David Chilton (businessman)
| David Chilton | |
|---|---|
| Born |
27 October 1961 Sarnia, Ontario |
| Occupation | Businessperson |
| Net worth | CAD $20 million (2014) |
David Chilton (born October 27, 1961) is a Canadian author, investor, and television personality from Waterloo, Ontario. Today, he resides in Kitchener, where he runs his own financial planning business and publishing company. He is also a former dragon on the show Dragons Den.
Chilton enrolled in Wilfrid Laurier University, but postponed his education in order to pursue prospective business ventures. He returned to Wilfrid Laurier University in 1995 to complete his BA in Economics. Chilton currently resides outside of Waterloo, Ontario. He is a divorced father to a son and a daughter.
Chilton began his career by self-publishing his book The Wealthy Barber in 1989.The Wealthy Barber was written in 26 months, and specifically targeted those with little investment experience, in order to develop positive money-spending habits.The Wealthy Barber investigates the lives of three young individuals who regularly visit a local barber for financial advice.The Wealthy Barber is one of the best selling Canadian books of all time, selling over two million copies since its release. Chilton also collaborated with authors Greta and Janet Podleski as publisher to many best selling cookbooks, including Looneyspoons, Crazy Plates and Eat, and Shrink & Be Merry!.
Chilton left his role in the publishing industry in 2007, primarily due to the guilt of not contributing to the development of the industry, while taking a third of all profits. In 2011, Chilton released a sequel to The Wealthy Barber in response to the 2008 financial crisis, titled The Wealthy Barber Returns. The novel eliminates the use of narrative, instead opting for his own advice to provide guidance to readers, and help them recover financially. Chilton has stated that it is unlikely he will publish another financial guide book, as the writing process proved to be too strenuous due to his business and personal commitments. Since joining the cast of Dragons' Den, Chilton has substantially increased his investment and business presence, though claiming to have only spent a small percentage of his net worth. One of Chilton's recent investments is the purchase of a 25% share in the card company Hand and Beak, that partnered with greeting card publisher Hallmark, in order to market and distribute the product to consumers.
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