Kevin O’Leary, aka Mr. Wonderful, has made a huge name for himself in the business world. His popularity has only risen since he stepped into the world of Shark Tank. Known for his brutal yet direct approach, he is easily one of the toughest judges to please on the show. But when it comes to investing in the right product, O’Leary is leaps and bounds ahead of everyone else.
The most evident proof of this is his $400 million net worth. While many might not like his style of making deals, over the years, he has put his trust in small companies that have transformed into multi-million-dollar brands.
Kevin O’Leary’s top Shark Tank deals that can easily shut down his haters
Apart from imparting knowledge to new couples, Kevin O’Leary has also built an impressive $400 million business empire. (via Celebrity Net Worth) While his net worth is impressive, his participation in Shark Tank has further helped him skyrocket this growth. But out of everything, one thing worth noticing is that he has made the most profit from companies led by women.
In an interview with CNBC, he detailed, “This is real data: 75% of my returns have come from companies run by women.” He also explained that this number spans various industries, not just those traditionally considered women-friendly. While he acknowledged this fact wholeheartedly, his blunt negotiation skills have put him at the center of criticism as well.
However, his track record speaks for itself, and as O’Leary puts it, “We’ve had euphoric monster hits.” Among his best investments is Wicked Good Cupcakes, a Boston-based baked goods company in which he invested $75,000 in 2013. During the time of the pitch, the company had only $150,000 in sales, but within three years, it grew to $10 million via ABC Network.
Another one of his major success stories was a company called Groovebook, a photo-printing subscription service. He again invested $75,000, and his investment paid off when Shutterfly acquired it for $14.5 million. (via CNBC) He also backed Basepaws, a cat DNA testing company founded by Anna Skaya.
These are just some of the many companies he has invested in. And while critics might question his methods, he has consistently proven why he is among the smartest when it comes to business deals.
What’s the story behind Kevin O’Leary and Barbara Corcoran’s surprise kiss on Shark Tank?
The Shark Tank universe is filled with surprising moments, but one of the most unexpected was when Kevin O’Leary and Barbara Corcoran had to share a kiss on the show. The duo are known for clashing on several occasions, but no one expected them to kiss, that too multiple times.
This sequence happened during the pitch of Kisstixx by Dallas Robinson and Mike Bounomo. The duo presented a unique balm that created a chemical reaction when two different flavors mixed. To prove the product’s effect, they asked O’Leary and Corcoran to try it out. While she hesitated at first, O’Leary joked, “If I turn to stone, I’m going to be pretty unhappy.”
Despite the teasing and hesitation, the duo finally gave in and shared a quick peck on the show. This moment was hilarious on so many levels, and the producers then had them kiss multiple times during different wedding-related pitches in Season 6.
You can watch all the seasons of Shark Tank on Peacock.
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