There are always some people who are richer than we expected, right? You hear about their net worth and think, “How are they so rich?” Well, we went through a similar dilemma when we got to know about Kevin Samuels net worth. His net worth is said to be around $4 million, and many people are wondering how he earned so much by being a YouTuber. So, with this article, we are sharing everything you need to know about his net worth and him!
Early Life & Career
Kevin Samuels was born on July 1, 1968, in Oklahoma City, Oklahoma. He went to Millwood High School, where he was known for being good at sports and in the classroom. After high school, Samuels went to the University of Oklahoma to study chemical engineering. He then switched to Oklahoma State University. But in the end, he quit college and went to work in the chemical business.
Kevin Samuels Net Worth?
Kevin Samuels made his money as a media consultant, a lifestyle guide, and a YouTuber. He died in May 2022 at age 53, supposedly from a heart attack. He left behind a $4 million fortune. Kevin’s love of fashion didn’t come out until 2011 when he started working for a company called “The Real Yellow Pages.” He became known as the person who dressed an attorney for an interview to become a judge. We don’t know if she got the job or not, but she was happy with her outfit.
Kevin understood that he could make money from his interests and skills, so in 2013 he started an image consulting business under his own name. Soon, he had more and more clients who cared about how they looked and who wanted help on how to get that job and on love and life. Kevin was happy to help out. Samuels started his own YouTube page in 2013 to give fashion advice and help people who were looking for love.
He has about 1 million Instagram fans and over 1.6 million YouTube subscribers, which is good for his bank account. In 2022, Samuels had a small part in an episode of the TV show “Atlanta.” In the same year, he played a therapist and love coach in a music video for rapper “Future”‘s song “Worst Day.” Brittany Renner, a famous Instagram model, and reality TV stars like Tommie Lee were among the people he talked to.
What Has Kevin Samuels Done With All Of His Money?
It’s not hard to imagine that Samuels spent a good amount of his money on looking good, like on care, stylish clothes, and shoes. He didn’t own his own home, so he paid $2,000 a month to rent an apartment in Atlanta. The apartment is about 915 square feet and has one bedroom and one bathroom. He was weakest when it came to cars. Samuels had a $300,000 Lamborghini Urus, a $30,000 Mini Cooper, a $200,000 Mercedes AMG-G63, a BMW car, and a $200,000 Tesla Model X.
After a short time in the chemical business, Kevin Samuels quickly found that image advice and relationship coaching were his true passions. He then worked as an ad sales worker for The Real Yellow Pages and as a business development manager for Office Depot until 2006, when he started his own successful business.
In 2008, he started working as a lifestyle guide and motivational speaker and opened his own store. In 2017, Samuels became famous all over the country when he was on the BET News show “The Mancave” with Marc Lamont Hill. Two years later, Samuels started his YouTube page. Because he was honest about the dating scene and relationships today, he quickly gained a large following.
His channel was mostly about giving tips to single women who were having trouble with dating. His YouTube movies have a huge number of fans, and his most recent one, “Are Modern Women Doomed?” “A World Without Men?” “Is This the Future?” and “Do Modern Women Want More Than They Deserve?” all got hundreds of thousands of views.
Samuels became a social media influencer very quickly and started making a lot of money from brand integration and other business projects. He also wrote a book and put out a mixtape called “The Godfather of Style.”
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Kevin Samuels had a lot of money because he had a lot of ways to make money. He made money from YouTube ads, selling goods, offering image consulting services, and giving motivating speeches. But the main things that add to his net worth are how popular he is on social media and how quickly his media business is growing.
Compared To Other Well-Known People In Similar Fields
Kevin Samuels was a unique person on social media because of his success as a living coach and relationship expert. Other social media influencers and image consultants also give relationship help, but Samuels stands out because he is honest and doesn’t apologize for it. Also, his estimated net worth was about the same as that of other successful entrepreneurs and people with a lot of power in the industry.
Kevin Samuels’ Death
Kevin Samuels died on May 5, 2022, from problems caused by his high blood pressure. In particular, he passed away due to a heart attack. He passed out and was taken to the hospital, but they couldn’t bring him back to life.
Kevin Samuels was happy to be a member of Kappa Alpha Psi. He was an active member of the group and took part in many events and fundraisers.
Tips to Increase Your Net Worth
At this point, it’s pretty clear that Kevin Samuels net worth is pretty amazing.
