Kevin O’Leary net worth: Business and Investments

Kevin O'Leary on Shark Tank
Kevin O’Leary on Shark Tank (Source: inc.com)

The popular venture capitalist Kevin O’Leary’s net worth is $400 million. He is a Canadian businessman, author, politician, and television personality.

His real name is Terence Thomas, Kevin O’Leary. He was born on 9 July 1954, Quebec, Canada. 

Both of his parents were from Ireland so, O’Leary also holds Irish citizenship and a passport. 

O’Leary is one of the cast members of the American television show Shark Tank. Previously he was on Dragons’ Den, which is a Canadian version of Shark Tank. 

O’Leary is also known as MR. Wonderful. He got the nickname from Barbara Corcoran, another cast member of the show Shark Tank. 

Kevin O'Leary
Kevin O’Leary (Source: businessinsider.com)

O’Leary is the co-founder of a big tech company, SoftKey Software, and O’Leary Fund. He became a multimillionaire by selling the software company. 

In 2017, Terence Thomas, Kevin O’Leary stood up for election as the leader of the Conservative Party of Canada.

Unfortunately, he dropped out because he didn’t receive enough support from Quebec.

Kevin O’Leary | Quick Facts

Let’s look into some personal details about Kevin O’Leary.

Full Name Terence Thomas Kevin O’Leary
Known As Mr. Wonderful
Net Worth  $400 Million
Birth Date July 9, 1954
Birth Place  Montreal, Quebec, Canada. 
Religion Christain 
Nationality Canadian 
Ethnicity White
Education Ivey Business School, University of Waterloo
Zodiac Sign Cancer
Father’s Name Terry O’Leary
Mother’s Name Georgette O’Leary
Siblings  Shane O’Leary
Age 67 Years old
Height  177 cm
Weight 81 Kg
Eye Color  Brown
Hair Color Bald
Sexual Orientation  Straight 
Marital Status  Married
Spouse Linda O’Leary (m.1990)
Girlfriend N/A
Children Trevor O’Leary, Savannah O’Leary
Profession Venture capital investor, TV star, CNBC, and BBN contributor
Active Since N/A
Social Media Facebook, Instagram, LinkedIn, Twitter 
Books Women, and Money: 50 Common Money Mistakes and How to Fix Them,  Cold Hard Truth on Family, Kids, and Money, Cold Hard Truth: On Business, Money & Life, The Cold Hard Truth on Men
TV Shows Dragon’s Den, Shark Tank, The Exchange, Redemption Inc., Beyond the Tank, Project Earth, Money Court, Late Night with Lang and O’Leary
Awards 2021Emmy-Outstanding Host for a Reality or Reality-Competition Program, 2020Emmy-Outstanding Structured Reality Program 
Last Update May 2022

Kevin O’Leary | Net Worth and Income

Terence Thomas Kevin O’Leary’s net worth is astonishing $400 million. His main source of income is hard to track down as he has investments in multiple businesses.

However, he made a considerable amount of money from the sale of his company SoftKey. He made $11.2 million from the acquisition.

SoftKey turned into The Learning Company, TLC by acquiring other rival companies. Later, Mattel purchased the company in 1999 for $4.2 billion. 

Similarly, he invested $500,000 from the sale into Storage Now Holdings. Later he sold his share for $4.5 million. 

His other major source of wealth is the O’Leary funds. The total value of the O’Leary fund is a staggering $4 billion. 

The millennial millionaire has a YouTube channel named Meet Kevin, which he started in 2018. After posting regularly, he earned more than $6 million from the channel by 2020. 

His other source of income includes TV shows, books, capital investment, shares, and stocks. 

