American businessman Daymond John is best known as the founder and CEO of the urban clothing brand, For Us By Us (FUBU). He is also the founder and CEO of the brand management and consulting firm, The Shark Group. The New York Times and Wall Street Journal best-selling author has further emerged in ABC series Shark Tank as an investor.
Two Daughter With Ex-Wife; Separated After He Became Rich
Daymond was married to his ex-wife whose identity has remained a mystery. The estranged couple has two daughters, Yasmeen and Destiny. While he was in a relationship with her, he became caught in a flow of richness and became an absentee husband and father. His busy schedule and less presence created a complication in their relationship.
His wife and kids mostly saw him on TV advertisements than in person. The American businessperson became indulged to shape his career and spent most of his time partying with friends, celebrities, and rappers. Daymond and his family cut the connection of a lower-middle-class area of New York City in Hollis Queens after he became wealthy. He was also not present at the time when his wife needed him the most.
Even though his wife spoke with the other upper-crust mothers, they merely showed sarcasm towards her absentee husband and described him as 'the one who robs by making baggy jeans.'
Even though Daymond's younger daughter fell from a bike, he consoled her over the phone. His wife was fed up with him and stated that he was no longer a person she fell in love. Eventually, they had a split, and his wife took everything from him, including his two daughters.
Decided To Move On With His Soon-To-Be Wife
After parting ways with his mysterious estranged wife, the American businessman decided to move on and started dating Heather Taras. The business tycoon purposed his lady love and got engaged in September 2016 on the set of Shark Tank. With his fiancée Heather, he shares a daughter named Minka, who is his third daughter. The once-absentee-husband also told Us Weekly that he has prepared a 9.5-carat emerald-cut diamond ring for his fiancée.
Daymond John and his fiancée, Heather Taras (Photo: pagesix.com)
A year after his engagement, he attended the 2017 Gersh Emmy Party with his soon-to-be wife, Heather. The event was presented by Tequila Don Julio 1942 in Los Angeles, California on 15 September 2017. The American businessman is set to forget his old abundance memory of the wealthiness and relish his moment with his forthcoming wife.
What Is Daymond John's Net Worth?
Daymond John has gathered a net worth of $300 million from his career as an American businessman. He has accumulated revenues as the founder and president of the urban clothing brand, For Us By Us (FUBU) since 1992. While his company was still young, he used to sell handmade hats for $10 and inferred $800 per day. His mother, Margot John saw a potential in her son and mortgaged their house for $100,000 to start-up capital.
Within six years of the establishment of FUBU, his clothing brand earned over $350 million a year in revenue. He also received $300,000 in orders and offered from Las Vegas fashion trade show, MAGIC. His mother mortgaged their house for the second time to fulfill the orders. The American hip hop apparel company now excels over $6 billion in global sales. He also invested over $7.5 million in business sectors appearing on Shark Tank.
Father Left His Family: Mother Helped To Fulfill His Dream
Daymond John was born to his parents Garfield John and Margot John. He grew up in a lower-middle-class area of New York City in Hollis Queens with his family. His father, Garfield left the house when his son was at the age of 10. Since then, the American businessperson has never spoken or seen his father.
Margot raised Daymond as a single mother. She supported her son in every aspect from becoming a man of the house to mortgaging their house to fulfill her son's dream. His mother assisted him in the establishment of FUBU and also took an ad in The New York Times. His company's big break emerged when 30 of the people arrived as loan sharks after seeing his mother's ad titled 'Million Dollars in Orders. Need financing.'
Born on 23 February 1969, American businessman Daymond John is a native of Brooklyn, New York City, New York. He grew up in Queens in the neighborhood of Hollis. Daymond gathered an entrepreneurial spirit and worked a full-time job during his school days. He commenced a commuter van service after he graduated from high school.