DBest Products Net Worth 2023 Update (Before & After Shark Tank)


DBest Products is a company manufacturing ergonomic, lightweight, and collapsible carts and trolleys. This was started by Richard Elden in 1998. As of October 2023, DBest Products net worth is around $20 million dollars. Furthermore, they’re pulling in a whopping $10 million in annual revenue. 

In February 2017, they appeared on Season 8 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, for $350,000 for 5% of equity. The final valuation was $1.75 milion, down from the founder’s initial estimate of $7 million.

As of October 2023, DBest Products is successfully running operations. Their products are available at the company website as well as Target, Walmart, Amazon, and Bed Bath & Beyond. 

DBest Products Net Worth

Net worth$20 million (2023)
Annual Sales Revenue$10 million (2023)
Lifetime sales$5 million (2017)
InvestorMark Cuban and Lori Greiner
FounderRichard Elden

DBest Products Net Worth Timeline

Net Worth 2023$20 million
Net Worth 2022$15 million
Net Worth 2021$10 million 
Net Worth 2020$8 million 
Net worth valuation in 2017 after appearing on Shark Tank  $1.75 million
Net worth valuation in 2017 before appearing on Shark Tank  $7 million

DBest Products Pitch on Shark Tank

Company nameDBest Products
ProductA company manufacturing ergonomic, lightweight, and collapsible carts and trolleys
EpisodeSeason 08 Episode 14
FounderRichard Elden
Asked for$350,000 for 5% equity
Final deal$350,000 for 20% equity and $2 million line of credit 
SharksMark Cuban and Lori Greiner
LocationCarson, California 

Don’t miss these products from Season 8

DBest Products Founder

DBest Products was founded by Richard Elden in 1998. Richard graduated from University of Southern California with a Bachelor of Science in Communications degree. Then did his Master’s degree at Pepperdine University majoring in Business Administration. With his education background and entrepreneurial skills Richard started a successful business of his own. He is popular in business as the “Cart Guy”. DBest Products’s founder Richard Elden has a net worth of 22 Million USD as of 2023.

Key accomplishments

2017DBest Products got featured on Shark Tank and managed to secure a deal 
2023 Currently DBest Products are available in 30 countries 


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 DBest Products and its continued success.