Dave Ramsey is a television personality, a radio host, an investor, a financial broadcaster, a best-selling author and a motivational speaker. Ramsey runs the syndicated radio program The Dave Ramsey Show which is aired on more than 500 radio stations in the U.S and Canada, it’s also available live on YouTube, on the podcast, as an iOS application and on DaveRamsey.com on a video and audio format.
Ramsey is among the people who fit well in a description of a “Comeback”. At one point in his life he filled a personal bankruptcy, but today Dave Ramsey net worth is in millions. Let’s have a look at how Dave Ramsey net worth fortune in 2018 has been amassed and a few things you probably don’t know about Dave Ramsey.
David L. Ramsey III was born in 1960 in the state of Tennessee. He went to sturdy his higher education at the University of Tennessee Knoxville where he graduated in 1982 with a degree in Finance and Real Estate.
In regard to his today personal life, he is a Christian and a husband to Sharon whom they have been in the marriage for over three decades now. He is also a father of three children, and he still resides in Tennessee together with his family.
Initially, Ramsey was rich as he had built a rental real estate portfolio after evaluation it was worth $4 million through his brokerage firm Ramsey Investments Inc. By then he was just 26 years old which made him one of Tennessee’s youngest brokers to have his way into Graduate Realtors Institute. It wasn’t long before the Tax Reform Act of 1986 started hurting the real estate business, and to Ramsey, this was bad news for his business. Things changed when a bank demanded $1.2 million from Ramsey, and another bank demanded $800,000 which made Ramsey file for bankruptcy.
After everything was well with him, he started again by counselling couples and even offering private counselling services. It was during this time that he got interested in matters of financial problems that he started attending workshops, seminars on finance and gathered a lot of materials together making him write his first book, Financial Peace. Today Ramsey has written a couple of books and some of his books are; Priceless: Straight-Shooting, No-Frills Financial Wisdom (2006), EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches (2011), Smart Money Smart Kids: Raising the Next Generation to Win With Money (2014), The Legacy Journey: A Radical View of Biblical Wealth and Generosity (2014) among several others.
Ramsey started The Dave Ramsey Show around 25 years ago, and today the show has a weekly audience of around 12 million people and its available to more than 570 radio stations most of them in the US and Canada, it’s also available on YouTube, podcast of Google Play and iTunes, and his website daveramsey.com.
Some of Ramsey companies today are Ramsey Solutions which he started in 1992 and together with his over 500 team members they offer financial solutions services. Ramsey is also the founder of Financial Peace University, EntreLeadership, The Legacy Journey, EveryDollar, among others.
On Awards and Achievements: Received by Dave Ramsey, he is a best-selling author and 5 of his books are a best seller, Radio Ink’s Readers’ Choice Award, a Screen Actors Guild Awards nomination, NAEA National Awards for Dave Ramsey show, among other awards.
Net Worth, Salary & Income
Dave Ramsey net worth stands at $200 million as the day of writing where it was between $50 to $60 million in 2011-2012. One source of Dave Ramsey net worth fortune is his show “The Dave Ramsey Show” which is aired in more than 500 radio stations in the world. Ramsey is also a best seller author, and so far out of his 20+ books 5 of them have appeared in the list of best sellers, he also offers financial counselling services through his company Ramsey Solutions. YouTube channel earnings and also Financial Peace University. Being a motivational speaker also brings in a good amount of cash as well.
5 Facts You Need To Know About Dave Ramsey
Dave Ramsey is one of the most listened to media personality in the world, and that’s because of his wealth creation, and financial advice that he offers. Today he has made more money than what he had when he was a real estate brokerage. We shall find out a few things you probably don’t know about Dave Ramsey.
1. Dave believes that all your financial problems are caused by bad behaviour and getting out of the financial crises requires the change of behaviour.
2. When paying for a debt, he recommends you to apply “Snowball” approach which states that you should first settle the small debts first and then pay off the highest interest rate debt last because this will give you momentum and a feeling of accomplishment.
3. He believes that when one uses a credit card, he spends more money than he planned for.
4. At 26 years of age, Dave Ramsey net worth was above a million dollars.
5. Many times Ramsey receives letters containing Red-letter Bible verse and responds with Mathew 25:13-30.
From a bankruptcy situation to a net worth value of $200 million, well seems his advice works. I think everyone should learn from him besides why would you learn from any other broke man when you have a rich teacher teaching you how to get there.