www.ambiente.us APRIL / ABRIL 2007
Finance Guru Orman Comes Out, Bemoans Gay Marriage Ban
Suze Orman Wishes She Could Marry Partner, Kathy Travis
'I Have Never Been With A Man My Whole Life'
by The Associated Press
NEW YORK -- Financial guru and best-selling author Suze
Orman said she wishes she could marry her partner, Kathy
Travis, because, among other things, it would save them both
a lot of money.
"Both of us have millions of dollars in our name," she told the
New York Times Magazine. "It's killing me that upon death,
K.T. is going to lose 50 percent of everything I have to estate
taxes. Or vice versa."
In a candid and wide-ranging interview with the magazine,
Orman touched on a number of topics that included her
seven-year relationship with Travis and other intimate details
of her life.
"I have never been with a man in my whole life," she said. "I'm still a 55-year-old virgin."
Orman, who hosts a popular show on the CNBC network, called "The Suze Orman Show," honed her
financial skills as a vice president of investments at Prudential Bache Securities and as an account executive
at Merrill Lynch.
Orman told the magazine that "women don't understand money. They will go into debt to pay for this and that."
With a liquid net worth somewhere in the range of $25 million and real estate holding of $7 million, Orman
also admitted that she enjoys spending money and playing the stock market.
She said she has about a million dollars in the market. "Because if I lose a million dollars, I don't personally
Orman has written five consecutive New York Times bestsellers that include, "The Money Book for the Young,
Fabulous & Broke" and "The Courage to Be Rich," according to her bio on CNBC. Her latest book, "Women &
Money," is due out in March 2007.
Orman was born on the south side of Chicago, Illinois in 1951 to Russian Jewish immigrants. Her father ran
a take-out chicken shack, where Orman worked part-time. As a child, she and her brothers worked odd jobs
to bring in extra money. Orman was an undergraduate at the University of Illinois at Urbana-Champaign and
holds a B.A. in social work from UI. In 1973, she and some friends moved to Berkeley, California, where she
became a waitress at a local bakery until 1980. From 1980-1983, she was trained by and worked as an
Account Executive at Merrill Lynch, and from 1983-87 she was Vice President of Investments for Prudential
Bache Securities. In 1987, Orman founded her own business, the Suze Orman Financial Group, which she
directed from 1987-1997.
Orman told The New York Times magazine in February 2007 that she is lesbian. Her partner of seven years
is Kathy Travis, a coproducer on The Suze Orman Show. Orman has bemoaned the fact that she could not
marry her partner and gain the corresponding tax advantages.
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