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As of early 2025, Ramsey's net worth is most commonly estimated to be around $200 million. Most outlets reporting this figure cite CelebrityNetWorth — a popular celebrity wealth site that doesn't disclose its estimation methodology or cite its sources — as the source for this number.
Here are a few of the marks he might be missing. He Misses The Power Of Leverage. Mr. He Says Standard Deductions Make Tax Deductions Associated With Real Estate Irrelevant. The standard tax deduction is very large now at $29,200. He Ignores Currency Debasement. Ramsey Loves Index Funds Too Much.
Ramsey borrowed heavily to fund his real estate empire and by the time the banks called in his loans, he was "up to his eyeballs" in debt. With only 90 days to repay millions, he tried to outwork his mistakes but ultimately declared bankruptcy in September 1988.
A will is a document that approves you to designate how your property and property are allotted upon your death. The easiest structure of a will is a “holographic” or handwritten will, which does not require witnesses or lawyers. A holographic will be written absolutely in the testator's personal handwriting.
You can make a will on your own, use a will writing service, or get help from a lawyer. Make sure you sign it in front of witnesses. Keep the will in a safe place and let your executor know where to find it. Making a will ensures your assets are handled the way you want.
To ask Ramsey a question, call in during the show at 1-888-825-5225 or send an e-mail to daveonair@daveramsey.
Some folks will need $10 million to have the kind of retirement lifestyle they've always dreamed about. Others can comfortably live out their golden years with a $1 million nest egg. There's no right or wrong answer here—it all depends on how you want to live in retirement!
To ask Ramsey a question, call in during the show at 1-888-825-5225 or send an e-mail to daveonair@daveramsey.
Ramsey has no professional credentials. He isn't a licensed investment advisor, nor does he possess any professional credential like the Certified Financial Planner (CFP) designation. Ramsey isn't accountable for the advice he gives.