Kevin O'Leary Net Worth, Age, Height, Bio, Birthday, Wiki!

Explore Kevin O'Leary net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Kevin O'Leary? Who is Kevin O'Leary dating now & how much money does Kevin O'Leary have?

Kevin O'Leary Biography

Kevin O'Leary is one of the most popular and richest Winegrower who was born on July 9, 1954 in Montreal, Montreal, Canada. Terence Thomas Kevin O’Leary (born 9 July 1954) is a Canadian businessman, author, politician, and television personality. From 2004 to 2014, he appeared on various Canadian television shows, including the business news programmes SqueezePlay and The Lang and O’Leary Exchange, as well as the reality television shows Dragons’ Den and Redemption Inc. In 2008, he appeared on Discovery Channel’s Project Earth. Since 2009, he has appeared on Shark Tank, the American version of Dragons’ Den.

The software and personal-computer industries were growing rapidly in the early 1980s, and O’Leary convinced printer manufacturers to bundle Softkey’s program with their hardware. With distribution assured, the company developed a number of educational software products focused on mathematics and reading education. Softkey products typically consisted of software intended for home users, especially compilation discs containing various freeware or shareware games packaged in “jewel-case” CD-ROMs.

After selling his share of SET, O’Leary started Softkey in a Toronto basement in 1986, along with business partners John Freeman and Gary Babcock. The company was a publisher and distributor of CD-ROM-based personal computer software for Windows and Macintosh computers. A major financial backer who had committed $250,000 in development capital to the company backed out the day before signing the documents and delivering his cheque, which left O’Leary looking for funding to support the fledgling business. He used the proceeds from the sale of his share of SET and convinced his mother to lend him $10,000 in seed capital to establish SoftKey Software Products.

O’Leary and his wife, Linda, have been married since 1990. The couple separated in 2011, but resumed their marriage after two years. Linda now serves as the VP of Marketing for O’Leary Wines. They have two children. Trevor is a music producer and DJ while Savannah is a multimedia producer at the Huffington Post. In an interview with Inc. Magazine writer Brian D Evans O’Leary stated: “In a successful growing business, it eats your time alive. Then later in life, you can provide for your family things that many others can’t have. But because you sacrificed, you’re then given the reward of freedom.”

Softkey weathered stiff competition from other software companies in the late 1980s and prospered throughout the 1990s. By 1993, Softkey had become a major consolidator in the educational software market, acquiring rivals such as WordStar and Spinnaker Software. In 1995, Softkey acquired The Learning Company (TLC) for $606 million, adopting its name, and moved its headquarters to Cambridge, Massachusetts.

Ethnicity, religion & political views

Many peoples want to know what is Kevin O'Leary ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Kevin O'Leary's ethnicity is Not Known. We will update Kevin O'Leary's religion & political views in this article. Please check the article again after few days.

In 1999, TLC was acquired by Mattel for US$4.2 billion. Sales and earnings for Mattel soon dropped, and O’Leary departed Mattel. The purchase by Mattel was later called one of the most disastrous acquisitions in recent history. Following the acquisition, Mattel experienced a US$105 million loss where management had projected a $50 million profit. Mattel’s stock dropped, wiping out US$3 billion of shareholder value in a single day. Mattel’s shareholders later filed a class-action lawsuit accusing Mattel executives, O’Leary, and former TLC CEO Michael Perik of misleading investors about the health of TLC and the benefits of its acquisition. The lawsuit alleged that TLC used accounting tricks to hide losses and inflate quarterly revenues. O’Leary and his defendants disputed all of the charges. Mattel paid $122 million to settle the lawsuit in 2003. O’Leary blamed the technology meltdown and a culture clash of management of the two companies for the failure of the acquisition.

Kevin O'Leary Net Worth

Kevin O'Leary is one of the richest Winegrower from Canada. According to our analysis, Wikipedia, Forbes & Business Insider, Kevin O'Leary's net worth $5 Million. (Last Update: December 11, 2023)

O’Leary had aspired to become a photographer, but on the advice of his stepfather attended university, where he continued to develop his interest in business and investing. He received an honours bachelor’s degree in environmental studies and psychology from the University of Waterloo in 1977 and an MBA in entrepreneurship from the Ivey Business School at the University of Western Ontario in 1980.

