Robert Herjavec's "Last Million" Advice? Total BS. Here's Why.
So, Robert Herjavec, Mr. "I'm-Just-a-Regular-Guy-Who-Happens-to-Be-Worth-$300-Million," is telling us where he'd stash his last million bucks? Real estate, naturally. Give me a break.
The "Desperation" Dodge
He tells Grant Cardone it's all about avoiding "desperate people doing stupid sh-t." Oh, so the rest of us schlubs trying to scrape together a down payment are just desperate and stupid? Thanks, Robert. Real comforting.
Let's be real: a million bucks ain't exactly "last resort" territory for this guy. His net worth? Last I checked, [robert herjavec net worth] is floating somewhere between $300 and $600 million. We're talking about the dude who's married to [kym johnson robert herjavec], who was on [robert herjavec dancing with the stars], or [robert herjavec dwts]. Yeah, he's hurting.
He says he'd "build a foundation" with that million. A foundation of what? Another luxury condo on Billionaires' Row? A sprawling lakefront property? I’m sure his [robert herjavec wife] loves that. Because that’s exactly what he did. The guy owns property all over the world.
Real Estate: Not the Savior You Think
And this "real estate always goes up" narrative? Please. What about 2008? What about the fact that first-time homebuyers are getting squeezed harder than ever? The National Association of Realtors says they're half the share they were in 2007. Half! Thanks to clowns like him buying up all the property.
Policymakers are "trying" to fix it? Yeah, right. They're probably too busy taking campaign donations from developers.
Investing in property has always been the smartest move? Says who? The guy who already owns half of Toronto?
Offcourse, he’s not wrong that real estate can be good long term. But only if you can afford it. What about the people who can’t?
The "I'm Just a Regular Guy" Act
The article bends over backwards to paint him as "grounded" and "genuine." He didn't dream of wealth; he just wanted to help his family. Okay, that's a nice story, but let’s not pretend he's just some salt-of-the-earth dude anymore.
He’s on frickin' Shark Tank. He's swimming in cash.
Honestly, it's insulting. He’s out there flashing his real estate portfolio like it’s some kind of public service announcement. "Hey, look at me, I'm rich, and you can be too if you just had a million dollars to start with!"
He even admits to losing money on a breathalyzer company. So he’s not perfect. But that just makes him more relatable, right? Wrong.
I'm not saying real estate is a bad investment, necessarily. It's just... out of touch. Like telling someone drowning that the key to swimming is to just relax and breathe.
So, What's the Point?
Herjavec's advice isn't just tone-deaf; it's actively harmful. It perpetuates the myth that wealth is just a matter of making the right choices, ignoring the systemic barriers that keep most people from even getting close to a million dollars.
It ain't about hard work, it's about already having the damn capital. He's basically saying, "Be rich, it's easy!"
And honestly… maybe I’m just jealous.
