Entrepreneurs
Ladd Drummond Net Worth
| Net Worth: | $200 Million |
|---|---|
| Age: | 57 |
| Born: | January 22, 1969 |
| Gender: | Male |
| Height: | 1.80 m (5 ft 11 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Rancher |
| Last Updated: | Jul 14, 2026 |
Introduction
Ladd Drummond is an American cattle rancher with an estimated net worth of $200 Million.
The Oklahoma native Ladd Drummond inherited the bulk of his fortune from his family, who have previously been mentioned as the 23rd-largest private landowners in the United States of America. He’s a fourth-generation rancher and descendant of Scottish immigrant Frederick Drummond. Ladd’s wife, Ree, is also a successful blogger and TV personality.
This profile outlines our research into Ladd Drummond’s net worth, income sources, and real estate investments.
Drummond Land & Cattle Co.
While Drummond Land & Cattle Co. is Ladd Drummond’s primary business today, it’s important to understand its origins. His great-great-grandfather, Frederick Drummond, emigrated from Scotland to the United States in the 1860s, settling in Osage County, now known as Oklahoma.
Frederick founded the Hominy Trading Company in 1903, which operated as a general store, selling groceries, clothing, and hardware. It was during this time that he began buying up land in Oklahoma. When Frederick died in 1913, his sons Roy Cecil, Frederick Gentner, and Jack Drummond inherited a reported 1,200 acres of land. R.C. and Jack founded Drummond Cattle Co., and Frederick Jr. took over control of the Hominy Trading Company.
The business was ultimately kept in the family, being passed down from generation to generation, with Ladd and his brother Tim eventually taking over. By 2017, the Drummond family reportedly owned 433,000 acres of land, making them the 23rd-largest landowners in the United States of America.
Income Sources
Owning a lot of land isn’t exactly a money printer, especially since most of the Drummond family’s land is undeveloped. It primarily consists of open pasture grassland, woodland, roads, and various barns/equipment buildings. However, aside from the main cattle ranch, Ladd Drummond earns considerable income from government contracts and subsidies.
Government Contracts
Drummond Land & Cattle Co. holds several government contracts with the Bureau of Land Management National Office to provide pasture for wild horses and donkeys. According to the official data, we can see that the business has been awarded federal funding in the amount of $39.4 million since 2003, with the ten biggest annual sums being as follows:
- 2015 – $3.7 million
- 2021 – $3.7 million
- 2009 – $3.5 million
- 2010 – $2.6 million
- 2018 – $2.1 million
- 2014 – $2.1 million
- 2005 – $2 million
- 2019 – $1.9 million
- 2020 – $1.9 million
- 2007 – $1.9 million
Agricultural Subsidies
Additionally, the ranch earns an income from agricultural subsidies through the USDA farm program, though the total subsidies pale in comparison to its federal contracts. According to the EWG.org website, Drummond Land & Cattle Co. has received a total of $1,886,899 in commodity and disaster subsidies since 1995.
Entrepreneurs
Robert Herjavec Net Worth
| Net Worth: | $300 Million |
|---|---|
| Age: | 62 |
| Born: | September 14, 1963 |
| Gender: | Male |
| Height: | 1.71 m (5 ft 7 in) |
| Country of Origin: | Croatia |
| Source of Wealth: | Entrepreneur |
| Last Updated: | Jul 14, 2026 |
Introduction
Robert Herjavec is a Croatian-born Canadian investor, businessman, and television personality with an estimated net worth of $300 Million
Before Wealth & Fame
Believe it or not, Robert Herjavec’s career began in the film industry as an assistant director. He worked behind the scenes on numerous productions, including The Return of Billy Jack and Cain and Abel. He also served as a field producer with Global TV for the 1984 Winter Olympic Games in Sarajevo, Bosnia.
A couple of years later, Herjavec learned of an opening at a computer startup called Logquest, which sold IBM mainframe emulation boards. The job paid $30,000 per year, but he was underqualified for the position. Still, Herjavec managed to secure the job by offering to work for free for the first six months. To keep food on the table, he waited tables during the evenings until Logquest paid him a full-time salary. Robert quickly rose to become president of the company, but was fired in 1990.
