'Shark Tank': How much do the Sharks earn from ABC show?
Shark Tank, the popular American show which has spread its wings in other countries, is all about aspiring entrepreneurs pitching their business models to a panel of investors and persuading them to invest money in their idea. The panel, lovingly or otherwise called ‘Sharks’, include Barbara Corcoran, Mark Cuban, Lori Greiner, Rober Herjavec, Daymond John and 'Mr Fabulous Kevin' O’Leary.
In a time, when people are rejecting jobs and opting to start up their own ventures, Shark Tank comes both as a reminder and a revelation. It has become an important show to inspire an entrie generation to break the norm and brace the winds. Young people today don’t want to labor for anybody else, they want to exercise their own agency and be their own bosses.
'Shark Tank' fuels that resolve in them. While the show not only serves as entertainment, it also equips a generation of young entrepreneurs with the information and understanding of a successful business venture. It develops, in the viewer, a business acumen and an entrepreneurial appetite.
But how much do the ‘Sharks’ make on ‘Shark Tank’? Keep reading to find out.
How much do the Sharks make on 'Shark Tank'?
The Sharks don't just make money from investing in the products entrepreneurs pitch on the show, they also draw big salaries for their work on one of the most popular and long-running reality shows. Even though their salaries have never been made public, back in 2016, Variety estimated they were all earning at least $50,000 per episode. Based on a 24-episode season, that means that each of the six Sharks is earning $1.2 million a year at a minimum. With the possibility of the amount being more.
What is the networth of the Sharks from 'Shark Tank'?
Mark Cuban being the richest of all Sharks is estimated to be worth $3.9 billion; Kevin O’Leary is worth $400 million, Daymond John is worth $300 million; Robert Herjavec is worth $200 million; Lori Greiner is worth $100 million; and Barbara Corcoran is worth $80 million.