The Shark Tank cast are huge financial fish in a very small pond.
Now in its fifth season, ABC’s hit show Shark Tank follows hopeful entrepreneurs as they pitch their products to six self-made tycoons called Sharks, in hopes that one of those Sharks will agree to secure a business deal with them.
The Shark Tank cast, known lovingly as “the Sharks” include billionaire Mark Cuban, owner of the Dallas Mavericks and owner and chairman of AXS TV; real estate mogul Barbara Corcoran; inventor Lori Greiner; technology innovator Robert Herjavec; and fashion and branding expert Daymond John; and venture capitalist Kevin O’Leary.
The Sharks have been known to be quite biting in their response to some of the entrepreneurs who appear on the show, leading many viewers to wonder about the Shark Tank casts’ qualifications and just how they have become who they are today, beyond often harsh critics of others’ concepts or creations.
Sure, the Shark Tank cast can dish it out to the entrepreneurs who appear on the show, but can they back up their thoughts on potential business ventures with those entrepreneurs?
Mark Cuban Net Worth: $2.5 billion
Known as being as outspoken as he is influential in the cable and sports industries, Shark Tank cast member Mark Cuban’s net worth of $2.5 billion might explain why others listen when he talks. An author, investor, and tactical entrepreneur, Mark Cuban has founded HDNet, MicroSolutions, and Broadcast.com, as well as invested in a number of startups, garnering him the title of one of GQ’s Men of the Year in 2006 and helping him purchase the Dallas Mavericks in 2000.
Beyond his ownership of the team, Mark Cuban is currently the owner and chairman of HD net and HDNet Movies and co-owner of the Landmark Theater Chain, Magnolia Pictures and Magnolia Home Video. In addition to possessing incredible business smarts, Cuban may also be a psychic, as he predicted the dot com bubble burst and in preparation sold 100% of his Yahoo shared (valued at $163 per share, which eventually declined to $8.11 per share), netting himself an unbelievable fortune.
Barbara Corcoran Net Worth: $40 million
Corcoran’s estimated net worth of $40 million all started from a $1,000 loan she took from her boyfriend. Working twenty jobs by the time she was 23 years old, Corcoran decided to take the $1,000 loan and start a small real estate company in New York City.
Over the next 25 years, Barbara Corcoran transformed that loan into the five billion dollar real estate business The Corcoran Group, which enjoys a brand among the most recognizable in the industry.
The Shark Tank cast member Corcoran shares her wisdom in her three published books and serves a real estate contributor for the Today Show and CNBC, as well as a columnist for MORE Magazine, Redbook, and the Daily News.
Lori Greiner Net Worth: $50 million
Lori Greiner is one of the most successful inventors of retail products. She’s also as advocate for budding entrepreneurs.
Lori Greiner holds 120 U.S. and international patents and an estimated $50 million net worth. Lori Greiner has created more than 400 products from jewelry and cosmetic organizers to kitchen tools, and has served as a celebrity personality and host on QVC for nearly 20 years.
Also an author, Greiner is known throughout the industry for her legal and patent process expertise and as a speaker for the U.S. Patent & Trademark Office. Greiner’s products get quite the exposure, as they are sold throughout the U.S. and Europe, as well as featured by many top-selling magazines and such celebrities as Oprah.
Robert Herjavec Net Worth: $100 million
Epitomizing the rags to riches dream, Robert Herjavec emigrated from Croatia to Canada with his family as a young boy. When Herjavec learned that his mother, who could barely speak English, lost their family savings to a vacuum salesman, he vowed he would never let his family be taken advantage of again – a promise that he certainly fulfilled.
Herjavec launched his first technology company, BRAK Systems, in 1990, which was sold to AT&T in 2000 for $100 million, and then helped negotiate the sale of RAMP Network to Nokia for $225 million.
Today, the member of the Shark Tank cast heads the security software firm known as The Herjavec Group, enjoys an estimated net worth of $100 million, and spends a lot of his time at his own private island near Miami.
Daymond John Net Worth: $250 million
An expert in urban fashion and sportswear revolutionary, Daymond John has amassed his estimated net worth of $250 million as the founder, president, and CEO of FUBU, an apparel line known for its vibrant colors.
Growing up in Brooklyn with his mother, John knew he wanted to be in the apparel business from a young age, even asking his mother to teach him how to use a sewing machine to make his own tie-top hats, and then sell them on the streets of Queens. He eventually realized his ideas had potential and together with a friend began branding his apparel and using his home as a factory and office space.
FUBU was officially recognized in 1994 after a successful stint at an industry trade show, and a subsequent contract with Macy’s. By 1998, FUBU had $350 million in revenue in its vibrantly adorned pocket. To date, FUBU has earned more than $6 billion worldwide in revenue and John has earned himself the reputation as a branding and business expert.
Kevin O’Leary Net Worth: $300 million
O’Leary didn’t start out in the software industry with a net worth of $300 million. Rather, he started his company SoftKey Software Products in his Toronto basement, thanks to a $10,000 investment from his mother.
In just a few years’ time, SoftKey had bought out almost every one of its competitors, including The Learning Company (TLC) and in 1999, O’Leary sold the company to Mattel for $3.7 billion – one of the largest deals ever accomplished in the consumer software world.
As the founder of mutual fund company O’Leary Funds, of which he is now the chairman, the hard-hitting Shark Tank cast member known as “Mr. Wonderful” raises hundreds of millions from investors and is inspired by investments that are not only financially beneficial, but also environmentally friendly.
Shark Tank Cast combined net worth
The combined net worth of the entire Shark Tank cast is an estimated $3.24 billion dollars.
WATCH: Shark Tank cast does Funding Your Business seminar