1. Having Your Own Main Home
One of the most popular ways for people to significantly raise their net worth is to buy a home. Choose a 15- or 20-year debt term instead of the standard 30-year term. This will allow you to pay it off faster, which will save you a lot of money on interest. As long as you are married and file jointly, you don’t have to pay taxes on capital gains up to $500,000.
If you decide to sell after you pay off your home, you can do so tax-free. For some people, renting might be a better option than buying in some expensive cities, but it depends on how much the cost of having is compared to the total cost of living.
2. A Second Home
When you use short-term rental sites like HomeAway, VRBO, or Airbnb to rent out your second house, you can make money without doing anything. You can use the extra money to help pay off your home faster at first to get rich as Kevin Samuels net worth. Then, once you pay off the debt, you’ll own a valuable asset and be able to rent it out for passive income if you want to. Either way, your net worth will have gone up.
3. Savings For Retirement
Even though retirement might be a long way off, starting to save now can help your overall wealth. Start saving for retirement right now. Accounts that let you put money away tax-free, like a 401(k) or a standard IRA, can help your savings grow faster. This is one of the best ways to achieve a high standard like Kevin Samuels net worth.
Set a goal to put away the maximum amount for retirement by putting away a set amount every paycheck, especially if your company matches your payments. You’ll regularly put money away if you treat your savings as a budget item. This will help it grow and raise your net worth.
4. School Loans
You may not have thought about it this way, but your schooling is one of your best qualities. If you want to get a better job or a promotion, investing in your own schooling can help you make a lot of money in the long run. And you don’t have to stop learning after you get your bachelor’s. There are student loans available from credit unions that offer in-school loans and parent loans through Sallie Mae Bank or a lender partner.
These loans could help you pay for classes or certifications that will help you further your education.If this doesn’t convince you, think about this: If you wanted to make 2% interest on your savings account, you would have to save $300,000 before you could earn an extra $6,000. You can get that amount of money much more quickly if you get promoted or get an annual raise because you went to school.
5. Homes For Rent
With bank loan money, you can buy rental homes that help you increase your net worth. When you rent out the homes, pay off the bills with the rent money instead of taking money out of your bank account. Your buildings will gain equity, and over time, their market value should go up too.
If you’re confident in your real estate skills but not ready to buy homes on your own, you can get a group of investors to pay the down payment on the property in exchange for a share of the ownership. Once you have the money to buy the rental property, you can talk to the investors about getting paid a fee to handle it.
6. Focus On Health
Taking care of your health is an important part of building your wealth. You can work longer hours and get more done without having to spend a lot of money on doctor visits, treatments, or surgeries. Spend money on your health by eating well, working out, and getting monthly checkups with your doctor.
7. Savings For College
For their kids, many parents own a 529 college savings plan. This raises their child’s net worth until it’s time to use the money for school. The money in a 529 plan grows tax-free, and withdrawals are also tax-free as long as they are used for certain school costs. The money can also be moved from one beneficiary to another without any fees or taxes. For instance, money could be split between several brothers.
8. Take Care Of Your House
Taking care of your home is important because it is likely one of your most valuable possessions. When it’s time to sell, replace your roof, keep up with your gutters, and have your HVAC system serviced regularly. These things can help you get a better return. On the other hand, if you don’t take care of your house, potential buyers may use that as an advantage to get a lower price, which will cost you more money in the long run.
9. Investing Money
Investing isn’t always a good way to make money, but it can be. Before you make an investment, take the time to learn about it. You should also know exactly when to buy and sell stocks. You don’t have to go it alone if you’re new to the stock market. Talk to a financial advisor. They can help you choose the best stocks for your portfolio based on how much risk you’re willing to take and how much return you want to get.
10. Better Home Appliances
Some things, like a new fridge or laptop, might not seem like they would help you get rich, but think about the big picture. It’s smart to buy the best quality, longest-lasting goods you can afford, just like it’s smart to think about how fast these things lose value when you buy them.
It can get expensive to keep fixing things and getting new ones, but buying good things leaves you with more money in the bank, which increases your net worth. Read reviews, compare goods, and look for the best deals to figure out which brands and models are worth your money.
The Bottom Line
People all over the world were shocked by Kevin Samuels’s sudden death in May 2022. His success as a YouTube star, image consultant, and life guide showed how much social media has changed and influenced modern society. His projected net worth showed how successful he was in business and how his media company, which is still going strong today, was growing.
Even though not much is known about his personal life, his work as a relationship expert and motivational speaker will continue to inspire and encourage people for years to come.