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) |
Profits | – |
Lifetime sales | $15 million |
Investor | Kendra Scott |
Founder | Elly Gheno |
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
Company name | BootayBag |
Product | Subscription underwear service for women |
Episode | Season 12 Episode 02 |
Founder | Elly Gheno |
Asked for | $500,000 for 5% |
Final deal | $500,000 for 10% |
Shark | Kendra Scott |
Location | San Francisco, California |
Don’t miss these products from Season 12
BootayBag Founder
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.
Key accomplishments
Year | Accomplishment |
2023 | BootayBag has a huge following on Instagram |
2020 | 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 BootayBag and its continued success.