Daymond Garfield John hails from Brooklyn, New York, and is a successful entrepreneur, investor, and motivational speaker. The most well-known part of John’s career is that he is the founder, president, and CEO of FUBU.
On top of that, we all know he’s an investor on the ABC reality show Shark Tank. New York-based The Shark Group was founded by John.
|Full Name||Daymond Garfield John|
|Date of birth||February 23, 1969|
|Age||53 (as of 2022)|
|Profession||Entrepreneur, investor, and motivational speaker|
|Daymond Shark Tank Net Worth||$350 million (Last updated 2022)|
Daymond Shark Tank Net Worth
Daymond John has a net worth of $350 million as of 2022. That’s a $50 million increase from 2020.
Daymond Shark Tank Early Life
Daymond Garfield John was born on the 23rd of February, 1969, in Brooklyn, New York. Growing up, he lived in Queen’s, in the Hollis neighborhood. In his tenth year of life, his parents separated, and soon after he was working to provide for the family. The program John joined in high school enabled him to attend school and work full-time on an alternate week basis.
Further, he never went to college in order to begin working immediately to support his family. At his first job, he handed out flyers and earned only $2 an hour. His other jobs included serving at Red Lobster and starting a commuter van service.
During his time as a full-time employee in high school, he developed an entrepreneurial spirit that led him to found FUBU – a global apparel company with a $6 billion annual revenue. “For Us By Us” is the acronym for FUBU.
When he began his venture, he had little experience or resources to draw from. The only support he had was from his mother, who shared her sewing skills with him when he got the idea for his clothing business. Plus, his mom let him take control of the whole house so he could develop his business. That was the beginning of his mission for success.
He recently co-founded Blueprint and Co. and launched a training service called Daymond On-Demand. Barack Obama appointed Daymond John as his global entrepreneur ambassador in 2016. In Cuba and Kenya, he supported the growth of small businesses and encouraged the development of entrepreneurship.
Daymond John was reportedly diagnosed with thyroid cancer in 2019. Even though it was concerning, the throat tumor was removed with no complications.
Daymond John’s career highlights include the following:
- FUBU (Founder, 1992)
- The Crow: Wicked Prayer (Movie, 2013)
- Shark Tank (TV-Show, 2009)
- The Shark Group (Founder)
- Brand Ambassador of Shopify
- Miss Universe Organization
Daymond John’s favorite quotes
“Fortunately, right now ‘entrepreneurship’ is one of the business world’s biggest buzzwords and so many young people in our country are looking up to this new generation of CEO’s as their modern-day rock stars. Whenever you have that effect, it makes the job of promoting entrepreneurship much easier.” – Daymond John
“Learn as many mistakes and what not to do while your business or product is small. Don’t be in such a hurry to grow your brand. Make sure that you and the market can sustain any bumps that may occur down the road.” – Daymond John
“The things that I’ve learned is, try to make all the mistakes with your own money and on a small level so that when you are responsible for a partner’s money or assets, you’ve learned, and you don’t make bigger mistakes.” – Daymond John
“If you go out there and start making noise and making salespeople will find you. Sales cure-all. You can talk about how great your business plan is and how well you are going to do. You can make up your own opinions, but you cannot make up your own facts. Sales cure-all.” – Daymond John
“When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, ‘How is this different than anything else in the marketplace?’” – Daymond John
“Five days a week, I read my goals before I go to sleep and when I wake up. There are 10 goals around health, family, and business with expiration dates, and I update them every six months.” – Daymond John
“An entrepreneur needs to know what they need, period. Then they need to find an investor who can build off whatever their weaknesses are – whether that’s through money, strategic partnerships or knowledge.” – Daymond John