2. Income & Salary
Daymond’s success as an entrepreneur exploded once rapper LL Cool J, also from Hollis, sported a t-shirt with the FUBU logo during a promotional advertising campaign. Daymond rented a hotel room near a trade show in Las Vegas and returned to Hollis with over $300,000 in orders. Soon thereafter, FUBU had contracts with Macy’s, J.C. Penney, and the National Basketball Association. Daymond signed a distribution deal with the South Korean company Samsung. At its peak in 1998, FUBU’s annual sales reached $350 million. Since its inception, FUBU has had more than $6 billion in sales around the globe. In addition to his FUBU success, from 2009 on, Daymond John has been a regular host of the hit TV series “Shark Tank,” where he serves as an angel investor for businesses looking to go to the next level. Daymond also assists such entities and celebrities as Shopify, rapper Pitbull, and the Miss Universe Organization to increase their revenue and expand their brand. Additionally, Daymond has become an author and motivational speaker.