Cashmere Hair Net Worth 2023 Update (Before & After Shark Tank)


Cashmere Hair, Clip-in hair extensions, was started by Rachel Barone, and Melissa Bernstein in 2013. As of December 2023, Cashmere Hair’s net worth is $5 million and they’re pulling in a whopping $5 million in annual revenue.

On December 13, 2013, they appeared on Season 5 of Shark Tank USA seeking $45,000 in exchange for 15% equity valuing the company at $300,000. But the Sharks were not interested in investing in Cashmere Hair. Sharts stated its too early to invest and went out, so founders had to walk empty-handed. 

Providing award-winning clip-in hair extensions Cashmere Hair is still in business. Their products are available to purchase on the official website.

Cashmere Hair Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$5 million (2022)
Lifetime sales
FoundersRachel Barone, Melissa Bernstein
Employees25 to 100

Cashmere Hair Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net Worth 2021$3 million
Net Worth 2020$2 million
Net worth valuation in 2013 before appearing on Shark Tank  $300,000

Cashmere Hair Pitch on Shark Tank

ProductClip-in hair extensions
EpisodeSeason 5 Episode 12
Founders Rachel Barone, Melissa Bernstein
Asked for$45,000 in exchange for 15% equity
Company nameCashmere Hair
Final dealNo deal
LocationSan Marcos, California

Don’t miss these products from Season 5

Cashmere Hair Founders

Cashmere Hair was founded by Rachel Barone, and Melissa Bernstein in 2013. Melissa was a Beverly Hills hairstylist. Rachel was a model in Los Angeles. Cashmere Hair’s founders, Rachel Barone, and Melissa Bernstein net worth is unknown as of 2023.

Key accomplishments

2023Cashmere Hair provides high-quality clip-in extensions made from 100%.
2013Cashmere Hair 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 Cordaroy’s and its continued success.

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