Prosperity, that condition that just about everyone seems to be interested in acquiring more of these days.
We would venture to say, that prosperity is something that we are all hard-wired to pursue. Oddly, it is also something that seems to elude all too many people.
While we don’t have the answers as to why prosperity is so elusive for a great many people, we have learned that there are a few helpful principles that can increase our chances of acquiring more of it.
As such, we wanted to share these principles of prosperity with you. If you are a student of success, you may have already heard of some these principles. If so, well, there’s nothing wrong with a little repetition.
Like Zig Ziglar use to say…“Repetition is the mother of learning, the father of action, which makes it the architect of accomplishment.”
“Repetition is the mother of learning, the father of action, which makes it the architect of accomplishment.” – Zig ZiglarTweet Quote
THE 13 POWER PRINCIPLES OF PROSPERITY
Acquaint yourself with these principles of prosperity, and by so doing, you will be inviting prosperity to show up in your life unannounced and in greater amounts.
Behold, ten principles that can help you find greater prosperity.
Prosperity Principle 1: Pareto Principle
The Pareto principle is a very well-known success principle. So, if the name sounds new, perhaps you’ve just heard of it under a different name, which is the 80-20 rule.
If you’ve ever heard of the 80-20 rule, the law of the vital few, or the principle of factor sparsity, then you’ve been exposed to the Pareto Principle.
In its essence, this principle states that, for many events, roughly 80% of the effects come from 20% of the causes.
For instance, 20% of the things you do will account for 80% of your results while 80% of the things you do will account for 20% of your results.
While such statistics may paint a bleak picture of our activities, is also a powerful bit of knowledge that you can leverage to better create and perfect your plans of action.
By understanding that it is typically only 20% of the activities that we do that get us 80% of our results, we can attempt to hone in on what those activities are. And when we discover what those activities are, we then create the conditions for accelerating our results.
Another way that this principle can come into play, especially for those of you who are achievement-minded, is that it can help you better understand why some customers buy your goods and services, and why some won’t or don’t.
In other words, when 80% of the people you approach with your products, services, or opportunities say no, it can be helpful to keep in mind that the NO you received may not have anything to do with you, your product, or your service. According to this principle, you’ll need to get through (on average) 5 No’s for every Yes.
Understand and apply this principle, and the odds will be in your favor.
Prosperity Principle 2: Parkinson’s Law
Now Parkinson’s Law is something all entrepreneurs, artists, or entrepreneurs should be aware of if they want to find more prosperity in their endeavors.
Like the last principle, you may have experienced this one in the past, but just haven’t been introduced to it ‘formally’.
Parkinson’s law was first articulated in an essay of The Economist in 1955. However, it has been made more-or-less mainstream over the past decade.
The law essentially postulates that work expands so as to fill the time available for its completion. If you have ever had some friends or co-workers who were given an easy task to do with a somewhat large amount of time to complete, and yet they somehow managed to stay extremely busy, spending an inordinate amount of time on a task that you could have finished in a day, well then, you’ve been acquainted to Parkinson’s Law.
This is essential knowledge for any would-be achiever, especially those are striving to get their idea, project, book, or dream off and running.
The understanding of this law can help you combat the programming that all too many of us may have experienced while working in conditions that didn’t required us to be 100% invested in our productivity.
Ultimately, if one truly cherishes having more time, leisure, and eventual prosperity, then fully understanding this principle is vital.
Prosperity Principle 3: Law of Averages
The law of averages is one of the most powerful principles of prosperity.
It would be an understatement to say that the law is very important to understand. This law in summary is the idea that probability will influence all occurrences in the long run, and that you will neither win nor lose all of the time.
Here is a quick example of how this law works.
If it rains every day this week, by the law of averages we’re bound to get a sunny day soon. This colloquial term is a popular interpretation of a statistical principle called Bernoulli’s theorem. As a seeker of heightened prosperity, this law becomes important especially when the time comes for going after the deals, the partnerships, and the sales.
The more you experience the no’s and failures in the pursuit of your ventures, the more likely you are over time, to experience that crucial yes and ultimate success.
To fully make our point, we refer to Babe Ruth. Babe Ruth held the lifetime total home run record of 714 for 39 years. But, what many people don’t know, is that he also held the career strike-out record (1,3330 strike outs) for 29 years.
The same success awaits the person in-the-arena, striving to make something out of nothing. If you are willing to put yourself into a position where you may strike out, you will, by the law of averages, be increasing your chances of hitting your home run, and in turn finding more success and prosperity!
Prosperity Principle 4: Law of Association
I’ve mentioned this principle in past posts. It really is something that needs to be taking into consideration as we strive to heighten the prosperity we are seeking in our lives.
This law is difficult to apply. Unfortunately, it is one of the most important prosperity principles to implement if you we aim to make significant progress in our levels of personal prosperity.
This principle suggests that we become like the average of the five people whom we spend most of our time with.
In short, this means that everything about you will average out to be in alignment with those five people whom you are currently spending most of your time with.
If you are hanging out with people who don’t have much, aren’t going anywhere, and don’t encourage you to grow, do more, acquire more wealth, guess who you’ll eventually transform into?
On the other hand, if you want to become more success-minded, positive, or wealthy, then it is a must that we strive to get around such people.
If you want to raise the quality of your life, hang out with people who have already accomplished what you are trying to accomplish.
It really is true, that birds of a feather flock together.
And the reason is, because they all have the desire to go in the same direction. They share a common vision.
