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close video Daymond John’s ‘Little Daymond Learns to Earn’ teaches kids financial intelligence

The Shark Group CEO Daymond John discusses the SVB collapse and the launch of his new children’s book on ‘The Claman Countdown.’

After finding self-made success at a young age with his clothing and lifestyle brand, then building influence as an entrepreneur and mentor, "Shark Tank" investor and FUBU founder Daymond John decided he wants to leave behind a learn-to-earn "legacy" for America’s future leaders.

In order to do that, John said on "The Claman Countdown" Tuesday he’s embarked on his "most exciting" investment yet, writing a children’s guide to financial literacy and explaining monetary concepts at their most basic levels.

"I'm about to teach children magic," John told host Liz Claman. "I'm going to teach them how to get out of their parent's house at 18 years old. I'm going to teach them how to make $1 into $3. I'm going to teach them how to make their money work for them… there's no book like this in schools at all."

Growing up, not many picture books told stories of how to start your own business or become a successful entrepreneur and innovator – but John expressed he’s trying to change that.

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"Think about it, no financial intelligence is taught to these kids, and at 18 years old, they can get $750,000 worth of debt for a career they're not even sure they want, and they won't pay that off until they're late into their fifties or even sixties, or maybe never," John explained.

“Shark Tank” investor and “Little Daymond Learns to Earn” author Daymond John said he wants to leave a financial literacy legacy on “The Claman Countdown” Tuesday, March 21, 2023. (Getty Images)

While overseeing more than $6 billion in various product sales worldwide and previously writing five best-selling books, according to his agency The Shark Group, John claimed his kids' book strays from the industrial "old system" of work and promotes creating careers for ourselves.

The "Shark Tank" star also gave a big takeaway for parents, encouraging them to contribute to their children’s future success by gifting stocks from their favorite companies or brands, as opposed to the physical or material products.

"Here’s what I would do for my grandson: he loves Tonka trucks," John pointed out. "I buy him a little Caterpillar truck, I buy him a share in Caterpillar at the same time. I then take a picture next to him with the Caterpillar truck and the share, and later on, six or seven years later, I do that with Disney and everything else… all his toys, he realized, are worth crap. His stock's over $20,000." close video Small businesses could be saved through collaboration: Daymond John

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Another investment option into your kids’ future, John suggested, is by reading the new book with them while "their minds are sponges."

He then went a step further to discuss how America got itself into monumental debt "because we are not teaching our kids."

“I’m going to teach them how to get out of their parents house at 18 years old. I’m going to teach them how to make $1 into $3. I’m going to teach them how to make their money work for them there’s no book like this in schools at all.” – Daymond John, FUBU founder and Shark Group CEO

"This is going to be my legacy because I want all of celebrities, all of the financial institutions because it's not a scam, I want them all to say, I want my kids to say: my daddy started a conversation where it became popular or the trend to create books for little children who aren't like us or tainted with what to do in life," John said.

"I want everybody who's watching this to compete with me, top me, and make sure we have all these kids of ours, our future, they start to understand how to process money," he continued.

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Tripp Phillips, who got his start on ‘Shark Tank’ at 11-years-old, gives an update on the success of his company LeGlue.

Parents can’t give their kids everything, John noted while quoting Claman’s late father, but they can help them overcome some of life’s most common challenges.

"Look at the Fords, the Carnegies and the Mellons, none of their kids own any of the Teslas and the Instagrams of the world, why? First generation makes it, second enjoys it, third destroys it," the investor said. "So if you don't have any kind of financial intelligence, I don't care who you are, if you're getting trust fund money, you're done."

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Tech executive and his family die after sightseeing helicopter crashes in New York

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Tech executive and his family die after sightseeing helicopter crashes in New York

A family of five Spanish tourists, including three children, have been killed in a helicopter crash in New York City.

A New York City Hall spokesman identified two of those killed as Agustin Escobar, a Siemens executive, and Merce Camprubi Montal – believed to be his wife, NBC News reported.

