What is Peter Jones' net worth? 'Shark Tank' guest judge spent $8M on 'Dragon Den'
It isn't just about sniffing out a good deal for the Sharks on 'Shark Tank'. It boils down to investing in order to yield the most returns. While making dreams come true does account for part of the show, for the sharks, it boils down to how will this investment pay off. For them, they're all set to spend money to make money.
With Season 13 of the show finally here, fans get to see Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Kevin O'Leary, and Daymond John make their life-changing deals. As always, there are a few guest judges to spice things up. This season, we see the likes of Emma Grede, Kevin Hart, and Nirav Tolia. And among them is none other than Peter Jones himself, from UK's 'Dragon's Den', the show that inspired 'Shark Tank'. So, how does a dragon fair in front of sharks? Keep reading to find out!
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Who is Peter Jones?
A businessman, Peter Jones is popularly known as the sole remaining original Dragon on the BBC's 'Dragons' Den', which inspired 'Shark Tank', seeing that the show follows a similar format. Jones' first business began at age 16, where he made personal computers, a company he later sold to IBM. He worked for joined Siemens Nixdorf and even owned a cocktail bar. His next venture was in 1998, which was Phones International Group.
His other business includes Red Letter Days, Wines4Business.com, Peter Jones TV, and Jessops. Jones has also been involved in charity work -- he founded The Peter Jones Foundation in 2005, to support the advancement of education in young women, and in 2009, he founded the Peter Jones Enterprise Academy aimed at helping people become successful entrepreneurs. PJEA has several campuses in Amersham, Sheffield, Manchester, Southend, and Oxford.
His net worth
Sunday Times Rich List 2021 reported that Jones is worth £1.157 billion ($1,581,341,320). During his time on 'Dragon's Den' Jones invested approximately $8,104,798 (or £5,983,167) in a range of entrepreneurial ideas, such as 'Levi Roots Reggae Reggae Sauce', 'Love da Popcorn', 'Rempods' and 'Bare Naked Foods'.
A large chunk of his wealth comes from his businesses, but Jones also has made multiple media and TV appearances that help add to that number. He sold a television show idea called 'The Inventor' to the American Broadcasting Company. He was even instrumental in the success of ITV's 'Tycoon', which was produced by the Peter Jones Television company. The show's premiere garnered 2.1 million viewers, which was allegedly more than the UK premiere of 'The Apprentice' and 'Dragons' Den'. He's also appeared on shows such as 'Hustle', 'Celebrity Juice', 'Never Mind the Buzzcocks' and 'Top Gear'.
Not much is known about Jones' real estate, other than he was selling his Beaconsfield home back in 2011, as reported by Right Move. The $44.5 million (£3.25 million) mansion came with six bedrooms and was located in what is known as the 'golden triangle' due to all of the luxurious homes in the area.
Catch 'Shark Tank' Season 13 on Fridays at 8/7c on ABC. Episodes can also be viewed the next day on demand and on Hulu. Not just that, you can also watch old seasons and episodes on Amazon Prime Video and iTunes.