Daymond John is a prominent American businessman, investor, and television personality, best known as the founder, president, and CEO of the global lifestyle brand FUBU. His entrepreneurial journey began in his mother’s house in Hollis, Queens, where he started FUBU by sewing hats and T-shirts. Through innovative marketing strategies, including product placements in music videos, John propelled FUBU to remarkable success, achieving over $6 billion in global sales and establishing it as a staple in the fashion industry.
In 2009, John joined the cast of ABC’s reality show Shark Tank, where he has become a key investor, contributing over $8 million to various startups. His investments have significantly impacted companies like Bombas socks, which saw sales soar from $450,000 to $12 million following his involvement. John’s mentorship has also been instrumental for young entrepreneurs, exemplified by his guidance to Moziah Bridges, the founder of Mo’s Bows, which secured a licensing deal with the NBA.
Beyond his business ventures, John is a celebrated author with five best-selling books, including The Power of Broke and Rise and Grind. His insights into entrepreneurship have earned him numerous accolades, including the Brandweek Marketer of the Year and the Ernst & Young New York Entrepreneur of the Year Award. In 2015, he was appointed by President Obama as a Presidential Ambassador for Global Entrepreneurship, further solidifying his commitment to fostering the next generation of business leaders.
As the CEO of The Shark Group, John continues to influence the marketing landscape, providing consulting services that connect brands with top celebrities. His dedication to entrepreneurship extends to educational initiatives, including scholarships for aspiring business owners. With a dynamic presence on Shark Tank and a passion for empowering others, Daymond John remains a pivotal figure in the world of business and entrepreneurship.