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Chef in Black Net Worth 2023 Update (Before & After Shark Tank)

"Chef in Black" Net Worth 2023 Update

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
InvestorBarbara Corcoran
FounderDorene Humason
Employees

Chef in Black Net Worth Timeline

Net Worth 2023Out of business
Net Worth 2022Out of business
Net Worth 2021Out 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 nameChef in Black
ProductCalifornia-Asia flavors-based salad dressing
EpisodeSeason 01 Episode 11
FounderDorene Humason
Asked for$50,000 for 10% equity
Final deal$50,000 for 35% equity
SharkBarbara Corcoran
LocationFolsom, 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

YearAccomplishment
2010Chef 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.

What do you think?

Written by GAG Team

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