BRAK Systems
Following his dismissal, Robert Herjavec launched his first major company, BRAK Systems, which was one of Canada’s first cybersecurity companies. The company helped Canadian businesses procure and integrate network security solutions, and was operated entirely out of Herjavec’s basement. Ten years later, in 2000, AT&T acquired BRAK Systems for $30.2 million.
The Herjavec Group
After AT&T acquired BRAK Systems, Robert Herjavec became the vice president of Ramp Network, though the company was sold to Nokia for $126 million just several months later.
In 2003, now with a substantial amount of money to his name, Robert Herjavec founded the Herjavec Group, which quickly became one of the fastest-growing technology companies in Canada. The business also operates in the cybersecurity industry and has since merged with Fishtech Group and rebranded to Cyderes. The company currently reports annual revenues of $108.4 million and employs 425 people.
Apax Partners acquired a majority stake in The Herjavec Group in 2021, but Robert is believed to still hold a stake in the company. He also continued to serve as the CEO of Cyderes until 2024.
Shark Tank
By the time Robert Herjavec joined Shark Tank in its debut season in 2009, he already had a net worth in the tens of millions of dollars. Before Shark Tank began airing, Herjavec had actually been involved in Canada’s Dragon’s Den since 2006. He joined fellow sharks Daymond John, Lori Greiner, Mark Cuban, Barbara Corcoran, and Kevin O’Leary.
Thus far, Herjavec has starred in all seventeen seasons of Shark Tank, appearing in 323 episodes. According to our research, he’s invested approximately $7.58 million in 39 companies that have pitched in the tank. Several reports suggest that Herjavec has invested more than $16 million, but they also include failed post-show negotiations. Not every deal that’s accepted on the show actually gets finalized. Here’s a list of the companies that accepted Herjavec’s offer on the show, but ultimately fell through afterward:
- Gift Card Rescue
- Soy-Yer-Dough
- Mod Mom Furniture
- Hill Billy Brand
- Orig Audio
- You Smell Soap
- Focus Designs
- Henry’s Humdingers
- Oru Kayak
- Kronos
- Zero Pollution Motors
- SynDaver Labs
Shark Tank Investments
| Company | Investment | Equity | Episode |
|---|---|---|---|
| SignalVault | $100,000 | 12.5% | S.7 Ep.1 |
| Breathometer | $200,000 | 6% | S.5 Ep.2 |
| Genius Litter | $83,333 | 2.66% | S.15 Ep.13 |
| Lollacup | $50,000 | 20% | S.3 Ep.12 |
| Red Dress Boutique | $600,000 | 5% | S.6 Ep.5 |
| Buena Papa | $400,000 | 19% | S.15 Ep.4 |
| ChordBuddy | $175,000 | 20% | S.3 Ep.9 |
| CoinOut | $250,000 | 15% | S.9 Ep.23 |
| Freeloader | $200,000 | 33% | S.5 Ep.3 |
| Lumio | $350,000 | 10% | S.6 Ep.6 |
| Tipsy Elves | $100,000 | 10% | S.5 Ep.12 |
| Supermix Studio | $250,000 | 20% | S.12 Ep.6 |
| PaddleSmash | $250,000 | 20% | S.15 Ep.4 |
| Grill Charms | $50,000 | 20% | S.1 Ep.107 |
| My Therapy Journal | $40,000 | 25.5% | S.1 Ep.105 |
| Jump Forward | $300,000 | 25% | S.1 Ep.11 |
| Grease Monkey Wipes | $20,000 | 20% | S.1 Ep.12 |
| Toygaroo | $100,000 | 20% | S.2 Ep.2 |
| Buggy Beds | $50,000 | 5% | S.4 Ep.2 |
| Back 9 Dips | $75,000 | 12.5% | S.4 Ep.4 |
| Ruck Pack Combat Nutrition | $75,000 | 10% | S.4 Ep.10 |
| Coffee Joulies | $37,500 | N/A | S.4 Ep.13 |
| Hoodie Pillow | $90,000 | 20% | S.4 Ep.15 |
| Nuts 'N More | $125,000 | 17.5% | S.4 Ep.20 |
| Geek Chic | $300,000 | 25% | S.4 Ep.25 |
| Postcard on the Run | $300,000 | 25% | S.5 Ep.1 |
| Hamboards | $300,000 | 33% | S.5 Ep.4 |
| YUBO | $75,000 | 7.5% | S.5 Ep.10 |
| Wall Rx | $150,000 | N/A | S.5 Ep.14 |
| LockerBones | $87,500 | 25% | S.5 Ep.14 |
| Revolights | $150,000 | 10% | S.5 Ep.19 |
| Happy Feet | $375,000 | 25% | S.5 Ep.23 |
| The Natural Grip | $125,000 | 25% | S.6 Ep.8 |
