Bistro Morgan Net Worth 2024 Update (Before & After Shark Tank)
Bistro Morgan, an artisan donut store, was started by Morgan Hipworth in 2016. As of January 2024, Bistro Morgan net worth is $200 million. And they’re pulling in a whopping $1 million in annual revenue.
In 2018 they appeared on season 4 of Shark Tank Australia. Seeking $200,000 for 20% of equity valuing the company at $1 million. But the Sharks did not pay interest in investing in Bistro Morgan. The donut market in Australia is already quite competitive. The Sharks questioned how Bistro Morgan would stand out and achieve significant national growth.
Bistro Morgan is still in business, but also thriving! Their website and social media pages are regularly updated with news, events, menu changes, and behind-the-scenes glimpses. This ongoing engagement with their audience indicates continued operation and activity.
Bistro Morgan Net Worth
Net worth | $200 million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | None |
Founder | Morgan Hipworth |
Employees | Not publicly available |
Bistro Morgan Net Worth Timeline
Net Worth 2024 | $200 million |
Net Worth 2023 | $200 million |
Net worth valuation 2018 after appearing on Shark Tank | None |
Net worth valuation 2018 before appearing on Shark Tank | $1 million |
Bistro Morgan Pitch on Shark Tank
Product | Artisan donut store |
Episode | Season 04 Episode 01 |
Founder | Morgan Hipworth |
Asked for | $200,000 for 20% equity |
Company name | Bistro Morgan |
Final deal | None |
Shark | None |
Location | Windsor, Victoria |
Don’t miss these product from Season 4
Bistro Morgan Founder
Morgan Hipworth found Bistro Morgan in 2016. Bistro Morgan’s founder, Morgan Hipworth, has a net worth of $200 million as of 2024.
Key accomplishments
Year | Accomplishment |
2018 | Appeared on Shark Tank season 04 |
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 Bistro Morgan and its continued success.