Daymond John Net Worth is$100 Million
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Profession: Chief Executive Officer
Date of Birth: Feb 23, 1969
Country: United States of America
Daymond John is a businessman, fashion designer, author and television personality with a net worth of $100 million. Daymond John earned his net worth as his position with FUBU as CEO and president, as a designer of hats, accessories and clothing, as well as appearing on the television series Shark Tank and as the author of Display of Power and the Brand Within. He was born in Brooklyn, New York.
Daymond John (born February 23, 1969) is an American entrepreneur, investor, television personality, author and motivational speaker. He is best known as the founder, president and CEO of FUBU, and appears as an investor on the ABC reality television series Shark Tank.
John was born in the New York City borough of Brooklyn, but spent his childhood in the Queens neighborhood of Hollis He was raised an only child by his mother and attended Bayside High School. In high school, he participated in a co-op program that allowed him to work a full-time job and attend school on an alternating weekly basis, which he credits with instilling an entrepreneurial spirit. After graduating high school, he started a commuter van service.
FUBU's origins date to 1992. At the time, wool hats with cut-off tops were popular, and John noticed them being sold for $20, which he considered overpriced. He went home and sewed around 80 hats with his next-door neighbor, Carl Brown. They sold their homemade hats for $10 each in front of the New York Coliseum, and made $800 in a single day.
Sensing potential, Daymond and his mother mortgaged their house for $100,000 to generate start-up capital. In addition to Brown, he recruited longtime friends J. Alexander Martin and Keith Perrin into the business, and began sewing the FUBU logo onto hockey jerseys, sweatshirts, and t-shirts. To make ends meet, John held a full-time job at Red Lobster, working on the FUBU business in between shifts. In 1993, he convinced LL Cool J, an old neighborhood friend, to wear a FUBU t-shirt for a promotional campaign. Later, while filming a 30-second advertising spot for The Gap, LL Cool J wore a FUBU hat in the commercial and incorporated the line "for us, by us" in his rapping.
FUBU gained nationwide exposure when John and his partners traveled to Magic, a trade show in Las Vegas in 1994. Despite not being able to afford a booth, FUBU received over $300,000 worth of orders. FUBU continued growing, signing

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Daymond John Latest News

TV 'Shark' Daymond John to speak at El Paso Business Conference and Expo

Daymond John, clothing mogul and part of ABC-TV's "Shark Tank" realty show, will be the luncheon speaker at the El Paso Business Conference and Expo Oct. 23 at the El Paso convention center Downtown. John is an entrepreneur, investor, founder and CEO of ...
Posted: October 14, 2014, 8:04 pm

'Shark Tank' to feature Jimmy Kimmel's fashion-business pitch Oct. 24

How will the Sharks respond? Find out on Jimmy Kimmel Live, airing Oct. 27." The Sharks -- Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John and Kevin O'Leary -- are self-made, multi-millionaire and billionaire tycoons who give ...
Posted: October 16, 2014, 3:48 pm

But, Wait! What's On TV Tonight? Fri., Oct. 17th: PORGY, BESS & Bradley Cooper

I don't know if it is the dulcet tones of Daymond John, or the comic absurdity of Kevin O'Leary, but it is a nice hour of escapist television, where you don't have to worry about who killed their lover, or whether or not someone will discover the main ...
Posted: October 17, 2014, 8:00 am
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