Robert Herjavec is not just a shark in the boardroom but also in real estate as he lists his New York City penthouse for $38.5 million.
The renowned "Shark Tank" investor and entrepreneur's 6,240-square-foot apartment spans an entire floor of One57, a 75-story skyscraper on Manhattan's Billionaire's Row, according to the Robb Report. Herjavec purchased the property almost three years ago for about $32 million.
A 26-foot-wide foyer, accessed via a private elevator, opens into a great room with floor-to-ceiling windows overlooking Central Park and the New York skyline. Finishes and furnishings include Venetian plaster ceilings, Brazilian herringbone wood floors and custom lacquered millwork in the kitchen.
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The penthouse has four ensuite bedrooms, including the primary master that at 1,350 square feet is as big as many people's homes.
The homeowners association bill of $11,800 per month buys access to the building’s amenities, which include valet parking, a health club with a gym, private pool and spa, dining and screening rooms, a library and billiards room and a pet spa.
Herjavec, 61, put the lavish penthouse on the market after deciding to move to the West Coast with his wife Kym Johnson and their 6-year-old twins Hudson and Haven, according to People magazine.
"I love the place in NYC — it makes me smile every time we are there, but we are making a more permanent move to the West Coast so not sure we will get to use it much," Herjavec said in a statement to People.
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Last year, Herjavec paid $26 million for an estate in Hidden Hills, a gated Los Angeles suburb where many Kardashian family members and other celebrities live. The price was the most ever paid for a home in Hidden Hills.
Herjavec's story is one of rags to riches. His family immigrated from Croatia to Canada when he was 8 years old. Until then, he didn't know he was poor. He learned the importance of customer relationships working as a newspaper deliveryman in the early 1990s.
He made his fortune in technology, founding BRAK Systems, which he later sold to AT&T for CA$30.2 million ($22 million). Next, he started the information technology company The Herjavec Group, now called Cyderes, which has grown from three employees and $400,000 in sales to more than 300 employees and $223 million in revenue over the last 20 years.
What's the key to Herjavec's success?
"The best advice I would give to somebody is, don't ever start a business that you are not incredibly and deeply passionate about," Herjavec told Business News Daily. "It is hell, and you will spend more hours with your business than you will with your family and friends. You will have horrible days that will make you want to quit and question everything you have ever learned. Along that journey, if you don't absolutely love what you do, there is no way you will survive."
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