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Dave Ramsey Net Worth

Dave Ramsey net worth

Image Source: CNBC.com

Celebrity Name:Dave Ramsey
Real Name:David Lawrence Ramsey III
Gender:Male
Age:62 years old
Date Of Birth:3 September 1960
Birth Place:Antioch, Nashville, Tennessee, United States
Marital Status:Married
Profession:Author, businessman, and Radio Host
Net Worth in 2022:$200 million

Dave Ramsey Net Worth

Dave Ramsey is an American author, entrepreneur, personal finance expert, and radio host. He is the host of the nationally broadcasted radio The Ramsey Show. Dave is known for creating a business where he helps others to learn about finance. Dave is the founder of The Lampo Group. He is a television host as well as a motivational speaker. 

Dave Ramsey net worth is $200 million.

Early Life

Dave Ramsey’s real name is David Lawrence Ramsey III. was born on 3 September 1960, in Nashville, Tennessee, United States. He attended Antioch High School and completed his bachelor’s in finance and real estate from the University of Tennessee, Knoxville.

Career

At the age of 26, Dave Ramsey had a portfolio worth over $4 million. In 1987, when the Competitive Equality Banking Act took effect several banks changed their ownership and recalled his $1.2 million loan because he was over-leveraged. He was unable to pay and filed for bankruptcy in 1988. 

In 1988, he founded a financial counseling service company, The Lampo Group. In 1992, he started hosting several radio shows including The Money Game, and The Dave Ramsey Show. His financial column was published in the Gannett newspaper group. From 2007 to 2010, The Dave Ramsey Show was aired on the Fox Business Network. In 2014, he renamed his company’s name from The Lampo Group, Inc to Ramsey Solutions. Over 350 team members and runs his business debt-free. The company’s headquarters are located in Franklin, Tennessee. Dave Ramsey’s formula for reducing debt is very much popular amongst the people, Using the Debt snowball method. He also encourages people to not take student loans. 

Dave Ramsey is the author of several books such as Financial Peace (1992), Dumping Debt: Breaking the Chains of Debt (1993), and Financial Peace Planner (1993). More than Enough (1998), How to Have More Than Enough: A Step-By-Step Guide to Creating Abundance (2000), Pricele$$: Straight-shooting No-frills Financial Wisdom (2002) amongst others. 

Also Read: Lewis Hamilton Net Worth

Personal Life

In 1982, Dave married Sharon, the couple has three children: Denise, Rachel, and Daniel. Ramsey is an evangelical Christian, he describes himself as conservative, both fiscally and culturally.

Earnings

Dave Ramsey net worth is $200 million. Dave Ramsey made his fortune by selling his own books, hosting radio programs, and financial consultancy services. Dave Ramsey’s real estate portfolio is worth over $150 million. Many people listen to his radio show. 

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