If you’re a huge fan of Shark Tank or an upcoming entrepreneur, one of the questions that may be running through your mind is: Who is the richest shark on Shark Tank? This is a frequently asked question by many other fans and entrepreneurs all the time.
The hit TV series features a panel of investors usually referred to as Sharks. One thing they all have in common is that they have amassed substantial amounts of wealth.
In this article, we’ll dive into more details about the richest Sharks on the Shark Tank. We’ll use the Shark Tank sharks net worth to rank them from the richest. We’ll also delve into the profile of each shark including their backgrounds, career achievements, some of their notable investments on Shark Tank, and more.
Richest Sharks On Shark Tank Ranked (From Top):
Here is a complete list of the sharks net worth ranked from the highest to the lowest:
1. Mark Cuban
Net worth: $ 5.2 billion
If you’ve been wondering Who’s the richest shark, the answer is Mark Cuban! Besides being the shark that has the most money of all the sharks, he’s also one of the wealthiest people in the United States with $5.1 billion as of 2023.
Forbes also ranked him as #177 on their top 400 list back in 2020.
The 64-year-old billionaire started off his entrepreneurial journey at an early age when he’d hawk garbage bags and newspapers. As he grew older, he realized that he had a passion for making money.
He built Broadcast.com, a successful software business, and then sold it for millions. He then invested in Audio Net for $10,000 and later sold it to Yahoo for $5.7 billion, launching him into the billionaires’ club.
The owner of the Dallas Mavericks NBA team joined Shark Tank on its second episode and has funded multiple starts—up to 85 deals. These have added to his overall wealth.
Some of his most notable investments on the show include Ten Thirty-One Productions, Rugged Maniac Obstacle Race, Groovebook, Bottle Breacher, and Hy-Conn.
His most recent venture on the TV show is Cost Plus Pharmacy which aims to lower prescription medicine costs for Americans.
Note that Cuban has also shown interest in NFTs and cryptocurrency industries, which further makes him an influential figure in the business world.
His no-nonsense approach and sharp wit when it comes to business while he’s on the show don’t go unnoticed.
He’s also known for his philanthropic nature and has donated huge amounts (millions of dollars) to various charities across the USA.
2. Kevin O’Leary (Mr. Wonderful)
Net worth: $400 million
Kevin O’Leary comes second on our list, making him one of the richest sharks on ABC’s Shark Tank TV series.
Widely recognized as Mr. Wonderful on the TV show, Kevin isn’t just a memorable personality but also a financial powerhouse with an estimated net worth of around $400 million.
The Canadian businessman’s journey to riches is one of rags to riches. In 1986, he founded Softkey Software Products, an entertainment software company that he’d later sell to Mattel in 1999 for $4.2 billion. This marked such a huge moment in his career.
His role as Mr. Wonderful on Shark Tank has only helped boost his reputation and wealth.
So far, he’s made up to 40 deals and invested, with his largest deal being $2,500,000, which he invested in Zipz for 10% of the business.
Other notable deals he’s made on Shark Tank include Potato Parcel, Boost Oxygen, LovePop, Le-Glue, Certifikid, and BenjiLock.
He’s known for using a straightforward, no-nonsense approach when it comes to business. This has earned him criticism and praise in equal measures.
His sharp business acumen is the driving force behind his success. It has enabled him to start, invest in, and sell countless enterprises throughout his entrepreneurial career.
Probably one of his best business moves was making an investment in Storage Now Holdings, a company focused on offering temperature-controlled storage to various businesses.
Mind you, Pfizer became one of the company’s principal clients. Kevin sold his shares in 2017 and made $4.5 million, highlighting his ability to make wise investment moves and decisions.
Beyond Shark Tank, O’Leary runs multiple businesses including O’Leary Books, O’Leary Fine Wines, O’Leary Funds, and O’Leary mortgages.
He also tried his hand in politics where he was leading Conservative Party of Canada polls back in 2017. Unfortunately, he withdrew from the race in 2019.
3. Daymond John
Net worth: $350 million
Daymond John is a fashion mogul with a remarkable journey from a struggling entrepreneur to becoming one of the top investors on Shark Tank. His estimated net worth stands at $350 million.
His successful journey kicked off when he started FUBU (For Us By Us) a hip-hop-inspired sportswear back in 1982 which quickly became a household name.
However, FUBU wasn’t a smooth start. John faced challenges getting the business off the ground but through perseverance, he eventually made it a success.
His mother played a crucial role in his business success. She took out a $100,000 mortgage on their house to help with funding for FUBU, showing her faith and determination in helping her son succeed.
Daymond John has been a shark since the TV series’ inception in 2009. Over time, he’s made 61 deals on the show, which amount to over $8.5 million.
His largest deal was $500,000, which he invested in the Hells Bells Helmets for a 50% stake in the business.
Other notable investments in Shark Tank include Shefit, SpikeBall, GoGoGear, Bubba’s Q BBQ, AquaVault, and Bombas, among others.
