Kevin O’Leary is a multimillionaire from Canada, best known as the founding father of Softkey Software and a member of the jury in Dragons’ Den and Shark Tank TV shows.
Born in Quebec, Canada, in 1954, Kevin O’Leary is a child of Irish father Terry O’Leary and a Lebanese mother Georgette. He has one brother, Shane. Thanks to his father’s origin, O’Leary also has an Irish passport as well.
O’Leary’s first job become at Nabisco, in which he landed an internship during his studies. He later became an assistant brand manager for Nabisco’s cat meals brand. He frequently said that his success is in part because of the revel in the profits while working there.
His first personal project becomes Special Event Television, an organization he started with of his friends. The organization produces sports activities TV shows like The Original Six, Don Cherry’s Grapevine, and Bobby Orr and the Hockey Legends. O’Leary later bought his stocks in the organization for $25,000. He then started SoftKey in 1986. By the 1990s, the organization has become a first-rate provider of instructional software programs and in 1995, they bought The Learning Company (TLC) for $606 million.
Despite the new investments and acquisitions, TLC becomes losing money and become bought Mattel for $4.2 billion in 1999. It become later dubbed as one of the worst purchases in history.
Mattel even sued O’Leary, claiming that he deceived them. O’Leary defended himself in the court and Mattel needed to pay an additional $122 million to settle the suit. Later, O’Leary said that it becomes
the era meltdown and a traditional conflict of management that destroyed TLC.
In 2008, he started his own mutual fund funding organization O’Leary Funds Inc. He serves as lead investor and CEO, while his brother Shane is a director.
Kevin O’Leary is understood to the overall public for his appearances in Dragon Den and Shark Tank. His TV personality of a difficult and abrasive investor delivered him his nickname Mr. Wonderful. He additionally co-hosted Discovery Channel’s Discovery Project Earth.
Kevin O’Leary’s net worth is expected at $four hundred million. Considering what number of hit tasks he has been concerned about, it isn’t sudden that he controlled to accumulate such wealth. He is evidence that, irrespective of how humble one’s foundation is, it’s far nevertheless viable to upward push to the stars.