Robert Herjavec Net Worth – Shark Tank Investor and Cybersecurity Mogul

Robert Herjavec is an entrepreneur and television personality, best known for his appearances on Shark Tank and the Canadian version of Dragons Dens. He built his fortune by founding computer company BRAK Systems, which he sold to AT&T Canada in 2000 for $30.2 million. Currently, he is the CEO of cybersecurity company Herjavec Group. Today, Robert Herjavec has a net worth of $200 million.

Name:Robert Herjavec
net worth:$200 million
Annual income:Over 20 million USD
Source of wealth:Cybersecurity and investment
wife: Kim Herjavec

early life

Herjavec was born on September 14, 1962, in Zbijeg, Croatia. Herjavec’s father, Vladimir, had been detained for opposing the communist government, and in 1970 his family fled the war-torn country in hopes of a better life elsewhere.

When Robert was eight, his family moved to Halifax, Nova Scotia, Canada, and later to Toronto, Canada. The family lived in a friend’s basement for 18 months while Robert’s father found a job in a factory to support the family.

Herjavec received a bachelor’s degree in English literature and political science from the University of Toronto in 1984. However, even with a degree, he worked a variety of low-paying jobs, including delivering newspapers, waiting tables, and even collecting debts.

Entrepreneurial Career

Similar to Kevin O’Leary, Robert had an early interest in filmmaking and worked as an assistant director on several television shows. While switching jobs, he got a job at Logiquest, selling IBM mainframe emulation boards, even though he didn’t have the necessary qualifications.

After being fired as general manager of Logiquest, he started an Internet software company in his basement called BRAK Systems, which the Croatian native sold to AT&T Canada a decade later for $30.2 million.

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He then briefly served as vice president of sales at Ramp Network, which was acquired by Nokia for $200 million. In 2003, he founded the network security company Herjavec Group, which was later renamed Cyderes and has annual revenues of $200 million.

Media career

With his successful career as a businessman, Herjavec was invited to join the Canadian version of Dragons’ Den. He participated in the first six seasons but jumped to Shark Tank in 2009 along with Kevin.

He is still an original cast member of the show, but he has not done many deals and tends to be very picky. Also, entrepreneurs usually choose billionaire Mark Cuban. He has invested in more than 50 companies on the show, including Tipsy Elves, Happy Feet and Sand Cloud.

In addition to Shark Tank, Robert is also a published author and appeared on Dancing With the Stars Season 20. It was here that he met his future wife, Kim Johnson.

Net assets and earnings

As a “Shark Tank” guest, Robert Herjavec makes $50,000 per episode. However, he’s expected to make more money from his investments on the show. His most successful Shark Tank deal was Tipsy Elves, a clothing brand that has generated $125 million in sales.

Apart from his television ventures, Herjavec also makes money through real estate investments and running a cybersecurity company, Cyderes. With his business endeavors, his net worth is estimated to be $200 million.

personal life

In 1990, Robert married optometrist Diane Price and had three children: Brendan, Skye and Caprice. Sadly, they divorced in 2014 and he married Australian dancer Kim Johnson in 2016. The two have twins, Hudson and Haven. They live in a mansion in Toronto, which houses Robert’s impressive car collection.

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Categories: Shark Tank

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