| The Mensch on a Bench | $75,000 | 7.5% | S.6 Ep.14 |
| Doorman | $250,000 | 15% | S.6 Ep.13 |
| Drain Strain | $110,000 | 10% | S.6 Ep.17 |
| Keen Home | $750,000 | 13% | S.6 Ep.20 |
| Pittmoss | $200,000 | 11.66% | S.6 Ep.27 |
| ZinePak | $362,500 | 8.7% | S.6 Ep.26 |
| Total | $7,580,833 |
While that’s a lot of investments to cover, here’s a list of every company Herjavec has invested in on Shark Tank. The table above shows that Robert Herjavec has invested in 39 companies, totaling $7.58 million of his own money. Bear in mind that many of these investments were joint deals made with one or more sharks, but we’ve calculated Herjavec’s share of the investment.
For two of the deals on the list, Herjavec didn’t receive any equity. Herjavec split a $1450,000 investment in Coffee Joulies with Kevin, Lori, and Daymond for the following:
- Retail royalty – $6 per unit
- Wholesale royalty – $3 per unit
- Perpetuity after recouping their investment – $1 per unit
When Herjavec invested $150,000 into Wall Rx in episode 14 of season five, he didn’t want any equity. Instead, he invested the money in exchange for the rights to sell the product internationally.
While many of these businesses have since closed their doors or filed for bankruptcy, others have continued to thrive. Which begs the question, which of Herjavec’s Shark Tank investments have been the most successful?
Tipsy Elves
Details: $100,000 investment for a 10% stake
After the founders of Tipsy Elves appeared on the fifth season of Shark Tank, they secured a $100,000 investment from Herjavec for 10% of the business. Tipsy Elves launched as an e-commerce business selling Christmas sweatshirts and has since expanded into Halloween costumes, Hawaiian shirts, and other themed clothing.
By 2025, twelve years after appearing on the show and securing investment, Tipsy Elves’ lifetime sales exceeded $317 million. According to Herjavec himself, this was by far his best investment from Shark Tank.
Divorce Settlement
In July 2014, after 24 years of marriage and three children together, Herjavec’s relationship with then-wife Diane Plese came to an end, with Plese filing for divorce in March 2015, claiming that Herjavec had been having extramarital affairs with another woman.
The settlement, ruled by an Ontario Supreme Court, was finalized in 2016 and required Herjavec to pay Plese $125,000 a month in spousal and child support with no set termination date, a $2.6 million equalization payment, and an extra $2.5 million once all their assets had been divided and sold, bringing her total settlement from the marriage to $25 million.
Some of their joint assets included a $17.4 million mansion in the Bridal Path area of Toronto, a $4.8 million holiday home on Fisher Island, Florida, as well as top-of-the-line luxury boats and automobiles, including a rare $1.5 million Ferrari, and several other high-end items.
After the settlement, it was reported that Herjavec struggled with suicidal thoughts and depression following their separation, especially over the estrangement from his children. However, he continued with his life, appearing on season 20 of Dancing with the Stars in 2015 and subsequently marrying his co-star, Kym Johnson, a year later in 2016.
Entrepreneurs
David Packouz Net Worth
| Net Worth: | $2.9 Million |
|---|---|
| Age: | 44 |
| Born: | February 16, 1982 |
| Gender: | Male |
| Height: | 1.70 m (5 ft 7 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Arms Dealer |
| Last Updated: | Jul 14, 2026 |
Introduction
David Packouz is an American former arms dealer, musician, inventor, and entrepreneur with an estimated net worth of $2.9 Million.
In this profile, we’ll discuss our research into David Packouz’s net worth, income sources, and the legal issues he faced from arms dealing.
