|Net Worth||$350 Million|
|Born||February 23, 1969|
|Age||53 Years Old|
|Place of Birth||Brooklyn, New York, United States|
|Profession||Businessman, Fashion Designer, Author & Television Personality|
|Education||Bayside High School|
Daymond John is an American businessman, fashion designer, author & television personality who has a net worth of $350 million dollars. He is most commonly known for his appearance in ABC’s reality television series, ”Shark Tank”.
However, he made a bulk of his wealth serving as the Founder, President and CEO of fashion brand, FUBU. John is also the founder of The Shark Group, based in New York City.
As of September 2022, Daymond John has an estimated net worth of $350 million dollars.
Early Life and Education
Daymond Garfield John was born on February 23, 1969. Originally born in Brooklyn, New York, United States. John grew up in the Hollis neighbourhood in Queens, New York and attended Bayside High School. In high school, he enrolled in a work-study program that allowed him to to work a full-time job and attend school on a bi-weekly basis.
While in high school, he discovered his passion for entrepreneurship. After graduating high school, Daymond started a commuter van service and waited tables at Red Lobster part-time. Later, he would transition into starting his business, FUBU.
Below we will go into more detail about Daymond John’s career highlights, entrepreneurial journey and his rise to fame!
Daymond’s professional career began in 1992, when he started his clothing brand ”FUBU” out of his mother’s basement in Hollis, Queens. He often credits his mother who taught him how to sew and provided him with the space to expand on his growing business.
John sold his clothing line going door to door and within the confines of his neighbourhood. Daymond and his associates sold FUBU hats for $10 each on the corner of Jamaica Avenue in Queens, New York. He once recalled making $800 in a single day, which inspired him to continue moving forward on the business.
After realizing the business’ potential, John and his mother would mortgage their home in order to acquire $100K in start-up capital for the business. He hired his long time friends, J. Alexander Martin and Keith Perrin, sewing the FUBU logo into hockey jerseys, sweatshirts, and t-shirts.
In 1993, he would convince LL Cool J, to wear a FUBU t-shirt in a promotional campaign effort. Later, LL Cool J wore a FUBU hat in a a commercial for GAP. He incorporated the line ”For Us, By Us” in his rapping.
As of September 2022, FUBU has earned more than $6 billion in sales globally.
Daymond John Shark Tank Deals
Daymond John’s commercial success as a businessman, fashion designer, author & television personality who has a net worth of $350 million dollars. We will share some of Daymond’s Top 5 Greatest Shark Tank Investments below!
TITIN – $500,000 investment for a 20% stake in the company.
Spikeball – $500,000 investment for a 22% stake in the company.
Bubba’s Q’s BBQ – $300,000 investment for a 30% stake in the company.
Bombas – $200,000 investment for a 17.5% stake in the company.
Cozy Bugs – $50,000 investment for a 30% stake in the company.
Daymond John Net Worth
Daymond John has a variety of revenue sources. We will list some of them below…
- FUBU Brand
- Shark Tank Investments
- Book Sales
- Speaking Gigs
- Brand Consulting
- Real Estate
Best Daymond John Quotes
“Success is waking up every day and doing what you want to do.”
“The only thing more expensive than education is ignorance.”
“Don’t focus on you; focus on what you can give to others.”
“I do today what people won’t, so I achieve tomorrow what other people can’t.”
“Learn from as many mistakes and what not to do while your business or product is small. Don’t be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.”
“I think a great entrepreneur is learning every day. An entrepreneur is somebody that doesn’t take no for an answer – they’re going to figure something out. They also take responsibility. They don’t blame anybody else. They’re realistic and take affordable steps when they can.”
Daymond has had an extremely successful career as a businessman, fashion designer, author & television personality. We will list some of his most memorable career highlights below…
FUBU CEO (1992 – Present)
Founder, The Shark Group
Shark Tank (2009 – Present)
Brand Ambassador, Shopify
Next Level Success (2015 – Present)
Miss Universe Organization
Daymond John Net Worth Summary
Daymond John is an American businessman, fashion designer, author & television personality from Queens, New York.
He is most commonly known for his appearance in ABC’s reality television series, ”Shark Tank”.
Daymond John’s Net Worth is estimated to be $350 Million USD.
Daymond John Social Media
Frequently Asked Questions (FAQs)
What is Daymond John Net Worth?
Daymond John’s Net Worth is estimated to be around $350 Million USD.
How Tall is Daymond John?
Daymond John is listed at 5 ft 6 (1.70m).
Who is Daymond John’s wife?
Daymond John’s wife’s name is Heather Taras, whom he has a daughter with named Minka Jagger.