How much is Kevin O’Leary’s net worth?
| net worth: | $400 million |
|---|---|
| age: | 70 |
| Birth: | July 9, 1954 |
| gender: | Male |
| Height: | 1.77 m (5 ft 10 in) |
| country of origin: | Canada |
| Source of funds: | entrepreneur |
| Last Updated: | August 15, 2024 |
Introduction
Kevin O’Leary’s net worth is estimated to be around $400 million.
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Terrence Thomas Kevin O’Leary (aka Mr. Wonderful) is a Canadian author, businessman and television personality from Montreal. O’Leary co-founded SoftKey and the O’Leary Fund, which made him one of the world’s most successful businessmen.
During his career, he has appeared on several TV shows including ‘Shark Tank.’
Early Life
Terrence Thomas Kevin O’Leary was born in Montreal, Quebec on July 9, 1954. O’Leary is the son of Georgette and Terry O’Leary.
His parents divorced when he was a child, mainly due to his father’s alcohol addiction. He got inspiration from his mother and developed an interest in business and investing.
O’Leary received a bachelor’s degree in environmental studies and psychology from the University of Waterloo in 1977. He also received an MBA in entrepreneurship from the Ivey Business School at the University of Western Ontario in 1980.
Livelihood
O’Leary began her career spending time in the United States and Cambodia, where her stepfather was a student and a United Nations worker. She earned a bachelor’s degree in environmental studies and an MBA from the University of Waterloo in 1977.
He did an internship at a company called Nabisco before graduation and after successfully completing his internship, he started working there as an assistant brand manager. During his tenure at Nabisco, O’Leary developed marketing skills, which he credits for his financial success later in business.
In 1983, O’Leary co-founded a software company called SoftKey International. The company acquired several educational software producers and became one of Canada’s fastest-growing companies.
The company was later sold to American toy manufacturer Mattel in 1999 for over $3 billion. The acquisition proved to be a huge loss-making deal for Mattel and O’Leary left the company soon after. In 2008, he founded a mutual fund called O’Leary Funds, which he later sold in 2016.
O’Leary began achieving celebrity status in 2006. He earned a place on a panel of venture capitalists who passed judgement on potential entrepreneurs for the reality show ‘Dragons’ Den.’
In 2009, O’Leary played the same role in ‘Shark Tank’ which was a major breakthrough for his career. He has also appeared as a commentator for the Canadian television channel Business News Network.
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In 2017, O’Leary announced his candidacy for the leadership of the Conservative Party of Canada. He reminded some observers of the American Donald Trump. However, he quickly became a front-runner and dropped out of the race in April. He claimed he would be unable to win the 2019 general election.
Canadian businessman Kevin O’Leary has an estimated net worth of $400 million.
personal life
Kevin O’Leary is married to his wife, Linda. They have two children: Savannah and Trevor.
Savannah is a filmmaker and an engineer at Trevor Elon Musk’s company Tesla.
O’Leary has homes in Toronto, Ontario, Florida, Miami Beach, Geneva and Boston. He also has vineyards in Napa, Washington State and Sonoma, where he makes his own wines.
He is also a citizen of the United Arab Emirates, telling CNBC in an interview that he had obtained the citizenship to do business there.
Highlights
Here are some of the best highlights of Kevin O’Leary’s career:
- O’Leary Funds (co-founded)
- Softkey (co-founded, 1980)
- Squeezeplay (TV show)
- Dragons’ Den (TV show, 2006)
- Project Earth (TV show, 2008)
- Shark Tank (TV show, 2009)
- Conservative Party of Canada (2017)
Frequently Asked Questions
How much is Kevin O’Leary’s net worth?
Kevin O’Leary’s net worth is estimated at $400 million.
How old is Kevin O’Leary?
Kevin O’Leary was born on 9th July 1954 and currently, he is 70 years old.
How tall is Kevin O’Leary?
Kevin O’Leary has a height of 1.77 m, which is equivalent to 5 feet 10 inches.
Does Kevin O’Leary have any siblings?
Mr. Wonderful only has one brother, named Sean. Not much is known about him, except that he is the brother of one of the richest men in the world.
Was Kevin O’Leary born poor?
O’Leary wasn’t actually born poor. His father Terry O’Leary was a salesman and his mother Georgette was a small businesswoman. So you can say that although his parents weren’t millionaires, they weren’t poor either.
Why is Kevin O’Leary called “Mr. Wonderful”?
O’Leary, who is known as “Mr. Wonderful” on Shark Tank, earned this nickname from Barbara Corcoran, who was also an investor in the team. Barbara’s comment was sarcastic and meant to take a dig at Kevin. However, after several years on the show and in the business, people started associating Kevin with this nickname. It is still Kevin O’Leary’s nickname today.
What company did Kevin O’Leary start?
The first company O’Leary started was SoftKey Software Products, a software company that created software for educational use. The company enjoyed massive success, even acquiring an educational software company called The Learning Company, and was sold to an American toy maker called Mattel for $3 billion.
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In addition to starting his own company, he has also launched several successful projects including O’Leary Funds and O’Leary Ventures.
Has Kevin O’Leary written any books?
The Canadian businessman not only has several successful business ventures to his name, but he has also written several books about business and personal finance.
The first book written by O’Leary is Cold Hard Truth on Business, Money, and Life which was published in 2011. The book is a bestseller, and it focuses on ways to succeed in business and life by providing practical advice to readers.
Was Kevin O’Leary the richest shark?
Looking at Mr. Wonderful’s net worth, it’s easy to think he was the richest shark on the show. However, Mark Cuban has an estimated net worth of $4.6 billion, making him the richest shark on the show.
While Mr. Wonderful’s net worth isn’t as high as Mark Cuban’s, he was, nevertheless, reported to be the second-richest shark on the show.
Her second book, which is also a bestseller, was published in 2013, called The Cold Hard Truth on Men, Women, and Money. The book offers tips for both genders on how they can improve their finances.
He has also written other books that have sold well, all of which focus on business, finance, family, relationships, and life.
How many times has Kevin appeared on Shark Tank?
First of all, it is pertinent to mention that O’Leary is a TV personality in addition to being a businessman.
He made his first appearance on the Canadian reality TV show Dragons’ Den in 2006. The show has a similar theme to Shark Tank – a panel of investors listen to entrepreneurs pitch their products or services. If the investors like what they hear, they make an offer to invest in the business.
O’Leary appeared on Dragons’ Den until 2009, when he joined ABC’s Shark Tank, an American reality TV show.
Shark Tank was created by Mark Burnett, the same person who created Survivor and The Apprentice. O’Leary was a main cast member from 2009 to 2014, after which he left the show to focus on his other ventures.
Other Shark Tank panel members with whom O’Leary worked include: Mark Cuban, Daymond John, Lori Greiner, and Robert Herjavec.
Summary
Kevin O’Leary is known for his straightforward and often harsh dealings with other entrepreneurs. He is currently hoping to move from business to politics as a candidate to become leader of the Conservative Party of Canada.
He has worked with some of the best entrepreneurs and has influenced many people with his work.
Kevin O’Leary’s net worth is estimated to be around $400 million. O’Leary is one of the richest businessmen in the world.
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Category: Net worth