
$1B and Counting: A Billionaire Shares their Income and Monthly Expenses
Moneywise
2025-02-06• 43 min
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What’s the real cost of building wealth—and how do you stay grounded after achieving it?
Steve Houghton, a billionaire entrepreneur, has a life philosophy that’s as intentional as his business strategies. From self-made success to crafting a fulfilling personal life, Steve shares the five pillars that help him stay healthy, happy, and wealthy.
Steve’s journey started with selling books as a teenager, earning the equivalent of $100,000 today, and grew to building successful ventures in real estate and oil and gas. But what really sets Steve apart is how he uses his wealth—never selling his best assets and focusing on the compounding power of capital to achieve long-term financial stability.
In this episode, Steve explains how he grew from a frugal Utah upbringing to managing a fortune. He breaks down his five-pillar framework for a wealthy life: financial, emotional, mental, physical, and spiritual health. Steve shares how he avoids ego traps, maintains meaningful relationships, stays curious, prioritizes fitness, and finds joy in helping others.
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