Prep Expert Net Worth (Updated 2026).

Prep Expert, a name now synonymous with top-tier test preparation, was founded in 2013 by a group of passionate educators with a shared vision to revolutionize the way students approach standardized tests like the SAT and ACT. The co-founders, all graduates of prestigious universities, understood firsthand the transformative power of these exams and sought to create a more accessible, effective, and engaging learning experience for students across the country.

The company’s meteoric rise to fame began with a simple yet powerful premise: to provide personalized, high-quality instruction that would help students unlock their full potential on these crucial exams. Prep Expert’s innovative approach, which combines expert-led live classes with interactive online resources, quickly set it apart in the competitive test prep landscape. Their commitment to small class sizes, rigorous curriculum development, and unparalleled student support began to yield impressive results, with students consistently achieving remarkable score improvements and gaining acceptance into their dream colleges.

Prep Expert’s Current Net Worth (2025)

As of 2025, Prep Expert’s current net worth is estimated to be around $50 million, according to the latest available information. This figure reflects the company’s growth and success in the educational technology sector.

Career

Prep Expert was founded in 2013 by Shaan Patel, a Harvard graduate and former spelling bee champion. The company started as a test prep service for the SAT and ACT, offering live online courses and self-paced study materials. Over the years, Prep Expert has expanded its services to include college admissions consulting and even a mobile app for on-the-go studying.

Other Ventures

In addition to its core test prep services, Prep Expert has ventured into other educational areas. In 2018, the company launched a series of online courses for high school students, covering subjects like algebra, chemistry, and physics. Prep Expert also partners with schools and organizations to provide group test prep and workshops.

Assets

Prep Expert’s main assets include its proprietary learning platform, which hosts its online courses and study materials. The company also owns a significant amount of intellectual property, including copyrights to its course content and trademarks for its brand. Additionally, Prep Expert’s team of experienced instructors and tutors is considered one of its most valuable assets.

Annual Income

Prep Expert generates revenue through its various test prep courses and college admissions consulting services. While the company does not publicly disclose its annual income, industry estimates suggest that Prep Expert’s annual revenue is in the tens of millions of dollars. The company’s growth has been steady, with an increasing number of students enrolling in its courses each year.

Frequently Asked Questions about  Prep Expert

Frequently Asked Questions: Prep Expert Net Worth

1. What is Prep Expert’s net worth?

Prep Expert’s net worth is estimated to be around $50 million.

2. Who is the founder of Prep Expert?

Shahriar Rabii is the founder of Prep Expert.

3. What services does Prep Expert offer?

Prep Expert offers test preparation services for various standardized tests such as the SAT, ACT, LSAT, and GMAT. They also provide tutoring services for high school subjects.

4. How does Prep Expert’s pricing compare to other test prep companies?

Prep Expert’s pricing is generally competitive with other major test prep companies. Their courses range from $699 to $1,499, with additional options for private tutoring and à la carte services.

5. Is Prep Expert a legitimate company?

Yes, Prep Expert is a legitimate company. They have been featured in various media outlets and have a significant online presence. They also offer a money-back guarantee for their courses.

6. How effective are Prep Expert’s courses?

The effectiveness of Prep Expert’s courses can vary depending on the individual student. However, many students have reported significant score improvements after taking Prep Expert courses.

7. Does Prep Expert offer any discounts or scholarships?

Yes, Prep Expert offers various discounts and scholarships. They have a need-based scholarship program and also offer discounts for military families, teachers, and students from low-income backgrounds.

8. Can I take Prep Expert courses if I’m an international student?

Yes, Prep Expert courses are available to international students. However, some courses may not be available in certain countries due to regional restrictions.

9. How long are Prep Expert’s courses?

The duration of Prep Expert’s courses varies depending on the specific course. Their most popular courses range from 6 to 12 weeks in length.

10. Does Prep Expert have a physical location?

Prep Expert is primarily an online company, but they do have a physical location in Los Angeles, California. However, most of their courses are conducted online, allowing students from anywhere to participate.