Entrepreneur Ramit Sethi is a personal finance expert who wrote the bestseller “I Will Teach You to Be Rich”. He owns a website of the same name. He is also the co-creator of PBworks, a business wiki-based platform, and GrowthLab.com, an end-to-end internet marketing solution. As of 2022, Ramit Sethi has a net worth of $25 million.
Ramit Singh Sethi was born in California, United States, on June 30, 1982. He came from a middle-class household. Bella Vista High School in Fair Oaks, California, was his alma mater.
He devised a system for applying to more than 60 scholarships, and he went to Stanford University. In a 2002 Oxford study-abroad session, he 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 in Seth Godin Enterprises. He worked there for four months in 2003. In 2004, he started the website and blog named “I Will Teach You to Be Rich” while still in college.
In the same year, he became an intern in AuctionDrop. His first responsibility was to come up with a viral marketing approach. After that, he made recommendations for end-to-end customer service as a consultant.
After leaving AuctionDrop, he continued being a consultant for Storm Ventures and Omidyar Network. Around this time, he co-founded PBwiki, now called PBworks. The service is meant to make client collaborations easier.
Rise to Fame
The book version of “I Will Teach You To Be Rich” was published in 2009, and it has been a big success since then. The book’s title implies that it offers readers guidance on how to become rich, and Sethi presents it in a unique way.
It 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 passive income source as a result of it.
With this, he founded his third website in 2015. He called GrowthLab.com. It was built as a one-stop-shop for web marketing. In 2019, he made an updated version of his book, and it served him well once more.
Ramit Sethi established his wealth from a variety of online businesses. His main brand, I Will Teach You To Be Rich, has grown so much. Aside from the book and site, it also has a podcast now. He is also an advocate for investing.
His portfolio is made up mostly of stocks, with over 80%. He also spends 15% on bonds. As for crypto, he has expressed multiple times his reluctance about digital currencies. Even without the help of crypto, he has amassed a fortune worth $25 million in today’s market.
Cassandra Alicia Sethi, a personal stylist and the owner of Next Level Wardrobe, is Ramit Sethi’s wife. They got married in July 2018 in Lake Tahoe, California.