Earth Log Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateEarth-Log

Earth Log is an Eco-friendly scented fire log made of recycled paper and wax. This was started by Tom Sanetti in 2009. Earth Log’s net worth was $457,000 in 2014 based on the Shark Tank deal.

In 2014 they appeared on Season 6 of Shark Tank USA and made a deal with Lori Greiner, for  $160,000 for  35% of equity.

After the Shark Tank pitch Earth Log had significance growth in its business. However, unfortunately company went bankrupt in 2018, and went out of business.

Earth Log Net Worth

Net worth$800,000 business valuation (2014)
Annual Sales Revenue$50,000 (2013)
Profits
Lifetime sales
InvestorLori Greiner
FounderTom Sanetti
Employees

Earth Log Net Worth Timeline

Net Worth 2023Out of business 
Net Worth 2022Out of business 
Net Worth 2021Out of business 
Net Worth 2020Out of business 
Net worth valuation in 2014 after appearing on Shark Tank  $457,000
Net worth valuation in 2014 before appearing on Shark Tank  $800,000

Earth Log Pitch on Shark Tank

Company nameEarth Log
ProductAn Eco-friendly scented fire log made of recycled paper and wax
EpisodeSeason 06 Episode 10
Founder Tom Sanetti
Asked for$160,000 for 20% equity
Final deal$160,000 for 35% equity
Shark Lori Greiner
LocationHuntington Beach, California 

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Earth Log Founder

Tom Sanetti founded Earth Log in 2009. Sanetti has years of experience working as a managing partner at High in the Desert also vice president at Eagle American Investment LLC. Besides he’s an entrepreneur. He is currently serving as the CEO of American Green Products. Earth Log’s founder, Tom Sanetti’s net worth is currently unknown.

Key accomplishments

YearAccomplishment
2014Shark Tank pitch and securing a deal, and after the Shark Tank appearance product was made available in multiple retailers including Walmart, TJ Maxx, Home Goods, and Home Depot.

Conclusion

Some companies that appear on the show have not achieved great success, and the Earth Log was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Earth Log went out of business in 2018. And the product is no longer available in the market.