Matt Higgins Biography
Matt Higgins is a prominent entrepreneur and investor known for his impactful contributions to business and philanthropy. Born and raised in Queens, New York, Matt faced humble beginnings that shaped his determination to succeed. Growing up, he was driven by a desire to help his family and make a mark in the world.
At a young age, Matt dropped out of high school to support his ailing mother. Despite the challenges, he earned his GED and later attended Fordham University, where he studied political science. His early experiences instilled in him a relentless work ethic and a passion for overcoming obstacles.
Matt’s career began in journalism, but he soon transitioned into law and public service. He served as the press secretary for Mayor Rudy Giuliani during the aftermath of the September 11 attacks. This role highlighted his ability to handle high-pressure situations with composure and effectiveness.
After his time in public service, Matt co-founded RSE Ventures in 2012 with Stephen M. Ross, the owner of the Miami Dolphins. RSE Ventures is a private investment firm focusing on sports, media, technology, and entertainment. Under his leadership, the firm has nurtured several successful startups and ventures.
Matt Higgins is also known for his role as Vice Chairman of the Miami Dolphins. He played a significant role in the team’s business operations and strategic initiatives. His expertise extends across various industries, showcasing his versatility as a business leader.
Beyond his professional achievements, Matt is deeply committed to education and mentoring. He has served as an executive fellow at Harvard Business School, sharing his insights and experiences with aspiring entrepreneurs. His journey from challenging beginnings to prominent investor inspires many who aim to achieve success through perseverance.
Matt continues to be a dynamic figure in business, combining strategic vision with a hands-on approach. His story exemplifies how determination and resilience can lead to extraordinary accomplishments, regardless of one’s starting point.
Matt Higgins Net Worth
Matt Higgins has amassed significant wealth through his various business ventures and investments. As of 2023, his estimated net worth is around $150 million. This fortune is the result of his strategic investments and leadership roles in multiple successful companies.
His co-founding of RSE Ventures has been a substantial contributor to his wealth. The firm’s portfolio includes companies in diverse sectors such as sports, food, technology, and media. Investments in well-known brands like Momofuku and Magnolia Bakery have proven lucrative.
Additionally, his position with the Miami Dolphins has provided both financial benefits and opportunities to expand his influence in the sports industry. His involvement in team operations and development projects has added to his financial success.
Matt’s appearances on “Shark Tank” have also elevated his profile, leading to new investment opportunities. His deals on the show have the potential to yield high returns, further enhancing his net worth.
Beyond direct investments, Matt engages in advisory roles and public speaking, contributing to his income. His expertise is sought after by startups and established businesses alike, valuing his strategic insights.
While accumulating wealth, Matt remains committed to philanthropic efforts, balancing his financial pursuits with a dedication to giving back. His net worth reflects not just financial acumen but also a commitment to creating value in multiple facets of his career.
Journey to Shark Tank
Matt Higgins’s path to becoming a guest Shark on “Shark Tank” is a testament to his business acumen and reputation. His extensive experience in investing and nurturing startups made him a natural fit for the show.
His relationship with entrepreneurs and understanding of what it takes to build successful companies caught the attention of the show’s producers. In Season 10, Matt made his debut as a guest Shark, bringing a fresh perspective to the tank.
On the show, Matt leverages his background in sports, technology, and consumer goods to evaluate pitches. He is known for his keen insight into market trends and ability to spot potential in early-stage companies.
One of his most memorable moments on “Shark Tank” was investing in the Cup Board Pro. The product was presented by the children of a late firefighter, and Matt joined other Sharks in supporting the business. This deal showcased his willingness to invest not just in products but in people and their stories.
Matt’s approach on the show is collaborative and supportive. He often offers valuable advice to entrepreneurs, even if he chooses not to invest. His presence adds depth to the panel, benefiting both viewers and participants.
His journey to “Shark Tank” reflects his commitment to fostering innovation and helping others succeed. By sharing his expertise on national television, Matt continues to influence the entrepreneurial landscape positively.
Some Facts About Matt Higgins
- Early Start: Matt left high school at 16 to support his mother, showcasing his dedication to family.
- Education Advocate: Despite dropping out, he emphasizes the importance of education and obtained degrees later in life.
- Harvard Connection: Serves as an executive fellow at Harvard Business School, teaching and mentoring students.
- Philanthropy: Actively involved in charitable causes, particularly those related to education and first responders.
- Media Background: Started his career in journalism before moving into law and business.
- 9/11 Role: As press secretary to Mayor Giuliani, he managed communications during the crisis.
- Love for Sports: His role with the Miami Dolphins reflects his passion for sports management and business.
- Author: Matt is working on a book to share his experiences and insights with a broader audience.
- Family Man: Values his family life and often speaks about balancing professional and personal commitments.
- Mentorship: Dedicated to guiding the next generation of entrepreneurs through speaking engagements and programs.
List of Shark Tank Companies Invested by Matt Higgins
During his time on “Shark Tank,” Matt Higgins has invested in several innovative companies. His investments reflect his preference for businesses with strong stories and potential for growth.
Cup Board Pro: One of his most notable investments is in the Cup Board Pro. Created by the children of a fallen firefighter, the cutting board with an attached cup simplifies kitchen prep and cleanup. Matt, alongside other Sharks, invested in the product, and profits were pledged to charities supporting firefighters affected by 9/11 illnesses.
Wake N Bacon: Although not as widely publicized, Matt showed interest in unique food-related products. His background with culinary ventures through RSE Ventures makes him inclined towards such investments.
For a complete list of companies, viewers can refer to specific episodes from Seasons 10 and 11. Matt’s investments often focus on founders who demonstrate passion and resilience, qualities he values highly.
His participation on the show goes beyond providing capital; he offers mentorship and access to his extensive network. Entrepreneurs benefit from his expertise in scaling businesses and navigating complex markets.
By investing in these companies, Matt continues to make a significant impact on emerging businesses. His contributions help entrepreneurs turn their visions into reality, aligning with his commitment to fostering innovation.
