Blake Mycoskie Net Worth - How Rich is the Entrepreneur?
Grab all the details on the net worth of the American entrepreneur, author, and philanthropist Blake Mycoskie.
The new season of 'Shark Tank' featured entrepreneur Blake Mycoskie and fans instantly took a liking to the new guest shark. The ongoing Season 12 of the show has Blake and Kendra Scott as guest sharks, but for many, Blake's been the focus of attention so far. It may have to do with his personality because many fans say 'he seems like a badass,' and this may have drawn them.
Blake Mycoskie is the founder of the shoe designing and manufacturing company Tom Shoes. He also co-founded Made for a wellness program, which according to its website, describes as a ten-month program that applies the principles of modern neuroscience, psychology, and physiology to make your brain and body better.' As a successful entrepreneur, he's earned tons of money, the breakdown of which we have done below.
What is Blake Mycoskie's Net Worth?
According to Celebrity Net Worth, Blake Mycoskie holds an estimated net worth of $340 million as of October 2020. He made the major portion of this net worth from his company Tom Shoes. Additionally, the earnings from Made for, the company of which he is a co-founder, also contribute to his current net worth.
Blake Mycoskie holds an estimated net worth of $340 million as of October 2020.
Source: The Business of Fashion
Mycoskie, after college graduation, moved to Nashville, where he founded Mycoskie Media, an outdoor billboard company that focused mainly on marketing country music. The nine months after it was launched, Blake sold the company to Clear Channel, a mass media corporation.
In 2001, Mycoskie and his sister, Paige, appeared on season 2 of 'The Amazing Race' and finished in third place, missing a million-dollar prize by four minutes. The same year, Blake moved to Los Angeles. There, he co-founded the cable network Reality Central with Larry Namer, a founder of E! Entertainment Television. He raised $25 million from venture capitalists and launched the network in 2003, but it folded in 2005 after Rupert Murdoch launched the Fox Reality Channel and outbid Reality Central for advertisers and programming.
Mycoskie had visited Argentina while competing on 'Amazing Race,' and he returned there in 2006 on vacation. There he met an American woman who was part of a volunteer organization that provided shoes for children in need. Blake was inspired by that encounter and returned to the United States and founded Toms.
Blake Mycoskie Put His California Home on Sale in 2019
According to the Los Angeles Times, Blake Mycoskie put his house in Topanga, California, for sale at $6.999 million in 2019. The TOMS founder had bought the house seven years ago for $4 million.
Blake Mycoskie put his house in Topanga, California, for sale at $6.999 million in 2019.
Source: Los Angeles Times
The luxurious house is spread over an area of 6000 square feet. It comes with a four-bedroom main house, a two-bedroom guesthouse, and a detached sauna. Additionally, there's an office, a gym, a two-story dining area, and a galley-style kitchen with a farmhouse sink.
Stay tuned to Idol Persona for more net worth-related content of your favorite celebrities.