You often hear about these success stories of huge celebrities and how they made it. It’s usually a mix of will and luck, that leads these successful people to huge net worth. Dan Pena is certainly one of the wealthiest and hard-working people out there, but how did he build his success, and how much is he worth now? We’ll answer all of those questions for you down below.
Who’s Dan Pena?
Born on August 10th, 1945, Dan Peña is a multi-millionaire businessman and investor. He is the author of the book Your First $100 Million, which got many good reviews on Amazon (4.2-star ratings). When he was young, his father (Manuel Pena) had a pretty tough relationship with him. The latter was a Lieutenant Commander during the Second World War and later became a CIA agent… what a life! And like that wasn’t enough, he was also the lead investigator on the murder case of Robert F. Kennedy.
So, the childhood of this now very powerful man was not pink at all. Dan even ended up in prison a couple of times due to alcoholism. His father was so angry at him that he told officers to give Dan a beating if he misbehaved in public.
On the more positive side of things, Mr. Pena grabbed himself a Bachelor’s degree of Science in Business Administration from San Fernando Valley State College. From there, he has built a big company and created the Quantum Leap Advantage Methodology (QLA method), which we will tackle in an instant.
How did Dan Pena make his fortune?
With only $820 in his pockets, Dan Pena slowly built a business in the oil industry. Around 8 years later, his company was worth well over $400 million. Our ferocious moneymaker didn’t stop there, as he went into a co-founding venture, bringing this second company to a net worth of $50 million. And finally, let’s not forget his teaching program of the famous QLA method he still teaches to this day.
What’s Dan Pena’s Quantum Leap Advantage Methodology?
Dan Pena teaches people at his castle (because yes, he owns a castle) the art of managing a commercial debt-based business model. In other words, this method focuses on a business that almost never uses its own capital, but rather the borrowed money from commercial banks.
This strategy is, of course, a high-pressure environment for anybody who’s willing to put in motion such a method, so it’s not for everybody. If you are interested to learn more about the QLA Methodology, know that he runs a YouTube channel with 300k+ subscribers, where you can see some of his seminars in action.
How much is worth Dan Pena?
It was reported by Forbes that Dan Pena is now worth $450 million, including his ‘house’, or should we call it his castle. The latter is in fact the Guthrie Castle, located in Angus Scotland. The castle doesn’t really have a specific price tag, but it is believed that the ancient structure is worth more than $25 million.
Is Dan Pena married?
Yes, he is, with Sally Halle. We don’t know much about his wife, but she is the Managing Principal of The Guthrie Group (TGG), their family business. It was a natural choice for them since she does have strong credentials as a qualified ACA and Tax accountant. Before getting married to Dan Pena, she was a CEO of an internet startup and also the CEO and managing director of a high-tech marketing organization. She successfully merged companies and built multimillion capital gains over the years.
Does Dan Pena have children?
Dan Pena and Sally Hall have 3 children:
- Kelly Pena
- Derrick Pena
- Danny Pena
We don’t have much information about their children, as they are keeping their personal lives as private as possible for the time being.
Why is Dan Pena called the 50 Billion Dollar Man?
No, he doesn’t have 50 billion dollars to his name, although we’re pretty sure he wouldn’t mind that! Actually, this name comes from the money his students made after being coached by him through his QLA method.
That’s right, after the earnings that resulted from his coaching program reached near a total of $50 billion, he then got the nickname The 50 Billion Dollar Man. But that was a couple of years ago. Actually, nowadays, Dan Pena goes by the name The Trillion Dollar Man, which sounds even cooler we have to admit!
Where does Dan Pena live?
He currently lives in Guthrie Castle in Angus, Scotland. This castle was built in the 15th century and was renovated in the 19th century. The magnificent home of Mr. Pena was purchased by the man himself in 1984 for him and his family. The castle is not only a beautiful place for living a lavish life though, as it is the home base for many business ventures from the TGG that are running all year long. That includes Pena’s QLA seminars, a golf course, and also wedding events that are open to the public.
Why did the estate manager of Guthrie Castle got arrested in 2017?
A lot of people love having a nice place for their wedding, and a castle sure is a beautiful location for your guests to attend. However, it was found that the estate manager employed by Dan, who was managing the bookings for wedding events, was stealing money from the guests.
In fact, the fraudulent wedding planner had stolen a total of £130,000 by double or triple booking the attendees. He was arrested in 2017 after he had fled the castle to blow his stolen money in various casinos. The guy was spending over £5000 a day to satisfy his gambling addiction. Dan Pena, being the gentleman that he is, forgave Williamson (the thief), and paid back all the money that was stolen to the affected attendees.
All in all, we can see that Dan Pena’s success is not only due to luck and hard work but also to his good heart. Yes, like any businessman, his main goal has always been to make money, but helping others can go along way. Who knows, maybe you will be the next 50 Billion Dollar Man (or Woman)!