So, if you’re going after a certain life goal or level of prosperity, pay attention to the people who have achieved what you are after, or are on track to do so. Associate, associate, associate.
Related: Prosperity Quotes
Prosperity Principle 5: The Law of Giving
The next prosperity principle is from a wonderful book we did research on years ago, but have found to be extremely valuable and relevant till this day… The book is called the Go-Giver, by Bob Burg and John David Mann.
The core principle outlined in the book, is to aim to give, before we receive. Yes, be a go-getter, but…more importantly, aim to be a go-giver.
Now here is a powerful quote from the book, that sums it all up very nicely…..
“All the great fortunes in the world have been created by men and women who had a greater passion for what they were giving – their product, service, idea… than for what they were getting.”
That’s a pretty powerful thought…..and when you think about it, it makes complete sense why those people who focus more on giving then getting, actually end up getting more….
Here is an example where we experienced this to be true …and it had to do with the sale of some properties we owned. No too long ago, we sold two different properties, and we use a different realtor for each property.
One of the realtors we used wanted to make sure that we were taken care of…seriously taken care of every step of the way during the whole process of selling our house….
Now the other realtor, seemed to just want to do the bare minimum, and was more or less concerned with just getting the deal done and over with, so they could get what they earned….
The first realtor, went out of their way to keep us informed, did all the ground work-for us, just went above and beyond to serve us… to give to us, fully….in every respect.
The second realtor, well, it was like pulling teeth. Every part of the process was an effort, we had to be more involved, we had to do more of our own due-diligence because of obvious errors or oversights that we caught early in the process…. Which forced us to be pro-active to ensure things were moving along as planned…and it was quite the frustrating experience if we are being completely honest….
Now, to circle back to those thoughts on prosperity…… can you guess which realtor earns multiple 6 figures per year? Can you guess which realtor we recommended multiple times to our friends? Can you guess which realtor we were chomping at the bit to write a positive online review for? Can you guess which one we wanted to buy a gift for to show our appreciation?
If you guessed the first one, you’d be right. Now how is this related to prosperity? Well, because the first what gave, gave, gave, they got got got! Not only did only did they get paid at the end of the transaction, but they also earned more money through the referrals we sent them…and the positive online reviews we gave..plus the gifts we gave. We felt compelled to give back what we thought they deserved….
As for the other one, well, they didn’t get much, because they didn’t act from a place of true service, and from a place of giving.
On to the next principle.
Related: Inspiring Go-Giver Quotes
Prosperity Principle 6: The Creative Law of Prosperity
Now, we consider ourselves students of prosperity….because well, we want more of it. And one of our mentors taught us that, if you want more of something….then it is a good idea to study that subject you want more of.
In our years of studying prosperity….we came across a book, called ‘The Dynamic Laws of Prosperity’ by Catherine Ponder. It’s a book we highly recommend…. It may be ‘out there’ for many of you in terms of what may seem practical or pragmatic practices… but, she has some pretty powerful insights on how prosperity works, and we feel we’ve found more prosperity come our ways since reading this book….
Now, this book contains so many different prosperity principles to mention, but we’ll just put this one actionable idea out there, that anyone can do… which will lead, naturally, to more prosperity for you.
Okay, here it is….
It’s called the ‘Creative Law of Prosperity’…
What this law requires, is for you to simply….create a strong compelling desire for something you want in your life. In other words, you must manufacture an intense desire for something that you truly, deeply, want.
we love what she says in her book, stating “of the millions of people who think they want to be successful, few of them have really any strong, impelling desires. They have been content to idly drift in a stream of small events and small expectations. When you meet a person who is really going places in this world, usually it is a person of intense desire for the highest and best in life.”
So basically, what we need to do, is create a powerful goal to chase, and then dial up your intensity of wanting to bring that goal to reality.
What this will do for you, is act as a catalyst to get you moving towards taking more action… and hopefully it’s action towards the type of giving and service to others that is required for you to start getting.
Prosperity Principle 7: The Law of Gratitude
This is the last thought on prosperity because we could probably talk all day on the subject,
Alight, this one is basically related to affirmations. As we studied prosperity throughout the years, many of the ‘prosperity gurus’ if you want to call them that, highly recommended affirmations…
Which are phrases that we say to ourselves…to essentially reprogram our subconscious mind to think a certain thoughts… it’s a powerful way to change some of our limiting beliefs….
Those thoughts that automatically pop in our minds……telling is we can’t do something, we don’t serve something, scarcity thoughts….
Unfortunately, all too many of us grow up with a scarcity mindset… we are bombarded with thoughts like….
“Money doesn’t grow on trees.”
“You don’t deserve it….”
“Money is the root of all evil”
‘”oney is not that important…It’s only money.”
“I am just not good with money.”
“We’ve never been rich.”
These are the types of subconscious beliefs that can suppress our ability to experience more prosperity…. So, we want to share with you, one of the powerful affirmations we actually use to help keep our mind in tune with prosperity thinking…. It’s something various members of our team have memorized and repeat daily….
It’s actually an affirmation we ‘borrowed’ from Tony Robbins… It’s what he uses to keep himself aligned and in tune with creating more prosperity and abundance in his life… and last we checked, he has quite a bit of prosperity flowing his way…
So here its…The prosperity affirmation that we suggest.
Here we go….
