|Net Worth:||$200 Million|
|Birthday:||Sep 14, 1962|
|Age:||59 years old|
|Height:||5.6 feet (173cm)|
|Occupation:||Businessman, TV-personality, Investor|
|Last Updated:||September, 2021|
Robert Herjavec, born September 1962 is a Canadian businessman, author, investor, and television personality. He is known for his appearance on Shark Tank on ABC where he features himself as an investor. Robert Herjavec has invested heavily in information technology and lately, he is a renowned business speaker. He is known as a serial entrepreneur who has started and invested in many businesses. In the business world, he is known for being the founder of the Herjavec Group. In 2021, he is estimated to have a net worth of $200 million from his businesses and investments.
How Did Robert Herjavec Become Rich?
Herjavec grew up poor. He came with his parents from Yugoslavia in a boat. However, that did not prevent him from becoming the wealthy businessman and investor he is today. After graduating college at the age of 22, Robert started his career in the film industry. He was lucky enough to work as a field producer in 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. After that, he started his internet security business BRAK Systems from his basement. The business grows to over $30 million and it was eventually sold for over $200 million to Nokia.
He took a few years off after selling his business but later came back to start Herjavec Group an information security services company. Just like other companies, this one too has been a success and it records annual sales of up to $150 million.
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 the company for over $200 million and this was a big boost to his net worth. Apart from his company, he also makes money from his current company Herjavec Group that is doing very well with recorded sales of up to $150 million.
Apart from creating businesses, he 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. The two live in Canada where spouses share property in half. They got married in 2000 so there is a chance that his wife got half of his net worth. However, 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 definitely spends a good amount of money on homes and he is always on the move.
He likes racing and spends a good amount of money on cars. On one of his races, he 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 so this is a big deal.
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.
- He 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 from 1990-2016. After that, he got married to his current wife Kim Johnson in 2016. Kim is a professional ballroom dancer. The two met on dancing with stars and Herjavec admits that he was smitten by her.
- He loves his family and when he made money he wanted to pay his parent’s mortgage. However, his mother could not allow him to do that and instead, he opted to buy a Cadillac for his dad. This was a big deal and his dad has kept the car.