ABC’s Shark Tank is famous for its unique concept of showcasing the process of pitching a business idea to wealthy investors in hopes of getting money for their startup. The investors, referred to as Sharks, have turned many aspiring entrepreneurs into millionaires. With the many success stories they have managed to help build, fans often ask which Shark is the wealthiest.
Shark Tank Cast Net Worth
1. Mark Cuban – $4.7 billion
Mark Cuban is the only billionaire on the show, which also makes him the main Shark. He is the co-founder of media company 2929 Entertainment and the owner of the Dallas Mavericks, a pro basketball franchise in the NBA. He also co-owns Magnolia Picture and Landmark Theaters.
At the age of 12, he started his first business because he wanted to buy a set of pricey basketball sneakers. So, he bought and sold garbage bags. He made money trading stamps and coins a few years later.
After graduating from business school, he worked on machines and networking at Mellon Bank. In 1999, Mark earned billions after investing in several multimedia platforms.
Later on, he sold his streaming service, Broadcast.com, for $5.7 billion to Yahoo. On Shark Tank, he often gives the most comprehensive insights that show why he has an estimated net worth of $4.7 billion.
2. Kevin O’Leary – $400 million
Also known as Mr. Wonderful, Kevin O’Leary is a businessman who has been in the entertainment sector for a long time. He is an entrepreneur and television presenter. He is also a politician who once pushed to be the head of the Conservative Party of Canada.
His mother was a small business executive and a proficient investor who kept her portfolio secret. After she passed away, Kevin learned of her investment techniques. His current portfolio, which includes saving one-third of his earnings, is a method he picked up from his mother.
In 1986, Kevin co-founded the tech company SoftKey Software Products, now called The Learning Company. O’Leary’s enterprise grew by acquiring rival businesses through takeovers.
He sold SoftKey for $4.2 billion to the toy company Mattel in 1999. After that, he worked as a host on a number of Canadian business talk shows. Now, as the second-richest Shark, his net worth is $400 million.
3. Daymond John – $350 million
Next on the list is Daymond John. He is a motivational speaker and business magnate who established the hip-hop clothing brand FUBU. He has been the company’s CEO from the start until it got famous. Another apparel line he helped reach mainstream popularity is Bombas.
When his parents split up, Daymond started working at ten years old. When he turned 16, his mom had a new partner, an attorney, whom he regarded as a mentor.
The young man planned to work on FUBU in their house. His mother agreed and even taught him how to sew. After his first business became a success, he tried other ventures.
John made Blueprint and Co, a coworking facility, and his Daymond On Demand training program. His reputation as a Shark helped him create a consulting firm, The Shark Group. With this, he is valued at $350 million.
4. Robert Herjavec – $200 million
Robert Herjavec is the owner of one of the most prominent cybersecurity companies in Canada, The Herjavec Group. He is a very familiar face in the space of televised investing. Before joining the cast of Shark Tank, he was a recurring figure in the British TV series titled Dragon’s Den.
He comes from a family of Croatian immigrants who settled in Toronto when Robert was eight. In the 1990s, He worked a range of minimum wage jobs to help his family.
Herjavec initially started with filmmaking but later transitioned to business by working for Logiquest and selling emulation boards. When Logiquest fired him, he created an internet security software integrator.
He developed BRAK Systems in his basement. In 2000, he sold it for $30.2 million to AT&T Canada, which rebranded the software as Allstream Inc. This became a major factor in his current fortune of $200 million.
5. Lori Greiner – $150 million
This accomplished woman is known for being a mastermind in creating and marketing successful products. She is dubbed The Queen of QVC for effectively sharing her expertise in the American shopping channel. Lori Greiner is also the founder and head of For Your Ease Only, Inc.
She started her career as a jewelry seller. Greiner invented and patented the J.C. Penney plastic earring organizer in 1996. Greiner’s business grew after her product was featured on the Home Shopping Network.
This sparked her to join QVC and produce the show Clever & Unique Creations. Lori continued to design and patent products. To date, she has made over 500 items and is considered an intellectual property expert.
As The Queen of QVC, she has over 120 patents to her name. The Scrub Daddy and Squatty Potty are two of the most popular products that helped her gain a wealth of $150 million.
6. Barbara Corcoran – $100 million
Last but not least is Barbara Corcoran. She is the creator of The Corcoran Group, a brokerage firm that has been in business since 1973. In addition to being a Shark Tank primary cast member on the ABC network, she is the host of CNBC’s The Millionaire Broker With Barbara Corcoran.
Corcoran struggled with school because she suffers from dyslexia. Still, she managed to graduate from college with a degree in education. She first started a career as a teacher.
After a year of lecturing students, she quit and worked 20 different jobs. She co-founded The Corcoran-Simonè brokerage with her ex-boyfriend. But after they broke up, she branched out on her own.
Apart from founding her own firm, she also became a columnist and author. She writes a weekly piece for the New York Daily News and has a few published books. Barbara also earns as a consultant and speaker. She’s a cautious investor, but her net worth is $100 million.