Daymond John is a Brooklyn-born American entrepreneur, author, motivational speaker, and investor. John founded FUBU and serves as its CEO and president. This is basically how people know him. Additionally, he appears as one of the investors on the ABC reality series “Shark Tank”.
Daymond John Biography And Networth
|Net Worth||350 Million Dollars|
|Name||Daymond Garfield John|
|Date of Birth||February 23, 1969|
|Birth Place||Brooklyn, New York, United States|
|Education||Bayside High School|
|Profession||Chief Executive Officer of FUBU|
Daymond John Early Life
On February 23, 1969, Daymond John was born in Brooklyn, New York. John was raised in the Hollis section of the Queen’s estate. He spent seven years in a Catholic school. John’s parents got divorced when he was 10 years old. Eventually, he started working. One of his earliest jobs involved handing out brochures for $2 per hour. He took part in a high school program that let him work a full-time job and go to school on alternate weeks. He attributes this with giving him an entrepreneurial attitude. He created a commuter van service and worked as a waiter at Red Lobster after leaving high school. John chose not to attend college in order to launch his job and start providing for his family as soon as feasible. His career began when he was appointed president and CEO of the business FUBU.
Daymon John Career
The establishment of FUBU Company was the beginning of John’s career. While working at Red Lobster, he raised the money he needed to start his own business. In 1992, John started creating hats in the Queens basement of his mother to sell at events like concerts and community fairs. Given his early success, John sought out his old pals Alexander Martin, Carl Brown and Keith Perrin. Together they started making tie-top hats. John took out a $100,000 mortgage and opened up shop at his mother’s house. This marked the start of FUBU, which stands for “For Us, By Us”. Later, FUBU’s assortment grew to include baseball hats, t-shirts, and hockey jerseys.
They were all embroidered with the FUBU logo. His line, which combined his love of hip-hop and fashion, was intended for young, urban male clientele. FUBU soon rose to prominence as one of the top urban clothing brands, influencing the style of young African Americans. John later established the FUBU Foundation in 1997, which raised $1 million yearly. John launched FUBU Entertainment in 2000 as part of his business empire expansion following the success of “FUBU The Collection”. John is one of the major investors on the television program “Shark Tank,” where corporate professionals evaluate business proposals and choose which to fund.
Daymond John Wife
Daymond John is married to Heather Taras. Heather Taras, an American nurse and a business consultant, is also an investor on Shark Tank.
Daymond John Net Worth
Daymond’s clothing line has generated millions of dollars over the years. As of 2022, John has a net worth of $350 million.
Daymond John Body Features