Have you heard of The Motley Fool? If you are interested in finance and investments, you probably know its founder Tom Gardner. Learn just how much Tom Gardner net worth is right now.
You’re correct to assume that the name implies one of the classic comedies you’d see the likes of Dwight Schultz or Steve Zahn play on stage. The Motley Fool is a multimedia finance company, with its name derived from one of Shakespeare’s works about a candid jester, The Motley Fool.
After successfully providing investors with stock market guidance in 1993, Gardner became a rich man along with his brother and company co-founder David. Just how much is Tom Gardner net worth right now? Read on!
Tom Gardner Net Worth
Tom Gardner is a millionaire with a net worth of $22 million. He is the Chief Executive Officer (CEO) of Motley Fool.
Motley Fool is a company that provides investing, personal finance, and retirement articles and services. Operating worldwide, Motley Fool operates worldwide and caters to small businesses that have the potential to grow. It runs on a subscription service from $99 to $1,999 yearly.
Tom Gardner’s Short Bio
Tom Gardner, the co-founder of Motley Fool, is currently 54 years old. He is a white Christian born in Philadelphia, Pennsylvania, on 16th April 1968.
Rarely talking about his family, Tom prefers to keep his personal life private. However, It is known from various sources that he is the son of Paul Gardner and has one brother named David Gardner. The brothers co-founded The Motley Fool with famous television producer Erik Rydholm.
Tom Gardner’s Early Life
Tom Gardner’s early life was similar to any other American child. He spent his school days in St. Albans school. After completing high school, Tom decided to pursue a B.A degree. He got admission to Brown University, where he completed his B.A degree with honors in English and creative writing.
Tom graduated in 1990; however, his educational journey did not end there.
In 1993, Tom introduced the world to a company named The Motley Fool, which was warmly received in the early stages of its operations. During this time, Tom was enrolled in two Master’s programs at the University of Montana, which he had to put on hold due to his move to D.C.
The main reason behind the move was the exceptional growth of his newly established company, requiring his utmost attention.
Tom continued his education 7 years later. In the year 2000, he did his Ph.D. from Strayer University.
Tom Gardner – Career and Achievements
Tom Gardner had no finance background but always showed interest in money management.
Along with his brother David Gardner, Tom launched a company to help people make better financial decisions by teaching them about investment and saving. The Motley Fool has since become a popular resource serving more than 5 million people every month.
In August 1994, Tom started his Motley Fool site on America Online (AOL). He wrote essays and stories and provided market awareness so that people could plan their investments with a better understanding.
In 1997, the Gardner brothers partnered with Universal Press. A year later, they launched the British version of their website. The following year, they won the “Webby Award” for the best site in the Finance category.
In 2006, the company shifted towards online ventures. They introduced subscription newsletters such as Motley Stock Advisor, Rule Breakers, and Rule your Retirement.
Tom and his brother not only restricted themselves to saving and investment guides. They wrote some bestselling books, which became the best-selling books of their time. Some of them include
- You Have More Than You Think: The Motley Fool Guide to Investing What You Have
- The Motley Fool’s Rule Breakers, Rule Makers: The Foolish Guide to Picking Stocks
- The Motley Fool Investment Guide: How The Fool Beats Wall Street’s Wise Men And How You Can Too
In 2009, Motley Fool introduced a separate business unit. It was named Motley Fool Asset Management.
Inspired by Gardner’s success story? If you want to grow your money and reach your financial goals, investing is one of the best ways to make money work. Here are some useful links that will break down exactly how to start investing:
Tom Gardner’s Personal Life
Tom’s personal life is very ordinary and non-controversial compared to other famously successful businesspeople who are often in the spotlight for things they’d rather keep to themselves. But there was one thing that Tom revealed to the public, and that was his surprisingly wild sense of humor.
Tom Gardner showed up on his wedding day in a T-Rex outfit to make their special day even more memorable. He managed to surprise his bride, but being his long-time girlfriend, she was probably used to his occasional pranks and still said yes in the end. The couple married in November 2016 at Bald Head Island, North Carolina.
The couple has yet to have children, but they seem quite happy.
Tom Gardner’s Social Media Presence
Tom is not present on every social media platform. He is only available on Twitter, where he has around 66.6k followers. He is following 107 people, which mostly consist of entrepreneurs just like him.
Most of his tweets include information about current market trends. He often creates voting polls to test the audience’s perspective of different market situations.
For instance, his most recent poll included an audience view on if Starbucks will be more or less relevant in the next five years, where 57.8 percent of people chose the option “less.”
Tom Gardner Net Worth – Frequently Asked Questions
What Company Does Tom Gardner Own?
Tom Garner is the company owner named “The Motley Fool.” In 1993, Tom and his brother launched the company to help people by teaching them how they can save and invest their money.
What Does Motley Fool Do?
Motley Fool guides people who are looking to invest their money. They do it by offering premium and free guidance plans.
Motley Fool’s premium membership includes stock recommendations and detailed analysis of companies. The membership also includes live streaming videos during market hours and model portfolios.
They also provide free guidance through informative articles containing market news. The new articles are published on their website every week.
What Does Tom Gardner Do For a Living?
Tom Gardner is the CEO of Motley Fool, which he and his brother founded in 1993. He guides the people on how they can smartly invest their money and what return they can expect from the investment.
He also provides market analysis and guidance on company stocks that can benefit you in the short and long term. His company offers a subscription known as “Member-only tools and programming,” which builds your portfolio, tracks your performance, and monitors companies of interest.
Who Is a Better Stock Picker, David or Tom Gardner?
In the recent performance analysis, David Gardner has proved to be a better stock picker than Tom Gardner.
Since 2002, The S&P has been up an average of 117 percent on the stock advisor. Tom’s picks have gone up by 286 percent, whereas David’s picks are up by 827 percent.
Tom Gardner Net Worth – Final Thoughts
What’ isn’t mentioned above is that neither Tom nor his brother had any formal education or training in trading and investment. But they successfully created a free and effective forum where people could go and improve their approach toward investment.
Were the Gardners finance geniuses or just a pair of lucky fools? Perhaps their intuition regarding money was just better than the average person’s. The simplicity of their product is definitely with mentioning, but the most commendable part is that their success came from wanting to help others.
Tom Garner’s net worth of $22M is completely deserved. He has shown great talent in giving guidance to numerous stock market investors, who continue to find his advice helpful in increasing their net. worth.
Founder of Spark Nomad, Radical FIRE, Celebz Net Worth, Copywriter
Expertise: Personal finance and travel content. I’m a full-time traveler, and I’ve been to 49 countries and 5 continents.
Education: Bachelor of Economics at Radboud University, Master in Finance at Radboud University, Minor in Economics at Chapman University.
Over 200 articles, essays, and short stories published across the web.
Marjolein Dilven is a journalist and founder of Spark Nomad, a travel platform, and Radical FIRE, a personal finance platform. Marjolein has a finance and economics background with a master’s in Finance. She has quit her job to travel the world, documenting her travels on Spark Nomad to help people plan their travels. Marjolein Dilven has written for publications like MSN, Associated Press, CNBC, Town News syndicate, and more.