--- title: "Dave Ramsey Says He Owns Only 1% Of His Company, Ramsey Solutions. 'The Company Itself Has Been Operated For God'" type: "News" locale: "en" url: "https://longbridge.com/en/news/275234374.md" description: "Dave Ramsey revealed he owns only 1% of Ramsey Solutions, the personal finance company he co-founded, with the majority of shares transferred to his children. He emphasized the company's mission to operate for God and the importance of avoiding debt for future generations. During a podcast, he advised a caller on buying out his parents' share in a family business without incurring debt, suggesting they use profits instead. Ramsey highlighted the family's financial responsibility and maturity in their discussions." datetime: "2026-02-08T17:01:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275234374.md) - [en](https://longbridge.com/en/news/275234374.md) - [zh-HK](https://longbridge.com/zh-HK/news/275234374.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275234374.md) | [繁體中文](https://longbridge.com/zh-HK/news/275234374.md) # Dave Ramsey Says He Owns Only 1% Of His Company, Ramsey Solutions. 'The Company Itself Has Been Operated For God' **Dave Ramsey** said he only owns 1% of **Ramsey Solutions**, the personal finance company he co-founded with his wife Sharon in 1992. “Ninety-nine percent of our stock has already moved to the kids 10 years ago,” he told a caller on his “EntreLeadership” podcast. “It’s in the Children’s Trust now. I own 1% of Ramsey and it’s the only voting stock.” ## Ramsey Says His Company Was Built For A Bigger Purpose Ramsey said the transfer was part of a broader plan to keep the company aligned with its founding values. “The company itself has been operated for God,” he said. “The kids now operate it for God or will when I’m gone and the grandkids will too.” He emphasized the importance of not burdening the next generation with debt. “We built our own wealth on the side away from Ramsey,” he said. “That put us in a position to do all that.” **Don't Miss:** - **Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share** - **Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors.** Ramsey also spoke about his wife and how the ownership structure was designed with their long-term legacy in mind. “Sharon gets nothing here,” he said, referring to Ramsey Solutions. “She’s got hundreds of millions of dollars worth of other stuff. So she’s fine.” Headquartered in Franklin, Tennessee, Ramsey Solutions employs over 1,000 people and produces a range of content, including “The Ramsey Show,” the “SmartDollar” financial wellness platform and a suite of books and online courses. The company brought in around $300 million in revenue last year, according to Ramsey. ## Helping a Family Business Avoid Debt in Retirement The topic came up during a call from Ronny, a small business owner from New Mexico, who asked how he and his wife could buy out his parents’ 50% share in their family-run repair business without taking on debt. Ramsey first challenged their business valuation. Ronny's mom had estimated the company was worth $4.1 million based on past revenue. But Ramsey said that was way off. “She’s wrong. Your net profit’s $600K. The most the business is worth is four to five times that,” he said. “She’s overvalued it by about a million dollars.” **Trending: From Moxy Hotels to $12B in Real Estate — The Firm Behind NYC's Trendiest Properties Is Letting Individual Investors In.** Ramsey suggested a simple plan: instead of borrowing money, Ronny and his wife could just use the company's profits to buy out his parents. They'd pay themselves a salary of $100,000 a year, set aside 10% of profits to keep the business running smoothly, and send the rest to his parents each month until the full amount is paid off. Ramsey praised the family for their maturity and financial responsibility. “You’re having very clear conversations, kind conversations. There’s not a dysfunction, a bunch of greed,” he said. “You guys are really stellar people.” For professionals like Ronny looking to take their money game to the next level, services like Domain Money can help. Domain Money offers personalized financial planning built for households earning over $100,000 a year. They help people make confident decisions about retirement, investing, and long-term goals. Right now, they're offering free strategy sessions for those ready to build a smarter financial future. **Read Next:**  - **Americans With a Financial Plan Can 4X Their Wealth — Get Your Personalized Plan from a CFP Pro** - **Professional traders demand transparency — see why Kraken Pro has become one of crypto's most trusted advanced trading platforms.** **_Image: Shutterstock_** ## Related News & Research - [Grafton Group Cancels Further Shares Under Ongoing Buyback Programme](https://longbridge.com/en/news/281475469.md) - [Genuit Strategy Chief Buys Shares in Regulatory-Disclosed Deal](https://longbridge.com/en/news/281346847.md) - [KKCG Maritime Receives Limited Acceptances for Ferretti Stake Offer](https://longbridge.com/en/news/281450507.md) - [Bellway Cancels Further Shares as Buyback Programme Cuts Share Count to 116.3 Million](https://longbridge.com/en/news/281476594.md) - [Bellway Cancels Further Shares as Buyback Programme Cuts Share Count to 116.4 Million](https://longbridge.com/en/news/281312945.md)