Suze Orman, a financial guru, author, and TV personality from the US, made a huge impact with her money wisdom. She landed her own show, “The Suze Orman Show,” on CNBC back in 2002 and even scooped up a Gracie Award for it in 2006. Her books on all things finance have really made waves too!
Who is Suze Orman?
Susan Lynn Orman, better known as Suze Orman, entered the world in Chicago, Illinois, on June 5, 1951, to Morry and Ann Orman, both from Jewish roots tracing back to Russia and Romania. Her mom worked as a secretary for a local priest, while her dad juggled work at a poultry factory and their deli. Her family struggled financially.
Suze set her sights on Berkeley, California, after earning a bachelor’s degree in social work from the University of Illinois at Urbana-Champaign in 1976. After graduating from college, she worked hard as a server and took a risk by borrowing $52,000 from friends to open her own restaurant.
Things took a tough turn when she trusted a Merrill Lynch advisor with her investment, only to see it vanish. But Suze didn’t let that stop her. She switched gears, getting trained as a Merrill Lynch account executive, and later moved on to become the vice president of finance at Prudential Bache Securities until 1983.
Suze Orman Biography
Suze Orman came into the world in Chicago on June 5, 1951, part of a Jewish family with roots in Russia and Romania. Her dad hustled at a chicken factory, and her mom held a role in the local religious community from their Romanian background.
|Susan Lynn “Suze” Orman
|72 years old
|5 June 1951
|Chicago, Illinois, United States
|Kathy Travis (m. 2010)
|American author, financial advisor, motivational speaker, television host, and podcast host
|Net Worth in 2023
Suze Orman Education And Early Life
After snagging a B.A. in social work from the University of Illinois in 1976, Suze faced financial roadblocks that led her to leave school. She headed out to California, working as a waitress at the Buttercup Bakery to make ends meet.
Dreaming big, she saved up $52,000 from her own stash and generous supporters to dive into the restaurant biz. But things took a sour turn when she sought advice from Merrill Lynch on how to handle this hefty sum. Unfortunately, a misguided broker’s counsel led to her losing it all. That tough ordeal sparked her deep dive into the world of finance, fueled by a determination to understand it inside out.
Suze Orman Age, Height And Weight
Suze Orman, born on June 5, 1951, is 72 years old as of 2023. She stands at around 1.63 meters tall and weighs about 55 kilograms.
Suze Orman Family
Suze’s dad, Morry Orman, put in shifts at a chicken factory, while her mom, Ann Orman, held down the fort as a secretary for a local rabbi. As for whether she has siblings, that’s still a bit of a mystery. There’s ongoing research to uncover more details, so stay tuned for updates on that part of her life.
Suzanne Orman is Gay
Sexuality can be a personal journey, right? Figuring out who you are, especially in societies that might not be so welcoming to it, can take some serious time. But here’s something cool: Suze Orman, in an interview, straight up said she knew she was into women from the get-go.
She didn’t hold back on being herself, even when being openly gay wasn’t exactly a walk in the park. Suze hoped her openness would spark change and give others the courage to embrace who they are.
She mentioned coming out for the first time when she turned 18. Her friends kind of guessed it, noticing her vibe with other women, but they didn’t push it. It took the Stonewall riots in ’69 to really empower her to stand up.
Those riots were a turning point, not just for her but for many others done with the unfair treatment of the gay community. After that, she started going to gay liberation meetings, finding a community that felt like home.
After a tough loss in the trading world, Suze Orman didn’t just throw in the towel. She hustled, diving into the finance game as an account executive at Merrill Lynch. Those years taught her the ins and outs of investments before she stepped up as a vice president at Prudential Bache Securities in ’83.
But Suze wasn’t done there. Nope, not even close. In ’87, armed with some serious financial chops, she started her own gig, the Suze Orman Financial Group in California. That’s where she penned her first booklet, “The Facts on Single Premium Whole Life,” setting the stage for what was to come.
Her writing game was strong! Between ’97 and ’99, she dropped three books that rocked the finance scene: “The 9 Steps to Financial Freedom,” “You Earned it, Don’t Lose It,” and “The Courage to be Rich.” And that was just the start—she kept the ball rolling with hits like “The Road to Wealth,” “The Lessons of Life,” and “The Money Laws.”
Then, boom! CNBC launched “The Suze Orman Show” in 2002, catapulting her to financial stardom. Oprah Winfrey even brought her on board in ’08, giving away copies of Suze’s book “Women and Money,” which practically flew off shelves with nearly two million downloads.