The pilot was also killed as the aircraft crashed into the Hudson River at around 3.17pm on Thursday.

New York Police commissioner Jessica Tisch said divers had recovered all those on board from the helicopter, which was upside down in the water.

“Four victims were pronounced dead on scene and two more were removed to local area hospitals, where sadly both succumbed to their injuries,” she said.

The helicopter ended up submerged and upside down. Pic: Reuters
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The helicopter was submerged upside down in the Hudson. Pic: Reuters

A crane lifted out the wreck of the helicopter on Thursday evening. Pic: AP
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A crane lifted out the wreckage on Thursday evening. Pic: AP

The Spanish president Pedro Sanchez called the news “devastating”.

“An unimaginable tragedy. I share the grief of the victims’ loved ones at this heartbreaking time,” he wrote on X.

Rotor blade ‘flew off’

The aircraft was on a tourist flight of Manhattan, run by the New York Helicopters company.

Witnesses described seeing the main rotor blade flying off moments before it dropped out the sky.

Agustin Escobar and Merce Camprubi Montal.
Pic: Facebook
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Agustin Escobar and Merce Camprubi Montal.
Pic: Facebook

Lesly Camacho, a worker at a restaurant along the river in Hoboken, said she saw the helicopter spinning uncontrollably before it slammed into the water.

“There was a bunch of smoke coming out. It was spinning pretty fast, and it landed in the water really hard,” she said.

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Witness saw ‘parts flying off’ helicopter

Another witness said “the chopper blade flew off”.

“I don’t know what happened to the tail, but it just straight up dropped,” Avi Rakesh told Sky’s US partner, NBC News.

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Video on social media showed parts of the Bell 206 helicopter tumbling through the air and landing in the river.

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New York mayor confirms six dead

First responders walk along Pier 40, Thursday, April 10, 2025, in New York, across from where a helicopter went down in the Hudson River in Jersey City, N.J. (AP Photo/Jennifer Peltz)
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The crash happened near Pier 40. Pic: AP

New York Mayor Eric Adams confirmed the six deaths and said authorities believed the tourists were from Spain.

He said the flight had taken off from a downtown heliport at around 3pm.

Debris floats in the water at the scene where the helicopter crashed into the Hudson River.
Pic: AP
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Pic: Cover Images/AP

The crash happened close to Pier 40 and the Holland tunnel, which links lower Manhattan’s Tribeca neighbourhood with Jersey City to its west.

Tracking service Flight Radar 24 published what it said was the helicopter’s route, with the aircraft appearing to be in the sky for 15 minutes before the crash.

The Federal Aviation Administration and the National Transportation Safety Board have started an investigation.

Agustin Escobar.
Pic:Europa Press/AP
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Agustin Escobar.
Pic: Europa Press/AP

Thursday’s incident comes less than three month after 67 people died when an army helicopter and American Airlines jet collided over the Potomac River in Washington DC.

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Ksenia Karelina: Ballerina arrives home in US after ‘nightmare’ of Russian penal colony

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Ksenia Karelina: Ballerina arrives home in US after 'nightmare' of Russian penal colony

A former ballerina who spent more than a year in a Russian jail for donating £40 to a charity supporting Ukraine has returned home to the US after being freed in a prisoner exchange.

Ksenia Karelina landed at Joint Base Andrews in Maryland at around 11pm, local time, on Thursday.

A smiling Ms Karelina was greeted on the runway by her fiance, the professional boxer Chris van Heerden, and given flowers by Morgan Ortagus, President Donald Trump’s deputy special envoy to the Middle East.

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Ksenia Karelina arrives Thursday, April 10, 2025, at Joint Base Andrews, Md. (AP Photo/Alex Brandon)
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Ksenia Karelina arrives at Joint Base Andrews. Pic: AP

Van Heerden said in a statement he was “overjoyed to hear that the love of my life, Ksenia Karelina, is on her way home from wrongful detention in Russia.

“She has endured a nightmare for 15 months and I cannot wait to hold her. Our dog, Boots, is also eagerly awaiting her return.”

