Dave Ramsey is an American-born author and businessman. In addition to that, he is a television personality, a commercial broadcaster as well as a motivational speaker. His syndicated radio program by the name The Dave Ramsey Show is a favorite one in both Canada and the United States. He owns a company called The Lampo Group and has appeared on various television shows. Let’s find out how much is Dave Ramsey’s net worth in 2018.
Dave Ramsey Early Life
Dave Ramsey was born in 1960 on 3rd September as David L. Ramsey III. His birthplace was Antioch, Tennessee, the United States of America.
In 1982, he graduated from the College of Business Administration. It is affiliated with the University of Tennessee, Knoxville. He earned a degree in Finance and Real Estate.
Ramsey is a staunch Christian.
For the last three decades and some extra years, Dave Ramsey has been the husband of Sharon. In the course of their marriage, the couple has welcomed three children. Their names are Daniel, Rachel as well as Denise.
Dave Ramsey Career
At the age of 26, Dave owned a brokerage firm whose name was Ramsey Investments, Inc. The business failed due to external factors including the Tax Reform Act of 1986.
The fall affected his financial status. However, on recovering from the situation, he started counseling his church mates who were married. Then, he started advising people on finance issues.
His debut radio career was as one of the hosts of a show known as The Money Game. The other host was Roy Matlock of Primerica. Later, its name changed to The Dave Ramsey Show. Presently, all its listeners amount to more than 12 million. That is because it is available in over 575 radio stations, SiriusXM, a YouTube Channel as well as the iHeartRadio. As a podcast, you can get the program in Google Play, iTunes as well as a video channel on Dave Ramsey.com.
The Fox Business Network had launched a television show with the same title, i.e., The Dave Ramsey Show. However, they called it off in 2010.
In 1992, Ramsey formed a company called The Lampo Group Inc. Currently, it bears the name Ramsey Solutions. Ramsey hired Russ Carrel as his lead financial counselor, and since then it now has 500 team members. He and Russ after they started working together began teaching Financial Peace University.
He founded Financial Peace University which teaches adults biblical teachings. Additionally, he initiated EntreLeadership. Dave created The Legacy Journey as a follow up to the other biblical training in 2013.
Besides that, the Ramsey Solutions are the creators of a budgeting tool called EveryDollar. It is available for Android, iOS as well as online. As a writer, he has written on personal finance and also children’s books. He has also contributed to other publications.
Awards & Achievements
Dave Ramsey is an excellent contributor to the financial industry. He not only offers advice but has also developed a tool to help in the field.
Net Worth of Dave Ramsey
Dave Ramsey has a net worth of $240 million. Selling his books is one of the sources of income. His career as a host of radio has also helped him get money. He also owns a company called Ramsey Solutions. He is also a commercial broadcaster, motivational speaker, and a television personality. All the above have contributed to his current net worth.
Dave Ramsey is an icon in the finance sector. He is a supporter of the debt snowball method. Some of his books including Financial Peace Revisited and The Total Money Makeover are available in Spanish. He has appeared on the list of New York Times Bestseller for at least four times.