What is Kevin Paffrath’s net worth?
Kevin Paffrath, aka Meet Kevin, is an American YouTuber, investor, and real estate broker who has a net worth of $30 million. He ran in the 2021 California gubernatorial recall election.
He was born on January 28, 1992, in Germany.
His parents moved to the US when he was 18 months old.
Kevin’s parents divorced when he was 6.
He wanted to pursue a career in law enforcement as a teenager.
In 2010, Kevin got his real estate license. He entered into real estate with the help of his wife’s father.
YouTube
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On September 21, 2010, Paffrath started his YouTube channel – “Meet Kevin.”
Graham Stephan first suggested to Kevin to monetize his YouTube channel.
In 2014, Paffrath earned a bachelor’s degree from UCLA.
In 2018, he was sued by personal finance media company Ramsey Solutions, a company founded by Dave Ramsey, for disparaging the company in YouTube videos, stealing trade secrets, and breach of contract.
The lawsuit was settled in 2019, with Ramsey Solutions lawyers allowed to review Kevin’s financial records. Also, the unflattering videos about Ramsey are no longer on YouTube.
Campaign for California governor
In 2021, Paffrath ran to be California’s next governor to replace Gavin Newsom. “I’m JFK-style Democrat,” Paffrath described himself.
Other prominent candidates who campaigned to replace Newsom included Larry Elder, Kevin Faulconer, and John Cox.
“Larry Elder is not going to get anything done,” Paffrath said.
Kevin has made homelessness his top priority. Paffrath said he wanted to end homelessness in two months by tasking the National Guard with building emergency facilities, “each capable of housing 2,000 individuals.”
Other priorities included education and water shortage.
He proposed that students over the age of 18 at Future Schools be given $2K per month.
“I will work with the legislature to make sure we finally teach financial education in our schools,” he said in an interview on KPIX CBS SF Bay Area.
“My top priority in education is teaching practical skills,” Paffrath explained for The San Diego Union-Tribune.
During the campaign, he put up several campaign billboards throughout Texas with the slogan “Send Californians back to California.”
In the end, voters have decided not to recall Gov. Gavin Newsom.
Wife
Kevin Paffrath is married to Lauren Paffrath. “Lauren – an amazing mom, epic wife, and a super-fun partner of 11 years now,” he wrote on his Instagram in 2019.
Lauren is the property manager for The Paffrath Organization. She started managing properties professionally at 18.
“I met Lauren, my wife now, in Paris when I was 16 years old,” Paffrath told Jordan Belfort while on the podcast The Wolf of Wall Street.
He added: “She’s from Ventura, California, and I was living in South Florida, so we meet in Paris on a school trip, ten days. We met on the first day, April 1st, 2008, and you know everybody thinks of jokes because when I bring that up, it’s like you guys are kidding, right, but anyway, we met there, and we were long-distance for a year.”
Children
The couple has two sons, Jack and Max.
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Net Worth
So, how much is Kevin Paffrath worth? Paffrath accrued most of his wealth from real estate, YouTube, and selling online courses on Teachable. Therefore, Kevin Paffrath has an estimated net worth of $30 million.
In 2012, Paffrath and his wife bought their first house for $305,000.
In 2020, he earned over $6 million from affiliate programs, real estate, and ads on YouTube.
In May 2021, it was reported that Kevin and Lauren owned 22 properties.
In August 2021, Kevin told CNBC that his ad revenue on YouTube passed $3.5 million over the last year.
In the same year, Paffrath said that his net worth was “around $15 to $20 million.” He also said that “everybody should be incentivized to focus on building wealth.”
In January 2022, Kevin revealed in a YouTube video that he had almost wholly liquidated his $20 million stock and cryptocurrency holdings since markets had not yet hit “peak fear.”
“To be extremely clear, this is a massive trade and highly risky this is not financial advice,” Paffrath added.
“I will be back in the market very soon, but I’m waiting for the proper catalyst to return, and if you’re not actively engaged with the market on a regular basis like I am literally all day every day, eight hours a day passive investing is probably best; if you’re more of an active trader buckle up ultimately though the choice is yours.”
In August 2022, he filed papers with SEC to launch three ETFs called:
- the Meet Kevin Moderate ETF;
- the Meet Kevin Select ETF;
- the Meet Kevin All In ETF.
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I am Bulgarea Candin Stefan, and I founded FamousPeopleToday.com in 2018. I’m using my bachelor’s degree in economics and 9 years of experience in blogging to guide millions of people through the incredibly complex world of celebrity net worths.