Oprah’s circle loved Suze. She appeared on “Oprah’s Allstars” in 2011 and brought her A-game to “America’s Money Class with Suze Orman,” a show on the Oprah Winfrey Network. And let’s not forget her columns—Suze shared her wisdom in magazines and online platforms, spreading financial savvy far and wide.
Suze Orman Awards
Orman’s shelves are stacked with awards! In ’99, her book “The Courage to Be Rich” snagged the Motivational Book Award. Then, in 2002, she clinched the TJFR Group News Luminaries Award for lifetime achievement in Business Journalism. Her show scored big too, landing the AWRT Gracie Allen Award for Outstanding Talk Show in 2007. Oh, and to top it off, Forbes crowned her one of the top ten most influential celebrities of 2013. That’s some serious recognition!
Suze Orman’s Net Worth
Suze Orman’s got quite the bank account—around $40 million, to be exact, earned through her gigs at Merrill Lynch, Prudential Bache Securities, and running her own Financial Group.
But that’s not all—she’s been a regular on TV, popping up on shows like The Oprah Winfrey Show and Paula’s Party, rubbing shoulders with the celebrity crowd.
And hey, she’s not just any author—Suze’s books hit the New York Times bestseller list. USA Today hails her as a powerhouse in personal finance, calling her a force to be reckoned with. No wonder she’s one of America’s go-to experts when it comes to all things money.
Suze Orman Husband, Marriage
Suze Orman tied the knot with Kathy Travis back in 2010, and she’s been pretty open about her sexual orientation since 2007. She’s never shied away from being true to herself.
Social Media Profile
Suze Orman’s all over social media! She’s got quite the following—around 36.8k on Instagram, a whopping 554,648 on Facebook, and about 1.49 million fans keeping up with her tweets on Twitter. Looks like she’s making waves online!
- Early Challenges: Suze faced financial setbacks after trusting an advisor and losing $52,000, igniting her deep dive into finance.
- Professional Beginnings: She worked at Merrill Lynch and later became VP of finance at Prudential Bache Securities.
- Entrepreneurship: Founded the Suze Orman Financial Group in ’87, authoring pivotal financial books that gained acclaim.
- TV Stardom: Her show “The Suze Orman Show” on CNBC launched her into financial stardom in 2002.
- Oprah Collaboration: Partnered with Oprah Winfrey, sharing financial wisdom through various shows and books.
- Award-Winning Author: Received accolades for her books, including the Motivational Book Award and Forbes recognition.
- Financial Influence: Earned a spot among the top ten most influential celebrities in 2013 by Forbes.
- Wealth Accumulation: Suze’s estimated net worth sits at an impressive $40 million.
- Personal Life: Married Kathy Travis in 2010 and openly discussed her sexuality, being an advocate for LGBTQ+ rights.
- Social Media Presence: Engages with a substantial following across various platforms, spreading financial wisdom.
Suze Orman, a financial guru, faced initial financial hardships but transformed them into a journey toward understanding finance. From her struggles emerged a successful career in finance, marked by roles at prestigious firms, the establishment of her financial group, and a prolific writing career. Her television show propelled her to fame, and collaborations with Oprah Winfrey solidified her influence in personal finance. Orman’s estimated net worth stands at an impressive $40 million, earned through her expertise, television appearances, and best-selling books.
Frequently Asked Questions (FAQs) about Suze Orman’s Net Worth
1. How did Suze Orman start her career in finance?
Suze’s career began at Merrill Lynch, followed by a role as VP of finance at Prudential Bache Securities.
2. What inspired Suze Orman to focus on finance?
A loss of $52,000 due to poor financial advice prompted her to deeply explore and understand finance.
3. What are some notable achievements in Suze Orman’s career?
She hosted “The Suze Orman Show” on CNBC, wrote best-selling financial books, and received awards for her contributions.
4. What is Suze Orman’s estimated net worth?
Suze Orman’s net worth is approximately $40 million.
5. How has Suze Orman contributed to LGBTQ+ advocacy?
Suze openly discussed her sexuality and has been an advocate for LGBTQ+ rights.
6. Where can I find Suze Orman’s financial advice?
Her insights are available through her books, TV appearances, and active engagement on social media.
7. Has Suze Orman collaborated with other prominent figures?
Yes, she collaborated extensively with Oprah Winfrey, appearing on her shows and partnering on financial advice initiatives.
8. Which awards has Suze Orman received for her work?
She has received accolades such as the Motivational Book Award and was recognized by Forbes among the most influential celebrities.
9. What impact did “The Suze Orman Show” have on her career?
The show catapulted her to financial stardom and widened her influence in the personal finance sphere.
10. How does Suze Orman engage with her audience?
She actively interacts with a substantial following on various social media platforms, sharing financial wisdom and advice.