Ready for some not so awesome news? You might be saying no, but I will share anyway. Here we go: the top 1% of Americans control 38.6% of America’s wealth. I would really like to throw a temper tantrum right now- stomp my feet and scream, “Not fair!” Anybody else? The bottom 20% of Americans have a whopping average net worth of around $6,000- less than one year’s pay for most. You will find people such as Warren Buffet and Bill Gates at the top in the billionaires’ section- you know, the highest net worth kids- but if you travel down a little to the millionaire net worth section, you will see none other than Gordon Ramsay.
We all want to be wealthy. The idea of being able to know your bills are paid, your family has everything it needs, you can get your plumbing fixed if there is a problem, or buy a new car if your breaks down. Or better yet being able to keep your car taken care of so you usually know when it is about to break down. How wonderful it would be to buy a new car- or refrigerator, washer, dryer, and so on- before you need it.
Maybe a vacation once a year and knowing your kids will get off to college no problem. Maybe even hiring someone else to clean your house or do your yard work so that you can be lazy on an off day, or just take the day to enjoy your family without worrying if the lights will stay on. Yes, wealth sounds nice. Why would it not?
Gordon Ramsay – The Beginnings
So let’s see how it is to be wealthy. And we are going to do it on a very good example – Gordon Ramsay net worth. Unless you live under a rock, you know him- or you have at least heard his yelling on television while in the kitchen, with a lot of “bleep” noises. On a show named “Hell’s Kitchen”, I guess you cannot expect much more. You have also probably seen him on MasterChef and other cooking shows because he is indeed a master chef. He may have quite the potty mouth, but his pockets are lined with gold. Okay, maybe not gold, but a whole lot of green.
But he has not had it perfect from the beginning. Ramsay was born in Scotland and moved to England when he was 5 years old. His childhood was far from picture-perfect. An abusive and neglecting father had everything to do with that. But, he still managed to find his passion at 19 – cooking. And hence all the restaurants ran by him and all the shows we can see him on.
Gordon Ramsay Net Worth?
This absolutely angry and lovable chef is worth $175 million, putting him up there with the high net worth individuals. As of 2016, he came in at number 34 on Forbe’s list of the highest-paid celebrities- right beside Beyonce and above Kim Kardashian. Can anyone say, “Wow!” That is pretty incredible. In 2017, he moved up eight spots and he is still going strong. Gordon Ramsay net worth is now $190 million and it is continually growing.
How Did That Happen?
For we mere mortals, it would be wonderful to know how he got there. I can tell you one thing: he found what worked and went full speed ahead with it. He is a gifted chef and a well-loved TV personality, and he put those things to work for him.
You have probably heard that the wealthy are those who make money work for them instead of working for money. I absolutely believe that is true, but I believe there is another part to that- the wealthy also put their gifts and talents to work for them. I think I might just take a leap onto that train- how about you?
Until then, let’s learn what we can from our pal Gordon. For years, he has put those talents to work, so he can rake in the big bucks, and he shows no sign of slowing down. He could, in fact, retire at this point a very wealthy man and live his days out in peace. Instead, he continues to open new restaurants. In fact, his most recent one in Vegas actually had 12,000 bookings within days of opening. That is crazy! Whether it is because of his food or his personality, who knows, but does it really matter? It is impressive, regardless.
To get a grasp of how Gordon Ramsay net worth grew to be what it is today, you need to know that it was definitely not easy. Gordon built his reputation by working in popular restaurants and doing an amazing job. Finally, he became an even bigger name than all the places he worked in.
He went from London to France and work alongside some of the biggest names in the culinary industry. With all the experience he gained, he managed to open and manage successful restaurants all over the world. Besides running a restaurant chain, he appeared in Faking It (2011), a TV show. He then continued as a producer of MasterChef, a US version, and he was an infamous judge there.
What made him especially popular and probably had a huge impact on his biggest net worth are the reality shows he participated in. You definitely heard about The F Word, the Hell’s Kitchen and the Kitchen Nightmares. Not only are these shows extremely intense and well-produced, but Ramsay also got to show his entire personality.
How Do You Compare to Gordon Ramsay Net Worth?
If I got you to dream a little with me a moment ago, I am probably going to ruin that now. I’m sorry. It is not something I want to do but to get to where we want to be we have to know where we are now. So, how does your net worth compare to Gordon Ramsay net worth? Probably not very well. It’s okay though- there is no shame in the game. There are few of us could even pretend to come close to Gordon Ramsay net worth at this time, but that does not mean we cannot move in that direction.
How to Calculate Your Net Worth
If you currently have no clue what your net worth is, fear not. I am going to show you how to figure it out. It is actually a very simple three step process:
1. Calculate Your Assets- this is the value of the things you own such as property, investments and saving. While cars and homes are the first property you probably think of, you can include anything that has value, such as art work, businesses, even Barbie dolls and Beanie babies (if any of those ever actually became valuable. If they did, I missed the memo.)
2. Calculate Your Liabilities- these are your debts, your monthly expenses, basically your outgoing money (and what should be going out to pay off debt).
3. Subtract your liabilities from your assets and the answer is your net worth. Do not fear if your net worth is a negative number- you are not alone.
And there you have it, boys and girls- your net worth.
It is easy to feel hopeless and overwhelmed when a financial picture is dark and scary. And it can be difficult to know what steps to take, especially when none of them seem like they will make a big difference. Remember, though, that even Gordon Ramsay and Beyonce started somewhere, so take a breath and one step at a time. With patience and diligence, you can reach your net worth goal.