BootayBag, a Subscription underwear service for women, was started by Elly Gheno in 2015. As of October 2023, BootayBag’s net worth is $5 Million and they’re pulling in a whopping $4 million in annual revenue.
On October 23, 2020, they appeared on Season 12 of Shark Tank USA and made a deal with Kendra Scott, for $500,000 for 10%. The final valuation was $5 Million, down from the founder’s initial estimate of $10 Million.
BootayBag is still in business. Their products are available on the official website.
BootayBag Net Worth
|Net worth||$5 Million (2023)|
|Annual Sales Revenue||$4 Million (2022)|
|Lifetime sales||$15 million|
|Employees||10 to 25|
BootayBag Net Worth Timeline
|Net Worth 2023||$5 Million|
|Net Worth 2022||$4.5 Million|
|Net Worth 2021||$4 Million|
|Net Worth 2020||$3.5 Million|
|Net worth valuation in 2020 after appearing on Shark Tank||$5 Million|
|Net worth valuation in 2020 before appearing on Shark Tank||$10 Million|
BootayBag Pitch on Shark Tank
|Product||Subscription underwear service for women|
|Episode||Season 12 Episode 02|
|Asked for||$500,000 for 5%|
|Final deal||$500,000 for 10%|
|Location||San Francisco, California|
Don’t miss these products from Season 12
BootayBag was founded by Elly Gheno in 2015. She started this company after having a bad experience while shopping for underwear. Because of his down-to-earth character, she managed to increase a huge follower base on Instagram. BootayBag’s founder, Elly Gheno, has a net worth of USD 5 Million as of 2023.
|2023||BootayBag has a huge following on Instagram|
|2020||Appeared on Shark Tank|
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 BootayBag and its continued success.