“God’s wealth is circulating in my life… his wealth flows to me in avalanches of abundance All my needs, desires, and goals, are met instantaneously …..with infinite intelligence, For I am one with God, and God is ONE.” – Tony RobbinsTweet Quote
Now, if you’re not very religious, well, then you can just substitute the big GOD, with whatever higher power you believe in.
And that’s its. Of course, we repeat this to ourselves multiple times daily. By doing so, we ensure we are driving out those pesky poverty thoughts that tend to creep back into our mind from time to time. Also, if you’re looking for your own prosperity mantra, wealth affirmation, or money related affirmations, here are a few great lists to choose from:
Prosperity Principle 8: The Law of Belief
There will be people who believe that they deserve more, and those who believe they don’t. And 9 times out of 10, the people who believe that they deserve and can have prosperity, will receive it. Similarly, there will be people who believe they can’t acquire a prosperous life, full of riches, health, and abundance, and so they never will. In both cases, what they belief is at work as a self-fulfilling prophecy.
In our search for prosperity we learned that in order to draw more prosperity towards us, we must first believe we can. Simply put, if you do not believe prosperity it possible for you, you will not seek, and if you do not seek, you will never find.
You’ve likely heard this principle uttered from time to time from success gurus and the like as, “If you don’t believe, you can’t achieve.”
So, be sure you believe that you deserve prosperity, and believe it’s possible for you to acquire more of it, because without belief, you minimize your chances of attracting more of what you want. A great place to kick start your belief, is to read Think and Grow Rich by Napoleon Hill. In the mean time, these Napoleon Hill quotes will do the trick.
Prosperity Principle 9: The Law of Honesty
Thomas J. Stanly, set of to discover the secret to wealth and prosperity from millionaires across the land. And in his search, he interviewed hundreds of millionaires in an attempt to unravel their secrets. And the answer uttered by most of these millionaires as the secret was none other than…..Honesty.
Yes, we know this is simple. But at the end of the day, money comes from other people. Typically it is as an exchange of a service or product from one to the other, but if there is no trust, people are very reluctant to part ways with their hard earned money to people or businesses they don’t trust.
So, if you want more prosperity, never forget that it will come through people. As such, honesty should be our modus operandi if we want to ensure prosperity flows our way.
Prosperity Principle 10: The Law of Contribution
Whoever understands and applies this principle of prosperity will quickly realize it’s effectiveness. The essence of this principles relies on the fact that, our rewards in life will always be in exact proportion to our contribution and service to others.
Put another way, the income you make from company or clients you work for , will almost always be positively correlated to the need for what you do, your ability to do it, and the degree of difficulty involved in replacing you.
In short, become a bigger contributor, and you’ll reap a larger prize in terms of prosperity.
Prosperity Principle 11: The Law of Deliberate Thinking
The secret to success, accomplishment, and more money comes down to this statement…
Thinking, especially deliberate thinking with purpose, unleashes your potential like nothing else can. As a result of deliberate and focused thinking, you’ll be able to come up with more ideas, better, and newer ways to add maximum value to others.
And, as a result, especially if you keep The Law of Contribution in mind while conducting your thinking, you’ll eventually end up contributing more.
By contributing more, you’ll inevitably reap more. Abundance and prosperity will flow to you with ease. Your lifestyle will improve and your financial situation will change. So, never forget to principle if true prosperity is what you seek.
Prosperity Principle 12: The Law of Attitude
William James once exclaimed that “The greatest discovery of my generation, is that human beings can alter their lives by altering their attitude of mind.”
Not only will you feel better by adjusting your attitude, but you’ll create conditions in your life where you’ll attract more people, money, and opportunities to you that you wouldn’t be able to do any other way.
To put this prosperity principle into practice begin doing the following at once:
- Start acting as the person you most want to become.
- Remember, before you can do something, you must first be something.
- Never forget, that it is all about cause and effect.
- Become magnetic by creating a positive attitude for yourself.
Prosperity and achievement are 10x easier if you have the right mindset.
Prosperity Principle 13: The Law of Action
Every other prosperity principle can be mastered, memorized, and embraced; however, none of them will work for the person who does not act.
Action is the great equalizer. Action creates the opportunity for change. It creates the momentum for growth, and it is what is needed in every circumstance, be it small or large to ensure the prosperity we seek is flows our way.
Here’s a quote by Carrie Wilkerson that says it best…. “The longer you’re not taking action the more money you’re losing”.
So, seek and you shall find. Knock and the door will open, and take action and the prosperity you pursue will get closer and closer.
Related: How to Execute Effectively
Violate at Your Own Risk
Alright friends, there you have it. The 13 principles of prosperity that will undoubtedly bring you more prosperity and accomplishment. Here they are again in summary:
- The Pareto Principle
- Parkinson’s Law
- The Law of Averages
- The Law of Association
- The Law of Giving
- The Creative Law of Prosperity
- The Law of Gratitude
- The Law of Belief
- The Law of Honesty
- The Law of Contribution
- The Law of Deliberate Thinking
- The Law of Positive Attitude
- The Law of Action
We’ve studied the success stories of many of the most successful and richest people in the past 100 years, and these principles of prosperity have come up again and again.
If you practice these principles and pursue them with vigor, in any area of your life, positive and yes, even prosperous results will abound.
Violate them at your own risk.
Till next time,
PS – If you found value in this article, then you’ll really enjoy the insights within this money making post.
TYLER PERRY NET WORTH + HOW MUCH HE MAKES A YEAR
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?
