Kevin O’Leary Net Worth: Lifestyle & Businesses
Kevin O’Leary has a net worth of $400 million. He is a Canadian businessman, politician, television personality, and author.
O’Leary is best known as the founder of software company SoftKey International. Similarly, he has appeared in several TV shows, including Shark Tank and Dragon Den.
SoftKey International sold family education and entertainment software, which later acquired several of its rival companies such as Compton’s New Media, Brøderbund, and The Learning Company.
However, the company changed its name to The Learning Company, which Mattel acquired in 1999. O’Leary is also into politics and campaigned to be the leader of the Conservative Party of Canada in 2017.
Kevin was born on Terence Thomas Kevin O’Leary on 9th July 1954 in Montreal, Quebec, Canada. His mother, Georgette, was a small business owner and of Lebanese descent.
Similarly, his father was of Irish descent and was a salesman. Leary grew up with his brother Shane O’Leary in the Town of Mount Royal, Quebec. O’Leary also holds Irish citizenship and passport due to his parental heritage.
Kevin’s father was an alcoholic, which led to divorce when Kevin was just a child.
Soon after the divorce, his father died when O’Leary was only seven years old. After his father’s death, his mother married George Kanawaty, an economist who worked with the UN’s International Labor Organization.
Because of his stepfather’s work, the family frequently moved to different countries, including Ethiopia, Tunisia, Cyprus, and Cambodia.
|Full Name||Terence Thomas Kevin O’Leary|
|Nick/Celebrated name||Kevin O’Leary|
|Date of birth||July 9, 1954|
|Age||68 Years Old|
|Birthplace||Montreal, Quebec, Canada|
|Parents||Father’s Name- Terry O’Leary
Mother’s Name- Georgette
|Siblings||Shane O’Leary (Brother)|
|Height||5 feet 9 inches (1.77m)|
|Weight||81 kg (178 lbs.)|
|Eye Color||Dark Brown|
|Academic Qualification||Honorary MBA in Entrepreneurship Degree
Honorary Bachelor’s Degree in Environmental Studies
|Children||Trevor O’Leary, Savannah O’Leary|
|Profession||Businessman, Television Personality, Politician, Author|
|Net worth||$400 million|
|Social Network||Facebook, Twitter, Instagram|
|Last update||March 2023|
Kevin O’Leary: Net Worth and Income
Kevin O’Leary is a Canadian businessman and media personality with an astonishing net worth of $400 million as of March 2023.
His fortune comprises earnings from his business ventures, television salary, and politics.
He makes about $30,000 per episode on Shark Tank.
Most notably, he made his fortune selling his software company to Mattel in 1999. Mattel acquired the TLC Company for $4.2 billion.
Similarly, O’Leary has invested his fortune in savvy business ventures. For instance, O’Leary invested in the company Now Storage. Another company later acquired the company for $110 million.
Net Worth of Kevin O’Leary in Different Currencies
Let’s have a look into the net worth of Kevin O’Leary in different currencies, including the cryptocurrency BitCoin.
|Euro||€ 341 million|
|Pound Sterling||£ 292.62 million|
|Australian Dollar||A$ 548.86 million|
|Canadian Dollar||C$ 505.07 million|
|Indian Rupee||₹ 29,493,600,000|
Houses and Cars
Kevin O’Leary has numerous properties across the world. He primarily resides in Toronto, Canada; however, he has properties in Lake Joseph, Ontario, Boston, and Geneva, Switzerland.
Canada Lake Home
The lake house spans over 3,000 square feet. There is plenty of room for his family to hang out and relax in the home.
Interestingly, the house also has a boathouse and dock on the lake. The lake home is simply beautiful and offers stunning views of the area.
It gets cold, and the lake freezes during winter, but that does not mean the area is dull.
Moreover, there are tons of fun snowmobiling and skiing options during winter. In the summer, it is fun to chill and ride the boat on the lake.
Just like his multiple properties, Kevin has a huge fleet of cars. However, his taste in cars is practical.
He owns a Honda Civic that costs about $21,000. Similarly, he owns a BMW X1 worth about $37,000.
Apart from these, Kevin has a Mercedes Benz E Class and Opel Astra, which costs about $54,000 and $31,000, respectively.
So how does the multi-millionaire leads his daily life? Kevin’s typical morning starts after waking up at around five the morning.
He then does work out on the elliptical machine at home while watching the early morning business news, looking for any trends in the EU that might translate to American markets.
The workout session usually takes an hour, and he tries burning at least 500 calories.
After exercising, he stretches until 6-6:30 and heads upstairs to his bathroom to shower and get dressed.
He usually picks up his signature outfit, which includes a black suit, white shirt, and a black-tie.
After that, he does breakfast while checking emails. His breakfast is usually hard-boiled eggs.
He then starts his work at around 7 in the morning and works with no break until 10:30. For him, mornings are the most productive time of the day, so his priority list is ordered to tackle the toughest challenges first.
He changes into workout gear at around 10:30 and hits the road for a 20-minute bike ride.
After the bike ride, he gets back at around 12:15 in the afternoon and makes a light lunch. He does not like to overeat during the daytime and usually limits himself to 1,700 calories.
After eating lunch, he resumes his work at around 1 in the afternoon and primarily connects with his company CEO’s around this time.
After that, at around 5:30, he catches up with his colleagues, talking about business news and other personal topics.
He also spends over an hour on his phone wrapping up the day’s communications around 6:30 in the evening.
Kevin is a wine enthusiast. In fact, he owns a wine store. His typical evening starts with a crisp white Montrachet wine. He usually prefers to drink outdoors.
