|Net Worth:||$200 Million|
|Birthday:||Sep 14, 1962|
|Age:||60 years old|
|Height:||5.6 feet (173cm)|
|Occupation:||Businessman, TV-personality, Investor|
|Last Updated:||March, 2023|
Robert Herjavec, born in September 1962 in SFR Yugoslavia, is a Canadian businessman, author, investor and television personality known for his appearance in a show “Shark Tank“. In 2023 he is estimated to have a net worth of $200 million from his businesses and investments.
How Did Robert Herjavec Become Rich?
Robert Herjavec grew up in Varaždin and Zbjeg, SFR Yugoslavia (modern Croatia). When he was 8 his family was forced to leave the country and they moved to Canada, arriving with a single suitcase and only $20 to spare. They settled in Toronto later.
After graduating college in 1984 at the age of 22, Robert started his career in the film industry. He was lucky enough to work as a field producer at the 1984 Winter Olympics in Yugoslavia.
His career in filming was short-lived because he quickly moved to tech. Robert heard from his friend that tech companies were paying good money and he decided to interview for a tech company. Even though he was not qualified, they still gave him the job because he offered to work for six months without payment. This was an opportunity for him to learn everything about tech. Fortunately, he was able to grow his career and because president of the company until 1990 when he was fired.
Unlike other wealthy business people who were always passionate about business, Robert got into business in an attempt to pay his mortgage after being fired. He started a business with his business partner Warren Avis. However, he later sold his share for $60,000.
In 1990 Robert Herjavec started his internet security business BRAK Systems from his basement. The business grew and grew and Herjavec decided to sell it to AT&T Canada in 2000 for $30.2 million.
After selling his business he worked as a Vice President of Sales at Ramp Network for a few years. After the company was sold for $225 million to Nokia, Robert founded his own private firm The Herjavec Group in 2003 which is an information security services company. At the beginning the company had only 3 employees with $400 thousand in sales. Now it’s large Canadian technology company with hundreds of employees.
Robert Herjavec become rich through the technology business. He was first employed in the tech world before starting his businesses that later became a success.
What Is Robert Herjavec Net Worth?
A big part of Robert’s net worth came from the sale of his company. He sold BRAK for over $30 million and this was a big boost to his net worth. Apart from selling his previous company, he also makes money from his current company The Herjavec Group that is doing very well with recorded sales of over $200 million.
Apart from creating businesses, Robert Herjavec is now a celebrity venture capitalist. After appearing on Shark Tank, he has invested in several businesses. Some of the companies that he has invested in include PupBox, Mensch on a Bench, and Happy Feet. He gets money from this investment so he does not have to work on them.
Herjavec is likely to have lost some percentage of his net worth in a divorce settlement with Diane Plese. No one knows whether they had a prenup (prenuptial agreement) so the total amount of money he lost during the divorce settlement is rumored to be $50 – 70 million.
Robert also makes money from books that he has written. He is the author of How to Succeed in Business and Life, The Will to Win: Leading, Competing, Succeeding and You Don’t Have to Be a Shark: Creating Your Own Success. Apart from being an author, he speaks on business forums and this earns him more money as a speaker.
How Robert Herjavec Spends His Money?
Like other millionaires, Robert Herjavec has spent a lot of money on luxuries. He recently bought a brand new farmhouse-style house in the hood of hidden hills California. This comes after putting his previous house on the market for $17.5 million.
He likes racing and spends a good amount of money on cars. On one of his races, Robert crashed a Ferrari that was worth $350,000. Even after crashing the car, he was able to borrow another car and he finished his race. Herjavec likes speed cars and one of the cars that he likes to drive is a 2019 Porsche 911 Speedster. There are less than 2000 units of the car produced in total.
Apart from buying luxuries for himself, he also spends money on real estate. He recently bought an apartment condo in New York City. This will increase his net worth but it is still a good investment to own.
- Robert Herjavec was not a celebrity before Shark Tank. Herjavec was known in the business world in Canada but very few people knew about him. However, he gained celebrity status after joining the show. He is known as the “Kind Shark” on the show when compared to other sharks who can be ruthless on the show.
- Herjavec has been married twice. He was first married to Diane Plese from 1990-2016. After that, he got married to his current wife Kym Johnson in 2016. Kym is a professional ballroom dancer. The two met on dancing with stars and Herjavec admits that he was smitten by her.
- He has 5 kids: Haven Mae Herjavec, Brendan Herjavec, Sky Herjavec, Caprice Herjavec and Hudson Robert Herjavec.
- Robert Herjavec had hair transplant in 2018.