Ramit Sethi is an entrepreneur and personal finance expert who wrote the bestseller “I Will Teach You to Be Rich”. He owns a website of the same name and is the co-founder of PBworks, a business wiki-based platform, and GrowthLab.com, an online marketing blog. As of 2023, Ramit Sethi has a net worth of $25 million.
Ramit Singh Sethi was born in California, United States, on June 30, 1982. He comes from a middle-class household and went to Bella Vista High School in Fair Oaks, California.
He devised a system for applying to more than 60 scholarships, and got into Stanford University. In a 2002 Oxford study-abroad session, Ramit got the chance to learn about social influence and persuasion.
Sethi earned a Bachelor of Arts in Science, Technology, and Society with a minor in Psychology from Stanford in 2004. In 2005, he earned a master’s degree in sociology from the same institution.
He was a business executive and Seth Godin’s first intern at Seth Godin Enterprises. He worked there for four months and started the blog IWillTeachYoutoBeRich.com in 2004, while he was still in college.
In the same year, he interned in AuctionDrop and his first task was to come up with a viral marketing strategy. After leaving AuctionDrop, he continued to work as a consultant for Storm Ventures and Omidyar Network. Around this time, he co-founded PBwiki, now called PBworks. The service aims to make collaborating with clients easier.
Rise to Fame
The book version of “I Will Teach You To Be Rich” was published in 2009, and it has gone on to become a huge success. The book’s title implies that it offers readers guidance on how to become rich, and Sethi presents it in a unique way.
The book became a New York Times Best Seller. Sethi has been labeled one of the top teachers of personal finance. Ramit has amassed a sizable fanbase and a steady passive income stream as a result of it.
In 2015, the serial entrepreneur founded his third website GrowthLab.com. It was built to become the ultimate resource for online marketing. In 2019, he published an updated version of his book as the world had changed significantly over the last decade.
Ramit Sethi has made the majority of his wealth from operating mu;tiple online businesses. His main brand, I Will Teach You To Be Rich, has become a global brand. Aside from the book and website, he also has a podcast.
Ramit’s portfolio is mostly made up of blue chip stocks and invests 15% into bonds. As for crypto, he has expressed multiple times his reluctance about digital currencies. Even without the help of crypto, Sethi has amassed a fortune worth $25 million.
Ramit Sethi is married to Cassandra Alicia Sethi, a personal stylist and the owner of Next Level Wardrobe. They got married in July 2018 at Lake Tahoe, California.