After that, he cooks dinner and also enjoys his finals glass of wine. He also loves watching television and reading books before bed. At around 8:30 pm, he gets to bed.
Kevin O’Leary launched an exhibition showcasing selections from 40 years’ worth of his photography in 2013.
It started in Toronto, Canada, and was scheduled to stop in several cities.
The proceeds of the sales of his photography went to Future Dragon Fund. It is the Canadian version of Shark Tank, and the money was given away as prizes to aspiring teenage entrepreneurs.
Kevin claimed that he raised over $70,000 before the exhibition even launched. It amassed over a quarter-million dollars in no time, and Kevin gave it away almost as quickly as it came in.
Moreover, he has also established a foundation named O’Leary Foundation. Furthermore, the foundation supports various causes such as Education, Human Services, and Health Care.
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Media, Investments, and Books
Kevin has appeared in several TV shows throughout his career. However, he is best known for his appearances in Shark Tank, 2013 The Neighbors, Dragon’s Den, and Beyond The Tank.
Apart from that, he has appeared in television series such as Dr. Ken, Grace & Frankie and also voiced a character in Trailer Park Boys, the Animated Series.
Kevin is also an executive producer of Money Court, a television series.
During his MBA days, O’Leary did an internship at Nabisco and worked as an assistant brand manager for the company’s cat food brand.
He thanks this experience for helping him develop skills that aided his later success.
After quitting Nabisco, Kevin embarked on his career as a television producer. He also co-founded the TV production company Special Event Television (SET) with two former fellow MBA classmates.
Kevin’s share of the partnership was eventually acquired by one of these partners for $25,000.
He then founded SoftKey, a software company, in 1986 in Toronto.
One of the sponsors chickened out of the project, which led Kevin to invest the $25,000 SET share money and an additional $10,000 investment loan from his mother to establish the company.
The company was a distributor and publisher of CD-ROM-based PC software for Macintosh and Windows computers.
The company got bigger and acquired several rival companies.
However, Mattel acquired the whole company for $4.2 billion in 1999. When the sales declined, Kevin quit the company.
Kevin also invested in the company Now Storage in 2003.
The company develops a climate-controlled storage facility which is now Canada’s third-largest operator of storage services. The company is in eleven cities serving such major companies as Merck and Pfizer.
However, in March 2007, the company was acquired for $110 million.
Furthermore, Kevin joined the advisory board of Genstar Capital in March 2007, which is an equity firm that focuses on investing in industrial technologies, business services, and software and healthcare services.
Genstar Capital selected O’Leary to its Strategic Advisory Board to seek new investment opportunities for its $1.2 billion fund.
O’Leary published his first book, Cold Hard Truth: On Business, Money & Life, in September 2011, in which he shares his opinions on relationships, investing, money, and life.
Similarly, in 2012, he published a sequel named The Cold Hard Truth on Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.
The book focused on financial literateness and financial education as a foundation for achieving wealth.
In 2013 O’Leary released a follow-up in which he covers subjects relating to essential life choices: education, careers, marriage and family, and retirement. Moreover, the book is named Cold Hard Truth on Family, Kids, and money.
He discusses the hindrances of raising a family while working to provide financial security for them and advises on developing financial literateness in family members, saving and investing money, and handling debt and credit.
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Kevin’s mother was a skilled investor who invested her weekly paycheck in dividend-paying stocks.
However, she kept the investments secret, and Kevin only discovered his mother’s skill as an investor after her death through the will.
Kevin went to St. George’s School and Stanstead College, both in Quebec, Canada. Moreover, Kevin wanted to become a photographer but later chose to attend university as per the advice of his stepfather.
The Canadian Businessman developed an interest in investing and business. Furthermore, in 1980, he received an honorary MBA degree in entrepreneurship from the Ivey Business School at the University of Western Ontario.
Similarly, in 1977, he received an honorary bachelor’s degree in environmental studies and psychology from the University of Waterloo.
Kevin officially entered the Conservative leadership race following months of public speculation on 18th January 2017.
The press compared him to former President Donald Trump during his campaign. Both were businessmen who gained recognition through reality TV and ran on platforms that included lowering taxes and regulations.
On 26th April 2017, he officially left the leadership race. Apart from that, Kevin’s been married to Linda since 1990, with a brief two-year separation in 2011.
Moreover, Kevin worked as a co-host for the Discovery Channel’s Discovery Project Earth in 2008. The show focused on innovative ways to reverse climate change.
Unknown Facts about Kevin O’Leary
- Kevin O’Leary was a commentator for years for the CBC Television program.
- The first job Kevin did was at the ice cream parlor.
- Similarly, Kevin is an avid pen collector. He finds and collects rare pens.
- His nickname is Mr. Wonderful which he got on Shark Tank.
- Surprisingly, Kevin loves playing guitar. In fact, he has a signed Gibson Les Paul guitar which he considers one of his most treasured possessions.
Quotes of Kevin O’Leary
“Here’s how I think of my money – as soldiers – I send them out to war every day. I want them to take prisoners and come home, so there’s more of them.”
“I’m not a tough guy. I’m just delivering the truth and only the truth, and if you can’t deal with it, too bad.”
When did Kevin O’Leary become a millionaire?
Kevin O’Leary became a millionaire in 1999 when he struck the greatest deals of his life, selling his company to Mattel for $4.2 billion.
Was Kevin O’Leary ever a billionaire?
No, Kevin O’Leary was never a billionaire. He is worth $400 million and is the second richest in the Shark Shark Tank.
How much does Kevin O’Leary make on Shark Tank?
Kevin O’Leary makes about $30,000 per episode of the Shark Tank.
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