Kevin O'Leary is a Canadian businessman, author, and television personality. He is a millionaire who has found his fortune through past-owned companies and investment. So let's calculate how much money he owns along with his detailed biography.
Kevin O'Leary was born on July 9, 1954, in Montreal, Quebec, Canada. His parents are Terry O'Leary and Georgette O'Leary. His father was a salesman of Irish descent, and his mother was a small-business owner and investor of Lebanese descent.
Kevin also has a brother, Shane O'Leary. Kevin's parents were divorced when he was just a child as his father was addicted to alcohol and died after their divorce. It was Kevin's mother who ran an executive business.
Later his mother married George Kanawaty, an economist working with UN's International Labour Organization. They had to move frequently because of his father's job to the place like Cambodia, Tunisia, and Cyprus. Kevin O'Leary went to Stanstead College and St.
George's School, both of them in Quebec. Later, he went to University of Waterloo and earned honors bachelor's degree in environmental studies and psychology in 1977. He has his MBA in entrepreneurship from Ivey Business School at the University of Western Ontario in 1980.
Kevin O'Leary Career
Kevin O'Leary along with his business partners John Freeman and Gary Babcock founded Softkey, a publisher and distributor of CD-ROM based personal computer software for Windows and Macintosh computers during the late 1980s and 90s.
SoftKey acquired rival companies such as Compton's New Media, The Learning Company and Brøderbund. SoftKey later changed its name to The Learning Company and was acquired by Mattel 1999, with the sale making O'Leary a multimillionaire.
Mattel soon fired O'Leary after the acquisition resulted in significant losses and multiple shareholder lawsuits. Kevin O'Leary co-founded O'Leary funds; a mutual fund company focused on global yield investing along with his brother, Shane in 2008.
He also made his appearance in his many 2004-2014 Canadian television shows, including the business news programs O'Leary Exchange and SqueezePlay and The Lang, as well as Dragons' Den and Redemption Inc. In 2008, he appeared on Discovery Channel's Project Earth.
Since 2009, he has appeared on Shark Tank, the American equivalent of Dragons' Den. In 2017 he campaigned to be the leader of the Conservative Party of Canada. He was a frontrunner in the polls during much of that time, but dropped out in April 2017, one month before the election, citing a lack of support in Quebec.
Kevin is also an author. His books are Cold Hard Truth: On Business, Money & Life, and The Cold Hard Truth on Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.
Kevin O'Leary Wife And Kids
Kevin married Linda in 1990.
But the couple went their way in 2011. However, they resumed their marriage after two years of realizing they are better with each other. Together this couple has two children, a son, Trevor who is a music producer and DJ and a daughter, Savannah O'Leary.
Kevin O'Leary Net worth
His fortune came when Kevin sold Softkey to Mattel, Inc in 1999 for roughly $ 4 billion. Later Mattel fired O’Leary, handing him $5 million in severance pay on the way out. Since then, O’Leary has found new success in investing in a wide range of ventures.
He sold his stake in Storage Now, in 2007, making a reported $4 million profit. And in 2008, O’Leary co-founded O'Leary Funds, Inc., a mutual fund company. Kevin also added to his money with his hugely successful books.
He also earned a right amount as a television personality as co-host of a talk show on Canada’s national business television channel, host of a series on the Discovery Channel and as the co-star of CBC News Network's "The Lang and O'Leary Exchange."
In 2009, when he was hired to play the role of a potential investor on "Shark Tank." While O’Leary’s pay for being on the show is unknown, co-host Mark Cuban was offered a reported $30,000 per episode.
Well, it is safe to assume that Kevin wasn't paid any less.
Cars And Houses
Forget about his fortune; he owns a great many luxurious houses. He also holds a cottage on Lake Joseph in Muskoka, Ontario, Canada, as well as residences in Toronto, and Geneva, Switzerland.
Meanwhile, he resides in a large condominium on Marlborough Street, in the fashionable Back Bay section of Boston, Massachusetts, near the Charles River. Also, he has a long list of cars he owned some of them, including Audi A3 ($ 26500), BMW 4 Series ($ 47,000), Ford Kuga ($ 36,000), Ford Mondeo ($ 26,000).
Kevin O'Leary Facts
- He borrowed $10,000 from his mother to invest in Softkey.
- Also, he has spent part of his fortune on an extensive collection of Les Paul guitars, including one signed by Les Paul himself.
- He loves wines.
- After amassing his fortune, O’Leary returned to a passion from his youth: photography.
- O'Leary had aspired to become a photographer, but on the advice of his stepfather attended university.
- His Instagram has 323k followers, and his Twitter has 705k followers.