Previously we announced that Kevin O’Leary and Robert Herjavec would be some of the Shark Tank investors. I am happy to announce that
Kevin Harrington, Barbara Corcoran and Daymond John will be joining them as Sharks.
Barbara Corcoran is a self-made millionaire. After borrowing $1000 from her boyfriend and quitting her job she started a real estate company in New York City. Twenty-five years later she grew The Corcoran Group into a five-billion-dollar real estate business.
In 2001 Barbara sold The Corcoran Group for $70 million. After selling her business she wrote the book “If You Don’t Have Big Breasts, Put Ribbons on Your Pigtails” which became a national best-seller.
Barbara continues to be the real estate contributor for NBC’s Today Show and CNBC, and she’s a columnist for The Daily News, MORE magazine and Redbook.
Kevin Harrington is the CEO of TVGoods.com and the Co-founder of OmniReliant Holding. He is considered to be a pioneer in the Infomercial Industry. In 1984 Kevin filmed his first infomercial. 25 years and over 500 shows late and he has had sales over $4 billion.
Kevin has taken his infomercial business around the world, opening offices in London, Tokyo, Sao Paulo and Jaddah (Saudi Arabia).
Daymond John is best know for his fashion line FUBU which he started in 1992. After seeing a over priced tie-top had selling for $20 he decided he could make and sell them himself. His mother taught him how to use a sewing machine and he begin selling the hats which turned into FUBU. FUBU’s collection later expanded to include hockey jerseys, t-shirts and baseball caps, all embroidered with the FUBU label.
With early support from John’s friend, entertainer LL Cool J, FUBU quickly became one of the leading urban clothing lines, setting fashion trends initially for young Americans. However, FUBU’s popularity extended beyond the inner city, from suburban malls in the Midwest to Russian Internet sites, making it a true international powerhouse.
Kevin O’Leary knows all about obtaining money. The Montreal native made a fortune helping to develop an educational software company in the 1980s and ’90s that eventually sold to Mattel in 1999 for $4.2 billion. After that success he move to the storage business, selling his stake in Storage Now in 2007 for $110 million. He’s now chair of Gencap Funds LP, which manages several global equity funds. Mr. O’Leary’s also co-hosts a show about invention on Business News Network.
O’Leary is all about the money, often ignoring spay stories and concentration on profit. “I don’t worry about people’s feelings when it comes to money. I worry about their money.” He says. I like to just speak the facts. If people find that emotionally distressing, so what? I speak the truth.”
Robert Herjavec’s parents did not have money, and he tells the story of how his mother, a Croatian immigrant with a poor command of English, once bought a vacuum cleaner from a smooth-talking door-to-door salesman. Or at least she thought she’d bought it, with a sizeable payment. It wasn’t until 12-year-old Robert came home from school and read the contract that she realized the payment was part of a lease, to be just one of many. He says he vowed then never to be taken advantage of again.
Robert waited tables to put himself through school. After school he saw the opportunity in IT and founded his own company BRAK systems. BRAK systems soon became Canada’s top Internet security provider. In 2000 he sold is company to AT&T for $100 Million. Soon after Robert helped negotiate the sale of another tech company for $225 million. Lately Robert has been heading up The Herjavec Group, which is Canada’s Fastest growing IT Security company.
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