Suze Orman

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Suze Orman
5.3.10SuzeOrmanByDavidShankbone.jpg
Orman at the Time 100 Gala, May 4, 2010.
BornSusan Lynn Orman
Chicago, Illinois
ResidenceFlorida, New York City, and San Francisco[1]
NationalityAmerican
EducationBachelor of Arts in social work Honorary Doctorate University of Illinois, Honorary Doctorate Bentley University
Alma materUniversity of Illinois at Urbana-Champaign (1976)
Occupationauthor, television personality, motivational speaker
Known forThe Suze Orman Show
Spouse(s)Kathy Travis (m. 2010)[2]
SignatureSuze Orman.png
Website
 
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Suze Orman
5.3.10SuzeOrmanByDavidShankbone.jpg
Orman at the Time 100 Gala, May 4, 2010.
BornSusan Lynn Orman
Chicago, Illinois
ResidenceFlorida, New York City, and San Francisco[1]
NationalityAmerican
EducationBachelor of Arts in social work Honorary Doctorate University of Illinois, Honorary Doctorate Bentley University
Alma materUniversity of Illinois at Urbana-Champaign (1976)
Occupationauthor, television personality, motivational speaker
Known forThe Suze Orman Show
Spouse(s)Kathy Travis (m. 2010)[2]
SignatureSuze Orman.png
Website

Susan Lynn "Suze" Orman (born June 5, 1954) is an American author, financial advisor, motivational speaker, and television host.[3] Orman was born in Chicago and received her B.A. in social work. She worked as a financial advisor for Merrill Lynch. In 1983 she became the vice-president of investments at Prudential Bache Securities and in 1987 founded the Suze Orman Financial Group. Her program The Suze Orman Show began airing on CNBC in 2002. In 2006 she won a Gracie Award for Outstanding Program Host on the The Suze Orman Show on CNBC.[4] She has written several books on the topic of personal finance.

Early life and education[edit]

Orman was born on the South Side of Chicago, Illinois, in 1954. She grew up in a Jewish family.[clarification needed] Her mother worked as a secretary for a local rabbi, while her Russian immigrant father worked in a chicken factory[5][6][7][7][8] and managed a delicatessen in Hyde Park.[9][10][11]

She attended the University of Illinois at Urbana-Champaign and received a B.A. in social work in 1976.[12] In 2009, Orman received an honorary doctorate of humane letters from the University of Illinois at Urbana-Champaign.[12]

Career[edit]

After finishing school, Orman moved to Berkeley, California, and worked as a waitress. In 1980, she borrowed $52,000 from friends and well wishers to open a restaurant.[13][14][15][16] Later, Orman trained as an account executive for Merrill Lynch. She simultaneously and successfully sued Merrill Lynch for a prior investment loss of $50,000.[citation needed] After completing her training with Merrill Lynch, she remained at the firm until 1983 when she left to become vice-president of investments at Prudential Bache Securities.

In 1987, Orman resigned from Prudential and founded the Suze Orman Financial Group, in Emeryville, California. She was director of the firm until 1997.[15] Orman published three books between 1997 and 1999: The 9 Steps to Financial Freedom (1997), You Earned it Don't Lose it (1999), and The Courage to be Rich (1999). Other books by Orman include: The Road to Wealth (2001) and The Laws of Money, The Lessons of Life (2003).[17] The Suze Orman Show began airing on CNBC in 2002.[citation needed] In February 2008, Orman gave away copies of her book Women and Money for free following an appearance on The Oprah Winfrey Show, generating almost two million downloads.[18] Orman has been featured on the Food Network's Paula's Party.[citation needed] In January 2011, Orman appeared on the TV show, "Oprah's Allstars".[citation needed] In January 2012, Orman's six-episode TV series America's Money Class with Suze Orman premiered on OWN: Oprah Winfrey Network.[19]

Orman writes a financial advice column for O.[20] She is the former author of Yahoo!'s "Money Matters" and has written for the Costco Connection magazine.[citation needed] She is also a contributor to The Philadelphia Inquirer, Lowes MoneyWorks, and Your Business at Home Magazine.[21][22] Orman has written, co-produced, and hosted seven PBS specials based on her books.[citation needed]

Personal life[edit]

In February 2007, Orman said that her sexual orientation is lesbian.[23][24][25] Orman lives in California and Florida.

