Marcus Lemonis, owner of a recreational vehicle dealership chain worth a reported $3 billion, is also the host of CNBC’S The Profit, where he invests in failing businesses he deems worthy in Shark Tank-esque manner.
Lemonis, similar to the investors in Shark Tank also known as “The Sharks,” is worth a sizeable amount of money thanks to his billion dollar business and successful television show.
According to Forbes, as CEO of Camping World and Good Sam Enterprises, Lemonis leads 6,000 employers in 100 different cities in the U.S. Lemonis got his start buying more than “100 RV companies from ‘mom and pop’ dealerships across the country and turning them into Camping World RV SuperCenters.”
As a result, Lemonis has the expertise to be a popular reality television show host and investor through CNBC’s The Profit.
Lemonis has reportedly spent has spent more than $7,000,000 of his own money investing in companies featured on the series, Forbes said.
He lives well; in 2013 he spent nearly $5,000,000 for his second home that’s directly across from his first multi-million dollar estate in Lake Forest, Illinois. It’s also speculated he owns a million dollar three-bedroom home in Cape Cod, according to ChicagoBusiness.com.