According to Forbes, Tyler Perry’s net worth was $1 billion back in 2020. 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 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, which is 9.9%.
That said, an up-to-date estimate of Tyler Perry’s net worth is around $1.3 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 in 2022.
So, 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 Metric
|2022 Net Worth:||$1,300,000,000|
|Earnings Per Year:||$165,000,000|
How Much Would Tyler Perry Make If He Retired?
If Tyler Perry decided to retire today, his baseline retirement income would be $58.5 million a year.
Assuming he moved his entire net worth of $1.8 billion into a few safe investments that pay out at least a 4.5% 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.
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 22% year over year for the past four years!
- Tyler Perry has 6.8 million Instagram followers, 15 million Facebook Followers, and 6.6 million Twitter followers. This comes out to a grand total of 28.4 million social media followers.
- 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.
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
Here are some key Tyler Perry takeaways:
- Net Worth of Tyler Perry: $2.6 billion
- Annual Earnings: $165 million
- Baseline Retirement Income: **$58.5 million
- Social Media Followers: 28.4 million
- Keys to Success: Persistence, Faith
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,
ELON MUSK NET WORTH + HOW MUCH HE COULD MAKE EVERY SINGLE DAY
Elon Musk is one of the most visionary entrepreneurs of our time. He has co-founded and sold multiple internet companies like Zip2 and PayPal.com. He has also led the charge in commercial space exploration and making alternative transportation cool as well as accessible to the mass market. All of which has directly led to him becoming a multi-millionaire by the age of 28, and then a billionaire just three years later.
Without a doubt, Elon Musk is an entrepreneurial trailblazer who has been stacking his accomplishments for well over two decades now. And naturally, with an impressive resume such as his, comes avalanches of money and massive net worth. So, that’s exactly what we aim to address in this article, the net worth of the world’s richest man.
So What is Elon Musk’s Net Worth?
Elon Musk’s net worth is more difficult to pin down compared to most millionaires and billionaires. The primary reason for this is because he is still in his prime. For instance, Tesla, the company he is heavily invested in and runs as the CEO, recently saw it’s stock price grow by dramatically over the past year.
In addition to this, his space exploration company Space X recently doubled from $51 billion to over $100 billon.  So, his net worth is constantly fluctuating. With that being said, at this moment in time, we’ve been able to pin down Elon Musk’s net worth at $255.1 billion. 
He’s down $13.1 billion from April, and $22.3 billion from January. So he’s down -7.9% for the year. Certainly, 2022 has been a tough year for Elon Musk. On the bright side however, he is still the richest man on the planet!
How Much Does Elon Musk Make?
Elon Musk’s most recent payout before he put an offer in to buy Twitter, was clocked in at $23 billion. This money was from hitting performance goals for Tesla, which offered such a generous payout as part of an ongoing pay-for-performance package.
That said, this number changes from year to year based on how Tesla performs, and it doesn’t include any income from his other company’s.
Elon Musk’s Baseline Income
Have you ever wondered how much money Elon Musk could make if he decided to cash out on all his ventures and call it a day? Well, we aim to provide that baseline income for you. That said, this metric is based off the potential earning power of his multi-billion dollar net worth alone. Again, this is just a hypothetical calculation to assess what his baseline annual income is based off of his assets.
With that being said, let’s dive in. So, assuming Elon Musk decided to sell his $255.1 billion in assets, and invested that windfall profit into something “safer” like a few stocks known as either Dividend Kings, Dividend Aristocrats , or REITS with an annual 4.5% dividend yield (a very reasonable return to expect, considering historical returns on safe investments tend to fall between the 3% to 5% range).
What would we get? Well, Elon Musk’s baseline income would be $11.47 billion a year. Put another way, he could make $31 million every single day for pretty much doing nothing for the rest of his life. Here’s what that could look like broken down even further.
Elon Musk Money Metrics
|2022 Net Worth:||$255,100,000,000|
|**Earnings Per Year:||$11,479,500,000|
Disclaimer: This is a hypothetical (but possible) earnings Metric for Elon Musk based off of his net worth’s earning power alone. This metric does not include the earnings he received from his recent bonus payout. Again, this calculation is for entertainment purposes only.
Elon Musk Net Worth History
Elon Musk wasn’t always the richest, but he has certainly been well-off for quite some time. In fact, he didn’t reach the pinnacle of wealth until Sept. 2021. That said, below is a helpful snapshot of how Elon Musk’s net worth has taken off over the years.
The wealth history graph below goes back 7 years, starting in 2016, and demonstrates how Elon’s net worth exploded after 2020, and grew by over 2,284% since 2016.
Interesting Elon Musk Facts:
- Musk had 8 million Instagram followers (before he deleted his account) and 107.1 million Twitter followers. As such, his grand total of social media followers would be 115.1 million.
- In 2012 Elon Musk become a billionaire.
- Elon Musk become the world’s richest in 2021.
- In 2021 Elon Musk was named Time Magazine’s person of the year.
- In 2022 Twitter’s board of directors agreed to sell the company to Musk for $44 billion.
- Elon Musk is more than twice as rich as Warren Buffett
- Elon Musk is the proud father of 8 children.
How Did Elon Musk Become So Rich?
Elon was born in South Africa, moved to Canada for college, transferred to the U.S.A to finish his degrees in Economics and Physics. He also attended a Ph.D. program, but dropped out after just two days to dive into the dot com craze during the late 90’s.
He took calculated risks with his business start-up, which was driven by a larger than life ambition fueled by his passion.
