
Ed Mylett
Net Worth: | $450 Million |
Birthday: | Apr 27, 1971 |
Age: | 51 years old |
Height: | 5.9 feet (180cm) |
Birthplace: | United States of America |
Occupation: | Author, Motivational speaker, Entrepreneur, Podcaster |
@edmylett | |
Last Updated: | March, 2023 |
Ed Mylett is a highly successful business personality, author and motivational speaker. He tried various ventures before finally becoming a part of WFG, where he quickly climbed the ladder of success through his talent and hard work. Today Ed is considered as one of the richest entrepreneurs with a net worth of 450 million dollars according to Forbes. Apart from his work at WFG, he earns his wealth from the sale of his books, the events he attends as a speaker and his podcasts. All these ventures together bring him an annual income of $40 million.
How Did Ed Mylett Become Rich?
Ed Mylett was born on April 27, 1971, in California, USA. He was still a child when his family shifted to Diamond Bar, where he grew up with three sisters. Ed completed his early schooling at a local school and then enrolled himself in Pacific University to complete his graduation in Communication. Ed comes from a financially stable family as his father was a successful engineer but at the same time, his father was an alcohol addict. This made life tough for him as a child and teenager.
Ed was a baseball player and an excellent one at that and initially wanted to be a professional athlete but he was severely injured during an accident once due to which he could never play baseball again. This news shattered Ed and he fall into depression and struggled with it for a year more.
During this time his father started to get sober and helped him get a job at McKinley, which was a campus housing many boys who were orphans or survivors of molestation and abuse. Coming from a dysfunctional family himself, Ed found it easy to understand and love these boys and he became the youth counselor of them.
It was then that Ed decided to start a small business and provide help to people who needed it. He also started to take up many part-time jobs to earn enough money to help others.
In 1992, Ed got the breakthrough of his career as he was offered an opportunity at the World Financial Group (WFG), which is a financial planning company. With Ed’s great leadership skills and knowledge of entrepreneurship, he was able to quickly climb the ladder of success and became one of the most important leaders of the company. In 2009, he attained the highest post and became The Director of Field Leadership. This also opened doors of high income to him, by the time he was thirty, he was earning in seven figures, he currently earns in nine figures.
After becoming one of the most successful entrepreneurs, Ed also started to make his presence on social media platforms. He started making YouTube videos giving out inspirational life lessons. Today, he has also become a social media star with millions of followers. Furthermore, he hosts a podcast, The Ed Mylett Show, where he interviews many entrepreneurs and other successful personalities who have built their careers with hard work. Ed is a highly successful global motivational speaker as well. He is highly appreciated by his audience for his oratory. Ed has also written a best-selling book entitled #Max Out your life: Strategies For Becoming an Elite Performer, through which he has tried to help people to be a winner in life.
Ed currently has a net worth of $450 million coming from his business, the sales of his books and the speeches he delivers as a motivational speaker. His social media and his podcast further boost his income. He is one of the wealthiest entrepreneurs currently.
What Is Ed Mylett Net Worth?
Ed Mylett is one of the most successful and wealthiest entrepreneurs out there. As of 2023, he has a calculated net worth of $450 million. He has earned his wealth from his successful career as a speaker, author and his position at the World Financial Group. He also has other business ventures that bring in a good income, like his podcast and the business consultancy he provides to his clients. It is estimated that his annual income is approximately $40 million.
How Ed Mylett Spends His Money?
Ed enjoys the kind of lifestyle that one with his wealth will. He owns three extravagant houses in different parts of the USA. All his houses are not only grand in size but also in the luxuries they offer, Ed has fully furnished and beautifully designed houses one of which is his famous 6,200 square feet Laguna Beach-front home.
In 2020 he purchased a golf club estate of 2 acres in LA Quinta, he paid $11.75 million for this property. Apart from this, he also owns three jets and several luxurious cars like Ferrari.
Furthermore, Ed is a philanthropist, associated with many charitable organizations like the Make-A-Wish Foundation of America, the National Leadership Foundation and the All for One Foundation. Since the very start of his career, Ed has always tried to help and give to people who needed it.
Interesting Facts
- Ed Mylett married Kristianna Mylett, his high school sweetheart. They both dated for a decade before tying the knot in 1997. The couple has two children together.
- Ed loves to play golf and regularly takes out time from his busy schedule to play.
- Along with being an author, Ed is also an avid reader.
- Ed was so excellent a baseball player that he received many American Nominations when he used to play baseball.