The Mystery of Bruce Croxon’s Net Worth: Uncovering the Secrets Behind His Wealth
Bruce Croxon is a successful Canadian entrepreneur, investor, and television personality. He is widely known for being one of the co-founders of Lavalife- an online dating website. Croxon’s success has made his net worth one of the hot topics of discussion, but there is a mystery surrounding it. In this blog post, we will explore different aspects of Bruce Croxon’s net worth and uncover the secrets behind his wealth.
Who is Bruce Croxon?
Bruce Croxon is a Canadian businessman and television personality born on January 1, 1969, in Toronto. He attended the University of Western Ontario, where he pursued a degree in administrative and commercial studies. He is the co-founder of Lavalife, a dating website that was launched in 1987. Apart from his entrepreneurial success, Croxon is also famous for being one of the panellists on the popular Canadian TV show, “Dragon’s Den.”
How rich is Bruce Croxon?
The exact net worth of Bruce Croxon is unknown. There is a mystery surrounding his wealth. However, based on his various businesses and investments, it is estimated that his net worth is around $20 million. Croxon invested heavily in startups, and his entrepreneurial ventures have always been successful.
The success of Lavalife
Lavalife, the dating website co-founded by Croxon, was launched in 1987 and became hugely successful. The site was designed to allow people to connect with others who shared their interests. By the year 2000, the online dating giant had become one of the most popular dating sites in Canada. The company was sold to a US-based company for $152 million in 2004, earning a substantial profit for its founders and investors.
Investments in startups
Croxon believes in investing in startups. He co-founded Round 13 Capital in 2012, and the firm has since invested in several successful startups, including Hootsuite, Wattpad, and Frank & Oak. Hootsuite is a social media management platform used by over 18 million people worldwide. Wattpad is a platform for writers to share their stories and is now used by more than 90 million readers worldwide. Frank & Oak is an eCommerce store for menswear.
Other businesses
Apart from startups, Croxon has also invested in other businesses. He co-founded the venture capital firm, INFORAISE Technologies, in 1993, which was later sold to KPMG. He also founded another dating website, SITELIFE, which was later sold to NCR for $20 million. Moreover, Croxon is also a managing partner and co-founder of the leadership development and team building company, Round14.
Television appearances
Croxon is a popular television personality, thanks to his appearances on CBC’s reality show, “Dragon’s Den.” He joined the show as a dragon in its sixth season and continued until season 8, and returned in season 10. Croxon’s experience as a successful entrepreneur and investor made him a valuable member of the panel. He also hosted the BNN show, “The Disruptors.”
Charitable works
Croxon is involved in several charity works, including being on the advisory board of Give A Mile, a charity that donates flights to palliative care patients and their loved ones. He is also the Founder and Chairman of the Board of Directors of the Digital Media Zone at Ryerson University.
Conclusion
The mystery surrounding Bruce Croxon’s net worth might persist, but his success story is a testament to his entrepreneurial skills and ambition. The dating website giant Lavalife and other successful startups and businesses founded by Croxon like Round 13 Capital and SITELIFE have made him a wealthy person. Moreover, his philanthropic works are an indication of his generosity towards society.
FAQs
1) How did Bruce Croxon make his money?
Bruce Croxon made his money by co-founding Lavalife, a dating website that was hugely successful. He has also invested in several startups, other businesses, and participated in television appearances.
2) What is Bruce Croxon’s net worth?
The exact net worth of Bruce Croxon is unknown, but it is estimated to be around $20 million.
3) Which companies did Bruce Croxon invest in with Round 13 Capital?
Bruce Croxon invested in several successful startups, including Hootsuite, Wattpad, and Frank & Oak, with Round 13 Capital.
4) What is Give A Mile?
Give A Mile is a charity that donates flights to palliative care patients and their loved ones.
5) Which TV shows has Bruce Croxon appeared in?
Bruce Croxon is a popular television personality who has appeared in TV shows like CBC’s reality show, “Dragon’s Den,” and hosted the BNN show, “The Disruptors.”