From Kevin O'Leary To Kendra Scott: The Surprising Things Shark Tank Stars Refuse To Buy

Even with millions – or even billions – in the bank, the stars of Shark Tank are surprisingly selective about how they spend their money. From shunning luxury items to embracing thrift, these entrepreneurs share what they refuse to splurge on – and why.

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Mark Cuban: Watches Are a Thing of the Past

Mark Cuban, billionaire entrepreneur and owner of the Dallas Mavericks, has a personal rule: no more watches. Cuban decided to ditch timepieces after selling his first company, MicroSolutions, at age 32. 

"Time is the one asset you can never get back," he told CNBC. "I wanted to be … in a position where I get to call my own shots [and] spend time the way I wanted to spend time." Cuban now wears an Apple Watch, primarily for health tracking, but maintains his stance against luxury watches.

Kevin O'Leary: No to Yachts

Kevin O'Leary, known as "Mr. Wonderful," is no fan of yachts. He told E! News that he avoids these costly vessels because "you can see the money burning off them." This sentiment might stem from practicality – or caution. O'Leary and his wife were involved in a tragic boat crash in 2019, according to CNBC, though his distaste for yachts predates the incident.

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Lori Greiner: Skipping the Lamborghini

Lori Greiner, who has a net worth of $150 million, has no interest in flashy sports cars like Lamborghinis. She told E! News that these vehicles can "get crashed and ruined in a minute," making them a poor investment. Her frugal mindset reflects a common theme among the Sharks: practicality over extravagance.

Kendra Scott: Never Missing a Sale

For Kendra Scott, founder of her eponymous jewelry empire, saving money is second nature. Despite her success, she told E! News that she never misses Labor Day or Memorial Day sales. "When you start a business with 500 bucks as a single mother … you remember what it's like to be poor," she said. This habit reflects her roots and reminds her how far she's come.

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Todd Graves: No Private Jets for International Travel

Todd Graves, founder of Raising Cane's Chicken Fingers, opts for commercial flights when traveling internationally. "For those dollars, I'll just get on a regular plane," he shared with E! News. While private jets can save time, Graves' decision demonstrates a commitment to financial discipline – even at the expense of convenience.

Robert Herjavec: All About Happiness

In contrast to his costars, Robert Herjavec has a different approach to spending: if it brings him joy, he's willing to pay for it. Herjavec's philosophy underscores the individuality of each Shark's financial decisions.

Frugality Meets Success

The financial habits of Shark Tank stars reveal that wealth doesn't necessarily equate to extravagance. From Cuban's symbolic rejection of watches to Scott's dedication to bargain shopping, these choices reflect practicality and personal values. Whether protecting time or remembering humble beginnings, the Sharks demonstrate that mindful spending is key to their success.

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