He thanked Mr Trump and his envoys, as well as prominent public figures who had championed her case, including Dana White, a friend of Mr Trump and CEO of the Ultimate Fighting Championship (UFC).

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Ms Karelina, 34, a US-Russian citizen also identified as Ksenia Khavana, was accused of treason when she was arrested in Yekaterinburg, in southwestern Russia, while visiting family in February last year.

Investigators searched her mobile phone and found she made a $51.80 (£40) donation to Razom, a charity that provides aid to Ukraine, on the first day of Russia’s invasion in 2022.

She admitted the charge at a closed trial in the city in August last year and was later jailed for 12 years, to be served in a penal colony.

At a cabinet meeting on Thursday, Mr Trump, who wants to normalise relations with Moscow, said the Kremlin “released the young ballerina and she is now out, and that was good. So we appreciate that”.

Ksenia Karelina is hugged by her boyfriend Chris van Heerden.
Pic: Reuters
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Ksenia Karelina is hugged by her boyfriend, Chris van Heerden. Pic: Reuters

He said the release followed conversations with Russian President Vladimir Putin.

Russian security services accused her of “proactively” collecting money for a Ukrainian organisation that was supplying gear to Kyiv’s forces.

The First Department, a Russian rights group, said the charges stemmed from a $51.80 donation to a US charity aiding Ukraine.

Washington, which had called her case “absolutely ludicrous”, released Arthur Petrov, who it was holding on charges of smuggling sensitive microelectronics to Russia, in the prisoner swap in Abu Dhabi.

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Karelina was among a growing number of Americans arrested in Russia in recent years as tensions between Moscow and Washington spiked over the war in Ukraine.

Her release is the latest in a series of high-profile prisoner exchanges Russia and the US carried out in the last three years – and the second since Mr Trump took office.

White House national security adviser Mike Waltz said members of the Trump administration “continue to work around the clock to ensure Americans detained abroad are returned home to their families”.

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‘Gringo hunter’ shot dead by US fugitive in Mexico

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'Gringo hunter' shot dead by US fugitive in Mexico

An elite Mexican police officer from its so-called “Gringo Hunters” unit has been shot dead by a fugitive they were trying to arrest.

The dedicated team of elite officers follows and detains US criminals and suspects who are hiding in Mexico.

It had been trying to pin down a man in the northern Mexican border city of Tijuana, authorities said, when the man opened fire.

The head of the regional unit in Baja California state, 33-year-old Abigail Esparza Reyes, was hit in the shoot out.

Reyes, who had led the regional team for eight years and carried out more than 400 operations on US fugitives in Mexico, died from the injury.

Members of security forces work near a crime scene where a U.S. citizen shot and killed Abigail Esparza Reyes.
Pic: Reuters
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Pic: Reuters

Members of security forces work near a crime scene where a U.S. citizen shot and killed Abigail Esparza Reyes.
Pic: Reuters
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Pic: Reuters

According to local media reports, the target of the Gringo Hunters was Cesar Hernandez, a convicted murderer who escaped from a California courthouse in December.

Upon arriving for a court appearance, Hernandez managed to jump out of the van and run away, the California Department of Corrections and Rehabilitation confirmed at the time.

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He was serving an 80-year life sentence but could have become eligible for parole.

Following the shoot out in Mexico on Wednesday, Hernandez again managed to getaway, this time in disguise as a worker, local media reported.

Members of security forces work near a crime scene where a U.S. citizen shot and killed Abigail Esparza Reyes.
Pic: Reuters
Image:
Pic: Reuters

For decades, suspects on the run in the US have crossed the border into Mexico.

In 2002 the Latin American country set up in cooperation with US law enforcement a dedicated squad to track down fugitives who cross the border.

The highly trained team has gained prominence in recent years and will be the subject of a new crime drama TV series expected on Netflix later this year.

Baja California state governor Marina del Pilar paid tribute to the killed police officer on social media.

“Abigail’s life will be honoured, and her death will not go unpunished,” she said.

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