Dave Ramsey revealed he only owns 1% of Ramsey Solutions, with the rest belonging to his children’s trust. The company, focused on personal finance, operates based on God’s principles. Ramsey warned against burdening future generations with debt and emphasized building wealth responsibly.
Ramsey Solutions, based in Tennessee, generated $300 million in revenue last year. The company employs over 1,000 people, produces various financial content, and operates on a values-based approach. Ramsey advised a small business owner on buying out his parents’ share without taking on debt, stressing clear communication and financial responsibility.
Ramsey’s ownership structure was designed with long-term legacy in mind, ensuring Sharon has separate wealth. He commended the family’s maturity and suggested using profits to buy out shares. For professionals seeking financial planning guidance, services like Domain Money offer personalized strategies for households earning over $100,000 annually.
Ramsey’s advice to the small business owner emphasized the importance of clear communication and financial responsibility. He challenged the company’s valuation and suggested a structured plan to buy out the parents’ share without incurring debt. Ramsey praised the family for their mature approach to financial matters.
Read more at Yahoo Finance: Dave Ramsey Says He Owns Only 1% Of His Company, Ramsey Solutions. ‘The Company Itself Has Been Operated For God’
