Robert Herjavec Net Worth

Robert Herjavec

Croatian-Canadian businessman, investor, and television personality

Net Worth $200 million

Robert Herjavec is a Croatian-Canadian businessman, investor, and television personality. He is well-known for being a shark in the famous TV show “Shark Tank”. As of 2024, Robert Herjavec’s net worth stands at $200 million. Robert founded BRAK Systems, which he sold for $30.2 million, and currently leads The Herjavec Group, one of Canada’s largest IT security companies. Notably, his investments, especially those seeded on “Shark Tank,” have seen considerable success. 

'Shark Tank' co host Robert Herjavec's jaw dropping car collection
Shark Tank' co host Robert Herjavec's jaw dropping car collection | Image Credit @ADAM

Robert Herjavec’s Net Worth 2024

As of 2024, Robert Herjavec’s Net Worth is $200 million. His net worth in 2024 is a testament to a career dotted with sound decisions and investments. Despite economic uncertainties and market fluctuations, Herjavec has managed to sustain and even increase his wealth through strategic choices and business ventures.

Net worth timeline

How did Robert Herjavec get rich?

Herjavec’s road to riches commenced with a sheer passion for technology and a drive for success. He commenced his entrepreneurial journey with the creation of BRAK Systems, an internet security company, which he later sold to AT&T Canada for $30.2 million. His business acumen and a keen eye for opportunities vastly contributed to his wealth accumulation.

How many businesses does Robert Herjavec own in 2024?

  • Herjavec owns several businesses, including The Herjavec Group, his flagship company specializing in cybersecurity and tech innovations. These businesses have been pivotal to his financial status and have enabled him to make a significant impact in the tech industry.

Earnings from The Own Business

The sale of BRAK Systems was a critical point in his career. In terms of earnings, Herjavec makes a substantial amount annually from his diverse investment portfolio. Also, he earns substantial income as a prominent figure in the cybersecurity industry.

How much does Robert Herjavec make for an episode of Shark Tank?

Herjavec earns a $50,000 per episode from his appearances on the television show “Shark Tank.” This serves as an additional revenue stream apart from his business ventures.

How much has Robert Herjavec made from his Shark Tank investments?

In total, Herjavec has invested millions in “Shark Tank” deals, netting substantial returns. Some of the most profitable investments include his stake in Tipsy Elves and Aura Bora. While not all investments are successful, his success rate on “Shark Tank” is impressive, with several deals increasing his overall wealth.

Shark Deals

57

Profitable Deals

38

Loss Investments

few

Success Rate

66%

How much does Robert Herjavec make from Tipsy Elves?

After investing $100,000 in Tipsy Elves in a shark tank Robert only made more than 12 million for himself.

Is Robert Herjavec from Shark Tank a billionaire?

As of 2024, Robert Herjavec is not a billionaire, but with a net worth of $200 million, he remains a significant figure in the financial circles.

Is Robert Herjavec the richest shark?

While he is not the richest shark on the “Shark Tank” panel, Herjavec’s wealth is considerable. Currently, Mark Cuban holds the title of the richest “Shark Tank” personality.

Robert Herjavec's Habits and Personal Strengths

Herjavec’s success is partly attributed to his daily habits and personal strengths. His disciplined routine, unwavering work ethic, and unique business insights collectively create the foundation of his entrepreneurial prowess.

early life & background

Robert Herjavec’s early life, born in 1962 in what is now Croatia, was marked by displacement and resilience. His family fled communist Yugoslavia when he was eight years old, escaping his father’s imprisonment for speaking out against the regime. Arriving in Canada with only a single suitcase and $20, they faced significant challenges adapting to a new life. Financial hardship became a constant presence, with his father working long hours in a factory to support the family. 

Despite these obstacles, Herjavec developed a strong work ethic and a determination to succeed, fueled by his father’s insistence on never complaining. Though details about his formal education are limited, his early experiences undoubtedly shaped his resourcefulness and drive, paving the way for his future entrepreneurial endeavors.

Born

September 14, 1962

Residence

Los Angeles, Toronto

Citizenship

American

Spouse

Kym Johnson Herjavec

Children

Three from previous marriage, two with Kym Johnson Herjavec

Parents

Vladimir Herjavec (Father)

Siblings

Not publicly known

Education

University of Toronto (English Literature and Political Science)

career

1990
Entrepreneurial Beginnings

Founded BRAK Systems in Computer Security

2000

Strategic Exit

Sold BRAK Systems to Allstream Inc. for $30.2 Million

2003

Cybersecurity Vision

Established The Herjavec Group

2006

Television Venture

Joined CBC's Dragons' Den as a Regular Investor

2009

Crossing Borders

Joined the Investment Panel on American Shark Tank

2010

Authorship

Published Second Book, "Driven: How To Succeed In Business And In Life"

2013

Literary Debut

Published First Book, "The Will to Win: Leading, Competing, Succeeding"

2016

Life Lessons

Published Third Book, "You Don't Have to Be a Shark"

present

Ongoing Success

Active Involvement in The Herjavec Group and Shark Tank

faqs

1 How did Robert Herjavec become rich?

 Robert Herjavec accumulated wealth through his cybersecurity business ventures, key investments, and prominence on "Shark Tank."

2 What companies did Robert Herjavec invest in?

 Herjavec has invested in various tech startups, cybersecurity firms, and notably, through his deals on "Shark Tank."

3 How did Robert Herjavec start his business?

Herjavec started BRAK Systems from his basement, a business he later sold to AT&T Canada, laying the foundation for his future endeavors.