Phil Town Net Worth – $20 million
What is Phil Town’s net worth? Who is Phil Town’s wife?
Introduction
Phil Town is an American author, hedge fund manager, YouTuber, motivational speaker, and investor, who co-hosts InvestED: The Rule #1 Podcast with his daughter Danielle Town.
Biography
He was born on September 21, 1948, as Philip Bradley Town.
In 1966, he graduated from Newport High School.
After high school, Town earned his Bachelor of Arts degree in philosophy from the University of California, San Diego.
Later, he served in the US Army for three and a half years.
”I wanted to be a soldier since I was a kid, so I went in the Army and eventually was awarded the famous Green Beret and joined Special Forces,” Phil told Personal Branding Blog.
After returning home from Vietnam, Town landed a job as a white-water guide in the Grand Canyon. At the time, he was making $4,000 a year.
Catherine Crier and Phil Town – @Getty
In 1980, he saved the life of a wealthy investor who then took him under his wing. Town started investing, and in five years, he was a millionaire. He turned $1,000 into $1.45 million.
”Investing can be as easy as knowing how to shop around and find something great for an even better price,” he said for CNBC.
Rule #1
In 2006, Town published his first book, titled – ”Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!.”
”In this book, I’ll show you how I turned $1,000 into $1 million in only five years, and then proceeded to make many millions more,” the book’s inside flap says.
Town also said that Rule #1 ”comes down to buying stocks in a wonderful business you know something about at an attractive price.”
@Getty
Arthur Levitt, former Chairman of the Securities and Exchange Commission, said about the book: ”Follow Town’s simple, time-tested precepts, and even unsophisticated investors will leave most mutual fund managers in the dust.”
In March 2010, Phil released the book – ”Payback Time: Making Big Money Is the Best Revenge!.” In the book, Town describes methods to identify and value what he terms “wonderful companies” as well as the strategy of “stockpiling.”
On June 27, 2014, Phil started his YouTube channel, Phil Town’s Rule #1 Investing.
In 2015, Town and his daughter started a weekly podcast called – ”InvestED.”
Wife
Phil Town is married to Melissa Town.
The two host the Transformational Investing Webinar.
READ MORE: Josh Gates & Hallie Gnatovich
Children
The couple has a daughter, Danielle Town.
Danielle earned her law degree from New York University.
In March 2018, she released the book ”Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life.”
Height
6′ 2″ (1.88 m)
Quotes
Phil Town, Gay Bryant, Campbell Brown, Maria Bartiromo, and Joe Guerriero – @Getty
”If you want to start saving up in order to buy a house, investing is a great way to get you there.”
”Once you stop needing to count the days to your next paycheck, it’s time to start really planning out your financial future.”
“What we call a rule one investor you’re going to end up focusing on not losing money that’s such a huge critical focus point and in order to make sure you don’t do that you don’t want to buy into things when they’re too pricey or you don’t understand them.”
”There is a BIG difference between options trading and investing.”
”If you begin putting aside $5,000 per year in your thirties, you can expect to generate around $1 million by the time you retire at age 65.”
READ MORE: Donal Skehan Net Worth
Trivia
Town appeared on I Married a Princess, The Mike Koenigs Show, and On the Money.
He has shared stages with Steve Jobs, Colin Powell, and Bill Clinton.
Phil Town – Net Worth 2024
So, how much is Phil Town worth? Town earned most of his wealth from working as a hedge fund manager, investing, and selling copies of his books. Therefore, American investor Phil Town has an estimated net worth of $20 million.
He co-hosts the podcast “InvestED” with his daughter.
During the podcast, Phil and Danielle Town provide investing tips and stock market education to listeners.
Phil makes a good amount of money from his motivational talks as well. Every year Town speaks to over 500,000 people.
”By the end of a Payback Time Workshop, every attendee should understand that is it not necessary to invest in high load mutual funds, and that it’s possible for them to learn how to manage their own investments,” Town said.
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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.
Mona
Wednesday 18th of August 2021
How much of Phil Town wealth is due to selling his books, talks etc,aside from personal stock investing? Is it too late to start to learn and see substantial results on stock investments if you are 80?. Are most all his teaching courses in U-Tub? or do i need to pay the 300 dollars for his course. Thank you much My best to you, bless