Robert Herjavec is a wealthy investor, businessman, and popular TV personality, best known for his important roles on both Dragons’ Den and Shark Tank.
Thanks to his successful business ventures and investments, Herjavec has amassed millions of dollars over the years.
Robert Herjavec’s estimated net worth as of 2024 is $300 million.
The venture capitalist has an inspiring story behind his wealth. Aside from his success on television, he’s built an impressive internet security software empire and is the author of several bestselling books.
How Much is Robert Herjavec Worth in 2024?
- Tech Entrepreneur: Robert Herjavec’s $300 million net worth is largely due to his success with BRAK Systems and The Herjavec Group, a leading cybersecurity firm.
- TV Fame: His roles on Dragons’ Den and Shark Tank have not only increased his wealth but also his public profile.
- Real Estate and Cars: Herjavec invests heavily in real estate and luxury cars, owning properties worth over $68 million and a car collection valued at $6.5 million.
- Resilience and Growth: From humble beginnings to business success, his story highlights the importance of perseverance and strategic investments.
Robert Herjavec’s Net Worth Breakdown:
The largest portion of Robert Herjavec’s net worth comes from his stake and CEO salary at The Herjavec Group, but the details are not made public because the company is privately owned. We examined all of the most reputable sources to build as accurate of an estimate as we could. Here’s the full breakdown:
As of 2024, Robert Herjavec continues to lead Cyderes, the cybersecurity company he formed after the merger of The Herjavec Group and Fishtech Group. His cybersecurity business is growing rapidly, with a 63% year-on-year growth rate. He remains an active investor and a popular figure on Shark Tank and Dragons’ Den, frequently appearing in both business and philanthropic events. Robert Herjavec was born in 1962 in Varazdin, Croatia. He was born in poverty and lived a tough life since his father was jailed his speaking out against the communist regime of former Yugoslavia. Even so, he speaks dearly of this period. Here is what he said during a CBC documentary: ‘‘I was lucky to grow up like that. We were poor financially but we were never devoid of spirit, or love, or support, or encouragement. In that little village, I was the most important guy to my uncle. What a great way to grow up!’’ When Robert Herjavec was eight, in 1970, the family moved to Toronto, where his father started working in a factory. He walked two miles to get to work to support his family to save money because the family couldn’t afford the bus fare. When they immigrated, the family had $20 to their name, one suitcase, and lived in a basement for over a year. Robert’s beginnings in Toronto were difficult. He didn’t speak the language and found it hard to make friends. While it took him several years to learn to speak fluently and he was often ridiculed at school for his lack of language proficiency and economic status, Robert Herjavec succeeded like a few others. The many hardships he had to endure likely helped prepare him for the intense world of business. In 1984, he graduated in English Literature and Political Science from the University of Toronto. Robert Herjavec had humble beginnings in the entrepreneurship world, but his luck turned around soon after he formed an internet security company named BRAK Systems in 1990. He founded it himself and ran it out of a basement but it was quickly a tremendous success. After this profitable venture, his net worth counted millions and continued to grow thanks to his business The Herjavec Group, and his popular appearances in Shark Tank and Dragons’ Den. Here is how the venture capitalist and television personality built his estimated net worth of $300 million. Robert Herjavec didn’t immediately start earning the big bucks. He started by waiting tables, delivering newspapers, and working several other gigs that helped him support his family. Later on, he started working as a third assistant director in the film industry, but since the work was inconsistent, he applied for other jobs. One of those jobs was for LogiQuest, a web-based logistics company, where he would sell tech equipment. Although he lacked the qualifications for this role, management chose him for the position and took him in for an unpaid internship for 6 months. Herjavec was such a great employee that he worked his way up the corporate ladder to become the general manager of the company. He was eventually fired from LogiQuest in 1990. This seemed like a low point for his career at the time but it turned out to be the best possible outcome. Herjavec started a business with the founder of Avis Rent a Car, Warren Avis. He worked there for nearly three years before he sold his stakes in the company for $60,000. He used the money to start his own company, BRAK Systems, marking the turning point in his career and wealth. After his stint at LogiQuest and his short partnership with Avis, Herjavec decided to focus all of his attention on BRAK Systems, an internet security software business. He built the software from his basement and within a few years it was one of the leading internet security companies in Canada. In 2000, and sold the company for over $30 million to AT&T Canada. After the extraordinarily profitable sale of BRAK Systems, Robert landed the role of Vice President of Sales at Ramp Network, which sold internet security appliances. He helped grow the business until it was sold for more than $225 million to Nokia. His salary wasn’t made public nor were his proceeds from the sale but he almost certainly earned a pretty penny for his work. In 1990, Herjavec married Diane Plese. The couple separated after a 24-year marriage and divorced two years later. They have three children – two daughters and a son. In 2019, a judge ordered Robert to pay $25 million to Plese in a divorce settlement. This put a large dent in Robert Herjavec’s net worth and the divorce also took a large toll on his mental state. At the time, he reportedly struggled with depression and suicidal thoughts: “It’s been a terribly difficult year,” he adds. “We were great parents and a great team, but over time we drifted apart… Everyone has their kryptonite,” he said. “For me, it was my kids. It took me to a place I never thought I would go.” During his appearance on Dancing with the Stars on the 20th season of the show in 2015, Robert met his second wife, Kym Herjavec, his dancing partner. The pair finished in sixth place. Robert Herjavec married Kym a year later and