Why Did Robert Leave Shark Tank

Why Did Robert Leave Shark Tank: Everything You Need To Know

Apart from being a successful businessman, Robert Herjavec has also made his presence in the television industry. The primary reason behind his fame was because of the famous show Shark Tank. Despite getting such fame and a potential place to invest, the businessman left Shark Tank.

So why did Robert leave Shark Tank? Robert Herjavec left Shark Tank after 6 consecutive seasons without any particular reason. All he said was that he needed to spend more time with his family. Furthermore, The Herjavec Group, Robert’s company, needed him to give more time to the company.

Nevertheless, there have to be deeper reasons, right? Well, don’t worry, as we will dig in deep with the reason behind his leaving this show and what he’s up to now. So, without further ado, let’s get started.

Why Did Robert Leave Shark Tank?

Robert Herjavec is one of those men who has been on Shark Tank from the start. As a successful businessman, he saw Shark Tank as an opportunity to invest his wealth. Since Shark Tank is a place where potential businesses present themselves for investment, there could be no better place to invest.

On the other hand, it is estimated that Robert gets paid $50,000 per episode. From an entrepreneur’s perspective, this is a win-win scenario for every entrepreneur. 

However, after season 6 of Shark Tank, we all got the news of him leaving. Well, if you hear his side, then you would certainly get his point.

Why Did Robert Leave Shark Tank

Firstly, things haven’t been going well for Robert Herjavec when it comes to his family. The last episode of Shark Tank was aired on May 15, 2015, and he got divorced in early 2016. Thus, Herjavec was quite disturbed about his not being able to give enough family time.

Since he had to deal with the Shark Tank shoots, his own business, and his family, things were not easy for him. In short, it’s not a small feat to do that much time management between his family and his career.

Similarly, he has three kids that he often fails to make up time for.  Just like us, he also had 24 hours on his clock. Overall, the divorce and kids are what made him rethink his family time and play a crucial role in his leaving the show.

The Herjavec Group

Herjavec Group

As you can already guess from the name, the Herjavec Group is Robert’s own company that he founded and grew together with. In short, it’s the company that made him what he is now. 

It turns out that Robert Herjavec was not able to provide enough time for the company to grow. As a result, the company required him to invest more time in the company. 

This is the second and the last factor that made him announce not being able to continue with Shark Tank. And that is why Robert didn’t continue after Season 6 of Shark Tank. Just like everyone, he has his personal life to be taken care of.

Here’s a video that explains Robert’s origins through The Herjavec Group;

https://www.youtube.com/watch?v=iByMvhHsCLU

Unofficial Reason Behind Robert Leaving Shark Tank

Robert Herjavec certainly cleared us that there is no single definitive answer as to why he departed. He just said he is taking time off Shark Tank to have a more healthy work-life balance. However, there is an unofficial reason behind Robert leaving Shark Tank, which most fans often talk about.

Unofficial Reason Behind Robert Leaving Shark Tank

It is widely believed that the cast members negotiate for their pay and equity shares in the companies they appear in. Nevertheless, the specifics of their contracts are not made public. Yet, it’s probable that Robert wanted a different kind of pay or that his financial expectations were not satisfied. 

Contract negotiations can occasionally be difficult and divisive, resulting in arguments between the parties. As a result, Robert Herjavec had to take the other way of investing his time in different things since he came across limitless opportunities. 

Is Robert Herjavec Back On Shark Tank

From the recent activities, it seems like our favorite host and entrepreneur, Robert Herjavec, has healed and made a comeback. We can see that Robert is finally back from the official trailer of Shark Tank Season 15, released on Sep 19, 2023.

Nevertheless, in several episodes from Season 15 of Shark Tank, we have seen Robert’s presence. So, it can be said that he is officially back on Shark Tank.

Is Robert Herjavec Back On Shark Tank

On the other hand, the Herjavec company owner was also a host of a Canadian show called Dragons’ Den. He was last seen in Dragon’s Den 10 years ago and went missing. However, along with Shark Tank, Robert also comes back to Season 17 of Dragon’s Den.

FAQ

Before we conclude everything, let’s take a look at some commonly asked questions regarding Robert Herjavec’s leave from Shark Tank.

Did Mark Cuban also leave Shark Tank along with Robert Herjavec?

No, Mark Cuban didn’t leave Shark Tank. He’s been there from the start and is still doing the show. Mark has been present in every season, and the fans hope he does.

How much money did Robert Herjavec invest in Shark Tank deals?

Robert Herjavec invested over $20 million in Shark Tank deals during his time on the show. One of the famous brands that he invested in is Scrub Daddy.

Who replaced Robert Herjavec on Shark Tank?

No one took the place of Robert Herjavec. However, there were numerous guests to fill the vacant spot left by Herjavec.

Conclusion

To conclude, we can say that the two disclosed reasons behind why Robert left Shark Tank were his family and his company. He couldn’t make a perfect work-life balance. Furthermore, after the divorce from his wife, it hit him hard and made him realize there’s more to life than a show.

On the other hand, the unofficial reason is that  Shark Tank couldn’t meet his financial expectations. Nevertheless, whatever the reason might be, he is back in Season 15 of Shark Tank and ready to move forward in his life.

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