Kevin O’Leary Net Worth: Kevin O’Leary is an entrepreneur and a TV personality, who made a name for himself in the world of business, and has appeared on various TV shows – including the very popular “Shark Tank”.
He co-founded SoftKey and O’Leary Fund, which made him one of the wealthiest businessmen in history with a net worth of $400 million.
This business guru was awarded an MBA in entrepreneurship in 1980 at the University of Western Ontario – he made use of that alright.
This is a life-changing story, from an ice cream server to a multi-million dollar businessman!
I’m sure there’s a lot we can all learn from his life…
…ideas to help you be successful too if you want!
Want to know more about Kevin?
Then let’s take a ride!
With a whopping $400 million – today we’ll be going to be looking at how he made and spends his fortune:
- Kevin O’Leary Net Worth
- How He Made His Money
- Business Ventures
- How He Spends His Money
And lots more…
Let’s get started…
Who Is Kevin O’Leary?
Terence Thomas Kevin O’Leary aka Kevin O’Leary is a businessman, politician, author, and television personality – originally from Quebec, Montreal in Canada.
Before we dive into his success story, let’s take a look at his early life.
He was then a teenager with a job at a local ice cream shop. His boss to him while he was scooping ice cream and unexpectedly asked him to perform a certain task.
What happened next stayed with him forever.
After finishing his MBA at the University of Western Ontario, Kevin had a meeting with a man who had a strange idea for certain software products.
This idea had extensive, high-profit potential that he immediately recognized.
This was a life-changing event for Kevin.
Astonishing, isn’t it?
He founded the educational software company and named it “The Learning Company”. After years of bumpy roads, challenges, lessons, hard work, and sacrifices developing these software products a toy company Mattel made an almost $3 billion offer for the educational software company.
Yes, you read that right.
It was a lot of moolah!
After his success selling the software company that he created (which didn’t go well for Mattel, meaning he left the business), he eventually found himself working as a host and television personality.
He’s appeared on several TV shows including being part of the Shark Tank cast, Discovery’s Project Earth, and CBC’s Dragons’ Den.
Let’s take a look at some quick facts below:
|Kevin O’Leary Net Worth: $ 400 Million|
|Date of Birth: July 9, 1954|
|Height: 1.77 m|
|Relationship Status: Married|
|Children: Trevor O’Leary, Savannah O’Leary|
|Profession: Businessman, Venture Capitalists|
How Much Is Kevin O’Leary Worth?
As of [current year], Kevin O’Leary net worth is estimated to be roughly $400 million. He’s known for being the founder of software learning company SoftKey International and appearances on reality television shows “Dragons’ Den” and “Shark Tank”.
Have you ever wondered who is the wealthiest person on Shark Tank?
Mark Cuban by far is the wealthiest among the sharks.
The net worth of Mark Cuban is an astonishing $4.3 billion.
But how about the first female shark?
The net worth of Lori Greiner, the first female shark, is a whopping $100 million.
Kevin O’Leary Net Worth Year By Year
|Year||Net Worth $|
|2012||$ 11.2 Million|
|2018||$ 300 Million|
|2020||$ 400 Million|
Source of Wealth
Being a businessman, a capitalist and a television personality have meant his wealth has come from various projects and interests associated with these endeavors.
Kevin O’Leary’s fee for public speaking is circa $75,000. (A Speaker’s virtual presentation charges are usually around 60-80% of the in-person fee range.)
Business Ventures, Endorsements & Products
In 2006, O’Leary began appearing on the big screen as one of the five venture capitalists on the show Dragon’s Den where he developed a persona as a blunt, abrasive investor, which became a huge success and gained 2 million viewers per episode.
In 2009, Kevin appeared on the show Shark Tank, the American version of Dragon’s Den.
His appearance on both shows popularized the nickname “Mr. Wonderful” for him.
Here are some of my favorite movies of Terence Thomas Kevin O’ Leary:
Kevin O’ Leary Books
Are you looking for a book to help you learn about money matters?
Here are some of Kevin O’ Leary’s Financial Books which will guide the readers through financial decisions, how to understand the relationship with money, and may ultimately lead to your greater financial stability.
It makes sense that Kevin is such a savvy investor.
He took many risks as a businessman at the beginning of his career.
Now, he makes the most of his current funds, downplays the risk, and indulges in his favorite interests, such as wine.
In addition to that, O’Leary co-founded O’Leary Funds Inc. in 2008 – a mutual fund company focused on global yield investing.
Kevin O’Leary Controversies & Litigation
Kevin O’Leary vs. Mattel
The acquisition of TLC led to significant losses for Mattel, and the company’s shareholders filed a case against various former executives including O’Leary. They claimed that the accused misinterpreted the finances of the company…
…but, O’Leary denied the accusations in court, and the case was settled eventually.
Kevin O’Leary and Linda O’Leary vs. Susanne Brito and Gary Poltash
Linda O’Leary was accused of being over the alcohol limit, on drugs, and speeding at the helm of one of two boats in a late-night collision on Lake Joseph, Ontario.
How Kevin O’Leary Spends His Money
Only business and investment money i spent from Kevin O’Leary net worth…
…but here’s something really interesting.
