Michele Romanow Net Worth
Successful entrepreneur and investor Michele Romanow founded several companies. One of them was bought by Groupon for millions. She’s one of new “dragon investors” in the reality television show Dragon’s Den where she evaluates new business ideas and decides whether to invest into them or not. As of 2015, Romanow’s net worth is estimated to be over $150 million.
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Her first two companies were a sustainable coffee shop named Tea Room and an upscale company Evandale Caviar. Later, Michele turned her focus on IT companies. This proved to be a great decision. She still runs her most famous company Buytopia that has over 50 full-time employees and generates about $10 millions of profit annually. Over 2.5 million subscribers are using Buytopia services.
Romanow’s other IT project, SnapSaves, was acquired by Groupon in 2014. This undisclosed deal skyrocketed her net worth. It allows it’s users to cash back on their groceries by taking a photo of the receipt. Groupon renamed the service to Snap.
She holds a college degree in Engineering from the Queen’s University in Kingston. In 2015, Romanow joint the panel of investors on Canadian series Dragon’s Den. As one of the newbies in the tenth season, it was really interesting to watch her making investing decision.