Many times, we all consider success and greatness with the things we have managed to achieve in life. Although this is true, and people envy us when are successful, the truth is, we are more celebrated by what we help other people achieve in their lives.
It is one thing to be wealthy and rich, but it is totally a different one to help other people create wealth using your resources. The latter is more celebrated and people tend to always remember you for the impact you made in their lives. Looking at what Shark Tank is all about, these men and women understood well the importance of helping other people achieve their dreams.
For people who are new to the term “Shark Tank” it is simply an American business reality television series. Shark Tank made up of businessmen and women who understand the importance of helping other people rise above their limitations.
For you to receive funding from the Shark Tank casts, you must come up with a viable business idea. Although their commitment is helping people rise above their limitations, and realize their dreams in business, they are also out there to invest and earn returns. Therefore, whichever business idea you present to them, it must be viable and promising.
Well, how well do you know about Shark Tank? If not much, we have compiled all you need to know about Shark Tank’s net worth in 2024, wiki and complete details. Well, if you’re all set, here is what we know about Shark Tank to date.
Shark Tank premiered on the 9th of August in 2009 on ABC. The show is said to be an America franchise of Dragon Den which was an international show that originated in Japan in 2001. The show went by the name Money Tigers. Shark Tank shows different entrepreneurs who make business presentation to a 5-member panel of investors or “Sharks”.
The Sharks are then expected to decide whether they will invest in the company or not depending on what the business is offering them. Painful as it is, the Sharks often find faults and weaknesses in the presenter’s valuation of their product, company or business model.
Although there are some investors led by Robert Herjavec who are kindhearted who often tries to soften the pain rejection, his friend Kevin O’Leary is sometimes very brutal. Kevin doesn’t show any patience or mercy even for tales of hardship. Although the Sharks are paid for being the cast stars of the show, the money they invest in people’s business is their own.
Therefore, they have to be trend very carefully to ensure they don’t end up with loses. The secret of survival for any entrepreneur who gets an opportunity to stand in front of this panel is confidence. If any member of the panel is interested in the deal offered, you can make a handshake deal or what is called a gentleman’s agreement. However, if your business is not viable, you leave empty handed.
Shark Tank premiered in 2009 August and the first season was made up of 14 episodes and went through to January 2010. The second season premiered with a “sneak peek” aired on Sunday, the 20th of March in 2011. However, it later resumed back to its usual nighttime slot on Friday the 25th of March in 2011.
The second season was made of 9 episodes and 5 of the episodes featured new members. Kevin Harrington was replaced by Mark Cuban and comedian Jeff Foxworthy in those episodes. The third season premiered in January 2012 and the fourth starting in May the same year. The fourth seasons was made of 26 episodes which marked the first time for them to receive a full season order.
The filming kicked off on 30th June 2012 and by December the same year, they had invested $12.4 million in supporting different businesses presented to them. The 5th season premiered on 20th September 2013 and it was made of 29 episodes. The 6th Premiered in 2014 September, the 7th on 25th September 2015 and the 9th on 1st October 2017.
The 10th premiered on Sunday the 7th of October in 2018 and was titled Decade of Dreams and it marked the 200th episode of the show. The 11th seasons premiered on 29th of September in 2019 while the 12th one which is the latest premiered on 16th October in 2020.
Awards and Nominations
Such a great show cannot go unrecognized. The show has received many awards and nominations over the years. Some of these include; more than 5 Critics Choice Television Award wins and nominations, several Primetime Emmy Award win and nomination and several PGA award wins and nominations among others.
Net Worth & Earnings of Shark Tank in 2024
As of 2024, The best way of looking at the net worth of Shark Tank is looking at the net worth of individual Sharks as follows:
Mark Cuban: Mark is said to be the wealthiest among them all with a net worth estimate of $4.2 billion.
Kevin O’Leary: Mark is followed by Kevin whose net worth is estimated to be $400 million.
Daymond John: Kevin is followed by Daymond John who has an estimated net worth of $350 million.
Robert Herjavec: Robert comes 4th with an estimated net worth of $200 million.
Lori Greiner: From Robert we come to Lori whose net worth is estimated to be $120 million.
Barbara Corcoran: Barbara comes 6th with an estimated net worth of $100 million.
Mark Burnett is the one in charge of production and each contestant was initially required to sign a business agreement with Finnmax who is the producer of Shark Tank. The contestant was expected to promise Finnmax of 2% royalty or 5% equity stake in their business venture. Mark Cuban however pushed them and the network was forced to repeal this requirement.