Bee D’Vine, a sustainably produced, barrel-aged honey wine from Sonoma Valley, was started by Ayele Solomon in 2014. As of October 2023, Bee D’Vine’s net worth is $1.5 Million and they’re pulling in a whopping $115,000 in annual revenue.
On November 13, 2020, they appeared on Season 12 of Shark Tank USA and made a deal with Mark Cuban, Lori Greiner, Robert Herjavec, and Daniel Lubetzky, for $750,000 for 40%. The final valuation was $1.87 Million, down from the founder’s initial estimate of $3.75 Million.
Bee D’Vine is still in business. Their products are available on the website.
Bee D’Vine Net Worth
Net worth | $1.5 Million (2023) |
Annual Sales Revenue | $115,000 (2022) |
Profits | – |
Lifetime sales | – |
Investors | Mark Cuban, Lori Greiner, Robert Herjavec, Daniel Lubetzky |
Founder | Ayele Solomon |
Employees | 10 to 20 |
Bee D’Vine Net Worth Timeline
Net Worth 2023 | $1.5 Million |
Net Worth 2022 | $1.2 Million |
Net Worth 2021 | $1 Million |
Net Worth 2020 | $800,000 |
Net worth valuation in 2020 after appearing on Shark Tank | $1.87 Million |
Net worth valuation in 2020 before appearing on Shark Tank | $3.75 Million |
Bee D’Vine Pitch on Shark Tank
Company name | Bee D’Vine |
Product | sustainably produced, barrel-aged honey wine from Sonoma Valley |
Episode | Season 12 Episode 05 |
Founder | Ayele Solomon |
Asked for | $750k for 20% Equity |
Final deal | $750k for 40% Equity |
Sharks | Mark Cuban, Lori Greiner, Robert Herjavec, Daniel Lubetzky |
Location | Sonoma, California, United States |
Don’t miss these products from Season 12
Bee D’Vine Founder
Bee D’Vine was founded by Ayele Solomon in 2014. Ayele comes from farmers in Ethiopia. He grew up and worked in Safari of Kenya. Bee D’Vine’s founder, Ayele Solomon, has a net worth of $1.5 Million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2020 | Bee D’Vine has made it to TIME’s List of the 100 Best Inventions |
2020 | Bee D’Vine appeared on Shark Tank |
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 Bee D’Vine and its continued success.