ABC’s Shark Tank is famous for showcasing the process of entrepreneurs pitching their businesses to wealthy investors in the hopes of getting a deal. The investors, referred to as Sharks, have turned many aspiring entrepreneurs into millionaires. With the many success stories they have helped create, 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. Cuban 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 expensive 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 1990, Mark became a millionaire when he sold his first tech company, MicroSolutions for $6 million. He netted $2 million from the sale after taxes.
Later on, he sold a streaming service, Broadcast.com, to Yahoo for $5.7 billion. On Shark Tank, he often gives the best advice to entrepreneurs that show why he is worth $4.7 billion.
2. Kevin O’Leary – $400 million
Also known as Mr. Wonderful, Kevin O’Leary has appeared on Dragons Den Canada and has been on Shark Tank since season one! He is a successful businessman with a huge ego and loves a royalty deal! O’Leary once campaigned to become head of the Conservative Party of Canada.
His mother was a small business executive and a shrewd investor but kept her portfolio private. After she passed away, Kevin discovered her skill as an investor. Kevin’s mother believed in investing one-third of your earnings and he follows this advice to this day.
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.
In 1999, he sold SoftKey for $4.2 billion to the toy company Mattel. 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 founded the hip-hop clothing brand FUBU. Daymond has been the company’s CEO from the start until it broke into the mainstream. 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 along with Kevin O’Leary on Canada’s version of Dragon’s Den.
Robert comes from a family of Croatian immigrants who settled in Toronto when Robert was eight. In the 1990s, he worked a number of minimum wage jobs to help support 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 her ability to find hot products to sell on the popular American shopping channel. Lori Greiner is also the founder and head of For Your Ease Only, Inc.
She started her career as a playwright and later started selling jewelry. In 1996, Greiner invented and patented the J.C. Penney plastic earring organizer. Greiner’s business grew after her product was featured on the Home Shopping Network. This allowed her to pay off a $300,000 loan in 18 months!
This sparked her to join QVC and produce the show Clever & Unique Creations. Lori continued to design and patent products. As The Queen of QVC, she has over 120 patents to her name.
She joined Shark Tank in 2012 and is arguably one of the top Sharks on the show. Scrub Daddy and Squatty Potty are two of her most successful deals that helped her build a $150 million fortune.
6. Barbara Corcoran – $100 million
Last but not least is Barbara Corcoran. She founded The Corcoran Group, a brokerage firm that has been in business since 1973. In addition to being a main cast member on Shark Tank, 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. Barbara started her career working 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 published a few books. Barbara also earns extra income as a consultant and speaker. She’s a cautious investor, but her net worth is $100 million.
