Daymond John Net Worth
Daymond John is a Fashion designer, Author, Businessman and Television personality of the United States. He is also a motivational speaker. He was born in 1968 in a lower middle class family and grew up in Hollis Queen, New York City. His father Garfield John’s ancestors hail from Trinidad and Tobago. His parents divorced when he was just 10 and he was brought up by his mother, Margot John, who encouraged him in all his initial endeavors.
Daymond started earning when he was just six years old. He sold pencils and did petty jobs like shoveling snow and raking leaves.
At a certain stage he found he was attracted to Hip Hop culture. He then found a market for selling clothes to individuals who were similiary drawn to this culture. To tap this market, John co-founded the Sportswear/Streetwear brand FUBU(For You By You) in 1992. FUBU concentrated on the city-bred youth looking for casual and hip clothing. FUBU merchandise featured Hockey jerseys, Sweaters, T-shirts and accessories such as hats. Some of the artists who have worn FUBU clothing in their music videos are Will Smith, Beyonce and Latoya Luckett. FUBU has been very popular internationally with global sales $6 billion at one point of time. This brand memorabilia has even been installed at the famous Smithsonian National Museum of African-American History and Culture in Washington DC.
Some of the other lines that John has invested in are Kappa USA, Coogi, Crown Holder and Heatherette. He has also invested in a Brand management consulting firm called Shark Branding. He has invested in Fashion industry, Health clubs, online shopping websites and Tech companies.
He turned author with his book “Display of Power – How FUBU changed a World of Fashion, Branding and Lifestyle”. He wrote more books on Entrepreneurship under the Display of Power Series and “The Brand Within:”How We Brand Ourselves, from Birth to Boardroom.
He appears in the Emmy Award winning ABC Realty show Shark tank, where members listen to Business Idea pitches from wanna-be entrepreneurs and supports viable projects.
Daymond John is also a Business and motivational speaker at various forums and colleges.
Life History of Daymond John
Daymond is engaged to his long time girl friend Heather Taras. She gave birth to their Girl Child Minka Jagger John. From previous relationships, he has two older children Yasmeen and Destiny.
John has dyslexia.
John is on the Board of NFTE events. This organization has centers across 12 countries and teaches value of entrepreneurship to the Low income groups in these centers.
Awards and Recognition
Daymond John has received the NAACP entrepreneurs of the Year Award twice. He also won the Congressional Achievement Award for Entrepreneurship two times.
Some of the other awards that he won are Brand Marketer of the year for the year 1999. Details Magazine listed his name under the 50 Most Influential Men list. He received the Brandeis University International Business School’s Award for Excellence in Global Entrepreneurship.
He also holds the Forty under Forty Awards given by Crains’ New York Inc., an American publishing company.
Net worth of Daymond John
Daymond John has business interests in fields of fashion, Media and Finance and his net worth from all his enterprises till date is $300 million. He is also an author of bestselling author of books on business.