Life coaches and motivational speakers might be a subject of controversy, often to the point of ridicule, with many who believe they are snake-oil merchants, but a look at the net worth of Tony Robbins shows what can happen when they don’t listen to what people are saying and simply show the world how effective they are.
Tony Robbins has been able to amass a net worth estimated at half a billion, growing in money and influence every year since he began his career as a life coach in 1978. He has published books, held multiple seminars and has been listed on the Worth Magazine Power 100 list.
Simply put, Tony has been an all-round success and, in this article, we examine how it all happened for him, particularly his $500 million net worth
How Tony Robbins Achieved His Net Worth
Despite having a difficult background, growing up in an abusive home in Glendora, California, Tony Robbins has made something of himself, transforming his difficult childhood into a successful adult life many would be proud of, and it all began after he decided to leave his home at the age of 17.
After graduating from Glendora High School, he left his home and worked for as a janitor for a couple of months before he met known motivational speaker, Jim Rohn and began a career as a promoter for his seminars.
His time with Jim Rohn eventually led him to John Grinder, who is a co-founder of Neurolinguistic Programming. The two of them formed a partnership and soon, Tony Robbins began his journey as a motivational and life coach, incorporating NLP and Ericksonian Hypnosis into his seminars.
In 1988, Tony Robbins got his breakthrough and the accumulation of significant net worth when he released his first informercial, Personal Power. The infomercial gave him a lot of exposure, so much that in three years, an estimated 100 million Americans had seen or heard of him.
Thus, began his business enterprise. Tony began to build huge net worth through his seminars, which cost between $650 and $3000 per ticket, exclusive of food, travel expenses, and accommodation and he averages an estimated 200,000 who pay for his seminars and consultancy every year.
Aside from working with individuals, which include notable names like Serena Williams, Bill Clinton, Hugh Jackman, he also works with companies and businesses as a leadership expert. He owns a Leadership Academy Seminar and has hosted several companies and CEOs.
Other than income from his seminars, he is also a published author with five books, four of which has made it onto the New York Times bestselling list. Two of his most popular books are Unlimited Power and Awaken the Giant Within.
Tony Robbins’ Businesses
Aside from income made through his career as a motivational speaker and a life coach, which also includes the Robbins-Madanes Center for Intervention where he trains life skills coaches, he is also a businessman who owns or co-owns over twenty businesses, all of which has contributed to his over $500 million net worth.
He is a co-owner of the eSports pro gaming organization, Team Liquid and he is also a co-owner of the Major League Soccer franchise team, Los Angeles Football Club. His other businesses include a partnership with America’s Best 401k and the founder of Global Accounting Alliance.
Through his vast business interests and a thriving life coach and motivational speaking career, Tony Robbins has been able to accrue a significant net worth, and while it has helped transform him from a life of poverty to one where he owns luxurious properties like a resort in Fiji and his private jet, he has also developed a reputation as a philanthropist.
His Involvement With Charity
He owns a foundation, The Tony Robbins Foundation which he founded in 1991. The foundation is tasked with helping the youth, homeless, hungry, prisoners and elderly.
Aside from the work he has done with his foundation, he has also partnered with other foundations like Give Something Back Foundation, donating $1 million to help send 100 low-income students to medical school.
He has also worked with Feeding America, to provide meals to people. Tony donated profits of his book, Money: Master the Game in 2014 to help feed an estimated 100 million people between 2014 and 2015. He has partnered with the organization multiple times and as of 2017, has helped provide over 300 million meals.