Net Worth of Kevin O’Leary in Different Currencies

Here’s what Kevin O’Leary net worth looks like in different currencies, including cryptocurrency Bitcoin

Currency  Net Worth
Euro  € 353,348,000
Pound Sterling £ 298,296,000
Australian Dollar A$298,296,000
Canadian Dollar C$ 512,314,000
Indian Rupee ₹ 30,017,620,000
BitCoin ฿ 7,824

Kevin O’Leary | Lifestyle and Vacation

Terence Thomas Kevin O’Leary was born in Canada to Georgette and Terry O’Leary. 

His mother was a small-business owner and investor. Naturally, O’Leary learned investment lessons from his mother. 

After his father passed away when he was 7, his mother married another man. Due to the nature of his stepfather’s work, they moved frequently.

This gave O’Leary an opportunity to live in countries like  Cambodia, Ethiopia, Tunisia, and Cyprus.

The investment wizard is married to Linda O’Leary. They got married in 1990 after 6 years of dating.

Kevin O’Leary Net Worth
Kevin O’Leary With his Wife Lynda (Source: legit.ng)

The couple has been together for 31 years and has two grown-up children, Trevor O’Leary and Savannah O’Leary.

The multimillionaire businessman lives a busy life. He wakes up at 5 am and goes to bed at 8:30 pm. He is a health-conscious person and follows his diet and exercises regularly. 

Though he is good at giving business and investment advice, he spends a lot on his food. On an average day, he spends about $1,000 on his food, including meeting lunches. 

The workaholic doesn’t believe in vacations. He enjoys working and considers it a vacation. He spends his time working, even while traveling. 

Kevin O’Leary | Houses, Cars, and Boat

Houses

The multimillionaire businessman Kevin O’Leary’s net worth is $400 million. He has a house in many places, including Boston, Toronto, and Lake Joseph, Ontario.

His house in Boston is around Marlborough Street, just two blocks from the Boston Public Garden.

The 2,300 square feet house currently has a valuation of $2.39 million.

O’Leary owns a cottage house at Lake Joseph in the Muskoka area of Toronto. The cottage is built around 9,800 square feet and has 10 bedrooms and 11 bathrooms.

Kevin O’Leary Net Worth
Kevin’s Cottage and Boat House on Lake Joseph (Source: sarabizarrophilosophy.blogspot.com)

Renting a cottage in the same area costs about $6,000 to $10,000 per week. 

Cars

Unlike other celebrities, O’Leary is not so fond of cars. Instead, he calls them a liability. 

He rides Audi A3, the luxury executive model. The estimated price of his car is $26,500. 

His other rides include BMW 4 Series worth $ 47,000, Ford Kuga worth $ 36,000, and Ford Mondeo worth $26,000.

Boat

Terence Thomas Kevin O’Leary is a very hard-working person. He spends most of his time working, but he also knows how to have fun. 

Kevin O’Leary Net Worth
Kevin O’Leary on His Boat (Source: wsj.com)

On occasions, O’Leary and his family go to their cottage at the lake house. He enjoys boat rides while there. His cottage house even has a private boatyard. 

Kevin O’Leary | Charity and Donations

As of May 2022, Kevin O’Leary’s net worth is a whopping $400 million.

Mr. Wonderful is a generous man. He donates funds toward education and entrepreneur development programs. 

In 2013 O’Leary launched an exhibition displaying his photography collections. He donated the collection to Future Dragon Fund which gives gifts to aspiring teenage entrepreneurs.

Even before the exhibition, he had already collected $70,000. With his collection ranging from about $5,000, he probably must have collected $250,000 or more. 

He is the president of the O’Leary Foundation. The foundation support programs in human services, education, and health care initiatives. 

The Canadian businessman organized a charity to raise funds for Canadian Olympics  Foundation. 

Kevin O’Leary | Books, Media, Politics, and  Investment

Books

The successful businessman has published books on financial health and literacy.

His first book Cold Hard Truth: On Business, Money & Life, was released in 2011. The other two sequels of the book were released in 2012 and 2013 consecutively. 

His books cover subjects related to wealth, raising a family, education, and career choices.

