Ricky Gutierrez Net Worth (2023): Is He A Scam or Legit?

Ricky Gutierrez Net Worth 

Ricky Gutierrez has an estimated net worth of $2 millionRicky Gutierrez is a young entrepreneur and day trader from Gilbert, Arizona. On his Instagram page, he claims to be the “youngest millionaire in Gilbert, AZ”. 

Ricky had early success in the world of trading and has since turned his company, Techbud Solutions, into an online content powerhouse geared towards young entrepreneurs. While most of Ricky’s content focuses on stock trading, he also devotes time to other entrepreneurial ventures, such as selling cars and real estate. It’s likely that he actually earns most of his income selling day-trading courses instead of financial investments or business. 

Ricky has a large audience. At the time of writing, the Facebook group has over 300K members, his YouTube channel has over 1 million subscribers, and his Instagram account had over 180K followers.

There is no doubt that Ricky earned a lot of money making a business out of teaching stock trading.

To calculate the net worth of Ricky Gutierrez, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Ricky Gutierrez
Net Worth: $2 Million
Monthly Salary: $30 Thousand
Annual Income: $1 Million
Source of Wealth: Entrepreneur, YouTuber

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Early Life

Ricky Gutierrez was born on January 2, 1995, in the United States. He was raised in a Hispanic family by three sisters and one brother. His family had moved from Mexico to Orange County, California. After they immigrated to the United States, his father established a general contracting business with his brother. There is no information about his sisters, but he has revealed that his brother’s name is Roy Gutierrez.

Gutierrez did his schooling at a public school in California. While studying at Arizona State University, Ricky Gutierrez specialized in entrepreneurship and technology management.

Career 

At the age of 14, Gutierrez started Fingerboard Hustle, a mini wooden board on which you had to ride miniature skateboards with your fingers. His friends eventually gave up the game, but Gutierrez persisted. He used to make a few thousand dollars a year doing it.

Around that time, he came across an article about a man who got rich trading micro stocks. As a result, he became interested in the stock market. After he came of age, Gutierrez invested all of his savings from Fingerboard Hustle into the stock market. However, lacking the necessary knowledge, he lost a lot of money trading penny stocks. It eventually took him five years to make a profit with penny stocks.

In the meantime, Gutierrez also ran eBay and Amazon arbitrage with his cousin. They bought things at a low price and resold them at a higher price.

He also worked as a part-time telemarketer, earning $50,000 a year. On the side, he traded and invested in real estate.

Today he is known for his stock trading strategies, which brought him fame and enabled him to buy his first house at the age of 20. He usually shares his trading strategies and advice through his YouTube channel. He teaches his audience how to get started in stock trading, the most important aspects of being a successful investor, and how to avoid the common pitfalls and losses in the stock market.

With a large audience, Gutierrez started selling video courses that teach people how to become successful traders. In the videos, he discusses all the significant points in stock trading, such as:

  • Consistency
  • Realistic goals
  • Reaping profits and benefits
  • Managing risks
  • Indicators of risk or profit
  • The trading mechanics

He is currently the CEO of Tech Bud Solutions, a company that connects people who are interested in online entrepreneurship.

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Income Sources

YouTube

On November 26, 2015, he launched his YouTube channel. On his channel he teaches people about the stock market, stock trading and how to adopt a successful business style.

He earns between $195 and $200 per day from YouTube and has a net worth of over $1.5 to $2 million.

Trading

The path to success in stock trading is not the easiest. The success Ricky Gutierrez has achieved is due to his other businesses and side income. These include:

As a day trader, he earns about $3000 or more per day.

Reselling

Through his partnership with various dealers, he buys and sells vehicles and motorcycles with an average profit of 30-40%.

Partnerships

As an investor, he has a say in the management of more than five businesses, for which he receives a share of the revenue.

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Personal Life & Girlfriend

As of 2021, the identity of his girlfriend is not known to the public, but he has posted several pictures and videos with her on social media. In 2017, he posted several pictures on Instagram of his travels with his alleged girlfriend.

Is Ricky Gutierrez A Scam?

Ricky Gutierrez is not a scam. However, the way he advertises how rich he has become by trading stocks puts me off and makes some people feel that he is a fraud. He lists the names of all the cars he has bought and the houses he owns. And he mentions the course over and over in every YouTube video.

Tim Sykes, Ricky Gutierrez, and some other “stock market gurus” make millions of dollars, not because they trade, but because they sell thousands of dollars worth of courses to innocent people who want to learn to trade to make money. 

Do the best traders in the world go around selling a YouTube course? No. They trade millions of dollars worth of positions every day. And they talk to other traders, who may be their friends, about the money they have lost and what they have learned and so on.

People like Ricky Gutierrez only talk about their profits and their gains. But even the best and most experienced traders lose money.

How To Become Rich Like Ricky Gutierrez?

To get rich like Ricky Gutierrez, you do not have to trade stocks. After all, only God knows whether the share price will rise or fall tomorrow.

Successful people become rich primarily because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.

Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Ricky Gutierrez one day.

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