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Ampan Net Worth 2024 Update (Before & After Shark Tank)

Ampan, a  product made from agricultural waste for building construction, was started by Grant Burns & John Gorman in 1994. As of January 2024, Ampan net worth is $1.5 million and they’re pulling in a whopping $1 million in annual revenue. 

In 2015, they appeared on season 1 of Shark Tank Australia seeking $500,000 for 20% of equity valuing the company at $2.5 million. But the Sharks were not interested in investing in Ampan. The founders’ valuation for Ampan likely exceeded the sharks’ assessment of its current market potential and future trajectory. This discrepancy in valuation hindered any potential deals.

Ampan is still in business as of 2023. Their website remains active, showcasing their recycled building products. Company registration information in Australia lists Ampan Pty Ltd as an active entity as of 2023

Ampan Net Worth

Net worth$1.5 million (2023)
Annual Sales Revenue$1 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderGrant Burns & John Gorman
EmployeesNot publicly available

Ampan Net Worth Timeline

Net Worth 2024$1.5 million
Net Worth 2022$1.5 million
Net worth valuation 2015 after appearing on Shark Tank  N/E
Net worth valuation 2015 before appearing on Shark Tank  $2.5 million

Ampan Pitch on Shark Tank

ProductA product made from agricultural waste for building construction
EpisodeSeason 01 Episode 11
Founders Grant Burns & John Gorman
Asked for$500,000 for 20% equity
Company nameAmpan
Final dealNone
Shark None
LocationNew South Wales, Australia

Don’t miss these product from Season 1

Ampan Founders

Ampan was founded by Grant Burns & John Gorman in 1994. Ampan’s founders, Grant Burns & John Gorman, have a net worth of $1.5 million as of 2024.

Key accomplishments

YearAccomplishment
2015Appeared on Shark Tank season 01

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 Ampan and its continued success.

What do you think?

Written by GAG Team

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