Dan Lok's net worth is estimated to be approximately $120 million.
Overview
Dan Lok's net worth stats
Net worth: | $120 million |
---|---|
Source of wealth: | Business coach, author, motivational speaker |
Date of birth: | November 24, 1981 |
Place of birth: | Hong Kong |
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Early life
Dan Lok was born in Hong Kong on November 24, 1981. He was an only child.
His parents separated when he was 14. He and his mother moved to Vancouver, though neither of them could speak English. Two years later, Dan's father declared bankruptcy and could no longer support his family.
Dan started to work, packing groceries at a local supermarket. He went on to deliver newspapers, mow lawns, and work in a laundry.
The biggest lesson he learned over this period is that he despised working for others, so he needed to start his own business.
Education
After finishing high school, Dan Lok enrolled at Douglas College in Vancouver to do a business course.
How did Dan Lok build his net worth?
Dan Lok's net worth has come from his work as a business coach, author, motivational speaker, and mentor, earning most of his income from training, business consulting, writing, and investments.
He is a highly sought-after public speaker, charging $10,000 per hour. He appears regularly in the media, television, and print, growing his global recognition.
Success didn't come overnight for Dan. He started 13 businesses — all of which failed — during his three years at college. Dan also accumulated massive student debt, $150,000, to be precise. And yet, he went on to become a multimillionaire by the time he was 30, having made his first million at 27.
Dan's heart had been set on marketing at college, learning all he could from Alan Jacques before founding his own marketing company. By the time he was 22, he was earning a six-figure salary and charging clients a minimum of $10,000 per advertising campaign.
Lok now owns several businesses and has published more than ten books, which have sold well and earned him plenty of cash from the royalties.
More than 1.6 million people subscribe to his YouTube channel, where he teaches followers how to unlock financial freedom.
We buy time because time is the one thing you cannot replace. ~Dan Lok
How has Dan Lok spent his wealth?
Dan Lok is married to Jenny Li, who he met in 2007 in a Karaoke bar. They live in a Vancouver penthouse worth $15 million. He has also bought his mother a home.
A car collector, Dan owns a Bentley, a Porsche, and a Ford Escort, calling calls himself the “Boss in the Bentley.”
He loves to travel, but if he’s following his own advice, he is likely continuing to work on existing and new businesses while on the road.
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FAQs
How rich is Dan Lok?
Dan Lok's net worth is estimated at approximately $120 million.
Is Dan Lok a millionaire?
Yes. Dan Lok is a multimillionaire businessman.
Image: YouTube