In addition, Elon Musk also had a vision for the future, and saw ahead of time the need for digital mapping, e-finance, commercial space exploration and colonization, and modes of transportation that rely on alternative energy. And he courageously put all his eggs in each of these baskets.
So, in essence, he became successful by pursuing ventures that aligned with his purpose and passions, never giving up on his visions of “what could be”, and then relying on a super human work ethic to bring it all together.
Read More: Elon Musk Success Story
Here are a few of his more well-known sayings about success to help paint a better picture. Be sure to share if you like any of them.
“I’m interested in things that change the world or that affect the future and wondrous, new technology where you see it, and you’re like, ‘Wow, how did that even happen? How is that possible?” – Elon MuskTweet Quote
“There are times when if something is important enough, if you believe it enough, you do it in spite of fear.” – Elon MuskTweet Quote
Related: Elon Musk Success Quotes
Billion Dollar Mindset
If you’re looking for further insight into the the mindset that has lead to the creation of billions of dollars in value, then give the video below a few minutes of your time. The video does a great job depicting the way Elon Musk thinks and approaches problem solving. Enjoy!
Video Credit: Mulligan Brothers (Subscribe to Their Channel Here)
How to Build Wealth Like Elon Musk
Building a net worth like Elon Musk may be a long shot for most people; however, that doesn’t mean you can’t start building your very own sizeable stash of cash. Hey, we all have to start somewhere.
So, if you’re looking to build your net worth, here are a few key steps you can begin taking today:
Here are some key takeaways from our Elon Musk Net Worth profile page:
- Musk’s Net Worth: $255.1 billion
- Income (Est.** ): $11.4 billion
- Social Media Followers: 107.1 million
- Keys to Success: Purpose, Passion, Fearlessness, Work-Ethic
Elon Musk’s net worth and success is not typical, but clearly reaching such staggering levels of success is possible; otherwise Musk wouldn’t have achieved it.
And hopefully, you’ll agree that it is inspiring to know that a smart kid with a dream could follow his passion, work his tail off, take massive risks, and as a result create massive “luck” for himself.
So, follow suite and see what kind of “luck” you can also create for yourself.
Till next time,
** These earnings are hypothetical and calculated off of the earning power of Elon Musk’s net worth alone assuming a 4.5% dividend yield.
KEVIN O’LEARY’S NET WORTH + IMPRESSIVE BASELINE INCOME
Kevin O’Leary is a world-renowned businessman, entrepreneur, author, venture capitalist, and T.V. personality. Most know him as Mr. Wonderful from his charismatic presence on the hit reality T.V. show, ‘Shark Tank’. And, as a successful entrepreneur and venture capitalist, O’Leary has founded, invested, and sold numerous businesses over the years, bringing him fame, financial success, and a massive net worth. So, that’s exactly what we’ll be highlighting on this Kevin O’Leary Net Worth page.
So, if you’ve ever wondered what Mr. Wonderful’s net worth is, and how much he makes or could make, then let’s dive right in to the numbers.
What Is Kevin O’Leary’s Net Worth?
Kevin O’Leary’s net worth in 2020 and 2021 was reported to be around $400 million per Celebrity Networth. However, considering the market’s average annual return over the past 30 years is 9.9%, our estimate for Kevin O’Leary is slightly higher.
We all know Mr. Wonderful is all about building wealth full-time, so it’s highly unlikely that his net worth would remain stagnant for 2 years in a row.
Therefore, incorporating two years of growth at 9.9% per year, puts Kevin O’Leary’s net worth as of 2022 at approximately $483 million. This makes him the 2nd richest Shark from Shark Tank, just below billionaire Mark Cuban’s net worth.
How Much Does Kevin O’Leary Make?
With a sizeable net worth like this, you probably want to know how much Kevin O’Leary makes a year. Well, he earns about $30,000 per Shark Tank episode, and there’s an average of 24 episodes per year. So, from Shark Tank alone, he pulls in approximately $720,000 per year.
Kevin O’Leary also started a wine venture known as O’Leary Fine Wines, which he’s apparently transitioning into an affordable luxury business known as Shop Mr. Wonderful. His income from this venture has yet to be disclosed. O’Leary also earns royalties from books he’s authored, fees from speaking engagements, management fees from his investment Fund (O’Leary Investments) and dividends from his own investments.
That said, we don’t have a definitive number for you when it comes to Kevin O’Leary’s salary.
However, here’s a baseline income estimate that Kevin O’Leary could easily make per year based off of the earning power of his Net Worth alone. To get this estimate, we must first assume he’ll take his entire $483 million net worth, cash it out, and then reinvest that money into a bucket of assets that can pay out on average 4.5% annually.
4.5% is a reasonable estimate annual yield, considering 3% to 5% is what the average returns on extremely safe investments have been historically.
That said, after crunching the numbers, Kevin O’Leary could easily make $21.75 million per year starting today. All he’d have to do is liquidate all his assets and and place them into a few safe haven dividend paying stocks.
Here’s what that type of pay out would look like monthly, weekly, and daily.
Kevin O’Leary’s Money Metrics
|2022 Net Worth:||$483,000,000|
|**Earnings Per Year:||$21,735,000|
Note: this is a hypothetical (but very possible) earnings Metric for Kevin O’Leary based off of his net worth’s earning power alone. It does not include how much he potentially earns from projects, sponsorships, his participation on Shark Tank, or social media, etc.. This baseline calculation is for entertainment purposes only.
