Who is Robert Herjavec: Education, Career, and Net Worth
Born to immigrant parents, Herjavec’s journey from humble beginnings to becoming a self-made multimillionaire is an inspiring story of resilience, hard work, and vision. This article explores Herjavec’s education, career milestones, business ventures, and net worth, along with frequently asked questions (FAQs) about his life.
 |
| Renowned entrepreneur and Shark Tank investor Robert Herjavec recently shared his insights on the quickest path to accumulating a million dollars, and surprisingly, it doesn't involve launching a business. |
Early Life and Education
Robert Herjavec was born on September 14, 1962, in Varazdin, Croatia (then part of Yugoslavia). His family emigrated to Canada when he was eight years old, escaping the communist regime in Yugoslavia. The Herjavec family settled in Toronto, where they struggled financially but instilled a strong work ethic in young Robert.
Herjavec’s educational journey reflects his determination and adaptability. He graduated from the University of Toronto with a degree in English literature and political science. While his major may seem unconventional for a future tech entrepreneur, Herjavec has often credited his liberal arts background for honing his communication skills and critical thinking—qualities that have been integral to his success in business.
Career
Robert Herjavec’s career spans multiple industries, from film production to technology and venture capital. His path to success is a testament to his entrepreneurial spirit and willingness to take risks.
Early Career: Film Production
After graduating, Herjavec worked as a film producer and director for various projects, including the 1984 Winter Olympics in Sarajevo. While the film industry offered creative opportunities, it did not provide financial stability, prompting Herjavec to explore other avenues.
Breakthrough in Technology
Herjavec’s pivot to technology came in the mid-1980s when he joined a startup called Logiquest, a company that specialized in IBM mainframe emulation. Although he started as a low-paid employee, Herjavec’s keen understanding of technology and sales quickly propelled him to a managerial role. When Logiquest fired him, he took a bold step and launched his own venture.
Founding BRAK Systems
In 1990, Herjavec founded BRAK Systems, a company that developed internet security software. With minimal initial funding, Herjavec built the company from his basement, driven by his passion for innovation and problem-solving. BRAK Systems became one of Canada’s leading internet security firms, ultimately attracting the attention of AT&T Canada.
In 2000, Herjavec sold BRAK Systems to AT&T Canada for $30.2 million, marking a major milestone in his career and cementing his status as a tech industry pioneer.
The Herjavec Group
After a brief retirement following the sale of BRAK Systems, Herjavec returned to entrepreneurship by founding The Herjavec Group in 2003. The company focuses on cybersecurity solutions and quickly grew into one of North America’s largest and most respected cybersecurity firms. As of today, The Herjavec Group boasts hundreds of employees and serves clients worldwide.
| Television Career: Shark Tank and Beyond Herjavec became a household name through his appearances on reality TV shows. He joined the Canadian version of Dragon’s Den in 2006 before becoming a regular investor on ABC’s Shark Tank in 2009. Known for his charisma, negotiation skills, and empathy, Herjavec has invested in numerous businesses on the show, spanning industries such as health, technology, food, and fashion. |
 |
Net Worth
Robert Herjavec’s estimated net worth as of 2024 is approximately $200 million. His wealth comes from multiple streams, including:
-
Entrepreneurship: The sale of BRAK Systems and the success of The Herjavec Group have been the primary sources of his fortune.
-
Television: Herjavec earns a significant income from his role on Shark Tank, reportedly making $50,000 per episode.
-
Investments: Over the years, Herjavec has invested in dozens of startups, many of which have grown into successful enterprises.
-
Books and Public Speaking: He has authored several bestselling books and is a sought-after speaker on topics like entrepreneurship and cybersecurity.
Despite his wealth, Herjavec is known for his humility and philanthropy. He frequently donates to causes related to healthcare, education, and children’s welfare.
Key Achievements
-
BRAK Systems Sale: Sold to AT&T Canada for $30.2 million in 2000.
-
The Herjavec Group: Built into a leading global cybersecurity firm.
-
Television Success: Became a fan favorite on Shark Tank and Dragon’s Den.
-
Author: Published bestselling books, including Driven and You Don’t Have to Be a Shark: Creating Your Own Success.
-
Philanthropy: Actively supports various charitable initiatives, including medical research and disaster relief.
Personal Life
Robert Herjavec has been married twice. His first marriage was to Diane Plese, an optometrist, with whom he has three children. The couple divorced in 2014. In 2016, Herjavec married Kym Johnson, a professional dancer he met while competing on Dancing with the Stars. They have twins, Hudson and Haven, born in 2018.
Herjavec’s personal life reflects his values of perseverance and family commitment. Despite challenges, including his divorce and professional setbacks, he has consistently focused on maintaining a positive outlook and prioritizing his loved ones.
FAQs About Robert Herjavec
1. What is Robert Herjavec’s educational background?
Herjavec holds a degree in English literature and political science from the University of Toronto. His liberal arts education helped him develop strong communication and analytical skills.
2. How did Robert Herjavec start his career?
Herjavec began his career in film production before transitioning to technology, where he joined Logiquest and later founded BRAK Systems.
3. What is The Herjavec Group?
The Herjavec Group is a cybersecurity firm founded by Herjavec in 2003. It provides security solutions to businesses and government organizations worldwide.
4. What are Robert Herjavec’s most successful investments on Shark Tank?
Herjavec has invested in numerous successful ventures on Shark Tank, including Tipsy Elves (holiday-themed apparel) and Happy Feet (custom slippers). Both have achieved significant growth and profitability.
5. What is Robert Herjavec’s net worth?
As of 2024, Robert Herjavec’s net worth is estimated at $200 million.
6. What books has Robert Herjavec written?
Herjavec is the author of several books, including:
-
Driven: How to Succeed in Business and in Life
-
The Will to Win: Leading, Competing, Succeeding
-
You Don’t Have to Be a Shark: Creating Your Own Success
7. What philanthropic causes does Robert Herjavec support?
Herjavec donates to various causes, including cancer research, disaster relief, and education. He has also supported organizations like the Princess Margaret Cancer Foundation.
8. How did Robert Herjavec meet his wife, Kym Johnson?
Herjavec met Kym Johnson while competing on Dancing with the Stars in 2015. They married in 2016 and have twins together.
9. What challenges has Robert Herjavec faced?
Herjavec has faced several challenges, including his family’s financial struggles as immigrants and his divorce from his first wife. Despite these obstacles, he has remained focused on his goals.
10. What is Robert Herjavec’s advice for aspiring entrepreneurs?
Herjavec advises entrepreneurs to stay resilient, embrace failure as a learning opportunity, and focus on building strong relationships with customers and team members.
| Robert Herjavec’s life story is a testament to the power of hard work, resilience, and adaptability. From his humble beginnings as an immigrant to his success as a businessman and TV personality, Herjavec has consistently demonstrated a commitment to excellence. With a thriving career in cybersecurity, multiple successful investments, and a dedication to philanthropy, Herjavec remains an influential figure in both business and popular culture. |
