The following is a breakdown of Canadian entrepreneur Manjit Minhas net worth and primary income sources.
Manjit Minhas is a Canadian entrepreneur. She is the co-founder of Minhas Breweries and Minhas Distillery, which includes sub-brands Minhas Brewery, Minhas Craft Brewery, Minhas Micro Brewery, Minhas Winery, Minhas kitchen, and much more.
Along with being the CEO of her company, due to her work with Minhas Craft Brewery, Minhas’s media presence grew substantially. Consequently, she also has a thriving media and keynotes speaker career.
Hence, by running a successful company and being a media star, Minhas has accumulated quite a net worth. Which the public is curious to know.
According to reputable online sources, Manjit Minhas net worth is around $25 million.
So how did Manjit Minhas build up a massive fortune for herself? Let’s examine this famous entrepreneur estimated net worth and income.
Table of Contents
Manjit Minhas Net Worth: $25 million
Manjit Minhas Income Sources
Manjit Minhas has made her wealth mostly from three sources throughout the years. The first and foremost source of her wealth is her CEO salary at Minhas brand.
Her current side gig as an influential keynote speaker is her second source of income, and her final source of wealth is her salary from the starring role she has on the Dragons Den Canada.
Manjit Minhas’s income sources are summarized below:
- CEO Salary From Minhas Breweries & Distillery (Income Unknown)
- Keynote Speaker Pay ($15,000-24,999 Per Keynote)
- Dragon’s Den Salary (Income Unknown)
Income Source 1: CEO Salary From Minhas Breweries
Minhas Breweries have an annual turnover of over $225 million [1]. Hence naturally, as the CEO of a global company Manjit has made most of her wealth from her CEO salary, which is estimated to be in the $1 to $2 million per year range.
Manjit or Minhas Breweries & Distillery have never publicly shared her salary; however, going by the trends of the size of the company and similar CEO’s salary, we have estimated her earnings.
Income Source 2: Keynote Speaker Pay
Minhas is an inspirational figure to all women entrepreneurs. Hence she shares her wisdom with other people through her keynotes, for which she charges from $15,000-24,999 per Keynote [2].
Income Source 3: Dragon’s Den Salary
Minhas’s candid personality reflects her no-nonsense business approach, which is why for the past 8 seasons, she has been a dragon on the Canadian reality television program Dragons’ Den. [3]
Although her exact salary per episode is unknown, her appearance on the previous 151 episodes has helped boost her net worth.
Manjit Minhas Early/Personal Life
Manjit Minhas was born on May 31, 1980, in Calgary, Alberta, Canada. She is married to her husband, Harvey Shergill and is the mother of two daughters.
Minhas is the youngest in her family, and minhas’s marketing strategies have been linked to the success of her family brand.
Career
Minhas’s family has been in the alcohol industry for generations, and minhas joined the family business in 1999. When she and her brother Ravinder began to work together.
Their first job was importing private-label beers and private-label spirits for a chain of liquor stores owned by their parents. The siblings began importing beer and importing private label spirits and did this job for 7 years.
After 7 long years of hustle, in 2006, they finally purchased Joseph Huber Brewing Company, Rhinelander beer brands, and Blumer’s soda brand. After the purchase, they renamed Minhas Craft Brewery to Minhas Craft Brewery & Distillery to showcase the additional companies they had acquired.
Following the acquisition of Mountain Crest Classic Lager, Boxer Lager, Lazy Mutt Ale, and Huber Bock were among the beer brands manufactured by the company. In 2012 they launched the minhas micro brewery line, which produces private label beers such as polo club gin.
Following establishing her company to generate $225 million per year [4]. Minahs started branching out to make herself her own marketing brand; she has ventured into marketing businesses, has become a venture capitalist, and Manjit invested in brands that have served alcohol enthusiasts.
Manjit Minhas Accomplishments
Manjit Minhas won various business industry awards as a growth entrepreneur [5]. Her work at mountain crest brewing company is widely considered one of the biggest success stories for women entrepreneurs in Canada.
Minhas’s tenacity has seen her win circumstances that were deemed doomed. Like her getting her beers listed on the Ontario beer market when the competition was against her.
Minhas claims competitors were responsible for trying to stop her growth, but she fought all of them and came out victorious in the end.
Manjit Minhas Controversy/Criticism
Manjit Minhas’s career got involved in controversy when in 2002, Molson Brewery sued Mountain Crest Brewing over similarities in the Minhas’ flagship product. The dispute was resolved out of court. [6]
Manjit Minhas Quotes
“Find mentors, in life or business.”
“Have the courage to succeed—don’t give up.”
“Life is always not fair.”
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Manjit Minhas Biography
Legal Name | Manjit Minhas |
Net Worth | $25 Million |
Source of Wealth | CEO Salary, Reality Show Judge Salary and Keynote Speaker. |
Date of Birth | May 31, 1980 |
Place of Birth | Calgary, Alberta, Canada |
Gender | Female |
Height | 167 cm, 5 feet 6 inches |
Weight | 60 kg, 132 lbs |
Religion | Sikhism |
Marital Status | Married |
Partner | Harvey Shergill |
Children | 2 |
Names of Children | NA |
Nationality | Canadian |
Frequently Asked Questions About Manjit Minhas
Who is Manjit Minhas dating?
Manjit Minhas dated and married her husband, Harvey Shergill.
Is Manjit Minhas married, and who is her husband?
Yes, Manjit Minhas is married to her husband Harvey Shergill, and they have two daughters.
Where does Manjit Minhas reside?
Manjit Minhas resides in Calgary, Alberta, Canada.
What are some of Manjit Minhas’s philanthropic efforts?
Minhas’s charitable contributions include The United Way, which she co-chaired in 2017, and an engineering school for girls in India.
References
[1]. CEO Salary
[2]. Keynote Speaker Pay
[3]. Dragons’ Den
[4]. Accomplishments
[5]. Awards
[6] Controversy