Interesting Facts About Kevin O’Leary
- Kevin O’Leary has over 427K million Facebook followers, 920K Twitter followers, 950K Instagram followers, and 714K YouTube followers, which comes out to a grand total of 3 million social media followers.
- O’Leary’s mother taught him everything he knows about investing.
- Kevin O’Leary’s birth name is Terence Thomas Kevin O’Leary.
- He’s the proud father of 2 children (Trevor & Savannah).
- He’s an avid watch collector.
- Kevin’s worst investment cost him over half a million dollars.
- He’s invested in over 40 different deals found on Shark Tank alone.
How Did Kevin O’Leary Get Rich?
Kevin O’Leary didn’t get rich over night. While in grad school studying for his MBA, Kevin started an internship with Nabisco that would eventually turn into a full-time job. From this job he learned the ropes of business and marketing as an assistant brand manager.
But his corporate career was short lived, as he left this job to start an independent production company with a few of his former classmates. The new business saw limited success, but O’Leary would eventually get bought out of his position in the company for $25,000.
He would go on to leverage this payout, as well as $10,000 of seed money he was able to borrow from his mother to help get his newly co-founded software distribution and publishing company off the ground. The company was named Softkey.
Kevin O’Leary would go on to grow Softkey year over year, conducting a handful of acquisitions in the process. And after 13 productive years of growing the company, O’Leary and co. finally sold to Mattel for $4.2 billion. It was at this point that Kevin officially became not just rich, but free.
Kevin O’Leary On What It Takes
That said, here are few additional success and financial insights from Mr. Wonderful. These quotes paint a solid picture on the mindset and thinking that has helped him build the fortune he now enjoys. Here you go:
“I like to take risks, that’s how I make money. But they are calculated risks.” – Kevin O’LearyClick To Tweet
“Money is my military, each dollar a soldier. I never send my money into battle unprepared and undefended. I send it to conquer and take currency prisoner and bring it back to me.” – Kevin O’LearyClick To Tweet
“The key to success that I would’ve taught myself 20 years ago — shut up and listen.’ – Kevin O’LearyClick To Tweet
“Working 24 hours a day isn’t enough anymore. You have to be willing to sacrifice everything to be successful, including your personal life, your family life, maybe more. If people think it’s any less, they’re wrong, and they will fail.” – Kevin O’LearyClick To Tweet
Related: Kevin O’Leary Success Quotes
Additional Financial Insights
If you want to dig deeper into the thinking process that has helped Kevin O’Leary dramatically grow his wealth, the video below is worth watching. It provides some generous advice on what it takes to get rich in 90 days from Mr. Wonderful himself:
Video Credit: Kevin O’Leary (Subscribe Here)
Related: Get Rich With a Normal Job
Here are a handful of key takeaways from our Kevin O’Leary net worth page:
- Kevin O’Leary Net Worth: $483 million
- Annual Earnings **: $21.75 million
- Social Media Followers: 3 million
- Keys to Riches: Taking Risks, Business Ownership, Hard Work
The net worth of Kevin O’Leary is impressive and without a doubt, it is continually growing. His business acumen and investment prowess seems to only be getting sharper with time. As such, we project his fortune will grow to over $1 billion within the next 10 years or less.
That said, Kevin O’Leary’s sizeable fortune is something that should inspire us. Certainly, it’s large and it may even seem impossible to obtain for many. But, it doesn’t have to be. Nor does it mean that we shouldn’t aspire to learn and build our own fortunes.
Till you reach aims,
** Disclaimer: These earning are hypothetical and calculated off of the earning power of Kevin O’Leary’s net worth alone, assuming a 4.5% dividend yield.
TOM BRADY’S NET WORTH + HOW MUCH HE’LL MAKE WHEN HE RETIRES
Tom Brady is one of the biggest names in the sport of Football these days. As the quarter back for the New England Patriots and more recently, the Tampa Bay Buccaneers, Brady has managed to accomplish what few have ever accomplished in the sport before him. He’s tallied up the most victories by a quarterback, the most touchdowns, and as of late, the most super bowl championships. All of which has led him to be considered the G.O.A.T (Greatest of All-Time) in many fans eyes. And with such heights of achievement comes money and wealth.
So, that’s exactly what this page will be highlighting, Tom Brady’s net worth and his earning power. And, just for good measure we’ll also include a few fun facts related to his success and influence. So, let’s dive in.
What Is Tom Brady’s Net Worth?
So how much is Tom Brady worth? Well, as of this year, Tom Brady has a net worth of approximately $250 million.  And he’s managed to earn well over that amount during his 20 plus years in the NFL.
Since signing with the Tampa Bay Buccaneers, he’s managed to pin down a two year contract for $50 million. As such, Tom Brady’s average annual earnings from this contract alone (not including any special incentives) is $25 million. But, after getting his team into the playoffs, and then winning a super bowl, his average earnings for 2020 was around $28.3 million.
With that said, his average earnings for 2021 was approximately $41 million, and for 2022 it is looking like his earnings will land somewhere in the $8 to $9 million range.
How Much Could Tom Brady Make If He Retired?
With all the media attention Brady’s been getting with his talk of possible retirement, some questions many people have on their minds is, “What will Tom Brady do after retirement?” and “How much will Tom Brady make after he retires?”
Well, we can’t answer the first question, but, we can provide you with a pretty solid predication for how much money he could rake in per year if he wanted to, post retirement.
