Catriona Wallace is an Australian businesswoman and former police officer. She is an authority on the metaverse, artificial intelligence, and the ethical application of technology.
In addition to founding the Responsible Metaverse Alliance in 2022 to address potential legal and safety issues in the metaverse, such as sexual harassment, Wallace also created Flamingo AI in 2013.
In March 2023, Wallace was introduced as one of the new “sharks” on Network 10’s Shark Tank. After entering the New South Wales Police Force at age 19, she served as a police officer in Kings Cross and The Rocks during the 1980s.
In 2007, Wallace departed the police force after four years of service to receive an undergraduate degree, a master’s degree, and a doctorate in sociology from the University of New South Wales.
Her thesis focused on the role that technology plays in the relationships between customers and enterprises.
Stay with us until the end to learn more about Catriona Wallace’s net worth and career accomplishments on Shark Tank.
Catriona Wallace’s Net Worth
According to the website People AI, Catriona Wallace has an estimated net worth of $8.34 million.
Catriona is an imposing adversary. She established Flamingo AI, one of the first AI companies to be listed on the ASX, and is an expert in artificial intelligence and the metaverse.
She was a former officer of the law. It is the second business led by a woman to achieve this distinction.
Catriona, as a shark emphasizing diversity, searches out initiatives with a global scope, a commitment to ethics and the environment, and a management team with financial acumen.
In the discipline of artificial intelligence, Dr. Catriona Wallace is an expert. Wallace established Flamingo AI in 2014.
In 2016, only two companies led by women were listed on the Australian Stock Exchange. The company developed chatbots for Credit Union Australia, Chubb Limited, and AMP Limited, among others.
Before the sale of the company’s assets to private investors in 2020, Wallace served as its CEO until February 2019.
Catriona Wallace’s Net Worth And Accomplishments
Wallace was the catalyst behind The Venture. According to reports, this was Australia’s first co-working space designed specifically for female-led startups with less than $1 million in annual revenue and less than three years of operation.
A woman was required to be the founder, co-founder, or chief executive officer of enterprises participating in The Venture.
Wallace won first place at the 2018 Australian Financial Review Women of Influence Awards in the business and entrepreneur category.
Checkmate Humanity: The How and Why of Responsible AI was published in 2022 and co-authored by Wallace.
Wallace is the executive director of the Gradient Institute, the director of the Garvan Institute of Medical Research, an adjunct professor at the Australian Graduate School of Management at the University of New South Wales, the chair of Boab AI, the co-chair of The B Team, and a board member of Reset Australia.
She frequently engages in discussions about artificial intelligence. In March 2023, four new Australian “sharks” were announced for a new season of Shark Tank. Wallace was one of them.
Wallace will join Jane Lu, Sabri Suby, and Davie Fogarty to replace Janine Allis, Andrew Banks, Steve Baxter, and Naomi Simson when the show returns later in 2023.
Robert Herjavec, an American “shark” investor, will also attend the podcast.
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