What is Kevin O’Leary’s net worth?
| Net Worth: | $400 Million |
|---|---|
| Age: | 68 |
| Born: | July 9, 1954 |
| Gender: | Male |
| Height: | 1.77 m (5 ft 10 in) |
| Country of Origin: | Canada |
| Source of Wealth: | Entrepreneur |
| Last Updated: | March 8, 2023 |
Introduction
As of March 2023, Kevin O’Leary’s net worth is estimated to be roughly $400 Million.
Terence Thomas Kevin O’Leary (aka Mr. Wonderful) is a Canadian author, businessman, and television personality from Montreal. O’Leary co-founded SoftKey and O’Leary Fund, which made him one of the most successful businessmen in the world.
Throughout his career, he has appeared on several TV shows including ‘Shark Tank’.
Early Life
Terence Thomas Kevin O’Leary was born in Montreal, Quebec on the 9th of July, 1954. O’Leary is the son of Georgette and Terry O’Leary.
His parents divorced when he was a kid, largely due to his father’s alcoholism. He was inspired by his mother to develop his interest in business and investing.
O’Leary received an honors bachelor’s degree in environmental studies and psychology from the University of Waterloo in 1977. He also received an MBA in entrepreneurship from the Ivey Business School at the University of Western Ontario in 1980.
Career
O’Leary began his career by spending time in the United States and Cambodia, where his stepfather was a student and a United Nations worker. He earned himself a bachelor’s degree in environmental studies from the University of Waterloo in 1977 and an MBA.
He interned at a company called Nabisco before he graduated, and after successfully finishing his internship, he began to work there as an assistant brand manager. During his time at Nabisco, O ’Leary developed marketing skills, which he credits for his later financial success in business.
In 1983, O’Leary co-founded a software company SoftKey International. The company acquired many producers of educational software and was reputed to be one of Canada’s fastest-growing companies.
The company was later sold to the American toymaker Mattel in 1999 for more than $3 billion. The acquisition turned out to be hugely unprofitable for Mattel, and O’Leary soon left the company. In 2008, he set up a mutual fund named O’Leary Funds, which he later sold in 2016.
O’Leary started his rise to celebrity status in 2006. He took a place on a panel of venture capitalists that passed judgment on hopeful entrepreneurs for the reality show ‘Dragons Den’.
In 2009, O’Leary filled the same role in ‘Shark Tank’ which was a big breakout for him in his career. He also appeared as a commentator for the Canadian television channel Business News Network.
In 2017, O’Leary announced his candidacy for leadership of Canada’s Conservative Party. He reminded some observers of U.S. Donald Trump. However, he quickly became a front-runner and dropped out from the race in April. He claimed that he would be unable to win the 2019 general election.
As of March 2023, Canadian Businessman, Kevin O’Leary’s estimated net worth is $400 Million dollars.
Personal Life
Kevin O’Leary is married to his wife Linda. The couple has two children: Savannah and Trevor.
Savannah is a filmmaker, and Trevor is an engineer at Elon Musk’s company, Tesla.
O’Leary owns homes in Toronto, Ontario, Florida, Miami Beach, Geneva, and Boston. He also owns vineyards in Napa, Washington State, and Sonoma, where they make their own wine.
He is also a citizen of UAE, which he said he obtained to do business there in an interview with CNBC.
Highlights
Here are some of the best highlights from Kevin O’Leary’s career:
- O’Leary Funds (Co-founded)
- SoftKey (Co-founded, 1980)
- SqueezePlay (TV-Show)
- Dragon’s Den (Tv-Show, 2006)
- Project Earth (TV-Show, 2008)
- Shark Tank (TV-Show, 2009)
- Conservative Party of Canada (2017)
Favorite Quotes from Kevin O’Leary
“What are the most important qualities that make a successful entrepreneur? The ability to communicate. The ability to express your idea with certainty. That’s how you become a leader even if you are unsure, your ability to explain your vision and your direction is the attribute you need the most. Articulate your idea in 90 seconds or less.” – Kevin O’Leary
“There is a discipline required as an entrepreneur about working to optimize the business. There is no balance in life as an entrepreneur. You can’t expect to work 9 to 5 that’s never going to happen. You have to expect that it is going to consume your life for a period of time. That’s the downside, but the upside is that you buy yourself freedom in perpetuity.” – Kevin O’Leary
“I’m not planning on giving my kids any of my wealth. They know when their education is over, I’m pushing them out of the nest. The bird you see dead under the nest is the one who didn’t think about the future.” – Kevin O’Leary
“Working 24 hours a day isn’t enough anymore. You have to be willing to sacrifice everything to be successful, including your personal life, your family life, maybe more. If people think it’s any less, they’re wrong, and they will fail.” – Kevin O’Leary
“I want to go to bed richer than when I woke up. The pursuit of wealth is a wonderful thing, but the thing is you have to be honest about it, you have to tell the truth.” – Kevin O’Leary
View our larger collection of the best Kevin O’Leary quotes!
