Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Shark Tank's Robert Herjavec Says He's 'Never Lost Money On Real Estate' — Credits Charlie Munger's Simple Rule

Herjavec shares Charlie Munger’s advice: to build wealth in real estate, never sell a house—keep every one you own. (Screenshot: Robert Herjavec LinkedIn)

Shark Tank star Robert Herjavec has amassed a fortune of over $600 million from his diverse business ventures. His journey was anything but traditional. Lacking formal training in business or accounting, many doubted his potential as an entrepreneur. Nonetheless, he developed his skills and technical expertise to build leading cybersecurity firms.

Herjavec scaled these companies to impressive heights before selling them to tech giants and private equity firms. His breakthrough came in 2000 with the sale of Brak Systems, an internet security software integrator, to AT&T Canada for nearly $30.2 million. Over the past two decades, Herjavec has followed a similar pattern—building and selling multiple companies to industry giants such as AT&T and Nokia.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.