How Kevin O’Leary Achieved A Net Worth of $400 Million from Businesses and Investments

If you’re one of those people who are drawn to innovative ideas that shook the business world and the people behind them, then you’ve probably heard of Kevin O’Leary. The Canadian serial entrepreneur and seasoned investor has made a name for himself thanks to the many successful ventures he has founded and flipped over the course of his career. His wealth of experience is highly solicited and has led to him being asked to speak on various business-centric topics at conferences and events all around the globe. Kevin O’Leary’s net worth is all the proof anyone needs to see to realize that he actually knows what he’s talking about when it comes to building businesses or a successful career.

Kevin has authored many bestselling books on finance which millions of people constantly use to plot their way towards increased wealth. The astute businessman is often fondly referred to as “Mr. Wonderful” because of his personality and the frank advice he often gives to participants on the reality business show Shark Tank, where he stars as one of the judges. Let’s check out Kevin O’Leary’s net worth and how he managed to amass his enormous wealth.

How Kevin O’Leary Achieved a Net Worth of $400 Million

The road to Kevin O’Leary’s net worth has been paved with good ideas. It began with his love for film and photography, which he decided to monetize by opening a production company called Special Event Television with two of his fellow MBA classmates. The company went on to produce several films including the series Don Cherry’s Grapevine, before Kevin and his partners sold it.

Taking his share of the sales, Kevin bought a home computer and paid a deposit for a house. He then used the computer to launch his next venture, a software business called Softkey Software Products Inc. He was joined by Michael Perik and Scott Murray, and together they built the company into a billion-dollar venture, selling CD-ROM enabled software for Macintosh and Windows computers from the late 80s through the 90s.

Kevin and his partners expanded their market reach by buying out rival companies. In 1999, Mattel Incorporation purchased Softkey for a little over $4 billion. However, after the acquisition, the company began losing money and were harassed with lawsuits by several shareholders, so Kevin was asked to leave the company and offered a severance pay of $5 million.

A huge of Kevin O’Leary’s net worth stems from the success and subsequent sale of Softkey. In 2003, he turned his eyes towards investing, buying a $500,000 stake in the company StorageNow Holdings. In 2007, he sold those same shares for about $4.5 million. The following year, Kevin founded O’Leary Funds Inc., a mutual funds investment company, which he later sold in 2016.

READ   Say Hello To The 15 Richest Families In Hollywood

His other sources of revenue come from his various other businesses – O’Leary Ventures, O’Leary Fine Wines, Something Wonderful, and O’Leary Books. He is also the author of a number of bestselling finance books namely: Cold Hard Truth on Family, Kids, and Money; Cold Hard Truth on Men, Women, and Money; and Cold Hard Truth: On Business, Money, and Life.

Since 2009, the accomplished entrepreneur has been part of the judges on Shark Tank, where he and his fellow Sharks listen to business ideas from budding entrepreneurs and decide whether they are worth investing in. The salary he earns from the show also contributes handsomely to Kevin O’Leary’s net worth.

Is He The Richest Shark on Shark Tank?

Kevin O'Leary
Kevin O’Leary and other Sharks: Image Source

All the Sharks on Shark Tank are multi-millionaires who are famous for their business acumen and negotiating skills. So far, the panel consists of Barbara Corcoran, Kevin O’Leary, Robert Herjavec, Mark Cuban, Lori Greiner, and Daymond John, but who is the richest amongst them?

As it stands, Mark Cuban, the owner of the Dallas Mavericks and founder of is the richest shark of them all with a net worth of $3.9 billion. Kevin O’Leary’s $400 million net worth makes him the second richest shark. The others are worth between $80 and $300 million.

See Also: Larry Page Net Worth and The Things He Spends His Money on These Days

How Does He Spend His Money?

Kevin O’Leary is a staunch believer in frugality, so he is very careful about the things he spends his hard-earned money on.

He loves to collect rare and vintage watches and currently owns about 40 different pairs. He also has an extensive collection of guitars.

Kevin also spends his money on cars. Some of the cars in his garage include a Ford Mondeo, an Audi A3, a Ford Kuga, and a BMW 4 series. The reality television personality owns several houses such as a home in Toronto, a cottage on Lake Joseph in Canada, a Marlborough Street condo in Boston, and a vacation home in Geneva.

Samuel Daniel
Samuel Daniel
Samuel is a researcher and content creator who is deeply passionate about writing and singing. His expertise is in finance, celebrity profiles and net worth, creative writing, fictional character development, as well as article writing, revolving around exciting names in the world of entertainment, sports and business. Previously, he has worked as Sports and Foreign news correspondent, and voice-over expert with NTA as well as a reporter and deputy news editor for orientation broadcast studio. He holds a B.Sc in Mass Communications


Who Are the Highest-Paid News Anchors and What are their Salaries?

The journalism industry is notorious for its poor remuneration and as such, you have professionals who spend much of their career making an average...

What is Ciara’s Net Worth in 2020 and Is She Married With Kids?

Ciara Harris is an American singer, songwriter, dancer, fashion model and actress with estimated net worth $20 million. The Grammy-winning songstress has spawned platinum-certified...

A Reveal of Lil Mosey’s Net Worth and the Songs that Made Him Famous

Lil Mosey's decision to quit high school in the tenth grade to pursue a career in music seemed like a bad one, but it...

The Height Of Sandra Bullock’s Achievements, Failed Marriage and Recent Relationships

Sandra Bullock has often been described as America’s sweetheart and the reason is not far-fetched. Since commencing her career in the late 80s, the...

All About Spike Lee’s Entertainment Family, Net Worth and Other Facts About The Director

Movie lovers are sure to recognize the name Spike Lee as he is known to portray major characters in some of the films he...

Jerry Springer Net Worth: How Much Money Does He Have Since His Show Ended

Jerry Springer may have been famously derided as the host of trash TV but that has not stopped him from emerging as one of...

Untold Truth Of Lamar Odom’s Net Worth, Relationships, Wife and Kids

Lamar Odom is a former professional basketball player most popular for his days with the Los Angeles Lakers where he won the 2009 and...

Jason Nash Net Worth and the Top Movies & TV Shows that Earned Him The Most

Many social media stars find it difficult to transition to traditional media. There are however some personalities that have been able to effectively combine...

Between Judge Judy and Judge Jerry Springer, Who has a Higher Net Worth ?

For nearly three decades, Judy Sheindlin has held sway as the most popular TV judge in the world. This is thanks to her courtroom...

Diana Ross Biography – Children, Husband and Family Members

Diana Ross is a legendary American singer, songwriter, record producer and actress. Ross is famous for being the lead singer of the popular 1960-70's...

Nadeshot Net Worth: A Look at 100 Thieves CEO’s Sources of Income

Professionally known as Nadeshot, Matthew Haag had a well-decorated competitive gaming career before retiring as a pro gamer in 2016. During this time, he...

What Is R Kelly’s Net Worth and Who Are His Wife and Kids?

R Kelly is a renowned American R&B singer, songwriter, record producer, and a former USBL professional basketball player. He is known for evergreen hits...

Featured Today

Is Brendan Penny Married? Meet His Wife and Parents

If you are a fan of Hallmark films, particularly their originals or you are a follower of Canadian television, you must have come across...

Captivating Facts About Nicole Lz’s Divorce and Relationship With Adam Lz

There are many ways to become popular in this day and age. A few people have achieved fame by being good at what they...

What Happened To Cynthia Bailey’s Marriage and Is She Dating Again? Meet Her Daughter

Having a romantic relationship on TV is never an easy task and one person that can attest to this fact is Cynthia Bailey. The...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Related Stories