Suze Orman is a well-known financial advisor, author, television broadcaster, and podcast host who has been advising millions of individuals on personal finance for more than three decades.
She has written ten New York Times best-selling books in a row, won two Emmys and hosted her own show on CNBC for 13 years. She is also a co-founder of SecureSave, a firm that assists consumers in saving for emergencies by utilizing employer-matched payroll deductions.
But what is Suze Orman’s net worth? And how did she become financially successful? In this post, we will look at Suze Orman’s net worth, income sources, and financial advice.
Suze Orman Net Worth
Suze Orman’s estimated net worth in 2023 is between $40 and $75 million, according to a variety of sources. Based on her earnings from books, television programs, podcasts, speaking engagements, endorsements, and investments In addition, she possesses a number of properties in the Bahamas, Florida, and New York.
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Suze Orman Early Life
Susan Lynn Orman was born in 1951 in Chicago, Illinois. She worked at her father’s deli as a child. She received her Bachelor of Arts in Social Work from the University of Illinois at Urbana-Champaign in 1976.
The university awarded her an honorary Doctor of Humane Letters degree in 2009. Orman obtained a position as a hostess in Berkeley, California, following her graduation.
|Celebrated Name:||Suze Orman|
|Real Name/Full Name:||Susan Lynn “Suze” Orman|
|Age:||71 years old|
|Birth Date:||5 June 1951|
|Birth Place:||Chicago, Illinois, United States|
|Kathy Travis (m. 2010)|
|Profession:||American author, financial advisor, motivational speaker, television host, and podcast host|
|Net Worth in 2022:||$40 million|
Suze Orman Sources of Income
Suze Orman began her career as a $400-a-month Berkeley waiter. She borrowed $52,000 from friends and customers to build a restaurant, but her broker mishandled it. This prompted her to study finance and become a broker.
Her 1983 Prudential Bache Securities tenure came after her 1980 Merrill Lynch tenure. She created Suze Orman Financial Group in 1987 and advised customers until 1997. Suze Orman’s first book, You’ve Earned It, Don’t Lose It: Retirement Mistakes You Can’t Afford, was released in 1995.
It was a bestseller and launched her writing and media career. Her next nine books were New York Times bestsellers. Her publications, The 9 Steps to Financial Freedom (1997), The Courage to Be Rich (1999), The Money Book for the Young, Fabulous, and Broke (2005), Women & Money (2007), and The Ultimate Retirement Guide for 50+ (2020), are popular.
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The Oprah Winfrey Show featured Suze Orman often, sharing her financial advice with millions of people. She hosted The Suze Orman Show on CNBC from 2002 to 2015. With 250,000 viewers per week, it was the network’s top Saturday show. She hosted multiple PBS specials and appeared on Larry King Live, The View, and Today.
Suze Orman makes money via books, TV, podcasts, speaking, endorsements, and investments. With over 600,000 monthly downloads, she hosts the Women & Money Podcast.
Her speaking fees might reach $100,000 at conferences and events worldwide.TD Ameritrade, QVC, LendingTree, Avon, and MetLife are among her endorsements. Stocks and real estate are her investments.
In 2020, aged 69, Suze Orman co-founded SecureSave, a venture-backed firm that helps consumers accumulate emergency money through employer-matched payroll contributions. Trust Ventures and others gave SecureSave $11 million in 2022.SecureSave introduced emergency savings accounts for employers through Transamerican cooperation.
Suze Orman Real Estate
Suze paid $3.6 million for a 1,200-square-foot condo at New York’s Plaza Hotel in 2007. Her apartment has a courtyard view. Similar units with views of Central Park were selling for almost double the price at the time.
Suze also has a South Florida condo and a waterfront house in the Bahamas. She paid $2.5 million for the Bahamas property in 2014, which was nearly the same sum she had just received through the sale of a yacht and a home in San Francisco. It was an undeveloped tract of land at the time. In 2004, she paid $945,000 for her Florida condo near Hillsboro Beach.
Suze Orman Personal Life
Suze Orman supports the Democratic Party and its economic policies, as well as President Obama. She has previously contributed to various campaigns, including Hillary Clinton’s. Orman lives in New York, Florida, and San Francisco, California, with her husband, Kathy Travis. Suze and Kathy married in 2010.
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