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Part of the fun of watching Shark Tank is hearing the wild pitches. And since the judges are the ones who decide whether to help someone make their business dreams come true, a lot of attention is paid to the personalities sitting in those intimidating chairs. The Shark Tank judges are super wealthy and they have each been in the business world for many years.
Some of the Shark Tank judges have been involved in some scandals or said some controversial things over the past few years. They have confused fans with their words, or in some cases, been the subject of lawsuits.
10 Barbara Corcoran Upset People By Saying She Fires Employees On Fridays
While the Shark Tank judges lose money on deals sometimes, they are all doing well in their own careers. Along with being a judge on Shark Tank, Barbara Corcoran created The Corcoran Group, a real estate company. According to CNBC, NRT spent $66 million and bought the company.
In December 2022, Barbara Corcoran said she fires people on Fridays on The Diary of a CEO podcast, and that caused a stir. According to The Daily Mail, she said, ‘I love firing people on Friday. I would stop by someone’s desk on a Wednesday and say, “Hey, would you have any time, sometime on Friday? They should have heard about the rumors. I couldn’t wait till they came in to fire them!” It’s easy to understand why those comments didn’t go over well.
9 John Paul DeJoria Was Sued By Students For Alleged School Conditions
John Paul DeJoria was a guest judge on Shark Tank in season 5. He and Paul Mitchell, a hairstylist, created the Paul Mitchell line of products together. He also runs several schools for people who want to become cosmetologists.
According to a Radar Online article from 2014, students filed a $5 million class action for “failure to pay minimum wages and/or overtime wages.” The students said that they didn’t receive any salaries for the work that they did.
8 Kevin O’Leary Was Sued For Fraud And Then Cleared Of It
Kevin O’Leary was sued for fraud, along with Kevin Harrington, who used to appear on Shark Tank, according to Page Six. The publication reported that a group of people sued them because of “fictional executives, false promises of financial success and even illusions of being on the show ‘Shark Tank’ itself.”
Page Six reported that in February 2022, a judge in Los Angeles ruled that O’Leary should be cleared of the charges, and the lawsuit didn’t go any further.
7 Mark Cuban Was Sued Because Of Crypto
Mark Cuban is the owner of the Dallas Mavericks. And he was involved in a class-action lawsuit in the summer of 2022. According to Tech Crunch, people sued Cuban and the basketball team because they supported Voyager Digital, a crypto currency company. The lawsuit was because over 3.5 million people gave money to the company and didn’t get it back.
According to Business Insider, Mark Cuban was supposed to appear in court in February 2023. The publication said the scandal has been referred to as a “Ponzi scheme.”
6 Barbara Corcoran’s Bookkeeper Paid $388,700 To A Total Stranger
According to CNN.com, Barbara Corcoran’s bookkeeper accidentally paid a stranger $388,700 and they turned out to be a scammer. She said that a stranger pretended to be her assistant and asked for money to renovate a property.
It turned out that this was totally fake. Corcoran tweeted about this unfortunate situation and wrote, “Lesson learned: Be careful when you wire money!” While it’s true that everyone makes mistakes, it must not have been fun to be out so much money. And it must have been tough to have everyone read about what happened.
5 Chris Sacca Was Involved In A Scandal
According to a Business Insider article from 2017, Susan Wu said that Chris Sacca, a former Shark Tank judge, put his hand on her face in 2009 when they were at an event. She said that she didn’t consent to this. Sacca said he “personally contributed” and the technology industry is “inhospitable for women.”
Sacca once invested in Twitter and worked in the industry for a long time, and this was terrible to hear about.
4 Many People Disagreed With Kevin O’Leary’s Tweet About “Success”
According to Inc.com, Kevin O’Leary received some negative attention when he tweeted about how he believes that the only important thing in life is having “success.” O’Leary said, “You may lose your wife, you may lose your dog, your mother may hate you. None of those things matter. What matters is that you achieve success and become free. Then you can do whatever you like.”
People didn’t love this attitude or agree with him. Inc.com reported that many people replied to O’Leary comments and shared that they had a different opinion.
3 Kevin O’Leary Angered Fans With One Shark Tank Moment
In every episode of Shark Tank, the judges consider whether to invest in new business ideas. In one episode, Kevin O’Leary considered supporting Sweetkiwi. He said he would give Ehime Eigbe and Michael Akindele money. And then he said no, he wouldn’t because they asked if they could see if another judge was interested.
According to Sportskeeda.com, some viewers were upset about this. They began tweeting about how he made a mistake and was being harsh. And some of them said that he’s not Mr. Wonderful, which is the nickname that he has given himself.
While going on TV can be helpful for anyone with a business to talk about, sometimes someone puts their foot in their mouth. Barbara Corcoran was on The View in 2021 and said something that she thought was humorous about Whoopi Goldberg’s weight. Of course, this was a terrible thing to say.
According to Us Weekly, Corcoran tweeted about this later and said, “I just came back from The View and saw my old friend Whoopi. As you well know, she has a phenomenal sense of humor, and I’ve known Whoopi for years. I made a joke at Whoopi’s expense, which I now realize wasn’t funny. For anyone who I may have offended unintentionally, I just wanted to say I really am very sorry.”
Kevin O’Leary is constantly in the news. And as he’s interviewed on a regular basis about his approach to business, he sometimes upsets people with his harsh and blunt words.
According to Golocalprov.com, he told CNN in 2023, “I don’t put companies here in New York anymore, or in Massachusetts, or in New Jersey, or in California. Those states are uninvestable. The policies here are insane. The taxes are too high. We put them in Fargo, North Dakota because 40 percent of the people work elsewhere, including Boston.” Chances are that people living in the states that the mentioned didn’t love hearing that.
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