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) |
| Profits | Not Publicly Available |
| Lifetime sales | Not Publicly Available |
| Investor | Janine, Andrew, Naomi and Glen |
| Founder | Jake Mckeon |
| Employees | Not 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
| Product | Bowls made from coconut |
| Episode | Season 04 Episode 01 |
| Founder | Jake Mckeon |
| Asked for | $300,000 for 10% equity |
| Company name | Coconut Bowls |
| Final deal | $300,000 for 18% equity |
| Sharks | Janine, Andrew, Naomi and Glen |
| Location | Byron 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
| Year | Accomplishment |
| 2018 | Appeared 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.
