Chef in Black Net Worth 2023 Update (Before & After Shark Tank)
Chef in Black is a California-Asia flavors-based salad dressing. This was invented by Dorene Humason in 2008. Chef in Black’s net worth was $142,857 in 2010, based on the Shark Tank deal.
In 2010, they appeared on Season 01 of Shark Tank USA and made a deal with Barbara Corcoran, $50,000 for 35% of equity.
Chef in Black witnessed an improvement in sales after its pitch on the show. Chef in Black expanded its market and became available in 2000+ stores. However, unfortunately, Chef in Black had to cease operations in 2021. Chef in Black is no longer available in the market.
Chef in Black Net Worth
Net worth | $142,857 (2009) |
Annual Sales Revenue | – |
Profits | $78,000 |
Lifetime sales | – |
Investor | Barbara Corcoran |
Founder | Dorene Humason |
Employees | – |
Chef in Black Net Worth Timeline
Net Worth 2023 | Out of business |
Net Worth 2022 | Out of business |
Net Worth 2021 | Out of business |
Net worth valuation in 2010 after appearing on Shark Tank | $142,857 |
Net worth valuation in 2010 before appearing on Shark Tank | $500,000 |
Chef in Black Pitch on Shark Tank
Company name | Chef in Black |
Product | California-Asia flavors-based salad dressing |
Episode | Season 01 Episode 11 |
Founder | Dorene Humason |
Asked for | $50,000 for 10% equity |
Final deal | $50,000 for 35% equity |
Shark | Barbara Corcoran |
Location | Folsom, California |
Don’t miss these products from Season 1
Chef in Black Founder
Dorene Humason founded Chef in Black in 2008. Dorene is a professional in the business sector. She has nearly two decades of experience in sales and marketing, specifically in the retail and food distribution industries. Before starting her business, Dorene was the Director of Perishable Goods at Horizon Specialties. Chef in Black’s founder Dorene Humason’s net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2010 | Chef in Black was featured in Shark Tank and secured a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Chef in Black was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Chef in Black went out of business in 2021. And the product is no longer available in the market.