Frequently Asked Questions
How much is Kevin O’Leary worth?
Kevin O’Leary’s net worth is estimated to be $400 Million.
How old is Kevin O’Leary?
Kevin O’Leary was born on July 9, 1954, and is currently 68 years old.
How tall is Kevin O’Leary?
Kevin O’Leary’s height is 1.77 m, which is equal to 5 ft 10 in.
Does Kevin O’Leary Have Siblings?
Mr. Wonderful has only one sibling, a brother called Shawn. Not much is known about him other than he is the brother of one of the wealthiest men on the planet.
Was Kevin O’Leary Born Poor?
O’Leary was not exactly born poor. His father, Terry O’Leary, was a salesman and his mother, Georgette, was a small business owner. So you could say that although his parents were not millionaires, they were not poor either.
Why Is Kevin O’Leary Called “Mr. Wonderful”?
O’Leary, who is known as “Mr. Wonderful” on Shark Tank, earned this nickname from Barbara Corcoran, who was also an investor in the team. Barbara’s comment was more of sarcasm and was meant to be a jab at Kevin. However, after many years on the show and in business, people started to associate Kevin with this nickname. It is still a nickname that Kevin O’Leary has today.
What Company Did Kevin O’Leary Start?
The first company O’Leary started was SoftKey Software Products, a software company that specializes in software for educational use. The company gained massive success, even acquiring an educational software company called The Learning Company, and was sold for $3 billion to Mattel, an American toymaking company.
Besides starting his own company, he’s had several successful projects, including O’Leary Funds and O’Leary Ventures.
Has Kevin O’Leary Written Any Books?
The Canadian businessman not only has multiple successful business ventures to his name, but he also has written several books about business and personal finance.
The first book O’Leary wrote was Cold Hard Truth on Business, Money, and Life was released in 2011. The book is a bestseller, and it focuses on how to be successful in business and life by providing readers with practical advice.
Was Kevin O ’Leary the Richest Shark?
Given Mr. Wonderful’s net worth, it’s easy to think that he was the richest shark on the show. However, Mark Cuban has an estimated net worth of $4.6 billion, making him the richest shark on the show.
Mr. Wonderful’s net worth is not anywhere close to that of Mark Cuban’s, however, he was said to be the second richest shark on the show.
His second book, also a bestseller, is Cold Hard Truth on Men, Women, and Money was released in 2013. The book provides tips for both genders on how they can be better with their finances.
He has written other books which have also been sellers, all of which focus on business, finances, family, relationships, and life.
How Many Times Did Kevin Appear on Shark Tank?
First, it’s worth mentioning that O ’Leary is a tv personality in addition to being a businessman.
He made his first appearance on Dragon’s Den, a Canadian reality TV show, in 2006. The show has the same theme as Shark Tank —a panel of investors listen to entrepreneurs pitch their products or services. If the investors like what they hear, they make an offer to invest in the business.
O’Leary appeared on Dragon’s Den until 2009, when he switched over to ABC’s Shark Tank, an American reality TV show.
Shark Tank was created by Mark Burnett, the same guy who produced Survivor and The Apprentice. O’Leary was a main cast member from 2009 to 2014 before he left the show to focus on his other ventures.
Other Shark Tank panel members O ’Leary worked with include: Mark Cuban, Daymond John, Lori Greiner, and Robert Herjavec.
Summary
Kevin O’Leary is famous for his direct and often abrasive approach with other entrepreneurs. He is currently hoping to cross over from business to politics as a candidate to become the leader of Canada’s Conservative Party.
He has worked with some of the best entrepreneurs and he has influenced many by his work.
As of March 2023, Kevin O’Leary’s net worth is estimated to be roughly $400 Million. O’Leary is one of the richest businessmen in the world.
SMART GUY BUT A BRUTAL BUSINESS MAN .When you make business with the Devil you will be the one that looses .Very rarely do you come out ahead with the devil and if you do you got out lucky. I still like him but he is all business .Money talks bullshit walks. A great guitar player as well.