Biography
Daymond John is a businessman, investor, and television personality from the United States. He is most known as the founder, president, and CEO of FUBU, as well as an investor on the ABC reality television show Shark Tank. John is the creator of The Shark Group, which is based in New York City.
Does Daymond John have a degree?
For seven years, John attended Catholic school. He participated in a program in high school that allowed him to work full-time and attend school on an alternate weekly basis, which he credits with fostering an entrepreneurial spirit in him. He founded a commuter van service and served tables at Red Lobster after graduating from high school.
Daymond John Age
He is 54 years old as of 23 February 2023. He was born on 23 February 1969 in Brooklyn, New York, United States. He was born as Daymond Garfield John.
Daymond John Wife
John married Heather Taras, his second wife, in 2018, and they have a daughter named Minka Jagger. His first marriage produced two children, Destiny and Yasmeen.
Daymond John Height
He stands at a height of 5 feet 9 inches (1.6 m).
Daymond John House
When he’s in New York, he’s probably in Midtown. He easily crosses the street after work to come home, where he lives in a high-rise with his partner, Heather, and their daughter, Minka. It’s a comfortable working environment, but when it’s time to play, he prefers woodpeckers and grass to concrete and pigeons. He sometimes skips town on weekends and heads north to his cabin in Dutchess County, which stands on several hundred acres.
Net Worth
He has an estimated net worth of $350 Million.
Tattoo
When John told his mother that he was getting her likeness tattooed on his right arm, she advised him to start working out more. On Tuesday, while sitting in a tattoo chair at Elysium Studios, 535 N. Seventh St., and attempting to remember tattoo artist Arlo DiCristina’s caution not to communicate too much with his hands, John recalled.
Shark Tank
In 2009, Mark Burnett called John and asked him to join the cast of ABC’s new reality business show Shark Tank, which allows entrepreneurs to pitch their firms to investors, or “Sharks,” in the hopes of earning an investment. Shark Tank’s 13th season will conclude in May 2022. As of May 12, 2017, John had invested $8,567,000 of his personal money in Shark Tank startups. By 2015, his favorite investments were Al “Bubba” Baker’s boneless ribs and Bombas socks. Shark Tank received an Emmy in 2016 and Outstanding Reality Program from 2012 to 2014.
On Season 5 of Shark Tank, John invested in Bubba’s-Q Boneless Ribs and has helped the company grow from $154,000 in sales to $16 million in three years. Bubba’s-Q Boneless Ribs collaborated with Carl’s Jr. in 2017 to develop the limited-edition Baby Back Rib Burger.
On Season 5 of Shark Tank, John struck a unique deal with Moziah “Mo” Bridges, the 15-year-old owner of Mo’s Bows. Instead of investing in Mo’s Bows, John decided to mentor the young entrepreneur. Mo’s Bows recently announced a seven-figure licensing agreement with the NBA to produce bow ties with the clubs’ logos. During a show update, Mo’s Bows were being sold at Neiman Marcus.
After investing in Bombas Socks on Season 6 of Shark Tank, the company’s total sales climbed from $450,000 to $12 million in the first nine months. Bombas distributes a pair of socks to someone in need for every pair sold. Sun-Staches received a $4.2 million investment from John on Season 6 of Shark Tank. Shark Tank has had four Emmy nominations and four wins. The Shark Group, a brand management and consulting agency, is led by John. The Shark Group’s headquarters are in Manhattan, New York.
FUBU
In Hollis, Queens, John founded FUBU in his mother’s home. When John first conceived the concept for a clothing firm for young men, his mother taught him how to sew and backed him by allowing the business to take over her home.
Wool ski caps with fishing line tips were trendy at the time, and John observed them being offered for $20, which he thought was exorbitant. He returned home and stitched approximately 90 hats with his next-door neighbor. They made $800 in a single day in 1992 by selling their handmade hats for $10 each on the intersection of Jamaica Avenue. Following the hats, they started selling screen-printed T-shirts.
To get started, they sold on consignment and at huge events throughout the Northeast. To make things meet, John worked full-time at Red Lobster and worked on the FUBU venture in between hours.
Sensing opportunity, John and his mother mortgaged their home for $100,000 in order to raise startup capital. Along with Brown, he enlisted the help of longtime friends J. Alexander Martin and Keith Perrin, and began sewing the FUBU logo onto hockey jerseys, sweatshirts, and T-shirts. For two years, they loaned roughly ten hockey jerseys to rappers for music videos and received product placement in about 30 videos.
Despite being a small company, they were perceived as a large clothing brand, and stores began requesting their brand. In 1993, he persuaded an old neighborhood buddy, LL Cool J, to wear a FUBU T-shirt in a promotional campaign. Later, when filming a 30-second commercial for The Gap, LL Cool J wore a FUBU hat and integrated the words “for us, by us” into his rapping.
In 1992 or 1994, John received $300,000 in orders as well as an offer to represent Macy’s (M) at the MAGIC fashion trade show in Las Vegas. In order to complete the orders, they had to take out a second mortgage on his mother’s house.After being turned down for a loan by 27 institutions, his mother spent the rest of their funds to place an advertisement in the New York Times. As a result of the advertisement, FUBU reached an agreement with Samsung Textiles, allowing them to complete their orders. FUBU’s global sales have surpassed $6 billion. FUBU is on display at the Smithsonian Institution’s National Museum of African-American History and Culture.
Books
• Display of Power is written by Daymond John with New York Times best-selling collaborator, Daniel Paisner. Display of Power tells how four ordinary guys from Queens, New York, rose from street corners to corner offices and became the greatest trendsetters of their generation.
• The Brand Within: The Power of Branding from Birth to the Boardroom (2010), examines the loyalty relationships companies and celebrities seek to establish with their customers and fans, along with the identifying marks consumers carry when they buy into a brand or lifestyle.
• The Power of Broke: How Empty Pockets, a Tight Budget, and a Hunger for Success Can Become Your Greatest Competitive Advantage was written by John in 2016. John features various success stories from entrepreneurs such as Kevin Plank, Steve Aoki, Gigi Butler and Mo Bridges. The Power of Broke appeared on the Wall Street Journal and New York Times bestseller lists, and received an NAACP Image Award for Outstanding Instructional Literary Work.
• Rise and Grind: Outperform, Outwork, and Outhustle Your Way to a More Successful and Rewarding Life was released in January 2018. Rise and Grind became a New York Times and Wall Street Journal best-seller.
• Little Daymond Learns to Earn was released in March 2023. Little Daymond became a New York Times best-seller.
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