Kevin O’Leary is a multimillionaire of Canada, who is best known as the founder of software and jury members on the TV show Dragons and Shark Tanks.
Born in Quebec, Canada, in 1954, Kevin O’Leary was the son of Irish Terry O’Leary’s father and a Lebanese Georgette mother. He has one brother, Shane. Thanks to his father’s origin, O’Leary also has an Irish passport too.
O’Leary’s first job was in Nabisco, where he landed an internship during his studies. He then became a brand manager assistant for Nabisco food brands. He often stated that his success was partly because of the experience he got while working there.
His first personal venture was a television special event, a company he started with two friends. The company produces sports TV shows like the original six, Grapevine Don Cherry, Bobby ORR and Hockey Legends. O’Leary then sells its shares in the company of $ 25,000. He then began a softkey in 1986. In the 1990s, the company became the main dealer of educational software and in 1995, they bought a learning company (TLC) of $ 606 million.
Apart from the new investment and acquisition, TLC lost money and sold to Mattel for $ 4.2 billion in 1999. Then dubbed as one of the worst purchases in history. Mattel even sued O’Leary, claiming that he cheated them. O’Leary defended himself in court and Mattel had to pay an additional $ 122 million to complete the lawsuit. Then, O’Leary said that it was a technological crisis and collision management that destroyed TLC.
In 2008, he began his own Rexic investment company O’Leary Funds Inc. He served as an investor and main CEO, while his brother Shane was a director.
Kevin O’Leary is known to the general public for his appearance at Dragon Den and Shark Tank. Persona TV from rough and abrasive investors brought it the nickname Mr. Wonderful. He also organized the Discovery Channel discovery project that was hosted.
The clean wealth of Kevin O’Leary is estimated at $ 400 million. Considering how many projects he managed to get involved in, it was not surprising that he managed to gather wealth. He is proof that, no matter how humble someone, it is still possible to go up to the stars.