It is none other than the well-known Kevin O’Leary, a true multi-tasker with a fortune in the region of $400 million, who has demonstrated his abilities in politics, business, and the media.
Kevin O’Leary Net Worth
As the founder of soft key international and the television shows “Dragons Den” and “Shark Tank,” he may be familiar to some of you.
Kevin O’Leary Infancy and Childhood
Kevin’s full name is Terence Thomas Kevin O’Leary, and he was born on July 9, 1954, in Montreal, Quebec, Canada, making him one of the most famous Canadians. An Irish father and a Lebanese mother have given him a wide range of accents.
As a result of his paternal ancestry, Leary possesses both an Irish passport and Irish nationality. Gorge Kanawaty, an economist, was his mother’s new husband following the death of his father.
When Leary was a child, his stepfather worked for the United Nations International Labor Organization, which meant that he grew up in countries like Tunisia and Cyprus, as well as Cambodia.
He learned a lot from his mother, who was an excellent investor who taught him how to set aside a third of his earnings for the future.
And because his stepfather recommended him to go to college first before pursuing his dream of being a photographer, he did just that. He went to school and got his degree.
It was around this period of time in high school that he began to develop an interest in business and investment. As of 1977, Kevin had earned a bachelor’s degree from the University of Waterloo and, as of 1980, an MBA from the Ivey School of Business.
Kevin O’Leary Career in Business
When Kevin was in school for his MBA, he worked as an assistant brand manager for a cat food firm while doing an internship at Nabisco. He claims that this internship has given him the tools he needed to succeed later in life.
After completing his internship, he began working as a television producer and, along with other of his MBA classmates, co-founded Special Event Television (SET), an independent television production firm.
Later, one of the partners bought Kevin’s portion of the venture for 25,000 dollars. After selling his shares in SET, he formed a software company called soft key with John Freeman and Gary Babcock in a Toronto basement in 1986.
His 25000 dollars from selling his share and a 10000 dollar loan from his mother were all he had to start a CD-ROM-based personal computer software publishing and distribution company for Macintosh and Windows systems after a banker withdrew their pledge money of $250,000 dollars.
Also in 1993, this corporation started to buy competing companies like WordStar and Spinnaker software, which helped to expand their popularity. The learning company (TLC) was purchased by SoftKey for 606 million dollars in 1995, after which SoftKey used the brand TLC.
In 2003, Kevin was also a co-investor and director of Storage Now, a firm specialising in self-storage. The climate-controlled storage facilities of this company are well-known. Storage Now is now Canada’s third-largest provider of self-storage services, thanks to a number of successful innovations.
Kevin O’Leary Life at Home
Kevin and Linda were married in 1990. The pair divorced in 2011, but remarried less than two years later. Linda is presently the vice president of marketing for O’Leary Wines, a position she has held since 2004.
Trevor, a music producer and DJ, and Savannah, a Multimedia Producer at the Huffington Post are their two children. He has a number of properties, but Toronto is where he lives and does his taxes. Aside from that, he also has homes in Boston, Geneva, and the Swiss city of St. Gallen.
He’s also a talented photographer who’s been doing it for a long time. He’s held a number of exhibitions and contributed the proceeds to charity. Kevin is also well-known for his devotion to the New England Patriots, a professional American football club, and for claiming to have seen each and every one of the team’s games.
Kevin O’Leary Politics
On January 18, 2017, O’Leary formally entered the political arena. During his formal campaign, he was frequently likened to Donald Trump, a wealthy businessman who earned fame through television. On April 26, 2017, O’Leary formally resigned from the contest for the Democratic Party’s nomination for president.
Kevin O’Leary Ventures Outside of the Company
Kevin published his first book, titled “Cold Hard Truth: on Business, Money, and Life,” in September of 2011. He also followed up with two more albums. From his appearances on “Share Tank” and “Dragons Den,” he was dubbed “Mr. Wonderful”.
This is a remarkable achievement for a man who has worked so hard to build his own business, Kevin O’Leary’s wealth now stands at $400 million. Alchemist author Paulo Coelheid was referring to this in his book when he wrote “And, when you want something, the entire universe conspires in helping you attain it.”