One thing Kevin O’Leary spends his money on is food.
O’Leary admitted to spending about $1,000 a day on meals – because he frequently attends business meals three times a day, five days a week.
He also likes to collect watches as an investment.
Buying one usually marks one of his milestones.
Because of this…
…he’s accumulated 40 freaking awesome watches for his collection!
One of these was a $30,000 Patek Philippe 5711/1A. It was not only the “crown jewel” of his collection, which he hankered after for years but a great investment – because even now, collectors are willing to pay up to $80,000 for it on the second-hand market — meaning in purchasing it, he made a cool $50 gs.
In addition to his watch collections, O’Leary also has Les Paul guitar collections that include one guitar signed by the guitar designer and legendary musician himself.
And, in addition to food, he likes wine.
Because he hates drinking bad wine, he made his brand, O’Leary Wine.
As you do, right?
Kevin O’Leary Houses
Kevin O’Leary’s main house is in Toronto. He also owns a condo on Marlborough Street, near the Charles River.
Not just those…
… he also has a cottage on Lake Joseph in Muskoka, Ontario, Canada. Another one is a vacation home in Geneva. A total of nine of his properties from Kevin O’Leary net worth were sold.
Kevin O’ Leary also owns a bunch of condos…
Let’s have a tour in his condos in this Video… Sit back, relax and get ready to be entertained…
Kevin O’ Leary Watches
Best of all of Kevin’s guilty pleasures – is his watch collection.
Practical investments from this watch enthusiast…
Kevin O’Leary’s Cars
Kevin O’Leary shared his point of view in buying or leasing a car – DON’T.
According to this business connoisseur, owning a car is inefficient and costly.
In an interview with CNBC Make It, he advised, “You don’t need a car. You’re working in a city where you can either take the subway or basically use a shared service. Try both.”
No money is spent for luxury cars from Kevin O’Leary thus increasing his net worth, right!
Fun fact though – he does prefer Uber – he doesn’t like losing out on the depreciation element of a car’s value.
Here are some fun facts you might not already know about this business guru.
- He was labeled as ‘Mr. Wonderful’ on ‘Shark Tank’. – No wonder!
- He’s a Guitarist.
- Photography was one of his favorite hobbies.
- He won’t give his kids any of his wealth – he just wants to discipline them and push them out of their comfort zone.
- Steve Jobs gave him a hard time.
Let’s go over Jeter’s philanthropic acts.
Kevin O’Leary’s Philanthropy
O’Leary’s success in his career has pulled him away from his passions of playing the guitar and photography, but his inner callings have never been far away.
He’s shared his passions with multiple philanthropic causes. He has donated proceeds from his photography work and still works to build up the O’Leary Foundation for young entrepreneurs. These are funded by Kevin O’Leary net worth.
Needless to say… Education and support for young entrepreneurs are his focus because he believes that the best political system in the world is capitalism.
Entrepreneurs with great minds lead an excellent economy forward.
Here are Kevin O’Leary’s financial lessons for life:
- Business is war: Business is like a war wherein you need to mug and succeed. Don’t be afraid to fail. If you failed, don’t be afraid to try again and think of another strategy.
- Your dollars are your soldiers: Kevin thinks of his money as soldiers which he sends out to battle every day. He wants “them” to take a culprit so there’s many of them when they come home. If several of them die, that’s not good. But if all of them die, that means you’re broke.
- Entrepreneurship = freedom: One of the best lessons he learned from his experience when he was still working at an ice cream store during his teenage years is that being an employee is enslavement while being a business person is true freedom.
- Opportunity comes fast: When an opportunity comes knocking at your door, you gotta think fast and make a quick decision. Grab it right away. Remember, you only get one shot, so better never let it go.
- Passion isn’t everything: Following your passion isn’t always enough. Sometimes, passion cannot pay our bills. So don’t let it blind you and take you away from success.
Frequently Asked Questions (FAQs)
What is Kevin O’Leary’s net worth?
Kevin O’Leary’s net worth is a whopping $ 400 Million!
Where does Kevin O’Leary live?
O’Leary’s primary residence and tax residency are in Toronto, Ontario. He also maintains a cottage in Muskoka as well as homes in Boston and Geneva, Switzerland.
Did Kevin O’Leary’s wife get charged?
Yes, she has been charged with reckless operation of a vessel for her role in a fatal boat crash in Ontario according to police. Linda O’ Leary was driving the boat when it collided with another vessel that left two people dead.
How old is O’Leary?
He is 66 years old.
What was Kevin O’Leary net worth in 2012?
Kevin O’Leary net worth in 2012 was $11.2 Million.
Summary: Kevin O’ Leary Net Worth
Congrats – you’ve now learned everything about Mr. Wonderful.
I think we can all agree he’s put in such a huge effort to make his way to the top.
What took me by surprise were his savvy investments, particularly his massive watch collection.
…there’s a lot we can absorb from his financial lessons.
I hope you enjoyed this article – you might also want to check out Kevin O’Leary’s Bounce Mojo Bio, and the best Kevin O’Leary’s memes.