Donugs Net Worth 2024 Update (Before & After Shark Tank)

Donugs, a chicken nugget and donut combination, was started by Crag Carrick & Rachel Dutton in 2015. As of January 2024, Donugs net worth is $4 million. And they’re pulling in a whopping $7.5 million in annual revenue. 

In June 2018, they appeared on season 4 of Shark Tank Australia. And made a deal with Naomi Simson, for $100,000 for 25% of equity. The final valuation was $400,000, down from the founder’s initial estimate of $500,000.

Donugs is still in business as of 2024. Their product is simply a A CHICKEN nugget crossed with a doughnut. If you want to taste their unique products, now you can purchase them online through their official website.

Donugs Net Worth

Net worth$4 million (2023)
Annual Sales Revenue$7.5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNaomi Simson
FoundersCrag Carrick & Rachel Dutton
EmployeesNot publicly available

Donugs Net Worth Timeline

Net Worth 2024$4 million
Net Worth 2023$4 million
Net worth valuation 2018 after appearing on Shark Tank  $500,000
Net worth valuation 2018 before appearing on Shark Tank  $400,000

Donugs Pitch on Shark Tank

ProductA chicken nugget and donut combination
EpisodeSeason 04 Episode 04
Founders Crag Carrick & Rachel Dutton
Asked for$100,000 for 20% equity
Company nameDonugs
Final deal$100,000 for 25% equity
Shark Naomi Simson
LocationAustralia

Don’t miss these product from Season 04

Donugs Founders

Crag Carrick & Rachel Dutton found Donugs in 2015. Donugs’s founders, Crag Carrick & Rachel Dutton, have a net worth of $4 million as of 2024.

Key accomplishments

YearAccomplishment
2018Appeared on Shark Tank season 04 and Naomi Simson invested $100,000 for 25% 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 Donugs and its continued success.

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