Dan Lok is a successful Chinese-Canadian businessman, author and mentor. He had a rocky start to his career as his early business ventures failed. Now, Lok is an established entrepreneur and is highly respected in business circles. Dan Lok has an estimated net worth of $100 million. The majority of his wealth was generated from selling high-priced courses.
Early Life
Hailing from Hong Kong, China, Dan was born as an only child on November 24, 1981. His parents split when he was 14 years old and he moved to Vancouver with his mother.
Back in Hong Kong, his father was still providing them with financial support. In the US, Lok did everything he could to fit in as one of three Asian kids at school.
Once Dan turned 16, his father went bankrupt and stopped supporting them financially. Thus, the teen started working part-time. He had several jobs while attending business classes at Douglas College.
Career Beginnings
After learning about marketing, Lok tried setting up different businesses. However, 13 business ideas failed within three years.
Fortunately, Dan discovered Alan Jacques, the owner of a financial education company in Canada. Lok dropped out of school and Jacques mentored young Dan. Lok created a one-man advertising agency with his mentor’s help.
Within a year, his clientele was earning millions of dollars through his sales letters. In 2007, Lok was commanding $10,000 per job by the time he was 22 years old.
Rise to Fame
By 27, Dan became a self-made millionaire. He invested his profits into real estate and retired young. However, the retirement didn’t last long as he planned to share his expertise. In 2017, Lok’s first foray into the educational space was publishing the book “Forbidden Psychological Tactics.”
After this, he published more books to help educate others about marketing and sales. He also started venturing into business coaching with online courses – Inner Circle mastermind and High-Ticket Closer Certification Program.
Lok spends a lot of time on his websites and social media accounts training others. He hosts the podcast titled “The Dan Lok Show” and his YouTube channel has over 4.72 million subscribers.
Net Worth
Dan created and partnered with over 15 corporations in areas ranging from beauty to online marketing. He founded Dan Lok Companies, Copywriters.com, HighTicketClosers.com, Emperor Group, Quick Turn, and more. Today, his annual income easily surpasses seven figures, giving Dan Lok a $100 million fortune.
He is a bestselling author and has released over 10 books in addition to his online businesses. Income from books is small but it’s mainly used as a way to funnel people into his high-ticket coaching programs and courses. For example, High Ticket Closer costs $4,000 according to danlokshop.com. Despite dwindling views on YouTube, the platform still makes him around $6,000 in ad revenue.
Personal Life
Lok is married to Jennie Lok. They met when Dan was building up his career, and Jennie was working at a karaoke place. The pair have been together for over a decade, and currently live in a Vancouver penthouse worth $15 million.
Jennie is a business partner, she is the Chief Strategy Officer of Dan Lok Companies and is the face of Dan’s Alpha Man Smart Woman YouTube series. In recent times, Lok isn’t as popular as he once was and the likes of Alex Hormozi have taken over. Also Coffeezilla, has publicly uploaded negative videos about Dan Lok and his business practice.
