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)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderMorgan Hipworth
EmployeesNot 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

ProductArtisan donut store
EpisodeSeason 04 Episode 01
FounderMorgan Hipworth
Asked for$200,000  for 20% equity
Company nameBistro Morgan
Final dealNone
Shark None
LocationWindsor, 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

YearAccomplishment
2018Appeared 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.

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