Richest ‘Shark’ revealed
Mark Cuban is the richest shark in the tank with a reported $4.5billion net worth.
Kevin O’Leary’s net worth is estimated to be roughly $400million.
Daymond John’s net worth is estimated to be roughly $350million.
Robert Herjavec’s net worth is estimated to be $200million.
Lori Greiner’s net worth is estimated to be roughly $150million.
Barbara Corcoran has an estimated net worth of $100million.
Mark Cuban spoke out against former clause
In 2013, the New York Times reported that ABC had contestants give 5 percent of their company or 2 percent in royalties just to be on Shark Tank.
Whether they actually struck a deal with a shark didn’t matter.
That all changed after shark Mark Cuban learned about the clause contestants had to sign to be featured on the show.
Regarding the matter, Mark stated on Facebook: “FYI, there is no additional equity or percentage of anything taken any longer. That was removed retroactively.
“I told them I wouldn’t come back this season if it wasn’t,” Cuban further claimed that if the show continued the way it was “quality of the companies and entrepreneurs would decline.”
Fan thinks contestant got ‘free consultation’
A fan took to Twitter during Friday night’s finale to share their thoughts on the interaction between Tank Sinatra and the sharks.
He wrote: “This guy just got a free consultation lol his business was not ready for the Shark Tank.
“Like, how have you watched since the first season like the rest of us and didn’t bring the Sharks numbers and success to leverage for their investment?”
After sharing his board game with the sharks, Tank was denied by all of them as they were hesitant to invest in his product after he revealed he had only sold 1,500 copies already.
More on Daymond John, continued
FUBU is an American hip-hop apparel company launched by John and others. FUBU stands for “For Us, By Us.”
John is scheduled to speak at the 2023 VeeCon, a conference that highlights emerging leaders in the business, technology, marketing, innovation, and pop culture industry.
VeeCon will run from May 18 to 20 at the Lucas Oil Stadium in Indianapolis, Indiana.
Meet shark tank investor, Daymond John
It is believed that businessman and motivational speaker Daymond John has a net worth of $350million.
“Daymond John has come a long way from turning a $40 budget into FUBU, a $6 billion fashion game-changer,” reads his website.
“Throughout his career, Daymond has continued to be an entrepreneur in every sense of the word.
“He is not only a pioneer in the fashion industry but a Shark on the 4-time Emmy Award winning Shark Tank, a New York Times best-selling author, branding guru, and highly sought-after motivational speaker.”
Shark told AOC to ‘call him’
In January 2021, Kevin O’Leary claimed Alexandria Ocasio-Cortez’s ‘Tax the Rich’ shirt “proves there’s a capitalist in every socialist screaming to get out.”
The Canadian businessman urged the US rep to call him, saying the pair “could make a fortune” after calling the New York congresswoman’s profit margin on her merch line “spectacular.”
“Now let’s talk about gross margins,” he said, “I paid $67.22 for this.
“I’m gonna guess she lands this basically for, I don’t know, six bucks? And five bucks for shipping. That’s 85% gross margin – That’s spectacular.
“Listen, you know what this proves? Inside of every socialist there’s a capitalist screaming to get out.
“AOC, call me. We can blow this thing up together. We could make a fortune.
“I only want seven per cent royalty. That’s being reasonable. Call me. Call me.”