Robert Herjavec is a businessman and Television personality known for his appearances on the CBC Television series Dragons’ Den and ABC’s version of the series Shark Tank. These are TV shows where people present their business ideas seeking an an investor.
To participate as an investor, you have to be wealthy. So, what is Robert’s estimated net worth as well as annual revenue?
In the following sections, we will reveal Robert Herjavec’s net worth along with details concerning his personal life and professional accomplishments.
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Robert Herjavec Net Worth
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Who is Robert Herjavec?
Robert Herjavec is an accomplished entrepreneur, venture capitalist, author, and motivational speaker. He’s helped host the Angels and Entrepreneurs Summit together with Neil Patel, a program for finding ventures worth investing in.
He is also a popular and widely recognized celebrity television personality.
Robert Herjavec became popular after he appeared as one of the permanent investors on the a hit reality T.V. show, ‘Shark Tank’.
He has a daughter called Haven Mae Herjavec and a son called Hudson Robert Herjavec.
Robert Herjavec’s Net Worth
In 2015, Robert Herjavec’s net worth was estimated to be around $200 million. Since then, it has continued to grow.
As of 2023, it’s estimated that Robert’s total net worth is 310 million USD. You may be wondering, what is the source of his wealth?
Robert’s net worth derives from his mostly from Herjavec group, which is also the main source of his income. In addition to Herjavec Group, he has also invested in various projects presented on the Shark Tank show.
When Herjavec left school, he worked for several companies before creating an empire based on the internet security business.
His business grew, which also meant that his net worth grew to what it is now; $310 million.
To summarize, Robert Herjavec’s income sources include investment projects, speaking engagements, sponsorships, Shark Tank income, book royalties, and social media.
Let’s explore Robert’s journey to becoming a successful businessman cum venture capitalist.
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Early Life
Herjavec wasn’t always a successful Croatian-Canadian businessman, investor, and television personality and the initial phase of his life was not that rosy.
He moved to Canada with his family from Eastern Europe. Herjavec was eight when the family left their native country because his father, Vladimir, had been arrested multiple times for speaking out against the regime
Robert Herjavec’s family arrived in Halifax, Nova Scotia, with a single suitcase and little cash. They were taken in by a family friend and lived in their home basement for 18 months.
Robert Herjavec didn’t speak English, which made his life particularly difficult. He also had to deal with the fact that he was much poorer than his neighbors.
Herjavec’s father got a job in a factory earning $76 a week. His father used to walk to work to save money on bus fare. He instructed his son never to complain, which became a guiding principle in Herjavec’s life.
Robert Herjavec’s Education
Robert graduated from the University of Toronto with a degree in Political Science and English Literature. Right after graduation, Robert worked as a minimum wage worker to support his family. He took up jobs waiting tables, delivering newspapers and others to make ends meet.
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Robert Herjavec’s Career
Robert began his career after finishing school:
Robert Herjavec in Film
These minimum wage jobs didn’t last long as Robert got a new job as a third AD (assistant director) in productions such as Cain and Abel and The Return of Billy Jack. He was a field producer for Global TV at the 1984 Winter Olympics.
Logiquest
While he was working in productions, Herjavec applied for a position at Logiquest. He was to sell IBM mainframe emulation boards but since he wasn’t qualified he convinced the company hire him to work for free for six months. He waited tables to pay the rent.
He took his job seriously and based on his skill, dedication, and hard work, he became the general manager of the company.
BRAK Systems
In 1990, Robert was fired from Logiquest. He founded BRAK Systems, a Canadian integrator of Internet security software, from the basement of his home.
This company focused on developing advanced, powerful, and integrated internet security software. It took almost ten years to revamp and redesign this software. Then, 10 years later, AT&T Canada (now called Allstream Inc) bought the company for a deal worth around $30 million.
Ramp Network
Robert took a brief break before taking up the position of VP of Sales at another company called Ramp Network. It was sold to Nokia for $225 million.
Herjavec Group
Next, in 2003, he began his entrepreneurial work again as he started his own business again, The Herjavec Group.
The Herjavec Group specializes and focuses on internet security solutions and related services. Currently, it is Canada’s biggest provider of IT security services. The company, under the stewardship of Robert Herjavec, made $400,000 in sales just in its first year.
It now earns up to $200 million in annual revenue and is one of the fastest growing software companies in Canada.
Robert Herjavec Books
Robert has written a number of books detailing his journey and lessons learnt along the way to help other people to become successful entrepreneurs. These books are fall in the self-help and financial advice genre. They remind me of other authors in these genres like Tony Robbins and Robert Kiyosaki.
His first book, Driven: How to Succeed in Business and Life, was released in 2010, and the second book, The Will to Win: Leading, Competing, Succeeding was released in 2013. Herjavec has given a series of presentations based on the principles outlined in his second book. His third book, You Don’t Have to be a Shark: Creating Your Own Success, was released in 2016. All three books were well received.
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TV Appearances
Apart from running his own company, Robert Herjavec is a well-known television personality.
Robert has appeared on various shows including Shark Tank and Dragon’s Den, where he’s offered finance advice and invested on various projects. He invested $100,000 in a company called Tipsy Elves for a 10% stake. This deal has proved to be a great investment for Robert as the company has generated around $70 million in sales since he invested.
Herjavec has cultivated a following on social media and has 762K Instagram followers, 823.5K Twitter followers, and 177K Facebook Followers.
Conclusion
Robert Herjavec is known for being the founder of Herjavec group, the largest company that offers internet security solutions in Canada, and for his appearances on TV shows like Dragon’s Den and Shark Tank.
He came from humble beginnings but that didn’t stop him from creating an empire and gaining massive popularity.
He makes most of his money and annual revenues through this business ventures and various projects.
Before you leave
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.