Softee ice cream vendor, a nursery school operator, a cocktail lounge pianist and a successful real estate investor.įor someone who says he finds money management boring, Williams has amassed a lot of wealth: His net worth is estimated at $5 million to $10 million. Williams, who is divorced, prefers to draw on his grab bag of experience. His qualifications for preaching about money to millions? Not formal schooling (he majored in education at college) or daily preparation (he never does any). "Tell your brother-in-law you want to use a multiple-listing service. "You'd be foolish if you don't stay behind and try to sell the house," he says. Williams' response: Fix the problem-then join your husband. caller, who will soon move to Turkey with her Air Force husband, wonders what to do about her house, which has been listed with her brother-in-law the real estate agent for six weeks without a nibble. More often than not, his advice is right on the money.
Blending advice on money and life and delivering it with attitude, the burly radio host is by turns sarcastic, soothing-and blunt.
Banks and credit-card issuers are fighting the legislation vigorously.įrightfully politically incorrect-he addresses female callers as "honey," "sweetheart" or "babe"-Williams' on-air appeal lies in what he calls his "hip uncle" image. So far, the Postmark Prompt Payment Act of 1995 (HR 1963) has only 35 House co-sponsors. "It's good enough for the IRS when you send in your tax return," he says. Williams is lobbying Congress to call payments timely if they are postmarked by the due date on their bills. He wants to ban fees resulting from a creditor's slowness to process a check or a delay in the mail. After listening to hundreds of callers complain about undeserved late-payment fees from credit-card and mortgage companies, he is campaigning to change the law. The former mayor of Franklin Township, N.J., Williams has become a political activist on a national level. "My job," Williams says, "is to cut through all forms of B.S." His success yields a compensation package in the low seven figures and helps explain how he can afford his new 6,000-square-foot home looking over the Gulf of Mexico and his three-bedroom colonial in Franklin Park, N.J. Among radio talk show hosts, only Limbaugh is more ubiquitous. A rich baritone who got his first radio job 20 years ago by badgering the general manager of WCTC and WQMR in New Brunswick, N.J., Williams, 63, now reaches about 5 million people a week on the Westwood One Entertainment radio network.
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