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9 Richest Financial Authors – What Are They Best Known For and What Can You Learn From Them?
Before the abundance of online financial advice, people turned to expert books for information on how to build a financially secure life and achieving certain financial milestones.
Many of the top money experts owe their success to these books, while others have found that their audiences crave knowledge at their fingertips.
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Here are nine of the richest financial authors, all of whom are also on the GOBankingRates list of 100 most influential financial expertsbeyond how much they are worth and what can you learn from them.
Rachel Cruze: $3 million
Rachel Cruze is a personal finance expert and most recently author of “Know Yourself, Know Your Money.” On her show “The Rachel Cruze Show,” she shares practical money tips. She is also the daughter of money expert Dave Ramsey.
Her 2021 book explains the influence of our parents’ views on money on our own “money personalities” and discusses what she calls types of “money classrooms.” The book also explains six financial fears that you may be struggling with that are influencing your financial decisions and attempts to direct you towards healthier financial decisions.
“Money is just a magnifying glass: it makes you more who you are. If you are kind and generous, you will be even kinder and more generous with money. If you are rude and self-centered, you will be even more rude and self-centered with money. Money is just a tool and has nothing to do with your identity,” Cruze wrote in the book.
Read next: Suze Orman: Why even big retirement savers are at risk
Ramit Sethi: $25 million
Ramit Sethi is a finance expert, former host of Netflix’s “How to Get Rich” and founder of the blog I Will Teach You To Be Rich, which discusses personal finance and personal entrepreneurship.
He published his New York Times bestselling book, “I Will Teach You To Be Rich,” in 2009, which teaches many financial concepts, including how to get out of debt (including student loans) faster, how to save hundreds or even thousands per month without sacrificing the things you want to buy, how to automate savings and investments, and more.
His philosophy can be summed up simply in a quote from his book: “Spend extravagantly on the things you love and cut costs ruthlessly on the things you don’t.”
Suze Orman: $75 million
Before social media made influencers and other money experts famous, there was Suze Orman, who became one of America’s best-known financial experts. She is an Emmy-winning TV host and runs the popular podcast “Women & Money.” Additionally, 10 of her books have been New York Times bestsellers.
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Most recently, one of her bestsellers, “The Ultimate Retirement Guide for 50+” was updated in 2023. However, Orman has long made it her mission to empower women on their financial journey. Her book “Women & Money: Owning the Power to Control Your Destiny” achieves this goal. She is perhaps best known for “The Courage to Be Rich,” however.
In “Women and Money,” she wrote: “The way we behave around our money, how we treat it, says a lot about how we perceive and value ourselves. If we’re not powerful with money, we’re not powerful, period.”
Bárbara Corcoran: US$100 million
In 2011, Barbara Corcoran, star of ABC’s “Shark Tank,” published a memoir called “Shark Tales: How I Turned $1,000 into a Billion Dollar Business,” which chronicles her rise from financial hardship to real estate mogul. She describes failing at 22 jobs and being so broke that she had to borrow $1,000 from her boyfriend to open her own small real estate office in New York.
The reckless Corcoran happily shares her strategies that have worked for her with anyone interested in following in her footsteps.
“Being afraid of failure stops you from trying things in the first place. I learned after many failures that no one is watching and no one gives a shit. If you want to build a successful business, you don’t have to get it right; you just have to start,” she wrote in her book.
Robert Kiyosaki: $100 million
Robert Kiyosaki is the author of the book “Rich Dad, Poor Dad” – a personal finance guide that is the first in a series of over 20 guides covering a range of personal finance topics. He is also the founder of Rich Global and the Rich Dad Company, a financial education group.
The New York Times bestseller “Rich Dad, Poor Dad,” first published in 1997, continues to sell well. It’s the story of how Kiyosaki grew up with two parents – his own father, the “poor” father, and his best friend’s father, the “rich” father – and how the mindsets of these two men influenced his own thoughts and financial choices. What made the book so successful was the idea that you don’t need to earn a high income to be rich.
A quote from the book sums up his thoughts on the power of attitude in finance: “The most powerful asset we all have is our mind. If trained well, you can create enormous wealth in what seems like an instant.”
Jim Cramer: $150 million
Outspoken financial expert Jim Cramer brings his experience founding a hedge fund company in the late 1980s to his stint as host of CNBC’s “Mad Money.” He also runs CNBC’s “Investment Club.” He has also written several books: “Stay Mad for Life”, “Confessions of a Street Addict”, “You Got Screwed”, “Real Money” and “Mad Money”.
His most recent book is “Get Rich Carefully,” published in 2013. In this book, he appeals to people who are “tired of false promises about how to get rich quick” and offers tips on how to build lasting wealth in a cautious manner.
Perhaps his most famous quote is this: “Bulls make money. Bears make money. But the pigs are slaughtered.” This essentially means investing wisely, not greedily, or you could end up losing out financially.
Dave Ramsey: $200 million
Dave Ramsey is one of the most recognizable faces in personal finance. He is, unsurprisingly, the author of several best-selling books, including “The Total Money Makeover,” and host of the financial advice program “The Ramsey Show,” which has more than 18 million listeners. He is also the CEO of the company Ramsey Solutions. One of his most recent books is “Real Estate the Ramsey Way”.
Ramsey is often known for somewhat controversial advice, like never using a credit card and not investing in 401(k)s until you’ve done other things he suggests.
In a recent Slate analysis of Ramsey’s impact on everyday people’s finances, writer Joel Anderson described Ramsey’s financial advice as “fairly simple…pay everything in cash and live as modestly as possible until you are completely debt-free.”
Ramsey advocates basic money-saving strategies that have helped many people find financial security.
Kevin O’Leary: $400 million
Kevin O’Leary, a Canadian businessman, is one of the investors in “Shark Tank”. He has been on the show the longest and has earned the nickname “Mr. Wonderful.” He founded SoftKey, a software company, and has since dabbled in TV shows. Additionally, he has written books about money, relationships, and business. One of his most recently published books was “Cold Hard Truth on Family , Kids and Money”, published in 2013.
In it, he encourages readers to think carefully about the big decisions in their lives, from career to life partner, although he focuses more on the financial implications of these choices. He also offers 50 common money mistakes.
One of his main pieces of advice is not to get emotional about your money. “If emotions are involved in a financial decision, be very, very careful. No decision fueled by EMOTION has ever been led [to] long-term value,” he wrote in a LinkedIn Post.
Grant Cardone: $600 million
Grant Cardone is best known as the author of “The 10X Rule” and CEO of Cardone Capital. The book led to the 10X Growth Conference, and Cardone promotes financial health through books and seminars, among other things.
“The 10X Rule” discusses a “4th degree of action” that goes beyond what Cardone calls the three main basic action steps: “no action, retreat, or normal action.” The fourth degree of action is “massive action,” and his book promises to show readers how to accomplish it through strategies like “effort estimation,” busting time management myths, and more.
He urges his clients and followers to overcome outdated and impractical middle-class myths and limitations in order to achieve their own freedom.
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This article originally appeared on GOBankingRates. with: 9 Richest Financial Authors – What Are They Best Known For and What Can You Learn From Them?