We’re Gonna Need a Bigger Boat: Here is the Net Worth of The Sharks in Shark Tank

We’re pretty sure you’ve encountered Shark Tank once in your life while scrolling through the channels of your cable television. The show’s premise is simple: You pitch your next billion-dollar idea to six of the greatest Entrepreneurs in the world, in the hopes that one (or more) will believe in your idea, give you funding, and help take your business to the next level. Sounds pretty simple right? Wrong! The Entrepreneurs or the “Sharks” are called sharks for a reason. They’re ruthless, extremely competitive, and downright intimidating. Are you curious about who they are and what makes them special? Here are the original sharks in Shark Tank:

Kevin O’Leary (Estimated Net Worth: $400 Million) 

Ah. We shall start with the most intimidating man of the bunch. Dubbed as Mr. Wonderful, Kevin has multi-billion dollar ventures under his helm. After he was fired for refusing to scrape the gum off the floor, O’Leary vowed to employ himself for his whole life. He served as a brand manager in Nabisco and soon after that; founded Special Event Television.

After his partner bought out his shares, he put up another venture, this time he called it SoftKey: A repackager of high-end business software. This is where the fun part began. Softkey succeeded, creating numerous rivals all over the country. By 1994 Softkey was a billion dollar business. In 1996 he bought The Learning Company for $606 Million; and by 1999 he sold his company to Mattel for a whopping $4.2 Billion. Currently, he has multiple businesses bearing his name: O’Leary Ventures, O’Leary Mortgages, O’Leary Books, and O’Leary Fine Wines. 

Daymond John (Estimated Net Worth: $300 Million) 

You may have seen rappers wearing shirts with “FUBU” printed across the chest. Daymond John is the man behind this clothing line. He created FUBU while he was waiting tables at Red Lobster, sewing the clothes and hats in his mother’s house in his off days.

Daymond knew the importance of resolving his weaknesses. He knew that to fill the gaps he has and partner with someone with a unique skill set. That’s exactly what he did. After partnering with Samsung America to scale up in Global distribution, he and FUBU climbed to a whopping $350 Million in sales, matching fashion giants such as Tommy Hilfiger. If you want to know about creating meaningful partnerships and fostering your brand image, Daymond is your best bet. 

Mark Cuban (Estimated Net Worth: $4.1 Billion) 

You would probably see him sitting courtside at a Dallas Mavericks game all the time. You would ask how he could afford it. He can afford it because he is the majority owner of that sports team! Cuban showed flashes of the entrepreneurial spirit while at a young age. He sold sets of trash bags to earn funds for a sneaker he wanted. On the side, he sold stamps and coins. In college, he purchased the most popular bar near Indiana University, which was eventually shut down. He then launched a company called MicroSolutions and sold it for $6 Million.

His biggest breakthrough is possibly Broadcast.com, an audio streaming service over the internet. Over the years, the website acquired a massive following. They sold it for $5.6 Billion Dollars to Yahoo!, making him a billionaire by the age of 37. Cuban purchased the Dallas Mavericks for $285 Million. Forbes lists the team as the fifth most profitable sports team in the world, valued at almost $685 Million. 

Barbara Corcoran (Estimated Net Worth: $80 Million) 

Dubbed as the crowd favorite, Barbara has a knack for helping businesses from day one until success. She built her career when she dated and borrowed $1,000 dollars from Ray Simone. She then soon launched her first apartment rental company. However, years down the line, the pair eventually split up with Simone telling Barbara she would never succeed without him. This lit a fire in her. 

Barbara minted her name in the history books after establishing Corcoran Group, the first female-run real estate company and effectively making $100 Million per year. Her priorities changed when her son was born. She realized that she was the top broker in New York and offered to sell her company for $66 Million. In a matter of days, NRT Inc. scooped up the company. 

Robert Herjavec (Estimated Net Worth: $200 Million) 

Robert never had it easy growing up. This is why at a young age, he jumped from one job to another just to make ends meet. Today, he is well known for being an important figure in Internet Security. He started BRAK systems in his basement, then sold RAMP Networks, a tech company, to Nokia for $225 Million. After getting out of hiatus, he started Herjavec Group, an IT integrator that provides computer security and storage for both private and public entities. It has then become one of the most important security companies in Canada. 

Lori Greiner (Estimated Net Worth: $100 Million) 

Possibly the most generous among the sharks; Lori holds over 120 U.S. patents, and had invented over 600 products. The key definition of who Lori is would be: an entrepreneur that invents products that solve a regular American’s daily problems.

After pushing her earring holder in J.C Penny stores, her company For Your Ease Only Inc., brought in over $1 Million in Sales. As of today, the company is valued at over $100 Million. Lori had stellar success in QVC, a free to air channel, boasting a 90% success rate over the 16-year run. Truly, she is the QVC queen in the tank. 

Total Net Worth: $5.18 Billion

That’s an impressive number. How about you, how much is your net worth going to grow a few years from now?