Media

The multimillionaire first appeared on Dragons’ Den on CBC. He portrayed himself as a harsh and evil person. The show had two million views per episode.

Later, he appeared on Shark Tank in 2009 and left Dragon’s Den in 2014. No matter how rude he is, people enjoy his appearance on the show. 

He actually got the nickname ‘Mr. Wonderful’ as a satire to his harsh and rude personality in the show.

Mr. Wonderful also worked as a co-host for the Discovery’s show Project Earth in 2008. 

He was in The Lang and O’Leary Exchange television series in 2009. He was dismissed from the show after he criticized Pulitzer Prize-winning journalist Chris Hedges. 

The TV personality has appeared in several other shows, including the Miss America beauty pageant. 

Politics

In 2017, O’Leary entered the Conservative leadership election. He offered to invest $1 million in the economic development of Alberta. Alberta is one of the provinces of Canada. 

Kevin O’Leary Net Worth
O’Leary At Conservative Leadership Election (Source: cbc.ca)

He was criticized by politicians as a ‘tourist’ because he didn’t know french. Others called him self-interested and opportunistic. 

He is a critic of Canadian corporate tax rates. He says it’s too high. O’Leary supports eliminating the national debts. 

Investments

O’Leary is a business-minded person, and he spends money to make more money. He has multiple investments, small to large.

In the show Shark Tank, he has invested $8.54 million in 40 different deals. Companies like Zipz, Honeyfund, Lovepop, First Defense Nasal Screen, and Total Merchant Resources are on the list. 

He has a separate company named O’Leary venture to manage his portfolio for startups. His company used to manage portfolios for others, but now he has stopped it. 

After selling his first company to Morterral, he started his own mutual fund company, O’Leary funds. He raised millions of dollars through the company.

O’Leary is the founding investor and director of an international business outsourcing company, Stream Global. 

He is a wine enthusiast and owns a wine company named O’Leary Fine Wine. The wine lover started the business with his wife Lynda in 2013. 

The investment wizard has multiple real state properties worth millions across the globe.

All of the investments contribute to Kevin O’Leary’s net worth of $400 million. 

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Kevin O’Leary | Career

Terence Thomas Kevin O’Leary did not start big. He started his career as an assistant brand manager for Nabisco’s cat food brand.

He entered the company as an intern. O’Leary completed his MBA in entrepreneurship from Ivey Business School. 

After leaving Nabisco, he co-founded Special Event Television with his MBA classmates. Later, he sold his part of the share for $25,000 to one of his partners. 

In 1986 his real journey as an entrepreneur started. He started Soft Key with his two business partners. The company got hit, and soon it became the leading education software provider.

After years the company became TLC and was acquired by Mattel. 

Now O’Leary is owner, co-founder, investor of multiple businesses, and a TV personality.

Interesting Facts About Kevin O’Leary

  • Kevin O’Leary is very interested in photography. He wanted to be a photographer, but his stepfather convinced him to join the business school and become a businessman.
  • The multimillionaire businessman was fired from his own company. After the acquisition of TLC, Mattle suffered losses and lawsuits. As a result, O’Leary was fired. 
  • The venture capitalist had some heated arguments with Steve Jobs. Back when O’Leary was in TLC, he had a meeting with Jobs regarding losses due to Mac software. Jobs didn’t respond well and told O’Leary he was nothing. 

FAQs

Is Kevin O’Leary a billionaire?

Kevin O’Leary’s net worth is $400 million as of May 2022. He has multiple businesses and investments, but he is yet to be a billionaire.

What is he famous for?

He is famous for appearing on the American TV series Shark Tank. He is one of the investors in the show. People enjoy his straightforward remarks and comments. 

What happened to O’Leary’s boating accident?

In 2019 O’Leary and his wife got into a boat accident. Two people were killed in that accident, but O’Leary’s wife, Laura, has been declared not guilty as of this September. 

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