The ABC’s Shark Tank is famous for its unique method of showing the procedure of pitching an idea to investors with wealth in the hope of securing funding for their start-up. The investors, known as Sharks have helped turn many entrepreneurs who are aspiring to become millionaires. Through the numerous success stories they’ve been able to create, many people ask who Shark is the richest.
Shark Tank Cast Net Worth
1. Mark Cuban Mark Cuban $4.7 billion
Mark Cuban is the only billionaire on the show, which means that he is the main Shark. He co-founded the Media company 2929 Entertainment and the owner of the Dallas Mavericks, a pro basketball team from the NBA. He also owns Magnolia Picture and Landmark Theaters.
At the age of 12 he began his first venture due to his desire to purchase a pair of expensive basketball shoes. Therefore, he purchased the garbage bags, and later sold. He earned money by trading coins and stamps a couple of years after.
After graduating from the business school, he began working in the field of networking and machines within Mellon Bank. The year 1999 was the time Mark was able to earn billions through investments in a variety of media platforms.
Then the following year, he sold his streaming platform, Broadcast.com, for $5.7 billion to Yahoo. When he appears on Shark Tank, he often provides the most thorough information that explains the reason he is estimated to have a fortune of $4.7 billion.
2. Kevin O’Leary – $400 million
Also called Mr. Amazing, Kevin O’Leary is an entrepreneur who has been working in the entertainment industry for quite a while. O’Leary is an entrepreneur as well as a TV presenter. Also, he is a political figure, who was once was a candidate for the position of head for the Conservative Party of Canada.
Her mother was small-business executive, as well as an experienced investor, who kept her portfolio a secret. When she passed away, Kevin learned of her strategies for investing. The portfolio he has now is 1/3 of his income is a technique that he learned from his mother.
The year was 1986. Kevin founded the company that was a tech startup called SoftKey Software Products, now known as The Learning Company. O’Leary’s business grew after acquiring other companies through acquisitions.
The company was sold to SoftKey in 1999 for $4.2 billion, to toys maker Mattel during 1999. Then, he began working as a host for numerous Canadian business talk programs. In the present, as the second-richest Shark is worth $400 million. exceeds $400m.
3. Daymond John – – $350million
The next one on the list next on the list is Daymond John. The motivational speaker as well as a business magnate who founded his hip-hop apparel brand “FUBU”. He was the company’s CEO since the beginning until it became popular. Another clothing line that he assisted in helping to become popular is Bombas.
After his parents divorced, Daymond started working at 10 years old. At the age of 16 his mother was partnered with a new person and attorney who Daymond considered mentor.
The young man had plans to build FUBU in the family home. His mother was supportive and even taught him to sew. When his first venture was an instant success, he re-examined different business ventures.
John developed Blueprint and Co, a coworking facility, as well as John created his Daymond Training On Demand. The reputation he earned as a Shark has led him to establish the consulting company The Shark Group. The Shark Group is appraised at $350 million.
4. Robert Herjavec – $200 million
Robert Herjavec is the founder One of the more well-known cybersecurity firms in Canada Herjavec Group. Herjavec Group. He is a well-known name in the world of telecast investment. Before joining the crew in Shark Tank, he was an recurring character on the British television show Dragon’s Den.
He is a descendant of a family that is comprised of Croatian immigrants who moved to Toronto at the age of eight. Robert was just eight years old. In the 90s, he was employed in a variety of low wage jobs to provide for his family.
Herjavec initially began filmmaking but then moved into business, working for Logiquest and selling emulator boards. After Logiquest dismissed him Herjavec, he developed an internet security software integrator.
He created BRAK Systems in his basement. In 2000 the software was sold to AT&T Canada for $30.2 millions in a deal with AT&T Canada, which rebranded the software under the name Allstream Inc. This led to a significant reason for his current wealth in the amount of 200 million.
5. Lori Greiner – $150 million
The accomplished lady is recognized as a genius in marketing and creating effective products. Her name is The Queen of QVC because she is able to effectively share her knowledge on QVC, the American retail channel. Lori Greiner is also the founder and CEO of For Your Ease Only, Inc.
Her first job was as a jewelry dealer. Greiner came up with and patented an earring organizer that she patented and invented the J.C. Penney plastic earring organizer in the year 1996. Greiner’s business flourished after her product was presented by the Home Shopping Network.
Then she joined QVC and to produce the show Clever & Unique Creations. Lori continued to develop and patent her products. She has created over 500 products and is considered to be an Intellectual Property expert.
As the Queen of QVC is a household name, she holds over 120 patents under her belt. Scrub Daddy and Squatty Potty are two of her most popular products. Scrub Daddy and Squatty Potty are among the most popular items which helped her earn the sum of $150 million.
6. Barbara Corcoran – $100 million
The last one last but not least Barbara Corcoran. She is the founder and CEO of The Corcoran Group, a brokerage company that has been operating since 1973. Alongside being an Shark Tank primary cast member on the ABC network as well as presenter of CNBC’s The Millionaire Broker With Barbara Corcoran.
Corcoran was a struggle in school due to the fact that she has dyslexia. But, she did manage to complete her college degree with an education degree. She began her career as teacher.
After one year of lecturing students, she decided to quit and held 20 jobs. Co-founded The Corcoran-Simone brokerage along with her ex-boyfriend. However, after their breakup and she left the company, she started her own.
Apart from establishing her own company as a business, she has also become an author and columnist. She is the writer of a weekly article that appears in The New York Daily News and has several books published. Barbara is also an advisor and a speaker. She’s a cautious investor however, the net worth of her is around $100 million.