Daymond John Biography
Here’s a brief biography of Daymond John, one of the investors (“Sharks”) on the TV show Shark Tank:
Born (1969) and raised in Brooklyn, New York, Daymond John had humble beginnings growing up in a family that relied on welfare at times.
He started his entrepreneurial journey in 1992 by founding the fashion brand FUBU (For Us, By Us) in his mother’s basement in Queens.
FUBU grew to become one of the most prominent urban apparel brands globally, putting Daymond on the map as a highly successful businessman. The company’s rising popularity got a big boost when he was able to persuade influential figures like LL Cool J and Carmelo Anthony to promote FUBU clothing.
In 2009, Daymond joined the cast of ABC’s business reality show Shark Tank as one of the investors. His entrepreneurial experience and marketing/branding expertise made him a valuable “Shark.”
Outside of Shark Tank, Daymond has written several books including the bestsellers “Display of Power” and “The Power of Broke.” He is also a motivational speaker and has invested in companies like Bubba’s Q Boneless Ribs.
Known for his entrepreneurial mindset from a young age and never forgetting his roots, Daymond is a prominent example of creating success against all odds through passion and perseverance. His current net worth is estimated around $350 million.
Here is a summary biography of Daymond John:
Key Facts | Details |
Full Name | Daymond John |
Born | February 23, 1969 (age 55) in Brooklyn, New York |
Education | High school diploma from A. Philip Randolph High School in Brooklyn |
Occupation | Entrepreneur, Investor, Author, Motivational Speaker, TV Personality |
Known For | Founder of FUBU (For Us By Us) clothing line, Shark on ABC’s Shark Tank |
Notable Achievements | – Founded FUBU in 1992 with $40 budget, grew it to a $6 billion company – Star on ABC’s Shark Tank since 2009 – Author of bestselling books: “Display of Power”, “The Power of Broke”, “Rise and Grind” – Recipient of Congressional Achievement Award for Entrepreneurship |
Personal Life | Married to Heather Pearson, has three children |
Net Worth | Estimated $350 million (as of 2023) |
Daymond John and Shark Tank Investments
Daymond John, known for his role on the ABC reality television series Shark Tank, has made several notable investments on the show.
Some of his most successful deals include:
- Bombas: Daymond’s most successful investment on Shark Tank, with a total of $225 million in lifetime sales and his current stake worth $34 million.
- Spikeball: After investing $500 thousand, the company grew into a $100 million startup, with Daymond’s stake close to $22 million.
- Hells Bells Helmets: John acquired a 50% stake in this 3D helmet design brand, with his current stake close to $5 million.
- Bubba’s Q BBQ: Daymond struck a deal for 30% of this brand, which grew to over $16 million in revenue, making his stake worth approximately $4.8 million.
- AquaVault: His initial $75 thousand investment turned into over $5 million as the company grew to a $20 million valuation.
- Shefit: Daymond invested $250 thousand in this sports bra brand, with his stake now valued at $4.5 million.
- GoGoGear: After signing a deal for $300 thousand, his stake in the fashionable biker clothing brand grew to approximately $4.8 million.
These investments showcase Daymond John’s success and strategic approach to investing in startups on Shark Tank.