Kevin O’Leary, a multimillionaire, is a Canadian Irish businessman with a well-known personality and a great author. Kevin, the founder of Softkey Software products, is also known as “Mr Wonderful,” a moniker he got from the Shark Tank series for his abrasive approach to business titans and entrepreneurs.
He was recently the front-runner for the Conservative Party of Canada leader, but he dropped out just days before the election. So, how did Kevin O’Leary amass such wealth as evidenced by his net worth figures?
Quick Facts
Celebrated Name: | Kevin O’Leary |
---|---|
Real Name/Full Name: | Terence Thomas Kevin O’Leary |
Gender: | Male |
Age: | 68 years old |
Birth Date: | 9 July 1954 |
Birth Place: | Montreal, Canada |
Nationality: | Canadian |
Height: | 1.77 m |
Weight: | 81 kg |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Linda O’Leary (m. 1990) |
Children: | Yes (Trevor O’Leary, Savannah O’Leary) |
Dating/Girlfriend (Name): | N/A |
Profession: | Businessman |
Net Worth in 2023: | $450 million |
Last Updated: | October 2023 |
Kevin O’Leary Biography
Terence Thomas’s Childhood Kevin O’Leary was born in 1954 in Quebec, Canada, to an Irish father, Terry O’Leary, and a Lebanese mother, Georgette. He has a brother with whom they were raised. When he was a child, his father divorced his mother and later died of alcoholism.
O’Leary’s mother was a business executive and an expert investor. Following her husband’s death, she married George Kanawaty, whose job required the family to relocate to various locations. Still, O’Leary attended Stanstead College, St. George’s School, and the University of Waterloo, where he graduated with a B. An in environmental studies, and University of Western Ontario, where he graduated with an MBA in entrepreneurship.
Kevin O’Leary Age, Height, Weight
Kevin O’Leary was born on July 9, 1954; He is 68 years old as of 2023. His height is 1.77 m, and he weighs 81 kg.
Career
Kevin O’Leary began his career in 1979 as an assistant brand manager for Nabisco’s cat food brand, then co-founded Special Event Television, which produced sports, documentaries, and minor television shows. He eventually sold his stake in the company.
With the proceeds from selling SET, he relocated to Toronto and established Softkey in his basement. Softkey used to be involved in the publishing and distribution of CD-ROM-based software. In 1990, the company prospered because it dealt with educational software products.
Softkey paid $600 million for The Learning Company (TLC) in 1995, owing to rising profits. Despite paying $400 million for Broderbund, the company lost money for the next two years. TLC was then sold to Matter for $4.2 billion in 1999. This was one of the most disastrous acquisitions in history because Mattel did not make any profits and lost $3 billion in shareholder value. The loss was devastating, and Mattel sued O’Leary for deceiving them, but he denied the charges.
He then invested $500k in StorageNow Holdings and sold his shares for $4.5 million. Kevin has also founded other businesses, including O’Leary Funds, which has over $1 billion in the capital, O’Leary Ventures, and ETF and investing.
Aside from business, he has been making media appearances. These appearances have included Dragons’ Den and Shark Tank on the Discovery Channel, Discovery Project Earth on the Discovery Channel, The Lang and O’Leary Exchange on CBS, and Redemption Inc.
Kevin O’Leary Achievements and Awards
Kevin O’Leary has been able to author three books in addition to being wealthy. Cold Hard Truth: On Business, Money, and Life, Cold Hard Truth on Men, Women, and Money, and Cold Hard Truth on Family, Kids, and Money are the titles of these books.
Kevin O’Leary’s Net Worth in 2023
Kevin O’Leary’s net worth is estimated to be $450 million as of October 2023. Due to his abrasive approach to business tycoons and entrepreneurs on Dragons’ Den and Shark Tank is popularly known as “Mr. Wonderful.” The majority of his fortune has come from the sales of Softkey software products, which he co-founded. Kevin O’Leary’s numerous investments are another source of income that has increased his net worth.
Kevin O’Leary’s net worth of $450 million ensures that nothing on this planet is impossible and that you can succeed in business if you invest wisely. You understand when it is time to sell the company. He may have been accused of defrauding investors by purchasing Softkey, but the man simply knew when to sell it before technology evolved.
Kevin O’Leary Wife, Marriage
Kevin O’Leary and his wife Linda have two children. They have been married since 1990. They previously divorced in 2011 but remarried in 2014.
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