Tim Ferriss Net Worth & Biography

By Mixxerly Updated: SEPTEMBER 22, 2021

Introduction

NET WORTH

$120M

Tim Ferris is an American online entrepreneur, investor, author, and podcaster. He is the founder of nutritional supplements company BrainQUICKEN. Tim Ferris maintained his day job while building his company.

Tim Ferris is widely known for his The New York Times Best Selling self-help book "The 4-Hour Workweek: Escape 9–5, Live Anywhere, and Join the New Rich (2007)". His book has been translated into 40 languages and has sold more than 2.1 million copies worldwide. As of , Tim Ferriss has an estimated net worth of about $120M.

At a Glance

Full name: Timothy Ferriss

Other names: Tim Ferriss

Birthday: July 20, 1977

Age:

Net worth: $120M

Occupation: Entrepreneur, Author, Podcaster, Investor

Nationality: United States of America

Net Worth

Tim Ferriss is a New York Times bestselling author and also a very successful entrepreneur. He successfully built and sold his nutritional supplements business. Later he created more wealth thorugh investing in a wide range of early-stage tech companies such as Uber, Shopify, Evernote, and TaskRabbit. This gave his investing career a major boost and he was able to amass a great amount of wealth. As of , Tim Ferriss has an estimated net worth of about $120M.

Early Life

Timothy Ferriss, who was born premature, grew up in East Hampton, New York, and graduated from the highly selective prep school St. Paul's School in Concord, New Hampshire.

He graduated with an A.B. in East Asian studies from Princeton University in 2000 after completing an 128-page-long senior thesis, titled "Acquisition of Japanese Kanji: Conventional Practice and Mnemonic Supplementation", under the supervision of Seiichi Makino. After graduating from Princeton, Ferriss worked in sales at a data storage company.

Favorite Quotes from Tim Ferriss

“If you don’t have time, the truth is, you don’t have priorities. Think harder; don’t work harder.” – Tim Ferriss
“It isn’t enough to think outside the box. Thinking is passive. Get used to acting outside the box.” – Tim Ferriss
“What we fear doing most is usually what we most need to do.” – Tim Ferriss
“Do not overestimate the competition and underestimate yourself. You are better than you think.” – Tim Ferriss

Career

In 2001, Ferriss founded BrainQUICKEN, an internet-based nutritional supplements business, while still employed at his prior job. He successfully sold the company, then known as BodyQUICK, to a London-based private equity firm in 2010. He has stated that The 4-Hour Workweek was based on this period.

The 4-Hour Workweek Book

The 4-Hour Workweek: Escape 9–5, Live Anywhere, and Join the New Rich (2007) is a self-help book by Timothy Ferriss, an American writer, educational activist, and entrepreneur.

The book has spent more than four years on The New York Times Best Seller List, has been translated into 40 languages and has sold more than 2.1 million copies worldwide.

It deals with what Ferriss refers to as "lifestyle design" and repudiates the traditional "deferred" life plan in which people work grueling hours and take few vacations for decades and save money in order to relax after retirement.

Ferriss developed the ideas present in The 4-Hour Workweek (4HWW) while working 14-hour days at his sports nutrition supplement company, BrainQUICKEN.

Frustrated by the overwork and lack of free time, Ferriss took a 3-week sabbatical to Europe.

During that time and continued travels throughout Europe, Asia, and South America, Ferriss developed a streamlined system of checking email once per day and outsourcing small daily tasks to virtual assistants.

His personal escape from a workaholic lifestyle was the genesis of the book.

The format of The 4-Hour Workweek took shape during a series of lectures Ferriss delivered on high-tech entrepreneurship at Princeton University, his alma mater. The lectures (and book) described Ferriss' own experiences in company automation and lifestyle development.

Current projects

Podcast: The Tim Ferriss Show covers topics ranging from personal and character development, to morning routines and meditation habits of celebrities, CEOs and sportspeople like LeBron James, also covering occasional posts about writing, venture capital, metaphysics and even acting/movies.

Investing: Ferriss is an angel investor and advisor to startups.

He has invested or advised in startups such as StumbleUpon, Posterous, Evernote, DailyBurn, Shopify, Reputation.com, Trippy, and TaskRabbit. He is a pre-seed money advisor to Uber, co-founded by Garrett Camp, the founder of StumbleUpon, which Ferriss also advises.

In 2013, Ferriss raised $250,000 in under an hour to invest in Shyp by forming a syndicate on AngelList. Ferriss ended up raising over $500,000 through his backers, and Shyp raised a total of $2.1 million. In 2018, Shyp shut down and laid off all its employees.

The New York Times listed Ferriss among their "Notable angel Investors" while CNN said he was "one of the planet's leading angel investors in technology."

In November 2013, Ferriss began an audiobook publishing venture, Tim Ferriss Publishing. The first book published was Vagabonding by Rolf Potts. Other books include Ego is the Enemy and The Obstacle Is The Way by Ryan Holiday, Daily Rituals by Mason Currey, and What I Learned Losing A Million Dollars by Jim Paul and Brendan Moynihan.

In 2015, Ferriss declared a long vacation from new investing. He cited the stress of the work and a feeling his impact was "minimal in the long run", and said he planned to spend time on his writing and media projects. In 2017 he stated one of the reasons he moved from Silicon Valley was that, "After effectively 'retiring' from angel investing 2 years ago," he had no professional need to be in the Bay Area.

Books: Ferriss has written five books, The 4-Hour Workweek (2007, expanded edition 2009), The 4-Hour Body (2010), The 4-Hour Chef (2012), Tools of Titans (2016), and Tribe of Mentors (2017).

The Tim Ferriss Experiment

In December 2008, Ferriss led a pilot on the History Channel called Trial by Fire, in which he had one week to attempt to learn a skill normally learned over the course of many years. In the pilot episode he practiced yabusame, the Japanese art of horseback archery.

In December 2013, his television series The Tim Ferriss Experiment debuted on HLN. In each episode Ferriss attempts to become proficient at a particular skill in a short amount of time using his personal methods with the help of experts within the field. Episodes featured skills including surfing, professional poker, Brazilian jiu-jitsu, parkour, and foreign language learning, among others.

Although 13 episodes were produced, only a portion were shown on television. Ferriss stated on his blog in March 2014 that he'd "been fighting hard behind the scenes" to gain the rights to distribute the show to fans digitally. 

Over a year later, in April 2015 Ferriss announced that after "eons of negotiating and lawyering" he was finally able to retain digital rights to the show, and released the full series in its entirety on iTunes.

Ferriss also hosted the 2017 TV show Fear{Less} with Tim Ferriss, in which he interviews people from different industries about success and innovation.

Psychedelic research

Ferriss has raised funds for the Center for Psychedelic and Consciousness Research at Johns Hopkins University School of Medicine and for the Center for Psychedelic Research at Imperial College London. Since 2016, Ferriss donated at least $2,000,000 for clinical research into psychedelic drugs.