Over the years, business tycoon Daymond John has worked hard and made a place for himself in the world of business. At the moment, you can see him in season 14 of the show Shark Tank which premiered on September 23, 2022.
The net worth of the popular business mogul is enough to make your jaws drop to the floor. Continue reading further to know more about Daymond John including his business ventures, net worth, and more.
Daymond John’s net worth in 2023 revealed
Celebrity Net Worth portal reports Daymond John who is a businessman, television personality, fashion designer, and author, has an estimated worth of a staggering $350 million in 2023.
John was born on February 22, 1969, in Brooklyn, New York City and he was brought up in the Hollis neighborhood of Queens. His parents parted ways when he was 10 years old. Then, he started doing different jobs like handing out flyers, waiting tables, and more to support his family financially.
During his high school days, Daymond took part in a program that allowed him to work a full-time job and get his school homework done on an alternate schedule. Later on, he graduated and began working as a waiter at Red Lobster. Then, he began a commuter van service.
When did Daymond John start his company FUBU?
The Brooklyn native began his clothing company FUBU at the age of 20. The term ‘FUBU’ stands for “For Us By Us.” He started his global lifestyle company at his mom’s house in Queens.
Daymond’s clothing brand shows his love for fashion as well as hip-hop. His main goal was to garner the attention of young and urban customers. After seeing her son’s passion for FUBU, his mom allowed him to mortgage her house to raise some money for the capital of the start-up.
In addition to this, the Shark Tank judge started selling tons of screen-printed T-shirts. Up until now, he has also authored many books including The Brand Within, Display of Power, The Power of Broke, Outhustle Your Way to a More Successful, Little Daymond Learns To Earn, Rewarding Life, and Rise & Grind: Outperform, Outwork.
Many of John’s books have been able to bag a spot on the New York Times and Wall Street Journal bestseller lists. His book The Power of Broke was honored with an NAACP Image Award for Outstanding Instructional Literary Work.
Here’s all you need to know about John Daymond’s other business ventures
The FUBU CEO served as the executive producer of the 2005 film The Crow: Wicked Prayer. He is the brand ambassador of Shopify. At the moment, he is the founder and the current CEO of The Shark Group. For those of you who are unaware, let us share with you, The Shark Group is a consulting and brand management firm.
In the year 2015, Daymond co-founded Daymond John’s Success Formula, a program that aimed to teach entrepreneurs how to grow and expand their businesses. He also runs an online training program for entrepreneurs called Daymond on Demand.
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