Robert Herjavec net worth: How Much Does Shark Tank Pay Robert herjavec?

Robert Herjavec net worth: The Herjavec Group, a rapidly expanding security software company, was founded by Canadian entrepreneur and TV celebrity Robert Herjavec. Originally from Croatia, he emigrated to Canada as a child with his impoverished parents and settled in Montreal.

The rigors of working and making ends meet in Canada taught him a lot about life in the workforce at an early age. During this time, he also had the opportunity to work for a new technological business, but only after successfully persuading its founder to allow him to do so for free.

A few years later, he used those lessons learned to launch his first technology company, which he later sold for a tidy profit. A short time after his retirement, he founded what is now Canada’s fastest-growing technology company, “The Herjavec Group.

” Also, he is a well-known face on television, where you may have seen him on a variety of business pitch shows. Most of his time is spent running his firm, appearing on business-related television shows, and spending quality time with his family.

As a classic “rags to riches” narrative, he is one of the most well-known business figures not just in his home nation but also around the globe today. He is also a well-known author, having written two best-selling books.

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Early Life

Robert Herjavec arrived in Canada at the age of eight from what is now Croatia. Herjavec’s family had a difficult time growing up in the old Yugoslavia, especially his father.

When he spoke out against communism, the family patriarch was frequently imprisoned. This was one of the main reasons the family decided to go to Canada in pursuit of better prospects. A single suitcase and just $20 in their wallets, according to Robert Herjavec, were the family’s only possessions upon arrival.

Robert went to school in Toronto, where his father worked in a local factory, while his mother cared for the family. When Robert first came, he could scarcely communicate in English and was regularly teased by his peers.

He also had to deal with the fact that he was in a lower socioeconomic bracket than most Canadians. After arriving in the United States, the family had to reside in a basement for over a year.

When Robert graduated from the University of Toronto in 1984, he was a young adult. His academic background did not reflect his future success as a great entrepreneur, though.

An English literature and political science degree were among his post-secondary school achievements.

Because these skills weren’t readily transferable to higher-paying employment, Robert was forced to work odd jobs like waiting tables and delivering newspapers to make ends meet for his family.

Robert Herjavec net worth
Robert Herjavec net worth

Internet Security: My First-Hand Experiences

As a third assistant director in the film industry, Robert got work, but the schedules were erratic and the films were separated by a lengthy time.

In order to keep earning money while on vacation, Robert Herjavec applied for a variety of professions. For a company called Logiquest, one of these positions was selling computer equipment.

He convinced management to take him on as an unpaid intern for six months, despite his lack of qualifications. He quickly rose through the ranks to become the company’s general manager.

Success in the Early Stages of Business

As a result of his departure from Logiquest in 1990, Herjavec founded BRAK Systems. Robert founded the company, which specialized in internet security software, in his basement.

AT&T Canada purchased BRAK Systems in 2000 for about $30 million, ten years after the company was founded. Before relaunching his own company in 2003, Robert worked as the VP of Sales at Ramp Network for a brief period of time.

The Herjavec Group was the next venture for the businessman. In 2020, Robert’s software company was one of the fastest-growing in Canada, making it one of his most successful ventures. The company’s main focus is on internet security. It’s also the largest IT security service company in Canada.

In its initial year of operation, the company made just $400,000 in revenue, but these numbers have since risen significantly. According to a 2017 study, The Herjavec Group was making $200 million a year.

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Role as a Television Personality

How Much Does Shark Tank Pay Robert herjavec? Shark Tank and Dragon’s Den were regular stops for Robert Herjavec. He’s put money into a number of the concepts put out by the contestants. For $100,000, he received a 10% stake in a company called Tipsy Elves.

As of 2018, the company had generated $70 million in revenues since its launch. This was a smart financial decision. Robert Herjavec appeared on Dancing with the Stars 20th season in 2015.

He placed 6th in the competition with his partner, an Australian dancer who would go on to marry him.

Self-help and financial guidance are two genres in which Robert Herjavec has produced a number of books. The book, Driven: How to Succeed in Business and Life, was published in 2010.

When he published The Will to Win: Leading, Competing, and Succeeding in 2013, he also conducted a series of seminars based on the themes of this book. His third book, You Don’t Have to Be a Shark: Creating Your Own Success, was released in 2016 and is available on Amazon.

Personal Life

Robert Herjavec married Diane Please in 1990. Herjavec and his wife divorced after 24 years of marriage, during which time they witnessed Herjavec’s entrepreneurial triumphs together. The divorce was finalized two years later. Three children were born to the couple throughout their time together: two daughters and a son.

In 2019, a judge ordered Robert to pay more compensation, even though his ex-wife had received money as a result of the divorce. Diane Please received a total of $25 million in compensation.

Herjavec’s mental health was severely affected by the divorce, and he was reportedly depressed and suicidal. A Seattle homeless shelter received a significant donation from Herjavec during this period.

He eventually met his second wife, Kym, on the set of Dancing with the Stars. The couple became parents to twins in 2017. In Toronto, Robert has a $7.5 million house.

Robert Herjavec net worth

Robert Herjavec net worth: Robert Herjavec net worth Canadian tycoon Robert Herjavec has an estimated net worth of $200 million as a businessman, investor, and television personality.

People may recognize Robert from his appearances on the hit television show Shark Tank, where he evaluates the company plans and concepts of up-and-and-coming entrepreneurs. Dragon’s Den is a Canadian counterpart of the show that he previously featured on.

Herjavec is a successful entrepreneur in addition to being a well-known television personality. A venture entrepreneur who founded one of Canada’s most illustrious internet security companies has made a fortune for himself as a Canadian immigrant.

Awards

He was named Ernst & Young Entrepreneur of the Year in Ontario for Technology in 2012. For his contributions to Canada, Herjavec was awarded Queen Elizabeth II, Diamond Jubilee Medal, in 2013.

Real Estate

For $14.6 million, Robert bought a house in Hidden Hills, California, in 2019. It was put on the market for $17.25 million in February of that year. In May of 2021, he agreed to accept $17 million.

One57, a six-story New York City apartment skyscraper, was reported to be the buyer in July 2021, when Robert was confirmed to be the buyer.

Robert paid $34.5 million, which was significantly less than the $45 million the business had sought just a year before. Robert paid. His $34.5 million is about $13 million less than the seller paid for the property last year.

Most significantly, Robert’s Shark Tank co-star The Corcoran Group represented the sale!

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