It’s common to hear about success stories, powerful businessmen who built their wealth from scratch. Some stories are admittedly sprinkled with a bit of exaggeration or falsehood. Dean Graziosi’s story is not one of them.
In this post, we will review some key parts of Dean Graziosi’s net worth and how it was built up, his childhood, and first steps into the industry. We’ll also explore some of the advice he has given to his broad audience and give examples of how you can achieve them to help you start your own business or make money online.
Who Is Dean Graziosi?
Dean Graziosi is a man who forged his own path with the few resources available to him when he first began his journey as a businessman. Today, Dean is renowned for:
- Entrepreneurship skills.
- Real state influences and investment.
- Teachings.
Dean Graziosi was born in the late sixties in New York City. Despite his current successes, his early life wasn’t an easy one. His parents divorced when he was quite young, and he had to deal with his father’s anger issues. After the latter quit working, Dean had to step up and take care of the auto mechanic and garage store all by himself.
While his career took off, so did his personal life. First married to his wife, Jonelle Ward, with whom he had two children. However, they divorced, and he’s currently married to Lisa Palacios, a renowned entrepreneur in her own right.
What is Dean Graziosi’s Net Worth?
As of 2024, Dean Graziosi is sitting comfortably with a net worth of around $55 million. Like many successful entrepreneurs, Dean’s enormous wealth doesn’t come from just one source, he’s built a diverse portfolio that extends across different industries.
To help you understand Dean’s success, let’s take a look at Dean’s net worth in 2020, which was around $45 million. So, what happened? His wealth took a big jump, partly thanks to the appreciation of his assets.
- Example: In 2021, he sold his massive 15,000 square foot villa in Paradise Valley. He originally bought it for about $7 million and later sold it for a total of $14 million, adding this large number to his already impressive net worth.
How Did Dean Graziosi Build His Empire?
Dean Graziosi’s journey to building a multimillion-dollar empire is a story of persistence, smart decisions, and continuous growth. But how did he achieve this impressive feat? The answer: brick by brick. Let’s break it down:
1. Starting with Flipping Cars
Dean Graziosi didn’t jump straight into real estate; he started small by flipping cars. He would buy old, beat-up vehicles, fix them up, and then sell them for a profit. This early hustle not only brought in money but also gave Dean the exposure he needed, even landing him on infomercials with his system called “Motor Millions”.
If you want to learn more about the car industry and explore ways you can make money in it, check our article on: What Makes More Money: Car detailing or Car mechanics?
2. Success in the Real Estate Market
With the profits from his car flipping days, Dean Graziosi saw an opportunity in real estate—a market where the real money was to be made. He decided to invest his car-flipping earnings into a couple of properties. This decision turned out to be a game-changer.
Dean was so successful in real estate that he started writing books to share his knowledge. Some of these are:
- Totally Fulfilled: Published in 2006, it was Dean’s first book and became wildly successful.
- Be a Real Estate Millionaire: Published a year later, this book established him as a leading real estate educator.
- Profit From Real Estate Right Now: Two years after his second book (2009), Dean published his third, which was also featured by USA Today.
Through these opportunities, Dean didn’t just build wealth; he created habits that prioritized financial success and growth, increasing his net worth. His success in real estate is one of the main pillars of his fortune today.
If you’re in the real estate market but want to explore more money-making options, check out Top 15 Side Jobs for Real Estate Agents and learn some essential tips.
3. Breaking into the “Knowledge” Industry
Dean Graziosi didn’t stop at real estate or simply writing books about his experiences in the industry. Long before online courses became popular, he was already in the game of selling knowledge.
His late-night infomercials were all about teaching people how to make money the “Dean Graziosi Way.” One of his signature techniques was Wholesaling, which he called the “Art of the No Money Down Deal.” This was an eye-catching approach to real estate that required little to no upfront investment.
One of his most notable collaborations is with Tony Robbins, a longtime friend, on the Knowledge Broker Blueprint, a program that teaches people how to monetize their skills. It’s essentially a course on creating courses—a concept that has proven incredibly successful.
What are Dean Graziosi’s “Quick Hacks”?
