Scott Jordan is a well-known entrepreneur, lawyer, and author, best recognized as the founder of SCOTTeVEST, a company that makes tech-friendly clothing. His journey from a corporate lawyer to a business leader is inspiring, and many people are curious about his financial success.
In this article, we will explore Scott Jordan’s net worth, income sources, career highlights, personal life, and achievements. By the end of this detailed guide, you will understand how he built his fortune and what makes his story unique.
Scott Jordan Net Worth in 2024
As of 2024, Scott Jordan’s net worth is estimated to be over $25 million. His wealth comes from multiple income streams, including his business, book sales, investments, and television appearances.
How Scott Jordan Makes Money
Scott Jordan has built his wealth through different sources. Let’s take a closer look at his major income streams:
- SCOTTeVEST Business Earnings
- The company’s direct-to-consumer sales generate the majority of its revenue.
- Wholesale partnerships and licensing deals add to the company’s profits.
- The company’s direct-to-consumer sales generate the majority of its revenue.
- Book Sales and Royalties
- His book “Pocket Man” has been a steady source of income.
- The book has sold thousands of copies, generating an estimated $50,000 per year in royalties.
- His book “Pocket Man” has been a steady source of income.
- Investments in Tech Startups and Real Estate
- Jordan has invested in promising tech startups.
- He owns real estate properties, further increasing his wealth.
- Jordan has invested in promising tech startups.
- Consulting and Public Speaking
- He shares his expertise in fashion and technology.
- His consulting services bring in additional income.
- He shares his expertise in fashion and technology.
Scott Jordan’s Early Life and Education
Scott Jordan was born on June 6, 1969, in the United States. From a young age, he showed a strong interest in business and technology.
Educational Background
- Ohio State University: Bachelor’s Degree in Accounting.
- DePaul University College of Law: Juris Doctor (J.D.).
His education in law and accounting helped him build a strong foundation for his business career.
The Story Behind SCOTTeVEST
How SCOTTeVEST Started
Scott Jordan founded SCOTTeVEST in 2000 with his wife, Laura Jordan. The idea came from his frustration with carrying multiple gadgets while traveling. He wanted a stylish and functional solution, so he created clothing with hidden pockets for tech devices.
Challenges and Growth
Starting SCOTTeVEST was not easy. Jordan faced:
- Financial struggles in the early years.
- Competition from established clothing brands.
- Marketing challenges before the rise of online shopping.
However, he used smart advertising strategies and direct-to-consumer sales to grow the business. Today, SCOTTeVEST is a multi-million dollar company with customers worldwide.
Scott Jordan’s Appearance on Shark Tank
In 2012, Scott Jordan appeared on Shark Tank to pitch SCOTTeVEST. His presentation was one of the most debated episodes in the show’s history.
What Happened on the Show?
- Jordan asked for $500,000 in exchange for 15% equity in a new licensing business.
- The investors were not interested, leading to a heated discussion.
- He walked away without a deal but gained massive exposure.
Impact on SCOTTeVEST
Despite not getting an investment, his appearance boosted his brand’s recognition. Sales skyrocketed after the episode aired, helping him grow the company even more.
Scott Jordan’s Personal Life
Scott Jordan is married to Laura Jordan, and they have two children. His family has played a big role in his success, supporting him throughout his entrepreneurial journey.
Interesting Facts About Scott Jordan
- He was once a corporate lawyer before becoming an entrepreneur.
- He enjoys skiing and outdoor activities.
- His book, Pocket Man, shares his life lessons in business.
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Scott Jordan’s Wealth Compared to Other Entrepreneurs
Scott Jordan’s $25 million net worth places him among the successful entrepreneurs in the fashion-tech industry. Here’s how he compares to others:
Name | Net Worth | Industry |
Scott Jordan | $25 million | Fashion-Tech |
Peter McNeeley | $10 million | Sports |
Scott Rosenberg | $12 million | Entertainment |
Even though he is not as rich as billionaires, he has created a stable and profitable business.
What’s Next for Scott Jordan?
Scott Jordan continues to work on new projects, including:
- Expanding SCOTTeVEST with new designs.
- Investing in more tech startups.
- Writing another book on business and innovation.
His ability to adapt and innovate ensures his future success.
Conclusion
Scott Jordan’s journey from a lawyer to a multi-millionaire entrepreneur is inspiring. His ability to identify market needs, take risks, and innovate has made SCOTTeVEST a successful brand.
With an estimated net worth of over $25 million, Jordan continues to grow his business and expand his influence. His story proves that hard work, creativity, and smart decision-making can lead to lasting success.
FAQs
1. Who is Scott Jordan?
Scott Jordan is an entrepreneur, lawyer, and author, best known for founding SCOTTeVEST.
2. What is Scott Jordan’s net worth?
As of 2024, Scott Jordan’s net worth is estimated to be over $25 million.
3. How does Scott Jordan make money?
He earns money from SCOTTeVEST, book sales, investments, consulting, and speaking engagements.
4. Is Scott Jordan married?
Yes, he is married to Laura Jordan, and they have two children.
5. What is Scott Jordan’s height and weight?
- Height: 5 feet 10 inches (177 cm).
- Weight: 81 kg (180 lbs).
6. Did Scott Jordan get a deal on Shark Tank?
No, he did not receive an investment on Shark Tank, but the exposure helped boost his business.