Suze Orman
Writers

Suze Orman Net Worth

Suze Orman is an American financial advisor, television host, author and motivational speaker who was born in Chicago, Illinois in 1951. She is best known for her show on CNBC, ‘The Suze Orman Show’ and her numerous books on finance, such as ‘You’ve Earned It, Don’t Lose It’ and ‘The 9 Steps to Financial Freedom’. Orman grew up in a middle class family and faced financial difficulties. She worked as a waitress for 7 years and saved up $50,000 with the help of her customers. Unfortunately, a broker at Merrill Lynch misguided her and she lost all her money. This experience motivated her to study finance and she eventually worked for Merrill Lynch. She then founded her own financial firm and with media exposure and bestselling books, she became a national star.
Suze Orman is a member of Writers

Age, Biography and Wiki

Who is it? Author, Television Personality, Motivational Speaker
Birth Day June 05, 1951
Birth Place Chicago, Illinois, United States
Age 72 YEARS OLD
Birth Sign Cancer
Residence Florida, New York City, and San Francisco
Education Bachelor of Arts in Social Work
Alma mater University of Illinois at Urbana-Champaign (1976)
Occupation Financial advisor author television personality motivational speaker businesswoman investor
Known for The Suze Orman Show
Spouse(s) Kathy Travis (m. 2010)

💰 Net worth: $35 Million (2024)

Suze Orman is widely recognized as an accomplished author, television personality, and motivational speaker in the United States. With her incredible talent in the field, it comes as no surprise that her net worth is estimated to reach a staggering $35 million in 2024. Through her bestselling books and captivating television shows, Suze Orman has become a trusted financial expert, providing invaluable advice on money management and investment strategies. Her motivational speeches have inspired countless individuals to take control of their financial well-being, earning her a prominent place in the world of personal finance.

Biography/Timeline

1951

Orman was born on the South Side of Chicago on June 5, 1951, to Jewish parents of Russian and Romanian origin. Her mother worked as a secretary for a local rabbi, while her immigrant father from Kiev worked in a chicken factory and managed his Morry's delicatessen in Hyde Park.

1976

She attended the University of Illinois at Urbana-Champaign and received a B.A. in social work in 1976. In 2009, Orman received an honorary doctorate of humane letters from the University of Illinois at Urbana-Champaign.

1980

After finishing school, Orman moved to Berkeley, California, where she worked as a waitress. In 1980, she borrowed $52,000 from friends and wellwishers to open a restaurant.

1983

Still an investment novice, she invested that money through a representative at Merrill Lynch, who promptly lost her entire investment in trading options. Later, Orman trained as an account executive for Merrill Lynch, where she learned that the type of investment her broker had put her in was not suitable for her needs, as option trading is considered a high-risk but high-reward investment suitable only for high net worth individuals. It was explained to her that because her broker was the highest producing representative in the office, his actions went unchecked. While still employed at the firm, she successfully sued Merrill Lynch for a prior investment loss of $50,000. After completing her training with Merrill Lynch, she remained at the firm until 1983, when she left to become a vice President of Investments at Prudential Bache Securities, which is a step above entry-level account executive.

1987

In 1987, Orman resigned from Prudential and founded the Suze Orman Financial Group, in Emeryville, California. While there, she published a booklet, The Facts on Single Premium Whole Life, which compared single-premium whole life, universal life, and single-premium deferred annuities; she distributed copies of the booklet for free to anyone who requested one. She was Director of the firm until 1997.

1997

Orman published three books between 1997-99: The 9 Steps to Financial Freedom (1997), You Earned it Don't Lose it (1999), and The Courage to be Rich (1999). Other books by Orman include: The Road to Wealth (2001) and The Laws of Money, The Lessons of Life (2003).

2002

The Suze Orman Show began airing on CNBC in 2002. In February 2008, Orman gave away copies of her book Women and Money for free following an appearance on The Oprah Winfrey Show, generating almost two million downloads. Orman has been featured on the Food Network's Paula's Party. In January 2011, Orman appeared on Oprah's Allstars. In January 2012, Orman's six-episode TV series America's Money Class with Suze Orman premiered on OWN: Oprah Winfrey Network.

2007

In February 2007, Orman stated that she is a lesbian.

2008

In an April 2008 online interview with The Young Turks, Orman said that her net worth was more than US $10 million.

2012

In 2012, Orman introduced a prepaid debit card, backed by Bancorp Bank, aimed at budget-challenged consumers. In personal appearances, she claimed the card would contribute to improving the cardholder's FICO score, even though only one credit agency – TransUnion – had reviewed the proposal and had agreed only to "examine data from [the] cards". The website for the debit card claimed, "I am proud to say that the Approved card is the first prepaid card in history to share information with TransUnion, a major credit bureau." Two years later, the program was quietly ended.

2015

Orman's final episode of The Suze Orman Show aired on March 28, 2015, so Orman could develop a new series, Suze Orman's Money Wars, for Warner Bros. Telepictures Productions. Orman hoped the show would premiere in the fall of 2016.

Some Suze Orman images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.