealth:
Key Takeaways
Here are some key Dave Ramsey takeaways:
- Dave Ramsey Net Worth: $700 million
- Annual Earnings **: $31.5 million
- Social Media Followers: 14.2 million
- Social Media Earning Power: $130K per sponsored post
- Keys to Success: Financial Education, Taking Risks, Failure, Leverage
There aren’t many other names that come to mind as quickly as Dave Ramsey’s when the topic of ‘how to be smart with your money’ comes up.
Dave’s massive net worth just goes to show how he practices what he preaches, and that he is, indeed very smart and intentional with his money.
That said, we hope we answered your questions related to Dave Ramsey’s net worth. But even more importantly, we hope we’ve inspired you to believe that you can build your own sizable fortune as well.
Till you reach those aims,
STRIVE
PS – If you enjoyed our Dave Ramsey net worth profile, then you may equally enjoy learning about the net worth of other high achievers and financial icons like the following:
Robert Kiyosaki Net Worth | Grant Cardone Net Worth | Ray Dalio Net Worth
** These earnings are hypothetical and calculated off of the earning power of Dave Ramsey’s net worth alone, assuming a 4.5% dividend yield.