Coconut Bowls Net Worth 2024 Update (Before & After Shark Tank)

Coconut Bowls, bowls made from coconut, was started by Jake Mckeon in 2016. As of January 2024, Coconut Bowls net worth is $7 million and they’re pulling in a whopping $5 million in annual revenue. 

In May 2018, they appeared on season 1 of Shark Tank Australia and made a deal with Janine, Andrew, Naomi and Glen, for $300,000  for 18% of equity. The final valuation was $1.66 million, down from the founder’s initial estimate of $3 million.

Coconut Bowls is definitely still in business! In fact, they seem to be thriving as a sustainable brand and passionate movement for eco-conscious living. Their website is vibrant and well-maintained, showcasing their extensive range of coconut bowls, accessories, and other sustainable products.

Coconut Bowls Net Worth

Net worth$7 million (2024)
Annual Sales Revenue$5 million (2023)
ProfitsNot Publicly Available
Lifetime salesNot Publicly Available
InvestorJanine, Andrew, Naomi and Glen
FounderJake Mckeon
EmployeesNot Publicly Available

Coconut Bowls Net Worth Timeline

Net Worth 2024$7 million
Net Worth 2022$7 million
Net worth valuation 2017 after appearing on Shark Tank  $1.66 million
Net worth valuation 2017 before appearing on Shark Tank  $3 million

Coconut Bowls Pitch on Shark Tank

ProductBowls made from coconut
EpisodeSeason 04 Episode 01
Founder Jake Mckeon
Asked for$300,000 for 10% equity
Company nameCoconut Bowls
Final deal$300,000  for 18% equity
SharksJanine, Andrew, Naomi and Glen
LocationByron Bay, Australia

Don’t miss these product from  Season 4

Coconut Bowls Founder

Coconut Bowls was founded by Jake Mckeon in 2016. Jake Mckeon, has a net worth of $7 million as of 2024.

Key accomplishments

YearAccomplishment
2018Appeared on Shark Tank season 4 and Janine, Andrew, Naomi and Glen invested $300,000  for 18% equity

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 Coconut Bowls and its continued success.