Quick Facts
- Secured a $298 million arms contract with the U.S. government in 2007
- Previously faced 355 years in federal prison for defrauding the government
- Filed a $5 million lawsuit against his former business partner for unpaid fees
- Settled the dispute for a small fraction of that figure
AEY Inc.
In 2005, at just 23 years old, David Packouz reunited with his childhood friend, Efraim Diveroli, who was 25, to enter the world of arms dealing. Diveroli had already been running AEY, bidding on U.S. government surplus and supply contracts online. However, most of his contracts were small, but he still earned $1.8 million in a single year, enticing Packouz.
When Packouz and Diveroli partnered with one another, the United States was in the middle of the Afghan war against al-Qaeda and the Taliban. During the war, the government spent $18.6 billion on weapons, vehicles, aircraft, and equipment to arm the Afghan National Defense and Security Forces. To supply much of this equipment, the U.S. government would often offer contracts to third parties, which is where AEY Inc. comes in.
Packouz and Diveroli, barely in their mid-20s, landed a $298 million contract with the U.S. Army in January 2007, to supply the Afghan National Army and Police with millions of rounds of ammunition, specifically 7.62mm ammunition used in AK-47 rifles.
How did such a small company land such a high-value government contract? They lowballed the competition. The crucial stipulation of the contract was that they couldn’t source the ammunition from Communist Chinese military companies. In other words, the ammo couldn’t originate from China in any form.
AEY eventually sourced a substantial portion of the 7.62mm rounds from MEICO, an Albanian state-owned supplier. The rounds had been stored in an Albanian warehouse for decades, but were originally manufactured and packaged in China. AEY repackaged the Chinese ammo, but investigators later found out, largely because Diveroli left a note on his desk that said “Repackage Chinese ammo.”
2008 Arrest
In 2008, Packouz, Diveroli, AEY Inc., and two other individuals were indicted by a federal grand jury on charges of conspiracy to defraud the United States and wire fraud.
Packouz was initially facing 355 years in federal prison due to the number of times ammo had been shipped. Each time AEY shipped a load of ammunition by air, they listed the place of origin as Albania, even though it was manufactured in China. Since they repeated the process 71 times, they were facing 71 counts of fraud, not just a single count.
A year later, Packouz pleaded guilty and was fortunate enough to receive just 7 months of home detention and 14 months of probation. Diveroli received a 4-year federal prison sentence.
Lawsuit
Bear in mind that while AEY, Inc. was shipping ammunition to the military forces in Afghanistan, David Packouz wasn’t being paid. Diveroli held out on paying him until the contract was fulfilled in its entirety. Packouz claimed that Diveroli owed him $5 million and filed a lawsuit against his former partner after Diveroli’s release from prison.
Unfortunately, evidence went missing, and money was hidden, so Packouz ultimately settled for “a small fraction of what he owed me.” When asked how much? Packouz replied with “I’d rather not say. It’s too painful.” Diveroli allegedly earned $15 million from the contract.
War Dogs
Given his eventful past, a film titled War Dogs was released in 2016, based on David Packouz’s life, starring Jonah Hill and Miles Teller. Since the story was based on his life, Warner Bros. acquired his life rights to make the film.
Recently, in 2025, David revealed in an interview with VladTV that he was paid a modest sum for the rights. He also joked that Teller, who played him in the film, earned substantially more than he did.
Real Estate
The film shows Packouz purchasing a penthouse in Miami, Florida, but in real life, this apparently wasn’t the case. He actually rented out a townhouse with his business partner, Efraim Diveroli, in Miami Beach. According to Zillow, this property is currently valued at $5.77 million. Packouz still resides in Miami, though it’s not clear exactly where.
Entrepreneurs
Ma Huateng Net Worth
| Net Worth: | $31.4 Billion |
|---|---|
| Age: | 52 |
| Born: | October 29, 1971 |
| Gender: | Male |
| Height: | 1.65 m (5 ft 5 in) |
| Country of Origin: | China |
| Source of Wealth: | Entrepreneur |
| Last Updated: | February 15, 2024 |
Introduction
Ma Huateng is a Chinese business magnate, engineer, internet and technology, and philanthropist with an estimated net worth of $31.4 Billion.
Huateng is the chairman, founder, and chief executive officer of Tencent, Asia’s most valuable company, and one of the world’s largest Internet and technology companies.
