""FUBU" Daymond John's Impressive Net Worth - How Did He Became So Rich?
Daymond John has a whopping amount net worth which is around $350 million. He accumulated as a successful businessman, fashion designer, and author.
Furthermore, he is also a TV personality and won multiple awards such as "Brand week Marketer of the Year", "NAACP Entrepreneurs of the Year" twice, and "London International Awards" at the annual Creative Liaisons Program.
Here is some information on how he earns his net worth.
Earnings from "FUBU"
John's career graph goes up with all his hard works from "Flyer" earning just $2 per hour to $350 million owners. He started FUBU is an Urban hip-hop apparel clothing brand company, which stands for "For Us By Us" started from his mother's house in Queens.
The Woman behind his success is his mother who support him and taught him how to sew and grow the business in 1992. He mortgaged his home for $100,000 and rebuilt his home into half home and factory. "FUBU" founder attended the MAGIC men's apparel show in Las Vegas with worth $300,000.
Now, the company earns more than $6 billion in worldwide sales along with its other partner J. Alexander Martin, Keith Perrin, and Carlton Brown.
Aside from his successful business, Daymond John is also a renowned author who has published many books. Some of his books are "Display of Power", "The Brand Within", "The Power of Broke", and "Rise & Grind: Outperform", "Outwork" and "Outhustle Your Way to a More Successful and Rewarding Life".
As an author also, he received a considerable income. His books have been on the New York Times and Wall Street Journal bestseller enlists.
Shark Tank Ventures
In 2009, Daymond John was invited as judge of the television series, "Shark Tank" which provides an opportunity for entrepreneurs to expand their businesses among investors. He is interested in the concept and invests over $8.5 million of his own money in business.
The show was very successful among the audience for which he won Primetime Emmy Award for Outstanding Structured Reality Program 2014 to 2017.
Later, he founded and became the CEO of the “The Shark Group“ which is a consulting and brand management firm. He co-founded a program dedicated to teaching entrepreneurs which help to grow their businesses and also offers a Teaching Entrepreneurship scholarship worth $1,500 for two entrepreneurs a year.
Not only this he runs an online training program named “Daymond on Demand".
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