Daymond John is an entrepreneur, a public spokesman and investor, known for the shark in the ABC shark tank. He founded Fubu Fubu Fubu. Daymond is still the CEO of Fubu and also runs the shark group. Daymond John's net assets are US $ 350 million, which is the third richest shark.
| Name: | Daymond Garfield John |
|---|---|
| net worth: | $ 350 million |
| Annual income: | More than $ 25 million |
| Fubu valuation: | $ 30 million |
| wife: | Heather Taras |
early life
Daymond is a native of Brooklyn, New York. He was born on February 23, 1969 and spent many childhood in Queens. His parents divorced when he was ten years old, and soon began to work hard to help his mother.
John went to a Catholic school in Queen's District for early education. He is part of high school curriculum, and the plan enables him to work for a long time and go to school at the same time.
At the age of 16, his mother got a new boyfriend. He was a lawyer and instructed a ambitious young Daymond. After graduating from high school, the ambitious entrepreneurs immediately started his first company.
Create FUBU
John and Keith Perrin, Carlton Brown, and J. Alexander Martin were created with the Red Lobster when they were a waiter, and they founded them together with others. Clothing series. His mother allowed him to make clothes with a house and even taught him how to sew.
The young scammer began to make a hat, and later moved into a T -shirt, jersey and sweatshirt. Daymond and his mother mortgaged their house to obtain entrepreneurial capital and hired close friends to provide help. In 1993, John persuaded LL COOL J to wear Fubu shirts, and sales jumped.
After each bank refused to loan, Daymond's mother spent the last money on the “New York Times” advertisement. As a result, they reached an agreement with Samsung Textile.
Fubu's sales reached a peak of $ 350 million in 1998, but since then, the popularity of clothing brands has gradually disappeared. According to the data of Zoominfo.com, Fubu's annual income is $ 7.6 million. Complex.com reports that the reason for the decrease of Fubu is to use products to overrive the market.
Shark tank
Daymond John was invited to join the ABC Shark Tank in 2009.
As a shark, he has not reached a lot of transactions compared to Cuban, but his biggest transactions include Bubba's Q Boneless Ribs, Bombas Socks, Sun-Staches, Sun-Staches, HELLS BELLS Helmets and Garage Door Lock.
In May 2023, Daymond put forward a limit order for the three contestants of Bubba's Q Boneless Ribs. Al Baker and his two partners accused John of cutting them from profits and trying to control the company.
Other adventure
With the success of the show, John launched other commercial companies. He created a brand consulting company Shark Group and published his first book “Brand in the Book”. Daymond is now a popular inspirational speaker who charges $ 50,000 to $ 100,000 for live events.
Net assets and income
Globally, his lifelong sales of FUBUs have exceeded $ 6 billion. On the shark tank, Daymond John invested more than 60 US dollars from more than 60 companies in the show. Not all his investment performed well, but he won some huge winners.
His consulting company was highly evaluated in New York. As a public spokesman, he had signed a deal with Shopify and could hear the brand ambassador. In general, he has four published books now, adding his $ 350 million wealth.
Personal life
John once married Margot John, who had two daughters Yasmeen and Destiny. In 2018, he married entrepreneur Heather Taras and they had a daughter Minka Jagger. In 2016, Shark tank investors were diagnosed with thyroid cancer and overcome the condition in 2017. This makes him live a healthier lifestyle.
Categories: Shark Tank
Source: svlsf.edu.vn