In this profile, we’ll highlight our research into Ma Huateng’s net worth history, Tencent equity, and his annual compensation from the company.
Quick Facts
- Debuted on the Forbes Billionaires Index in 2004
- Holds an 8.7% stake in the Chinese tech company Tencent
- Typically earns between $6 million and $8 million in annual compensation
- Peak estimated net worth of $65.8 billion in 2021
Net Worth History
| Year | Net Worth |
|---|---|
| 2009 | $3.5 Billion |
| 2010 | $4.4 Billion |
| 2011 | $5 Billion |
| 2012 | $6.4 Billion |
| 2013 | $12.1 Billion |
| 2014 | $13.4 Billion |
| 2015 | $16.1 Billion |
| 2016 | $16.6 Billion |
| 2017 | $24.9 Billion |
| 2018 | $45.3 Billion |
| 2019 | $38.8 Billion |
| 2020 | $38.1 Billion |
| 2021 | $65.8 Billion |
| 2022 | $37.2 Billion |
| 2023 | $35.3 Billion |
| 2024 | $31.4 Billion |
| 2025 | $46.2 Billion |
Although almost all of Huateng’s wealth has been generated through his ownership stake in Tencent Holdings, that percentage has gradually declined over time. This is primarily due to minor sell-offs of shares and the addition of new investors. At the time of the company’s founding, Ma Huateng owned 47.5% of the company. Over time, this has been reduced to an estimated 8.7%.
In 2009, Huateng’s net worth was estimated at approximately $3.5 billion. However, in 2012, Tencent’s market cap exploded to over $50 billion thanks to the growth of WeChat, the Chinese equivalent of WhatsApp. As a result, Huateng’s net worth almost doubled throughout the year, from $6.4 billion to $12.1 billion.
Tencent’s valuation continued to increase dramatically over the next several years, reaching $563 billion in 2018, with Huateng’s stake estimated at $45.3 billion. In recent years, China has proposed and implemented stricter regulations on the gaming industry, which have significantly affected Tencent’s market cap on multiple occasions.
In 2018, Chinese regulators introduced regulations requiring new games to obtain approval from authorities before release. Since 30% of Tencent’s revenues come from the online gaming industry, its valuation took a massive hit, wiping out over $200 billion in just nine months. Huateng’s net worth would have dropped significantly between 2018 and 2019; however, towards the end of the year, the company began recovering at a steady pace.
Tencent reached a new peak market capitalization of $916 billion in 2021, but suffered setbacks again due to Chinese government actions. The government proposed a new rule to curb how much money players can spend on online gaming. Huateng’s net worth went from a peak of $65.8 billion to $37 billion in a single year.
Tencent Compensation
While we don’t have a complete history of Ma Huateng’s annual compensation at Tencent, we do have information for several recent years. This includes 2020, when he received a total compensation of CNY 58.74 million, equivalent to roughly $8.21 million.
In 2021, reports of his earnings are slightly more transparent, with a base salary of CNY 7.33 million ($1.02 million), bonuses of CNY 35.52 million ($4.97 million), plus pension contributions and director bonuses totaling CNY 1.26 million ($176,000). In 2023, Huateng earned a total compensation of CNY 42.92 million ($6 million).
All things considered, it appears that Ma Huateng’s total annual compensation at Tencent typically ranges from $6 million to $8 million.
Real Estate
Huateng owns a substantial real estate portfolio in Hong Kong, valued at several hundred million dollars overall. This included the 8,000-square-foot Shek O mansion he purchased for HK$480 million ($61.5 million) in 2009. The last known estimate of the property’s value was reported in 2017, at roughly HK$1.9 billion ($245 million).
-
Richest People3 years agoThe 30 Richest People in the World
-
Richest People2 years agoThe 50 Richest Rappers in the World
-
Richest People2 years agoThe World’s 50 Richest Singers
-
Richest People3 years agoThe 50 Richest Actors in the World
-
Richest People3 years agoThe 50 Richest Athletes On Earth
-
Entrepreneurs2 years agoJeff Bezos Net Worth
-
Richest People3 years agoThe 50 Richest DJs in the World
-
Top Lists3 years agoThe 10 Most Inspirational Short Stories I’ve Heard