54 Thrones Net Worth 2023 Update (Before & After Shark Tank)
54 Thrones is an authentic African ingredients-based skin care products line. This was started by Christina Tegbe in 2016. As of December 2023, 54 Thrones’s net worth is $3.25 million and they’re pulling in a whopping $1.3 million in annual revenue.
In October 2021, they appeared on season 13 of Shark Tank USA and made a deal with Nirav Tolia and Kevin O’Leary for $250,000 for 17.5% of equity. The final valuation was $1.42 million, down from the founder’s initial estimate of $2.5 million.
Christina’s business venture, 54 Thrones, experienced notable growth after the pitch on the Shark Tank. As of December 2023, 54 Thrones keeps growing in the market, elevating its sales. The products are available on the company website and Amazon. Moreover, you can purchase 54 Thrones products from major cosmetic stores, including Sephora and Credo Beauty.
54 Thrones Net Worth
Net worth | $3.25 million (2023) |
Annual Sales Revenue | $1.3 million (2023) |
Profits | – |
Lifetime sales | – |
Investors | Nirav Tolia and Kevin O’Leary |
Founder | Christina Tegbe |
Employees | 2-10 |
54 Thrones Net Worth Timeline
Net Worth 2023 | $3.25 million |
Net Worth 2022 | $2 million |
Net Worth 2021 | $1 million |
Net worth valuation in 2021 after appearing on Shark Tank | $1.42 million |
Net worth valuation in 2021 before appearing on Shark Tank | $2.5 million |
54 Thrones Pitch on Shark Tank
Company name | 54 Thrones |
Product | An authentic African ingredients-based skin care products line |
Episode | Season 13 Episode 04 |
Founder | Christina Tegbe |
Asked for | $250,000 for 10% equity |
Final deal | $250,000 for 17.5% equity |
Sharks | Nirav Tolia and Kevin O’Leary |
Location | Houston, Texas |
Don’t miss these products from Season 13
54 Thrones Founder
Christina Tegbe founded 54 Thrones in 2016. Although Christina was born and raised in the United States, She always praised and protected her African heritage. 54 Thrones is a result of it. Christina has a professional background in the Business Sector. However, before starting 54 Thrones, she explored multiple other job roles. 54 Thrones’s founder, Christina Tegbe has a net worth of 3.25 million as of 2023.
Key accomplishments
Year | Accomplishment |
2020 | 54 Thrones received Oprah Magazine O-Ward 2020 for the Best Face Oil Product. |
2021 | 54 Thrones got featured in Shark Tank and secured a deal. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for 54 Thrones and its continued success.