So, if you’ve ever wondered how much Tom Brady could make per day, month, or even a year, after he retires, here is what we’ve come up with.
To provide you with this estimate, we have to infer that Tom Brady is a savvy enough investor to earn an annual 4.5% yield on his combined $250 million net worth ( by the way 4.5% is a very reasonable return to expect, considering historical returns on safe investments tend to fall between the 3% to 5% range ).
Therefore, if Tom Brady hypothetically liquidated all of his assets and invested them into a handful of stock or REITS with a modest 4.5% dividend yield, he could very easily make (and at a minimum) approximately $11.25 million per year in retirement.
Not a bad retirement income eh?
Here’s a little breakdown of how much Tom Brady could make every month, day, etc..
Tom Brady’s Money Metrics
|2022 Net Worth:||$250,000,000|
|**Earnings Per Year:||$11,250,000|
Note: this is a hypothetical (but very possible) earnings Metric for Tom Brady based off of his net worth’s earning power alone. It does not include how much he will or can potentially earn from his other projects, sponsorships, businesses, or social media, etc. This calculation is for entertainment purposes only.
- Tom Brady has 12.6 million Instagram followers, 5 million Facebook Followers, and around 2.8 million Twitter followers. All of which comes out to a grand total of 20.4 million social media followers.
- Here’s another fun fact; Tom Brady’s wife Gisele Bundchen has a net worth that is almost double that of Tom Brady’s. With her net worth coming out to $400 million. And of course, their combined net worth comes out to a cool $650 million. Talk about a power couple (at least for now).
- Brady’s first job was as a paperboy.
- Tom Brady didn’t start playing football until he was a freshman in high school.
- Brady was a back up quarterback for 2 Years at Michigan before he got his shot.
- He was the 199th pick in the 2000 NFL draft.
- Tom Brady was the highest paid football player in the NFL in 2022.
For those who don’t typically watch football or keep up with ESPN, you’re likely not privy to how Tom Brady has become so successful. So, we’ll provide a quick summary for you.
How Did Tom Brady Become So Successful?
In short, Tom Brady has become extremely successful by mastering his emotions and his ability to execute under pressure. Most fans of the sport would agree, that he is one of the most level headed players in the league, and he has the ability to manage his poise under pressure.
In fact, his focus and ability to execute flawlessly under extreme pressure has helped him earn the most 4th quarter comebacks of any professional football player in history.
His ability to bring his team back from huge deficits to eventually win game after game consistently has earned him the moniker of ‘The Comeback Kid’. Indeed, there is much more to what has made Tom Brady so successful over his career, but this is the one thing that helped him rise above his contemporaries. For a deeper dive into how he became the legend he is today, you’ll want to check out this Tom Brady Success Story.
In His Own Words
Of course, Tom Brady would contribute his success to other things. And in his own words, he sums it up best with his following quotes:
“To me, football is so much about mental toughness, it’s digging deep, it’s doing whatever you need to do to help a team win and that comes in a lot of shapes and forms.” – Tom BradyTweet Quote
“I always want to feel like I am the best quarter back for this team. I want to earn it every single day.” – Tom BradyTweet Quote
“If you want to perform at the highest level, then you have to prepare at the highest level.” – Tom BradyTweet Quote
Related: Inspiring Tom Brady Quotes
Start Building Like Brady
Despite what most people believe, you don’t have to be superstar athlete or movie start to make millions of dollars per year. In fact, most self-made millionaires grew their small fortune not through some large sports deal, or striking it big in Hollywood, nor by winning the lottery, but by slowly growing their net worth over time.
Sounds crazy we know, but it’s true. That said, if you want to start building your net worth like Tom Brady, you can either wait for the NFL to come knocking at your door, or start training up to give tryouts a shot.
Or, you can make a solid plan and start taking action to build your own net worth starting today. The choice is yours.
Related: How to Get Rich With a 9 to 5 Job
Key Takeaways on Brady’s Net Worth
Here are some key Tom Brad takeaways:
- Tom Brady’s Net Worth: $250 million
- Annual Earnings**: $11.25 million
- Social Media Followers: 20.4 million
- Keys to Success: Mental Toughness, Effective Execution, Always Improving
Tom Brady’s sizeable net worth is directly related to his leadership qualities, his obsession with improving his craft, and his ability to stay calm and execute under extreme pressure. His wealth also has a lot to do with his longevity in the league.
With that being said, we hope you’ll take this information, and let it inspire you towards mastering your ability to perform under pressure and constantly improve what you bring to your own industry.
Till next time,
PS – If you enjoyed our Tom Brady Net Worth page, then you’ll love the net worth profile for the G.O.A.T. when it comes to European Football, Cristiano Ronaldo.
** These earnings are hypothetical and calculated off of the earning power of Tom Brady’s net worth alone, assuming a 4.5% dividend yield.
ROBERT KIYOSAKI NET WORTH + HOW MUCH HE MAKES PER YEAR
Robert Kiyosaki is a highly successful American businessman who is most well known for his extremely popular financial education programs and books. As the founder of multiple companies, including Rich Global LLC, The Rich Dad Company, as well as the author of over 26 different personal finance books, he’s managed to build up an impressive net worth over the years.
Having said that, this is exactly what this page will be covering, Robert Kiyosaki’s net worth and the potential earning power of that net worth. So, if you’re ready to learn how rich Robert Kiyosaki really is, then let’s dive right in.
