Bev Buckle Net Worth 2023 Update (Before & After Shark Tank)
Bev Buckle, a Drink-holding belt buckle, was started by Jay Kriner in 2008. As of October 2023, Bev Buckle’s net worth is $500,000 and they’re pulling in a whopping $1 million in annual revenue.
On September 14, 2012, they appeared on Season 4 of Shark Tank USA and made a deal with Barbara Corcoran, for $50,000 for 51% equity. The final valuation was $98,039, down from the founder’s initial estimate of $500,000.
Bev Buckle is still in business. Their products are available on the official website and Amazon.
Bev Buckle’s Net Worth
Net worth | $500,000 (Business valuation) |
Annual Sales Revenue | $1 million (2022) |
Profits | – |
Lifetime sales | – |
Investor | Barbara Corcoran |
Founder | Jay Kriner |
Employees | 30 to 40 |
Bev Buckle Net Worth Timeline
Net Worth 2023 | $500,000 |
Net Worth 2022 | $450,000 |
Net Worth 2021 | $400,000 |
Net Worth 2020 | $350,000 |
Net worth valuation in 2012 after appearing on Shark Tank | $98,039 |
Net worth valuation in 2012 before appearing on Shark Tank | $500,000 |
Bev Buckle’s Pitch on Shark Tank
Company name | Bev Buckle |
Product | Drink-holding belt buckle |
Episode | Season 04 Episode 01 |
Founder | Jay Kriner |
Asked for | $50,000 for 10% equity |
Final deal | $50,000 for 51% equity |
Shark | Barbara Corcoran |
Location | Beresford, South Dakota |
Don’t miss these products from Season 4
Bev Buckle Founder
Bev Buckle was founded by Jay Kriner in 2008. Jay Kriner is a beer lover. He started this business because he wanted to hold a drink and do other things without having a hassle. Bev Buckle’s founder, Jay Kriner, has a net worth of $500,000 to USD 1 million as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Bev Buckles become very popular at beer festivals all over the country |
2012 | Bev Buckle 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 Bev Buckle and its continued success.