Russ Whitney is one of the big names in the real estate business nowadays. Being the chairman and CEO of Whitney Information Network, Inc., and Whitney Educational Group, Inc., and being the founder of The Whitney Foundation, Inc.—Russ Whitney really is something!
Russ’ story is one amazing success story—from working in a slaughter house, earning $5 an hour; he successfully became one of America’s youngest millionaires. By the age of twenty seven, he already owned millions worth of properties. But how did Russ Whitney become one of the youngest American millionaires? Here’s his story.
Russ Whitney was born on November 18, 1955, in a small town in Long Island. He was raised by his dad and aunt. They moved to Queens, New York when Russ was still very young and he grew up there. Russ dropped out of high school. He got married and to earn a living, he worked at a slaughterhouse. But Russ wanted more from the life he was living. He strived to learn more ways to earn money.
He read many books and he took courses which offered ways to make money fast. Most of these “quick money” schemes didn’t work for Russ but he kept on trying. His life began to take a different turn when he read a book about real estate. That was the start of a new life for him and his wife.
By the age of twenty, he invested in what would be his first real estate property. He made money from that venture but he didn’t stop there. He invested wisely on more properties. When he turned 23 years old, he decided to quit his slaughter house job. Most of his friend and relatives didn’t think this was a wise idea, and advised him not to go through with it. But nor his friends or his family were able to stop him. He just knew that his passion as well as career lies in investing in various properties.
By the age of twenty-five, he moved his family—his wife and two children—to Florida. This was a wise move as the Cape Coral market was starting to significantly move up. He decided to start over. And in just 18 months, he managed to take his $1,000 investment and turn it into $4.7 million. It was this venture that led him to develop his own, unique system of investing. He has written books about the system and most of them are bestsellers. His bestselling books are Building Wealth, Millionaire Real Estate Mentor, and The Millionaire Real Estate Mindset. He also developed some of the most popular home study courses such as Starting from Zero and the Building Wealth System.