In 1979, between the first and second years of his MBA program, O’Leary was selected for an internship at Nabisco in Downtown Toronto, and then worked as an assistant brand manager for Nabisco’s cat food brand. O’Leary credits his later success at The Learning Company to the skills he developed in marketing during his days at Nabisco.

O’Leary co-founded SoftKey Software Products, a technology company that sold software geared toward family education and entertainment. During the late 1980s and 1990s, SoftKey acquired rival companies such as Compton’s New Media, The Learning Company, and Brøderbund. SoftKey later changed its name to The Learning Company and was acquired by Mattel in 1999, with the sale making O’Leary a multimillionaire. O’Leary was soon fired by Mattel after the acquisition resulted in significant losses and multiple shareholder lawsuits.

In 2003, O’Leary became a co-investor and director at StorageNow Holdings, a Canadian developer of climate-controlled storage facilities, a company controlled by Reza Satchu and Asif Satchu. StorageNow became the operator of storage services in Canada, with facilities in 11 cities, and was acquired by in Storage REIT in March 2007 for $110 million. He sold his shares, originally worth $500,000, for more than $4.5 million.

In May 2005, Reza Satchu and O’Leary’s operating partner, Wheeler, filed a $10-million wrongful-dismissal lawsuit, charging that they had altered an agreed-upon compensation deal and illegally reduced Wheeler’s share of the profits. O’Leary and Satchu claimed Wheeler failed to reach performance targets. The case was settled out of court.

Height, Weight & Body Measurements

Kevin O'Leary height 5 ft 10 in Kevin weight Not Known & body measurements will update soon.

TLC lost $105 million (US) in 1998 on revenues $800 million and suffered losses over the previous two years. TLC bought its former rival Brøderbund in June 1998 for $416 million.

In March 2007, O’Leary joined the advisory board of Genstar Capital, a private equity firm that focuses on investing in healthcare services, industrial technology, business services and software. Genstar Capital appointed O’Leary to its Strategic Advisory Board to seek new investment opportunities for its $1.2 billion fund.

Who is Kevin O'Leary Dating?

According to our records, Kevin O'Leary married to Linda O'Leary . As of December 1, 2023, Kevin O'Leary’s is not dating anyone.

In 2006, O’Leary appeared as one of the five venture capitalists on the then-new show Dragons’ Den on CBC, the Canadian installment of the international Dragons’ Den format. On the show, O’Leary developed a persona as a blunt, abrasive, bullying investor, who at one point told a contestant who started crying, “Money doesn’t care. Your tears don’t add any value.” This television persona was encouraged by executive producer Stuart Coxe, who during the first two seasons occasionally asked O’Leary to be “more evil”. Dragons’ Den became one of the most-watched shows in CBC history, with around two million viewers per episode. Coxe attributed the show’s success in large part to O’Leary’s presence.

Facts & Trivia

Kevin Ranked on the list of most popular Winegrower. Also ranked in the elit list of famous people born in Canada. Kevin O'Leary celebrates birthday on July 9 of every year.

In 2008, O’Leary worked as a co-host for the Discovery Channel’s Discovery Project Earth, a show that explores innovative ways to reverse climate change.

What did Kevin O Leary's father do for a living?

O’Leary was born on 9 July 1954, in Montreal, Quebec, Canada, one of two sons of Georgette (née Bukalam), a small-business owner and investor of Lebanese descent, and Terry O’Leary, a salesman of Irish descent.

Why is Kevin O'Leary famous?

Kevin O’Leary, in full Terence Thomas Kevin O’Leary, (born July 9, 1954, Montreal, Quebec, Canada), Canadian entrepreneur, financier, and television personality who was perhaps best known as a panelist on the reality series Dragons’ Den and Shark Tank.

What did Kevin O Leary's parents do?

Parents

Why do they call him Mr. Wonderful?

O’Leary got his nickname ‘Mr. Wonderful’ from season one of Shark Tank. He told the Boston Magazine, “In season one, someone was trying to sell a music publishing deal to us and I proposed an aggressive 51% equity position because I wanted control.” And Barbara Corcoran said, “Well aren’t you Mr.

Why is Kevin O'Leary not a billionaire?

It’s important to note O’Leary isn’t himself a billionaire, because he often makes the distinction on TV. When competing with offers from other sharks, he loves to point out that he’s the only one (so long as Cuban isn’t on the show) who made a billion-dollar exit from his company.

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