| Net Worth: | $300 Million |
|---|---|
| Date of Birth: | September 14, 1963 (60 years old) |
| Gender: | Male |
| Height: | 5 ft 9 inches tall |
| Profession: | On air personalty, businessman, and investor |
| Nationality: | Canada |
What is Robert Herjavec’s net worth?
Robert Herjavec is a Canadian On air personality, businessman, and investor who has a net worth of $300 million. He is well-recognized for her performance on Shark Tank, a famous reality TV business program.
Robert and his fellow “Sharks” evaluate startup business plans and ideas presented by contestants on the show. Also, he made an appearance in Dragon’s Den in Canada.
He is a really successful businessman in addition to his capacity as a television personality. The venture investor is one of the most illustrious success stories of an immigrant to Canada who founded an incredible empire centered on internet security.
Early Life
On the 14th of September, 1962, Robert Herjavec was born in Varaždin, Canada. He later immigrated to Canada from present-day Croatia at the age of eight. The Herjavec family, notably his father, had a difficult time growing up in the former Yugoslavia.
Because he opposed communism, the family patriarch frequently ended up in jail. The family’s search for new prospects in Canada was spurred, in part, by this. The family came to the country with just $20 and one bag, said Robert Herjavec.
When they eventually relocated to Toronto, Robert enrolled in school while his father worked in a neighboring factory. When Robert first came, he hardly knew any English, and his classmates frequently made fun of him.
In addition, he battled with being in a lesser socioeconomic class than many other Canadians. After moving, the family spent more than a year living in a basement.
Robert obtained his University of Toronto diploma in 1984. His academic degree didn’t reflect his future success as a significant entrepreneur, despite the fact that he would eventually do so.
A political scientist and English literature major, he graduated from postsecondary education. As these skills weren’t instantly marketable for lucrative positions, Robert was forced to take a variety of minimum-wage jobs in order to maintain his family, including delivering newspapers, waiting tables, and other menial labor.
Internet Security
Robert was able to get employment in the film industry as a third AD (assistant director), but the schedules were erratic and there were lengthy gaps between movies.
He discovered himself looking for a variety of jobs to keep making money throughout these intervals. One of these occupations included promoting computer hardware for a business called Logiquest.
Despite his lack of qualifications, he was able to persuade management to hire him as an unpaid intern for a period of six months. He quickly ascended the corporate ladder to become the business’s general manager.
Entrepreneurial Success
In 1990, Robert quit Logiquest to create BRAK Systems, his own business. Robert started the business out of his basement and it was a specialist in internet security software.
In 2000, AT&T Canada acquired BRAK Systems for more than $30 million, ten years after the company’s creation.
Before starting his own company once more in 2003, Robert took a break from entrepreneurial activities to work as the VP of Sales at Ramp Network.
The Herjavec Group was the businessman’s following venture. Robert’s most lucrative business endeavor would turn out to be this endeavor, which by 2020 was one of Canada’s fastest-growing software corporations. The organization specializes in providing services and solutions for internet security.
Moreover, it is Canada’s largest supplier of IT security services. Although the business began relatively modestly, with $400,000 in sales in its first year, these figures have now risen. The Herjavec Group was said to bring approximately $200 million a year in sales as of 2017.
Shark Tank
Due to his appearances on both Dragon’s Den and Shark Tank, Robert Herjavec became well-known. He is joined on the latter by fellow “Sharks” Mark Cuban, Kevin O’Leary, Daymond John, Barbara Corcoran, and Lori Greiner.
Robery has backed numerous candidates’ ideas during the competition. He put $100,000 into Tipsy Elves in exchange for a 10% stock share, which turned out to be one of his best investments.
When it was revealed in 2018 that the company had made $70 million in sales since its founding, it was clear that this was a wise financial move.
Relationship
Robert Herjavec wed Diane Plese, his first wife, in 1990. They divorced after a 24-year union during which they had witnessed Herjavec’s business triumphs.
A divorce was formally finalized two years later. The couple gave birth to three children—two daughters and a son—during their partnership.
Although his ex-wife got payments following the divorce, the amount was doubled in 2019 after a judge mandated that Robert pay further damages. Diane Plese received $25 million in total.
Robert reportedly struggled with suicidal thoughts and depression after the divorce had a significant negative impact on his mental health.
He increased his involvement in charitable work during this time and made substantial donations to a Seattle homeless shelter.
On the 20th season of Dancing with the Stars in 2015, Robert Herjavec competed. An Australian dancer named Kym Johnson served as his partner. The two took sixth place in the standings. In the future, Kym would marry him. Their twins entered the world in 2017.
Awards
The Ontario Ernst & Young Entrepreneur of the Year Award in the field of Technology was given to Robert Herjavec in 2012. He received the Queen Elizabeth II Diamond Jubilee Medal for Extraordinary Service to Canada in the same year.
Real estate
While still wed to Diane Blese, Robert purchased a $7 million property on The Birdle Walk, a posh area of Toronto, in the year 2000. In March 2020, he fetched $17,4 million for this house.
For a house in Hidden Hills, California, Robert paid $14.6 million in 2019. He placed a $17.25 million listing for this house in February 2021. May 2021 saw him accept $17 million.
Robert was discovered to be the purchaser of a 6,200-square-foot New York City condo in the One57 building in July 2021.
Robert purchased the condo for $34.5 million, which was far less than the $45 million the property had been asking for a year before.
His $34.5 million is almost $13 million less than what the seller paid in 2015. The fact that the seller was represented by Robert’s “Shark Tank” co-real star’s estate company, The Corcoran Group, maybe the most significant.
Robert acquired a brand-new mansion in Hidden Hills in January 2023.
His brand-new mansion is 14,700 square feet, sits on 7.4 acres, and cost $26 million. Here is a video tour of his Hidden Hills home:
Together with a residence in his hometown of Toronto, Robert, and Kym also own a holiday home in Newport Beach, California.
Here on Networthforum, we calculate all net worths using data drawn from public sources. We often incorporate tips and feedback from individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of Robert Herjavec. So feel free to check back for the current Robert Herjavec net worth in case of any updates on his net worth.
Leave a Reply