| Suze
Orman is a bestselling
author on personal finance, a financial
advisor, and television personality who
has given thousands of speeches and talks
both on and off television on the subject
of credit, investments and banking. She
has amassed a large following due to her
own investment success and easy-to-follow
financial strategies designed for average
individuals.
Susan
Lynn Orman was born on June 5, 1951 in
Chicago, Illinois to parents of Russian-Jewish
heritage. In her youth, Suze had difficulty
forming words, leading to challenges with
reading and writing. Despite her scholastic
struggles, Suze graduated from public
high school and was accepted into the
University of Illinois at Urbana-Champaign.
She worked as a dishwasher in the campus
cafeteria to help pay her bills.
Orman
studied for a degree in social work but
failed to complete her requirements, missing
a class in foreign language. Instead of
staying to finish, Suze Orman and some
friends packed a van and moved out to
Berkeley, California in 1973. She became
a waitress at the Buttercup Bakery, during
which time she completed her degree by
taking a Spanish class at Hayward State
University and was awarded her diploma
from the University of Illinois in 1976.
She
stayed at the Bakery and dreamt of opening
her own restaurant. A sympathetic customer
loaned Orman $50,000 to help her start
her own business and Orman invested the
money with the brokerage firm Merrill
Lynch in order to start the process. Within
three months the broker with whom Suze
Orman had opened her account had lost
all her assets in a falling market and
Orman was once again broke. She needed
to pay off the loan but knew it was impossible
with her job at the Bakery.
Convinced
she could work as a stock broker, Suze
Orman applied for a job at Merrill Lynch.
Although her supervisor was reluctant
to hire her, she got the job and began
studying finances. She eventually sued
Merrill Lynch for the lost $50,000 which,
unbeknownst to her, prevented them from
firing her as a broker. They settled the
suit, allowing Orman to pay back her customer.
Despite the conflict, Orman continued
to work for Merrill Lynch and became a
successful stock broker.
She
left the firm in 1983 and took the position
of Vice President of Investments at Prudential
Bache Securities. Four years later Suze
Orman opened her own firm, the Suze Orman
Financial Group, and resigned from Prudential.
She acted as Director of the firm until
1997 when she decided to focus more on
her writing and speaking career.
Her
most notable books include The 9 Steps
to Financial Freedom, The Courage to Be
Rich, and The Road to Wealth. Orman has
regularly contributed articles to Oprah
Winfrey's magazine, O, Costco Connection,
the Philidelphia Inquirer, and the popular
website Yahoo!.
After
her publishing success, Orman began hosting
a weekly television show on CNBC titled
The Suze Orman Show and another on QVC
titled Suze Orman's Financial Freedom.
She has won two Emmy Awards for her PBS
pledge drives and has appeared on numerous
different talk shows to discuss financial
matters.
This Suze Orman biography may not
be reproduced online.
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