What Is Robert Kiyosaki’s Net Worth?
As of 2022, Robert Kiyosaki’s net worth is approximately $100 million. Which is not bad, considering his net worth in 2012 was around $80 million according to Forbes. That’s a 25% change, which indicates he’s been very conservative with the preservation of his capital.
At the very least, Robert Kiyosaki’s net worth has been keeping up with the historical average annual inflation rates.
How Much Does Robert Kiyosaki Make Per Year?
Certainly, Robert’s current net worth and rate of growth begs the question, ‘So how much does he make per year, or per month?
Well, according to our research, Robert has stated that he makes anywhere from $1.5 million to $2 million per month. Of course, those numbers are difficult to pin down given no official documentation was provided.
That said, even though we don’t have Robert Kiyosaki’s verifiable income, we have a good bare bones estimate on what he can make per year, not counting his active income activities.
To provide you with this estimate, we’ll assume Robert Kiyosaki is a savvy enough investor to earn an annual 4.5% yield on his combined $100 million net worth (4.5% is a reasonable minimum annual yield to expect on investments considering historical returns on safe investments have typically fallen between the 3% to 5% range annually).
So, if Robert hypothetically liquidated all of his assets (homes, businesses, etc.) and then transferred all of that money into an asset like some dividend pay stocks or REITS that earns a modest 4.5% annual yield, his yearly passive income would come out to roughly $4.5 million per year. That’s a pretty good retirement income, eh?
ROBERT KIYOSAKI MONEY METRICS
|2022 Net Worth:||$100,000,000|
|**Earnings Per Year:||$4,500,000|
Note: this is a hypothetical (but very possible) earnings Metric for Robert Kiyosaki based off the earning power of his net worth. It does not include how much Robert Kiyosaki makes from projects, sponsorships, his podcast, or social media, etc. This calculation is for entertainment purposes only.
Robert Kiyosaki Net Worth History
Robert once stated, “Money without financial intelligence is money soon gone.” And based off of his net worth growth over the years, it appears he follows his own platitudes. That said, below is helpful snapshot of Robert Kiyosaki’s net worth history by year.
This wealth history goes back 10 years, starting in 2012, showcasing a positive change in his overall fortune by 25% over the past decade.
Robert Kiyosaki Fun Facts:
- Robert Kiyosaki has 2.9 million Instagram followers, 2 million Twitter followers, 6 million Facebook followers, and 2.75 million YouTube subscribers. As such, his grand total of social media followers 13.65 million.
- Kiyosaki has sold over 41 million of his books across the world.
- Robert Kiyosaki was born in Hawaii, in 1947.
- Power couple, Robert Kiyosaki and Kim Kiyosaki are no longer together.
- Kiyosaki produced one of the most popular financial education board games of all-time, Cash Flow.
How Did Robert Kiyosaki Get Rich?
Robert Kiyosaki’s journey to success and riches is one that is characterized by many ups and downs. After Robert served in Vietnam, he found work selling copy machines for Xerox Corp., and eventually threw his hat in the entrepreneurial arena.
And even though he experienced a few back-to-back business failures, he learned some valuable lessons about real estate. While his businesses boomed and then busted, his business acumen grew, as well as his real estate assets.
Eventually Kiyosaki learned how to become financially independent through real estate investing. Once Robert discovered what worked, he scaled his knowledge by doubling down in the real estate arena.
He then leveraged his new financial insights by creating an education business to help people achieve similar financial outcomes. The result? A large fortune and a globally recognized brand.
Related: Robert Kiyosaki Story of Success
Build Wealth Like Robert
These days Robert Kiyosaki continues teaching people how they too can crack the code of financial independence and building lasting wealth as well.
So, if you want to know how to build wealth like Robert, all you have to do is get smart with your money by taking control of your spending.
Then, all you have to do is begin taking action to aggressively build your net worth.
Financial Success Insights
That said, here a few powerful words and success anecdotes that Robert Kiyosaki has uttered himself that my just help you get on the right track for building your own rich future, if that’s what you seek:
“Rule #1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule.” – Robert Kiyosaki/tweet_box] [tweet_box design="box_07" float="none"]“It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit than cut your dreams.” – Robert KiyosakiClick To Tweet
“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 KiyosakiClick To Tweet
“Winners are not afraid of losing. But losers are. Failure is part of the process of success.” – Robert KiyosakiClick To Tweet
If you’re looking for even more financial insights to help you eventually build a Robert Kiyosaki-sized net worth, then you’ll gain some truly valuable insights from this video:
Video Credit: Rich Dad Channel (Subscribe Here)
Related: How to Get Rich With a Normal Job
Here are some key Robert Kiyosaki takeaways:
- Kiyosaki’s Net Worth: $100 million
- Annual Earnings **: $12 million
- Social Media Followers: 13.65 million
- Keys to Success: Trial and Error, Taking Risks, Investing in Real Estate, Selling Knowledge
Robert Kiyosaki’s massive net worth is directly related to his financial education, as well as how many other people he’s helped enlighten with that very education. And from the looks of it, he’s not done yet, as continues to inspire and educate people all over the world with his growing Rich Dad podcast and his insightful YouTube channel.
That said, hopefully we successfully provided you with the Robert Kiyosaki net worth details you were looking for, and more.
Till you reach your financial aims,
** These earnings are hypothetical and calculated off of Robert Kiyosaki’s net worth’s earning power alone assuming a 4.5% dividend yield.
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