Kevin O” Leary net worth in 2018 is a subject of interest to many, and one might wonder exactly how rich is Kevin O’Leary anyway. “Mr. Wonderful” as the fans of Shark Tank like to call him is an Irish Canadian businessman, the founder of SoftKey Software Products, a company he sold to Mattel for $3.7 billion.
Today he is the chairman and the founder of O’Leary Funds Company which deals with investing. Today we shall look at Kevin O’Leary net worth in 2018 and also reveal a few things you probably don’t know about Kevin O’Leary.
Terence Thomas Kevin O’Leary is the name given to him by his parents Georgette and Terry O’Leary when he was born in 1954 in Quebec, Canada. The father Terry was an Irish salesman while Georgette was a business lady and an investor. While growing up, he lived in many places because the mother married a UN-based employee after they divorced with O’Leary father who moved from one place to another such as Cyprus, Cambodia, Tunisia and many other places. On his education, O’Leary was a student at St. George’s School then Stanstead College. Later on, he joined the University of Waterloo where he got a bachelor’s degree in environmental studies and psychology and an MBA in entrepreneurship from the University of Western Ontario.
Much of the investment knowledge gained by O’Leary as an investor such as saving one-third of his cash came from her mother who had an impressive investment portfolio which he only learned after her death.
O’Leary is a father to two children, and he is also a husband to Linda whom she married back in 1990. Linda today serves as the Vice president of marketing for O’Leary Wines. He is a fan of New England Patriots and a wine aficionado.
Kevin O’Leary started off his business career when he was employed to be an assistant brand manager for Nabisco’s cat food brand in 1979 then left and became a television producer where he founded Special Event Television (SET). He later sold the company for $25,000.
Just after selling SET and the $10,000 he got in seed capital from her mother O’Leary invested his money in Softkey Software products that’s in 1986 starting the company from a basement. The role of Softkey was to publish and distribute CD-ROM personal computer software for Macintosh and Windows-based computers. The company developed educational software products, and after several years it became one of the biggest players in the educational software market in the world. SoftKey later adopted The Learning Company (TLC). The company was sold to Mattel for $4.2 billion.
After the sale of TLC, he invested his $500,000 into StorageNow Holdings a company that was later acquired by Storage REIT, and he made around $4.5 million as a co-investor. Other projects that are related to O’Leary are such as O’Leary Funds Inc a company he co-founded in 2008. Today he is the lead investor and the company chairman. He is also the founder of O’Leary ventures which is a capital investment company founded in 2014.
On television, you will find him on Dragons’ Den which is a show aired in CBC, and you will also find him in the American version of it called Shark Tank. You will also find him in the Redemption Inc. reality TV game show on CBC where he rewards ex-cons $100,000 to launch a business.
On awards & achievements related to Kevin O’Leary except for his academic honors that’s a bachelor’s degree in environmental studies and psychology from University of Waterloo and a master’s degree in entrepreneurship from University of Western Ontario, he has been awarded with CNBC Stock Pickers Award, and even he won an international award for best value on his O’Leary Fine Wines.
Net Worth, Salary & Income
Kevin O’Leary net worth is estimated to be around $400 million. The source of Kevin O’Leary net worth fortune is his impressive investment portfolio. When he sold The Learning Company to Mattel for $4.2 billion, his wealth got a boost, and since then he has been investing his money on other companies he founded and some other companies on Dragon Den and Shark Tank in exchange of equity. Other companies that have made him money before and some still making a return on investment are O’Leary Funds, O’Leary Ventures, and StorageNow Holdings.
5 Facts You Need To Know About Kevin O’Leary
Yes, Kevin O’Leary is a successful investor, and millions of people know him considering he has been on the media and in his country he was going for the Federal Conservative party Leadership though he dropped out. However other than a successful investor how much do you know of Kevin O’Leary? Here are a few things you probably don’t know about Kevin O’Leary.
1. Did you know for several years Kevin has been a commentator at CBC on shows such as “The Lang and O’Leary Exchange”?
2. He goes by the nickname “Mr. Wonderful” from Shark Tank.
3. Did you know that he can play the guitar very well? Just check out on 2013 American Music Awards.
4. He is an “ecopreneur” which means O’Leary goes for the deal that makes money but is also environmentally friendly.
5. Initially, he didn’t want to pursue a career in business actually he wanted to become a photographer.
Kevin O’Leary net worth in 2019 will definitely shoot up or might experience a negative shock depending on how his investments will perform in 2018. We over here we wish him the best and urge many people to take up investments lesson from successful people such as Kevin O’Leary.