Robert Herjavec: A Journey from Immigrant to Multi-Millionaire

Robert Herjavec, a name synonymous with entrepreneurial success and television fame, has carved a niche for himself in the competitive world of business and entertainment. Born in Croatia and immigrating to Canada with his family under challenging circumstances, Herjavec’s story is one of determination, resilience, and financial acumen. His journey from a basement in Toronto to the heights of corporate success encapsulates the essence of the Canadian dream.

Early Life and Immigration

Robert Herjavec was born on September 14, 1962, in Varaždin, Croatia. Facing political oppression, his family made a daring escape from Yugoslavia, arriving in Halifax, Nova Scotia with just a single suitcase and $20. This marked the beginning of a new life in a new world, fraught with challenges yet brimming with opportunities. Settling in Toronto, Herjavec’s family lived in a basement, a humble start for a future mogul. Despite the language barriers and economic hardships, the young Herjavec was instilled with a work ethic that would define his career.

Formative Years and Education

Herjavec’s early life in Canada was marked by financial struggle, which shaped his understanding of money and business. His father, a factory worker, instilled in him the values of perseverance and hard work. Herjavec attended the University of Toronto, graduating with a degree in English literature and political science. His college years were characterized by a series of odd jobs, from waiting tables to selling newspapers, which taught him the fundamentals of business and customer service.

Breaking into Business

Herjavec’s professional life began in film production, a field that honed his organizational and leadership skills. However, his career trajectory took a significant turn when he ventured into the world of technology sales. Despite lacking formal qualifications, Herjavec’s charisma and determination landed him a job at Logiquest selling IBM mainframe emulation boards. His success in sales led him to start his own technology company, BRAK Systems, which he later sold to AT&T Canada for a substantial sum. This sale marked his first major financial success.

The Herjavec Group

In 2003, Herjavec founded The Herjavec Group, a company specializing in IT security services and solutions. Starting with just three employees, the company grew exponentially under his leadership, reflecting Herjavec’s sharp business acumen. Today, The Herjavec Group is recognized as one of Canada’s largest IT security providers, boasting over $200 million in annual revenue. The company’s growth is a testament to Herjavec’s vision and strategic direction.

Television and Public Persona

Robert Herjavec’s charisma and business savvy eventually led him to television, where he became a popular figure on shows like “Dragon’s Den” and “Shark Tank.” On these platforms, Herjavec invested in numerous startups, further diversifying his investment portfolio and increasing his visibility and influence in the business world. His television appearances made him a household name, bringing his business insights to a broader audience.

Personal Life and Philanthropy

Off the screen, Herjavec leads a fulfilling personal life. He married Kym Johnson, a dancer he met on “Dancing with the Stars,” and the couple has twins. Herjavec is also known for his philanthropic efforts, particularly in supporting causes related to education and homelessness, reflecting his gratitude towards the community that supported him during his early days in Canada.

Legacy and Future Endeavors

As of 2023, Robert Herjavec’s net worth is estimated to be around $300 million, a testament to his success in technology and media. Looking ahead, Herjavec continues to expand his business empire while also dedicating time to mentorship and philanthropy. His journey from immigrant to entrepreneur is not just a success story but also an inspiration to aspiring entrepreneurs worldwide.

FAQs

What is Robert Herjavec’s net worth?
As of 2023, Robert Herjavec’s net worth is estimated to be $300 million.

How did Robert Herjavec make his money?
Robert Herjavec earned his wealth through his IT security company, The Herjavec Group, and his investments in various businesses, particularly those pitched on the television shows “Dragon’s Den” and “Shark Tank.”

What companies has Robert Herjavec invested in?
Herjavec has invested in numerous companies across various sectors, including technology, fashion, and consumer products. Some of his notable investments include Tipsy Elves, a sweater company, and Aura Bora, an herbal sparkling water company.

What books has Robert Herjavec written?
Robert Herjavec has authored several books on business and entrepreneurship, including “Driven: How to Succeed in Business and Life” and “You Don’t Have to Be a Shark: Creating Your Own Success.”

What is The Herjavec Group?
The Herjavec Group is an IT security company founded by Robert Herjavec in 2003. It is one of Canada’s largest IT security providers, with over $200 million in annual revenue.