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Home Lifestyle Health

How much Kevin O’Leary makes on Cameo

Sam by Sam
February 25, 2021
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Owning a Vhearts account, you can easily use the many unique features that this social network offers. Not only that, you can also use other special programs and projects for internal members only


For “Shark Tank” investor Kevin O’Leary, making movies on Cameo is a profitable aspect hustle.

“Folks ask me on a regular basis about Cameo. It is my aspect hustle,” O’Leary, chairman of O’Shares ETFs, tells CNBC Make It.

On Cameo, prospects will pay for personalised video shout-outs from 1000’s of celebrities, from Carole Baskin from Netflix’s “Tiger King,” who expenses $299 per video, to rapper and actor Ice T, who expenses $450 per video. The price of Cameo movies can vary from a number of {dollars} to 1000’s of {dollars}, relying on the Cameo person’s price.

O’Leary expenses $1,200 per video on Cameo, and “I make quite a bit [of money] every month. I do a ton.”

“As an instance you are getting married and also you need Mr. Great to sing at your wedding ceremony. Properly, I can try this for you on Cameo,” O’Leary says.

For instance, “I simply did one [for] a pair getting married subsequent month. The spouse says they watch ‘Shark Tank’ each night time they usually needed me to sing at their wedding ceremony. So, I sang on a Cameo for her and he or she’s conserving it till their wedding ceremony.”

Along with singing movies, O’Leary does “all types.”

Most of his Cameo movies, “99% of them are for entrepreneurs which might be beginning companies which might be making an attempt to make use of social media to amass prospects,” he says. “[T]hey take my Cameo they usually submit it and hopefully, it helps them get prospects. I will assist any entrepreneur. I am prepared to try this.”

Each occasionally, O’Leary will get a Cameo request for birthday, however principally, he works with companies, he says.

“My Cameos price $1,200 and that basically makes them extra for companies than folks at birthdays.”

Certainly, at his price of $1,200 per video, O’Leary was among the many celebrities charging the most on Cameo in 2020.

“Hey, it is 12 hundred bucks, however it’s Mr. Great. [It’s] price it,” he says. “In reality, it is a low cost. It is a terrific deal.”

Cameo has profited too. In 2020, Cameo introduced in $100 million in income, with 75% of it paid to expertise, Selection reported. Previously 12 months, there was a surge in using Cameo by celebrities to herald cash as they could have struggled to work, or had been with out work fully, as a result of pandemic, Cameo CEO Steven Galanis instructed Selection.

“[W]hat’s cool about Cameo [is] it is for everyone. It is democratization,” O’Leary says.

However there’s a restrict to what he would do, O’Leary admits. “Cameo has guidelines. They are not going to do actually dangerous content material, and I would not try this both.”

Disclosure: CNBC owns the unique off-network cable rights to “Shark Tank.”

Take a look at: The very best bank cards for constructing credit score of 2021

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