DBest-Products-Shark-Tank-US-Net-worth-Update

Richard Elden founded DBest Products in 1998 to design practical and collapsible carts and trolleys for everyday use. In 2017, he appeared on Shark Tank and secured a handshake deal with Lori Greiner and Mark Cuban for $350,000 and a $2 million line of credit for 20% equity.

However, the deal never closed. Despite this, DBest Products grew significantly, expanding its product range and establishing multiple warehouses.

By 2025, the company earned annual revenues of $15–$20 million, with its products available at major retailers like Walmart, Home Depot, and Amazon. DBest Products remains a leader in ergonomic cart solutions.

DBest Products Net Worth

Net worth$20 million (2025)
Annual Sales Revenue$15–$20 million
InvestorMark Cuban and Lori Greiner
FounderRichard Elden
Employees<25

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 

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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 20 Million USD as of 2025.

Key accomplishments

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

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 DBest Products and its continued success.

 

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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