Real estate expert Ken McElroy imparts his knowledge in his books, course, YouTube channel, and podcast. Robert Kiyosaki, the author of the renowned bestseller Rich Dad Poor Dad, refers to him as a Rich Dad advisor. A major factor in Ken’s real estate success is his brand, MC Companies. As of 2022, Ken McElroy has an estimated net worth of $20 million.
McElroy grew up in a lower-middle-class household. His mother worked as a hairdresser, and his father was a contractor. Neither of his parents received a diploma from high school.
Fortunately for Ken, his parents were hardworking and got him a proper education. He also got to enroll in college because of athletics. He got a job running an apartment complex while in college.
He was not very focused on his studies. Nevertheless, while working his first job in the apartment complex, the young man found his passion for property investing.
Real Estate Career
As an inexperienced individual, Ken bought some real estate. He was fascinated despite the fact that he only had a modest property that barely made a profit.
Later on, he turned his investment into a rather significant business. He worked on everything from purchases and property development to investment appraisal and property maintenance.
In the year 2000, he decided to start MC Companies. They gather money from investors and use it to buy commercial buildings with the goal of making every party rich. Ken now has around a billion dollars in holdings and approximately 250 workers.
Ken McElroy has a real estate investment training program called Master Course. It consists of 11 video-based lectures. He teaches how anyone can get started in investing, how to analyze the market, how to manage assets, and more.
He is the author of a number of bestselling works on property investment and finance. This includes several books in Robert Kiyosaki’s Rich Dad Advisors collection. He also hosts the podcast titled Real Estate Strategies with Ken McElroy on Google Podcasts, Apple Podcasts, and Spotify.
In 2015, he created his self-titled YouTube channel. It covers a wide range of subjects related to McElroy’s specialty, such as economics, planning, passive income, and more. At the time of writing, he has a subscriber count of 291,000.
It’s no doubt that his main source of income is MC Companies, which has been around for a total of 22 years. With the company, Ken has handled over $1 billion in property investment. It is also reported that he personally has $750 million in real estate assets.
He also earns a hefty sum from his efforts in educating others about real estate and finance. Ken wrote four bestselling finance books in his career. His course, podcast, and YouTube channel are other income streams that add to his $20 million net worth.
Ken lives in Scottsdale, Arizona, with his family. He spends some of his time and money doing charity work there. He works with foundations helping children, food banks, and people with autism.