Raphael Vargas Net Worth (2022 Update): From A Troubled Kid To A Self-Made Millionaire
Full-time entrepreneur Raphael Vargas has a $5 million NetWorth. With his faith and a strong work ethic, he has gone from washing cars to reaching the kind of success only a few people can do.
But How Did He Make His Money?
The one thing that’s well-known about ultra high net worth individuals (UHNWs) – the folks worth at least $30 million USD – is that virtually ALL of them have some part of their fortune in real estate.
Many of the more famous rich people and “celebrity entrepreneurs” actually got their start in real estate. And that’s great for them! Not so much for us…
See, more millionaires are created during recessions than any other part of the economic cycle. Which is cool, except the last real recession was 2008, when real estate prices were in the tank and you could buy a whole neighborhood with $100,000.
Now, though, real estate prices are through the roof, and interest rates are skyrocketing too. So how does the everyday person start building a massive net worth in an economy like this one?
But for now, let’s dig in a little more about Raphael Vargas…
September 16, 1991
Country of Origin:
Source of Wealth
Entrepreneur, Investor, And Philanthropist
Raphael Vargas is a full-time entrepreneur and the CEO of the real estate company Ace Equity Pros and the founder of the real estate education teaching called Real Empire.
You most likely recognize him as the one half of the hype machine that pops up while you’re watching YouTube and tries to sell you the idea of automated Amazon storefronts for a small fortune.
Aside from a passive income of thousands of dollars each month, Raphael Vargas and his business partner, Dylan Baker, make more than $10 million a year from their Amazon Automation business.
They focus on the hot products on Amazon and help customers get them by drop-shipping.
In addition to his Amazon business, Raphael Vargas owns rental properties that are worth more than $15 million and a Forex market fund worth more than $1.2 million.
When he was 17, Raphael Vargas was always getting into fights, and he was kicked out of high school when he was caught with drugs.
He had to go to an alternative school with eight other kids, most of whom were in gangs or sold drugs. At 18, gang violence came close to taking his life twice.
Raphael Vargas started taking various jobs when he was 11 years old. He did things like washing cars, landscaping, and working in restaurants.
Raphael Vargas wanted to become a millionaire to help his mother and brother. At age 20, he saw how hard it was for local businesses to get by in the economy. So he sat down in his mother’s basement and thought of ways to make money.
He then met a man who told him he made money by buying and selling houses. Raphael had to pay the stranger $3,000 to learn, but he ran away after taking the money.
Raphael Vargas lost all of his money, so he used YouTube videos and other free online resources to learn everything he needed to know to start his own business investing in real estate. After nine months, he made his first deal, earning $30,000 in profit.
So far, he has helped pay off his father’s house, let his mother retire, and cared for his mentally disabled brother.
In the first three years, the business grew at a very fast rate with a worth of several million dollars. The company grew to include Tampa, Atlanta, Philadelphia, New York City, and Baltimore. Raphael was 24 when he made his first million. When he finally built a good rental portfolio, he started a real estate education program called Real Empire.
How Does He Do It?
Raphael Vargas Success Clues
One: make your CAREER YOUR RELIGION.
Two: You don’t get to do small things And Expect Not the typical results.
Three: TALK LESS. LISTEN MORE. EXECUTE MOSt.
Featured Raphael Vargas' Best Quotes Of All Time Quotes
"DON'T SEEK PEOPLE'S APPROVAL ON YOUR DREAM. GOD DIDN'T BUILD IT FOR THEM."
"REAL LEADERS DON'T USE FEELINS TO DRIVE THEMSELVES. THEY USE PURPOSE. IF YOUR VISION, PURPOSE & WHY ARE BIG ENOUGH, YOU PUSH PAST ANY WEAK, SOFT FEELINGS YOU MAY HAVE."
"I'D RATHER LOSE THE WORLD TO GAIN MY SOUL. I'd RATHER SIT PATIENT FOR WHAT'S IN ALIGNMENT FOR ME THAN RUSH INTO WHAT SOCIETY THINKS I Should HAVE. I'd RATHER PLAY CHESS ON MY COMPETITION THAN JOIN them IN CHECKERS. I'd RATHER BE LOUD About THE KEPT PROMISES GOD MADE FOR ME THAN QUIET ABOUT HIS GREATNESS."
"IF YOU DON’T THINK BUSINESS IS WAR, YOU’LL BE ONE OF THE PEOPLE THAT LOSES."
In today’s generation, there are a ton of ways to make money online. Sometimes, all you need is a laptop and a good internet connection. Raphael Vargas only had online resources, but he created the perfect business model that put him where he is today.
Any billionaires and millionaires, online businesses or not, fail. But it’s with the failed attempts that you learn and be successful.
Raphael Vargas’ estimated net worth is $5 million, which doesn’t include taxes, corporate costs, or donations, and with his insane hard work and dedication, it’s only right for his net worth to rise higher in the coming years.
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