|Net Worth:||$300 million|
|Profession/Career:||Canadian Businessman, Investor, TV Personality|
|College:||University of Toronto|
|Major/Degree:||English Literature and Political Science|
|Full Name:||Robert Herjavec|
|Date of Birth:||September 14, 1962|
|Place of Birth:||Varazdin, Croatia|
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Who is Robert Herjavec?
Robert Herjavec is a Canadian businessman, investor, and television personality. He was born on September 14, 1962, in Varazdin, Croatia (then part of Yugoslavia). He and his family immigrated to Canada when he was a child.
Herjavec became well-known for his role as one of the investors on the ABC television show “Shark Tank,” where entrepreneurs pitch their business ideas in hopes of securing investment from one of the show’s “sharks.”
Before his television career, Herjavec founded a number of businesses. His first major business success was BRAK Systems, a cybersecurity software company, which he sold to AT&T Canada in 2000. Later, he founded The Herjavec Group, another cybersecurity firm which has been one of the fastest-growing technology companies in Canada.
Herjavec has also been involved in motorsports as a hobby and has competed in the Ferrari Challenge.
Robert Herjavec’s Net Worth
Robert Herjavec’s net worth is estimated to be around $300 million.
What we know about him:
- His first cybersecurity company, BRAK Systems, was sold for a reported $30.2 million in 2000.
- Robert’s first big splurge after that sale was on a $6 million plane.
- He also sold Herjavec Group, his second company, to Apax Partners for an undisclosed amount. It is speculated that the acquisition was worth well over $50 million.
- He has made over 50 deals on Shark Tank.
- Robert Herjavec has invested over $16 million of his own money during his time on Shark Tank.
- His largest investment was $5 million for a 50% stake in Zero Pollution Motors.
- His next largest investment was $3 million for a $25 stake in SynDaver Labs. The rest of his investment sizes are $600k or less.
- The least he has put into an investment was $20k for a 20% stake in Grease Monkey Wipes.
- On average, his investment size is around $290k.
- More than half of his deals have been done in conjunction with another Shark, mainly Kevin O’Leary.
- He gets ongoing royalties from his books “The Will to Win: Leading, Competing, Succeeding” and “Driven: How to Succeed in Business and Life.”
Robert Herjavec’s Early Life and Childhood
Robert Herjavec was born in Varazdin, Croatia (then part of Yugoslavia). His father was a vocal critic of the communist regime, which led to numerous incarcerations. The political instability and harsh life under communism motivated Herjavec’s parents to leave the country.
In 1970, when Robert was 8 years old, his family emigrated to Canada. They arrived with just one suitcase and $20 to their name. They settled in Toronto, living in the basement of a family friend’s home. His father, who had been a successful entrepreneur in Croatia, worked as a laborer in Canada, sometimes holding down multiple jobs to provide for the family.
Robert attended school and helped his family by working various minimum wage jobs, including delivering newspapers and waiting tables. His early life experiences of hardship, struggle, and witnessing his parents’ unflagging work ethic greatly influenced his ambition and drive for success in later life.
He studied English Literature and Political Science at the University of Toronto. After graduation, he took on a variety of jobs, including film production and a stint as a news reporter, before his career pivoted to entrepreneurship and the technology sector, which eventually led to his founding of several successful cybersecurity companies.