Cashmere-Hair
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Cashmere Hair Net Worth 2025 Update (Before & After Shark Tank)

ByKesara Bandaragoda Hours Last Updated:

As of 2025, Cashmere Hair actively runs its business with a net worth and annual revenue of $5 million.

Cashmere Hair, Clip-in hair extensions, was started by Rachel Barone, and Melissa Bernstein. 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.

However, 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. 

Despite not winning a deal, Cashmere Hair still runs the business providing award-winning clip-in hair extensions. As of 2025, Cashmere Hair’s net worth is $5 million and they’re pulling in a whopping $5 million in annual revenue.

Cashmere Hair Net Worth

Net worth$5 million (2025)
Annual Sales Revenue$5 million (2025)
Lifetime salesNot Available
InvestorNot available
FoundersRachel Barone, Melissa Bernstein
Employees25 to 100

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
SharksNone
LocationSan Marcos, California

Don’t miss these products from Season 5

Cashmere Hair Founders

Rachel Barone and Melissa Bernstein founded Cashmere Hair in 2013. Melissa was a Beverly Hills hairstylist. Rachel was a model in Los Angeles. Cashmere Hair’s founders, Rachel Barone, and Melissa Bernstein have an approximate net worth of $5 million as of 2025.

Key accomplishments

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

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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