the couple had twins in 2018. They are still married to this day. After the sale of Ramp Network and his divorce from Diane Plese, Herjavec took a break from his career for a few years to spend more time with his children. In 2003, he jumped back into the business world when he started his own business called The Herjavec Group. The small cybersecurity company became one of the fastest-growing software companies in the world, and in just a few years, it was an industry powerhouse. Over the years, The Herjavec Group has merged with a few competitors. It also went through a name change and is now called Cyderes. Robert remains the CEO of Cyderes to date. After merging with Fishtech Group in 2022, Herjavec reported that Cyderes now employs over 800 people and has six security operation centers in the US, Canada, India, and the UK. This latest merger resulted in a 63% growth rate for the company. Because Cyderes is still a privately owned company, it doesn’t have to disclose how much money Herjavec makes for his work as CEO. However, it’s likely a hefty sum as its annual revenue is estimated to fall between $100 million and $500 million. In addition to business ventures, the entrepreneur has also appeared on several TV shows, including Dragons’ Den and Shark Tank. He remains on both TV series today. Herjavec is one of the original founding Dragons on the popular Canadian TV series Dragons’ Den. The show is one of many that were based on the Japanese show called The Tigers of Money where inventors and entrepreneurs show off their fledgling businesses to a cast of venture capitalist investors, looking for investments. Herjavec left the program for a decade after six seasons but has recently returned for season 17. “Ten years ago, I left Canada to take on the world! Today, I run a global, billion-dollar company with 800 people, and I’m back home to where it all started,” he says. During his time working on Dragons’ Den, Herjavec won three Gemini Awards for Outstanding Reality Show in Canada. In 2009, Robert Herjavec joined the US version of Dragons’ Den named Shark Tank in its first season. It would quickly become one of the most successful reality TV shows of all time. Like Dragons’ Den, he left the show partway through after six seasons to focus on business and family but rejoined it in season 15 and is still on the cast. He now appears on Shark Tank with: During his time on the show Shark Tank, the Herjavec made 57 deals with various inventors and entrepreneurs. His largest offer on Shark Tank was for a 5 million dollar investment in Zero Pollution Motors, a company making compressed-air-powered cars, for a 50% stake in the business. This would have been the largest investment in the show’s history if it had gone through but Herjavec discovered that the company didn’t own the rights to sell the product in the mainland United States and pulled his offer. Other notable investments of the Shark include: Robert Herjavec invested over $16 million as a television personality on the show. One of his most profitable investments was the $100,000 he invested for a 10% stake at Tipsy Elves. In 2018, the company had already generated $70 million in sales. The Canadian businessman has also published several books in the financial advice and ‘self-help’ niches. Here is a full list of his published books: During the course of his career, Robert Herjavec has won several awards and nominations: Robert Herjavec is a known philanthropist who supports several charities, especially for disease research. He supports the Princess Margaret Hospital Foundation, Nancy Davis’ Race to Erase MS, and the Hamilton Health Foundation. In addition to these, Robert Herjavec supports the Union Gospel Mission helping the homeless in Seattle. Herjavec’s publicly known investments include real estate properties and cars. While he’s a firm believer in cryptocurrencies and blockchain, he hasn’t taken a position in any specific cryptocurrency yet as far as we know. Here is what he’s stated on the Time’s Money show: “I really think that cryptocurrency is going to go up. It’s definitely a bubble. The underlying technology, Blockchain, is here to stay.” In 2000 when Robert Herjavec was still married to Diane Blese, the couple bought a $7 million mansion in The Birdle Path, Toronto. They sold the home in March 2020 for a whopping $17.4 million. In 2019, Robert Herjavec bought a residence in Hidden Hills, California for $14.6 million, but he sold it in 2021 for $17 million. In July 2021, he bought a 6,200-square-foot condo in New York in the One57 building for $34.5 million. This was actually the property’s discounted offer where he saved over $10 million! In January 2023, Robert Herjavec bought a new, 14,700-square-foot mansion in Hidden Hills for $26 million. He and his wife also own a property in Newport Beach. This is the vacation home that they bought for $7.97 million in 2018. Robert Herjavec is a car fanatic and owns an enormous, multimillion-dollar car collection. Some of the vehicles in his ownership are: The journey of Robert Herjavec is truly remarkable and leaves us with a myriad of powerful lessons to learn from. His life story is a testament to the extraordinary success and net worth one can achieve through resilience and hard work. From his humble beginnings in former Yugoslavia to his struggles getting used to an entirely new country, Herjavec’s determination fueled an incredible climb in the business world. His story is the perfect example of a ‘rags to riches’ story. Amidst the many setbacks and personal problems, Robert Herjavec teaches us perseverance. If he was able to transform hardship into a net worth of $300 million, what stops us from doing the same?
Asset or Source of Income
Contribution to Net Worth
BRAK Systems sale
~$30 million
Divorce settlement
-$25 million
Ramp Network sale + salary
Unknown
Ownership and salary of The Herjavec Group
Unknown
Shark Tank investments
$16+ million
Real estate
$68+ million
Car collection
$6.5+ million
Total Net Worth
$300 million
Latest News & Updates about the Shark Tank Star
5 Fun Facts about Robert Herjavec
Robert Herjavec‘s Early Life
Robert Herjavec Net Worth: How He Built His Net Worth
Herjavec’s Early Beginnings in Business
Robert Herjavec’s BRAK Systems Internet Security Software
Herjavec’s Work at Ramp Network
Robert Herjavec’s Marriages
The Creation of the Herjavec Group
Robert Herjavec’s TV Appearances
Dragons’ Den
Shark Tank
Writing Career
Awards and Accolades
Philanthropy
Robert Herjavec’s Other Investments and Assets
Real Estate
Car Collection
What Can We Learn From Robert Herjavec’s Success?