Glenn Stearns Net Worth – Biography, Early Life, Earnings, More

Glenn Stearns Net Worth: A business executive from the United States who has a net worth of $500 million is Glenn Stearns. Glenn is actually NOT a billionaire, regardless of what you might have heard from the show “Undercover Billionaire.”. A remarkably wealthy and successful individual, but not quite part of the three comma club.

Full NameGlenn Stearns
Birth Date1963
Birth PlaceSilver Spring, Maryland, US
Marital StatusMarried
WifeMindy Burbano
Net Worth$500 million

Early Life

Stearns failed the fourth grade because he was born into an alcoholic family and suffered from dyslexia. When he was 14, he had his first child, then graduated from high school at the bottom of his class. Glenn, with the assistance of mentors, became the first person in his family to earn a college degree when he graduated from Towson University, determined not to suffer the same fate as his parents.

Upon graduating from college, he moved to California, where he shared an apartment with five other guys and slept on the kitchen floor. Before landing a position as a loan officer, he waited tables to make ends meet.

Glenn Stearns Net Worth and His Standing

Stearns Lending, a mortgage company he founded when he was 25 years old, is his own business. His company has handled more than $1 billion in loans per month. While many of Stearns’ peers failed to recover from the 2008 real estate crash, the company ended up emerging as one of the U.S.’s best lenders.

Also Read:  Bobby Kotick Net Worth: How Rich is the Activision Blizzard's CEO

Stearns has funded more than $30 billion worth of loans between 2010 and 2019, making it the country’s #1 wholesale lender in 2003 and being among the top 10 lenders in all other years. His three children and two grandchildren are the pride of his life.

Having a wife who donates to so many causes is what makes Glenn Stearns such an active philanthropist. As part of the show’s journey and vision, the couple appeared on the Oprah Winfrey Show in 2003.

Personal Life

Charlene, Stearn’s eldest child, was born when Stearn was 14 years old. At the time of Charlene’s birth, her mother was a woman named Kathy, who was 17 years old. At the company Glenn manages, Charlene manages accounts.

A Los Angeles entertainment reporter for KTLA and Entertainment Tonight, Mindy Burbano married Stearns in October 2003. Currently, the couple lives in Jackson Hole, Wyoming.

In addition to her eldest daughter, Stearns also has three sons named Skyler, Colby, and Trevor, as well as two daughters who sometimes appear on Mindy’s Instagram. Her grandchildren are also named Skyler and Trevor.

He “won” The Real Gilligan’s Island competition in 2004 with his wife, Stearns Burbano, who was also on the show. A cancer diagnosis in 2014 led to him going on reality TV. On Discovery Channel in 2019, Stearns was featured in the series, Undercover Billionaire, where he built his own company from scratch. The show was filmed while he was recovering from a reoccurrence of cancer.

Also Read:  Keion Henderson Net Worth 2022: How Rich is the Pastor Actually

Glenn Stearns Net Worth

Glenn Stearns is an American business tycoon whose net worth is estimated to be around $500 million. Glenn is technically not a billionaire, despite what people may have heard, and even though he stars on a television show called Undercover Billionaire.

Leave a Comment