Susan Lynn ‘Suze’ Orman is a popular name in finance. Better known as Suze Orman, the American financial advisor has also gained popularity as an author and podcast host.
Even though she had been an active presence in finance, she became a familiar and much more popular financial advisor through her show ‘The Suze Orman Show’ which was broadcasted on CNBC. The program was a successful one and ran from 2002 to 2015 – for 13 long years.
Apart from her successful television show and role as a host, Suze Orman has also proved her skills and talent as an author. She has written many books on personal finance and has held the New York Best Seller title in the genre for ten consecutive years.
Apart from hosting a successful show, Orman has also appeared on some of the best talk shows of all time like ‘The Oprah Winfrey Show’ and ‘Larry King Live.’ Currently, she has also entered the world of podcasts and hosts the ‘Suze Orman Women & Monday Podcast.’
She has also made it twice on the 100 Most Influential people by the Times magazine and is also the receiver of some of the prestigious awards like the Gracie Awards and the Emmy Award.
Suze Orman – Early Life
The financial expert was born on June 5, 1951, and she was born on the South Side of Chicago. Suze Orman’s parents were not from America.
Her father Morry Orman was a Russian descendant who immigrated from Kyiv. He managed a deli in Hyde Park and also used to work in a chicken factory.
Her mother Ann Orman was of Romanian origin and she used to work as the secretary of a local rabbi. Suze Orman spends most of her childhood in her hometown and also completed her basic education there.
After completing her school education, Orman enrolled at the University of Illinois Urbana-Champaign.
While most people think that Orman took up subjects related to finance in college owing to her career, she actually studied social work.
After earning her bachelor’s degree in the subject, Orman also received two honorary doctorates, one from the University of Illinois at Urbana-Champaign and another from Bentley University.
Suze Orman – Career
Suze Orman left her hometown after completing her college education in search of new opportunities. Orman chose Berkeley, California as her destination, and the first job that she had there was that of a waitress.
Orman decided to give finance after losing a sum of $52,000 to trading. She entered trading through a representative at Merrill Lynch.
Orman received the needed training to become an account executive from Merrill Lynch and after completing her training, she also found a job at the firm and worked there until 1983. Orman left Merril Lynch for a better position at Prudential Bache Securities. She joined the firm as the vice president.
Suze Orman served at the firm for three years and after that, she resigned from her position to start her own company. ‘Suze Orman Financial Group’ was a result of her innovation and became officially open in 1987 in Emeryville, California.
Suze Orman served as the director of the firm for almost ten years before retiring from the position in 1997.
After resigning as the director of the company that she founded in 197, the next big thing in the career of Suze Orman was ‘The Suze Orman Show’ which started airing on CNBC in 2002.
The show became a success and ran for almost 13 years before finally ending the telecast in 2015. One year later, Ormans also got appointed as the finance educator for the United States Army and also the Army Reserve.
Recording success in the field of television hosting, writing, and also as a financial advisor, Orman currently focuses her time on her twice weekly ‘Suze Orman Women & Money Podcast.’
Apart from being a television personality, Orman is also a very successful author, who has written more than ten books that discuss the subject and different areas of investments and finance. She also has a track record of becoming the New York Times Best Seller for ten consecutive years.
Apart from that she has also written articles in finance for publications like ‘O, The Oprah Magazine,’ ‘Money Matters’ by Yahoo!, and also the Costco Connection Magazines.
Suze Orman – Net Worth
Suze Orman is one of the finest financial advisors and she is considered a financial guru with expert knowledge and experience in different fields.
Her career is spread across different areas like television hosting, writing, podcast hosting, and many more and it should be noted that Orman was successful in all her different ventures. This successful career has immensely contributed to her net worth which is estimated to be $75 million.
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Suze Orman – Personal Life And Family
Suze Orman is a very open person; she has been very vocal about her identity. Orman came out as a lesbian in February 2007. She had been married to Kathy Travis who goes by the name KT. They tied the knot in 2010 and had been together ever since.
Kathy Travis is not just her partner in life but she is also a partner in her different businesses too.
As for politics, Orman is a supporter of the Democratic party and she has donated money to the party too. One of the main reasons for her support, according to her, is the party’s policies regarding same-sex marriage. She is an advocate of equality for such issues.
Suze Orman – Awards And Honors
With the history of a very successful career that stretches over different niches like television, books, podcast, and many others, Suze Orman has received a number of different awards and recognitions for her works.
She won the prestigious Emmy awards two times in her career and also is an eight-time winner of the Gracie Award.
Orman has also been named the New York Times Best Seller of 10 years back to back. She has also received two honorary doctorates from two different universities in her career.