Beyond fashion endeavors and being a shark on the Shark Tank TV show, Daymond John is also a motivational speaker and a best-selling author with up to 4 books under his belt.
4. Robert Herjavec
Net worth: $300 million
Robert Herjavec takes the 4th place on our list of the richest sharks on the Shark Tank. Like the other sharks, he also has an inspiring story behind his success.
He started out as a newspaper salesman and waiter, but he also had a passion for technology and entrepreneurship which enabled him to be where he is today.
The Croatian-Canadian businessman started his first-ever company BRAK Systems back in 1990. Its focus was on internet security, which was a growing concern by then.
This venture would become a resounding success and the motivation behind him starting another IT company under The Herjavec Group in 2003.
Robert has been a shark from the first season of the show. Along the way, he’s made up to 57 deals on the show and invested a total of around $16 million in startups that can benefit from his expertise in cyber security and technology.
With a keen eye for potential innovation, Robert has been able to single out many lucrative deals on the show. His biggest investment is $5,000,000, which he invested in Zero Pollution Motors for a 50% stake in the business.
Herjavec’s other notable investments on the show include Breathometer, Groovebook, and Tipsy Elves.
Besides being a shark and his business ventures, Herjavec has made a name for himself as a global authority on information security. He is a member of the US Chamber of Commerce Task Force for Cybersecurity.
He’s also received multiple accolades following his contributions to the technology sector. These include the 2012 Ernst & Young Ontario Entrepreneur of the Year Award for Technology.
5. Lori Greiner
Net worth: $150 million
At our 5th position stands Lori Greiner with an estimated net worth of around $150 million. She prides herself as an American jewelry designer, entrepreneur, inventor, TV personality, and investor.
It all started with her clever invention of an earring organizer. In 1996, she noted the gap in the market and decided to create a stylish but practical earring organized.
Her product became such a big success that J.C Penney picked it up, and this paved her way to success!
Lori Greiner is also known as the Queen of QVC following her remarkable success in entrepreneurial and innovation spaces.
As of 2023, she has created as many as 700+ products and boasts up to 120 global patents. Her $150 million net worth stands as a testament to her relentless drive and keen business acumen.
Greiner had made up to 61 deals and invested up to $9.5 million in startups featured on Shark Tank. Her largest deal is with RuffleButts and RuggedButts and is worth $600,000 for 9% of the company.
Other notable investments for Lori on the show include popular products like Scrub Daddy and Squatty Potty, the Readerest, and Drop Stop. All these have made her good returns.
Beyond her business ventures and being a main shark on Shark Tank, Lori Greiner is a highly sought-after motivational speaker and shares her inspiring journey to success with audiences across the globe.
Without a doubt, her infectious energy and entrepreneurship passion will inspire many to take risks and pursue their dreams.
6. Barbara Corcoran
Net worth: $100 million
Last but not least, we have Barbara Corcoran, whose estimated net worth as of 20203 stands at $100 million. She might not be among the wealthiest sharks on Shark Tank, but she is still a millionaire and damn rich!
Forbes even recognizes her for turning a $1000 into a whopping $6 billion dollar real estate business.
By the time she was 23, Barbara had already worked for 20+ companies. However, it was her decision to start her own business with her then ex-boyfriend that enabled her to make a name for herself.
Barbara’s journey to financial prominence is attributed to her remarkable career in real estate.
Her real estate firm, The Corcoran Group, is a leading brokerage firm in New York City and has played a crucial role in shaping the city’s real estate landscape.
As of 2023, Barbara has closed as many as 130 deals on the Shark Tank show, with her highest investment being $350,000 for 40% of CovePlay.
Some of her most notable investments include Cousins Maine Lobster, Tom + Chee, and Loliware.
The 74-year-old businesswoman’s journey from real estate to TV personality and investor clearly paints a picture of her dynamic career and her ability to adapt to new challenges. Her network is a true reflection of her financial success.
Outside the show, Barbara engages in sharing her business knowledge and counsel via podcasts. She’s also written a book centered around her successful entrepreneurial career.
If you’re intrigued by the latest developments on Shark Tank, our article on SwimZip Shark Tank Update provides insights into the show’s entrepreneurial successes and investments. Furthermore, explore our article on Cycloramic Shark Tank Update for more exciting updates and stories from the Shark Tank world.
Conclusion
There you have it; the Shark Tank cast net worth. Mark Cuban takes the crown as the richest shark on the show with a staggering $5.1 billion empire. The other sharks including Kevin O’Leary, Daymond John, Robert Herjavec, Lori Greiner, and Barbara Corcoran also have impressive net worths amounting to hundreds of millions. These sharks have not only amassed substantial wealth but have also enriched the entrepreneurial space with their strategic investments.
Remember, the wealth of these sharks didn’t come easily and was a result of unwavering determination, ability to pinpoint groundbreaking business ideas, and keen business acumen. Their net worth figures are a true testament to their enduring impact not only on Shark Tank but also on the entrepreneurial world. Their success stories are truly inspiring for all aspiring entrepreneurs.