Dean Graziosi has shared with millions of people dozens of different pieces of advice, all equally effective and insightful. However, we want to focus on Dean’s “quick hacks”, as he calls them in his book Millionaire Success Habits. Let’s take a look at some of these advices:
1. Take Creative Time Daily
Dean motivates his readers to set aside a bit of their time just for creative thinking. No emails, no to-do lists, just pure, unfiltered brainstorming. Dean claims he does this every day, which allows him to stay innovative and keep his ideas flowing. It’s a simple habit, but it makes a big difference.
- How To Do It: Set 20 to 30 minutes each day for creative work. Set aside your laptop or any other type of device near you. Think of all the ideas and possibilities you have imagined the last couple of days and how you could build on them.
2. Pay Attention to Other Jobs for Gratitude
Dean believes that gratitude is key to staying grounded. One way he practices this is by observing others at work, whether they’re doing something simple or complex. This helps him appreciate the hard work of others and keeps him thankful for his own journey.
- How To Do It: Stop in your tracks and take a moment to appreciate other people’s hard work. For example, appreciate the hard jobs of people in construction sites during the oppressive heat of summer.
3. Stash Cash
Regardless of your income, it’s always important to set up a portion of your earnings, Dean advises. Whether it’s $50 or $500, building a savings cushion is helpful to build peace of mind.
If you have no savings, you’re always going to worry about your future, even if only subconsciously, feelings and thoughts which would keep growing until you become stressed and worried non-stop about your financial future.
- How To Do It: Calculate a percentage of money based on your current income and set aside a number, it can be 10%, 15% or 20% of it. The point here is to build a habit each month by setting aside a portion of your earnings each month, gradually building your savings.
3. Spoil Yourself Randomly
Treat yourself—wisely, of course. In his book, Dean suggests saving money on things that don’t matter much so you can spend your money on what truly brings you joy. For example, buying multiple pairs of shoes or brand-new vehicles each time you have a bit of money.
- How To Do It: Think about the ways you can treat yourself, and that will help you as well. For example, spend more on organic and fresh food, avoiding ultra processed foods. This way, you can enjoy the fruits of your hard work without feeling guilty or stressed.
3. Invest in Yourself
Dean emphasizes that people should not stop learning new skills and expanding their knowledge in multiple fields, in other words, lifelong learning. More knowledge will transform your life experiences into wisdom, providing the insight and guidance needed to reach the next level.
- How To Do It: Save time and money to grow new skills, whether it’s signing up for seminars or reading books. Websites such as Skillshare, Coursera, EdX and Udemy are excellent sources.
4. Think Solution, Not Problem
Problems, whether you might be your definition of them, are common things in your everyday life. Dean Graziosi encourages people to focus on finding solutions instead of wasting time on the problem. This mindset shift allows you to take action quickly and effectively, keeping you moving forward no matter what.
- How To Do It: Developing a mindset capable of searching through solutions is not easy, and it takes time. The first step is to avoid spending too much time on the consequences and more time on possible solutions and which actions led to the current situation, as well as how to avoid making the same mistakes.
Learn From Dean Graziosi’s Net Worth and Grow Your Mindset
Dean Graziosi is one of many examples of courage and strong will, with a mindset capable of overcoming challenges repeatedly. A big part of his empire was built by giving himself permission to be creative, working hard for it, and making smart decisions. That’s why learning from other people’s success stories can be an inspiring experience and a great first step.
Today, life leaves you with multiple opportunities, chances to build real-world businesses or even online choices. Sometimes it’s not about the type of business we choose, but the strategy used to reach the top. If you are interested, you can learn more about how to start your online business.
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Frequently Asked Questions (FAQ) About Dean Graziosi’s Net Worth
Who is Dean Graziosi?
Dean Graziosi is a multimillionaire from New York who built his empire from scratch. Starting in the auto industry, he first took charge of his father’s car mechanic garage, where he began his business by selling restored cars. By reinvesting the profits from his car sales, he gradually expanded into the real estate sector and eventually became a teaching guru.
What Is Dean Graziosi’s Net Worth?
As of 2024, Dean Graziosi has built up a massive wealth that is equal to $55 million. His wealth continues to grow rapidly each year, thanks to his investments in real estate and his sales of courses and books online.
Which Books Has Dean Graziosi Written?
Dean published his first book back in 2006, titled Totally Fulfilled. Following the success of this one, he released a series of books focused on how to grow and multiply your wealth. His most recent success is his book titled Millionaire Success Habits: The Gateway to Wealth & Prosperity.
Photos via Pexels.