In 2008, Orman donated money to the Democratic Party[26][27] and in an interview with Larry King in 2008 said she favors the policies of the Democratic Party and Barack Obama.[28]

In an April 2008 online interview with The Young Turks, Orman said that her net worth was more than US $10 million.[29]

Bibliography[edit]

Books[edit]

Multimedia[edit]

Orman is also creator of a number of non-book products, primarily CD-ROM-based services that offer education and various financial services usually in conjunction with her books and writings.

References[edit]

  1. ^ Q&A with personal finance guru Suze Orman, San Francisco Chronicle, 25 October 2008
  2. ^ http://lifestyle.inquirer.net/36441/helping-people-who-can-take-care-of-themselves-is-not-helping-the-philippines
  3. ^ Pronunciation of Suze Orman. inogolo. Retrieved 2008-04-03.
  4. ^ Ann Curry, Dateline wins Gracie Allen awards, msnbc.com, 2006-03-02
  5. ^ Dominus, Susan (2009-05-17). "Suze Orman Is Having a Moment". The New York Times. 
  6. ^ "If you knew Suze…". Kiplinger's Personal Finance Magazine. 1998. 
  7. ^ a b "Suze Orman’s Spiritual Side –". Forward.com. Retrieved 2012-06-16. 
  8. ^ "News - Suze Orman". The Jewish Journal. Retrieved 2007-11-01. 
  9. ^ Cantor, Danielle. "Successful Women: Suze Orman". Jewish Woman (Jewish Women International) (Fall 2004). Archived from the original on 2008-09-23. Retrieved 2007-05-30. 
  10. ^ Bloom, Nate (2004-06-11). "Celebrity Jews: Briefly noted". j. (San Francisco Jewish Community Publications Inc.). Retrieved 2007-05-30. 
  11. ^ Iwata, Edward (1999-05-04). "Personal finance guru Suze Orman is keepin' it real despite her astounding success". San Francisco Chronicle. Retrieved 2007-05-30. 
  12. ^ a b Post to Wall. "Suze Orman receives honorary degree, addresses University graduates.". Dailyillini.com. Retrieved 2012-06-16. 
  13. ^ "History from Orman's website". Suzeorman.com. Retrieved 2012-06-16. 
  14. ^ Women & money: owning the power to control your destiny Suze Orman, pgs. 27-8; Random House, Inc., 2007; ISBN 0-385-51931-1, ISBN 978-0-385-51931-1.
  15. ^ a b Andriani, Lynn (2003-02-24). "The Dollars and Sense of Suze Orman". Publishers Weekly. Archived from the original on 2008-09-20. Retrieved 2008-01-25. 
  16. ^ Orman, Suze (2008-06-05). Women and Money (TV-program). PBS pledge programming: PBS. 
  17. ^ Unknown author Suze Orman World Cat, accessed 2013-01-06
  18. ^ Dominus, Susan (2009-05-17). "Suze Orman Is Having a Moment". The New York Times. 
  19. ^ "America's Money Class with Suze Orman". channelguidemag.com. 2012-01-09.
  20. ^ Orman, Suze (Jan 6, 2010) Easy Money CNN, accessed Jan 17, 2013
  21. ^ Orman, Suze. "Moving Past Fear and Toward Success.", Your Business at Home Magazine, Volume 3, Issue 1, January 2008, p. 36
  22. ^ "Internationally Acclaimed Personal Finance Expert; Host of CNBC's, The Suze Orman Show". KeySpeakers.com. 
  23. ^ Lo, Malinda. "Suze Orman Comes Out". AfterEllen.com. 2007-02-25.
  24. ^ Money maven Suze Orman comes out, The Advocate, 2007-02-23.
  25. ^ "Your New American Dream". Suze Orman Show (CNBC). 2011-01-22. 
  26. ^ "NEWSMEAT ▷ Suze Orman's Federal Campaign Contribution Report". Newsmeat.com. Retrieved 2012-06-16. 
  27. ^ http://www.newsmeat.com/fec/bystate_detail.php?st=PA&last=Orman&first=Suze
  28. ^ "Larry King Live" (transcript). CNN. 2008-01-02. 
  29. ^ "She's So Money" by Deborah Solomon, Sunday New York Times magazine; 2007-02-25. Despite her rallying cry to "buy term and invest the rest" Orman owns significant amounts of permanent insurance (mostly whole life) for estate planning purposes and because 2008 taught us that guarantees are an important part of constructing a portfolio. She has never come out and said so because she fears it would damage her reputation as a financial advisor and TV guru after villainizing permanent insurance and the people who sell it.

External links[edit]