Suze Orman facts for kids
Quick facts for kids
Suze Orman
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Orman in 2010
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| Born | June 5, 1951 |
| Education | University of Illinois at Urbana–Champaign (BA) |
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| Known for | The Suze Orman Show |
| Spouse(s) |
Kathy Travis
(m. 2010) |
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Susan Lynn "Suze" Orman (born June 5, 1951) is a famous American financial advisor, author, and podcast host. A financial advisor is an expert who helps people manage their money. In 1987, she started her own company, the Suze Orman Financial Group.
Suze Orman is best known for her popular TV program, The Suze Orman Show, which was on the CNBC channel from 2002 to 2015. She has also written ten bestselling books about personal finance, which means they were very popular and sold many copies. For her work, she has been named one of the world's most influential people twice by Time magazine. She has also won many awards, including two Emmy Awards.
Orman has hosted nine TV specials for PBS and has been a guest on many other shows. She appeared on The Oprah Winfrey Show about 29 times. Today, she hosts a popular podcast called Suze Orman's Women & Money Podcast.
Contents
Early Life and School
Suze Orman was born on the South Side of Chicago on June 5, 1951. Her parents were Jewish, with family roots in Russia and Romania. Her mother was a secretary, and her father worked in a chicken factory and ran a small food shop called Morry's Deli.
She went to the University of Illinois Urbana-Champaign and graduated in 1976 with a degree in social work. Later in her life, the university gave her an honorary doctorate, which is a special award to honor her achievements.
Career Journey
Starting in Finance
After college, Orman moved to Berkeley, California, and worked as a waitress. In 1980, she wanted to open her own restaurant and borrowed $52,000 from her friends. Since she was new to investing, she gave the money to a professional at a company called Merrill Lynch to invest for her.
Unfortunately, the broker put her money into a very risky type of investment, and she lost it all. Orman decided to learn about finance herself so this wouldn't happen again. She got a job at Merrill Lynch and trained to become an investment expert. There, she learned that the investment her first broker chose was not right for someone in her situation. After her training, she worked at Merrill Lynch until 1983. Then, she moved to another company called Prudential Securities.
In 1987, Orman started her own company, the Suze Orman Financial Group, in Emeryville, California. She ran the company until 1997.
Becoming a Famous Author and TV Host
Orman has written many books about how to manage money. Some of her most famous books include The 9 Steps to Financial Freedom (1997), The Money Book for the Young Fabulous and Broke (2005), and Women & Money (2007). She even wrote a children's book in 2017 called The Adventures of Billy & Penny.
Her TV show, The Suze Orman Show, started on CNBC in 2002 and became very popular. On the show, she gave people advice about saving, investing, and getting out of debt. In 2008, after being on The Oprah Winfrey Show, she offered her book Women and Money for free online, and nearly two million people downloaded it.
Orman has also written advice columns for O, The Oprah Magazine and other publications.
What Suze Orman is Doing Now
The final episode of The Suze Orman Show was in March 2015. After her show ended, she continued to help people with their finances. In 2016, she became a personal finance teacher for the United States Army and Army Reserve.
In 2018, she began working with the National Domestic Violence Hotline to raise awareness about financial abuse, which is when someone controls another person's money to harm them.
Today, Suze hosts a podcast called Suze Orman's Women & Money Podcast, which comes out twice a week. In 2020, she also co-founded a company called SecureSave. This company helps employees save money for emergencies.
Personal Life
Suze Orman married Kathy Travis, also known as KT, in 2010. KT is also her business partner.
In 2008, Orman gave money to the Democratic Party. In an interview that year, she said she supported the ideas of the Democratic Party and Barack Obama.
