Kevin O’Leary is an established Canadian businessman, investor, and television personality. He earned his first fortune with the software company called SoftKey International.
However, most people know him from reality TV shows like “Shark Tank” and “Dragon’s Den.” He is also known as “Mr. Wonderful and has a whopping net worth of $400 million.
If you are eager to know more about Kevin O’Leary’s career journey and lifestyle, you should read the post below.
Family and Early Life
Kevin O’Leary’s full name is Terence Thomas Kevin O’Leary. He was born on 9th July 1954, in Montreal, Quebec, Canada. He comes from a mixed background as his father is Irish and his mother is Lebanese.
Kevin lost his father soon after his parent’s divorce. His mother married Gorge Kanawaty, a famous economist. His step-father worked for the UN’s International Labour Organisation. As a result, he grew up moving around the globe. During his younger years, he lived in places like Tunisia, Cambodia, and Cyprus.
He learned about investing from his mother who was a skilled investor herself.
Kevin O’Leary is a married man. His wife’s name is Linda. The two have been married since 1990, with a temporary separation in 2011.
The couple share two children and resides in Toronto, Canada. Kevin also owns two cottages in Ontario and Switzerland.
Although Kevin O’Leary is a big businessman today, he was not always interested in this field. Initially, he wanted to be a photographer. But he took his step-father’s advice and attended university.
As per records, Kevin completed his graduation from the University of Waterloo in 1977. Later he enrolled at the Ivey Business School under the University of Western Ontario, where he acquired his MBA degree.
While studying MBA, he interned at Nabisco, which helped him gain experience that proved to be beneficial for him in his later career. After that, he spent a few years working as a TV producer and also co-founded Special Event Television.
After selling his share of the company, he established his own company called SoftKey in 1986. By 1993, the company developed several educational software. It became a big name in the educational software market after acquiring companies like Spinnaker Software and WordStar.
In 2003, Kevin became a director and co-investor of the company Storage Now. After a series of development projects, he founded Storage Now, which is the third largest storage service in Canada. In 2007, the company was acquired for $110 million.
Besides business, Kevin O’Leary is also an author and wrote a few books on business. In 2006, he was invited to join Dragon’s Den, followed by Shark Tank in 2009. He quit Dragon’s Den in 2014.
Earnings and Net Worth
Kevin O’Leary is a highly successful businessman. He became rich after the success of SoftKey, followed by Storage Now.
Apart from his own business Kevin O’Leary also generates an income from his investments. As of 2023, his net worth is estimated at $400 million.