Ecto Hand Planes Net Worth 2024 Update (Before & After Shark Tank)
Ecto Hand Planes, a bodysurfing hand plane that’s made from recycled surfboards, was started by Chris Anderson in 2012. As of January 2024, Ecto Hand Planes net worth is $4.5 million. And they’re pulling in a whopping $4 million in annual revenue.
In July 2017, they appeared on season 3 of Shark Tank Australia and made a deal with Glen, for $100,000 for 50% of equity. The final valuation was $200,000, down from the founder’s initial estimate of $500,000.
Ecto Hand Planes is definitely still in business! Their website is fully functional. They have active product pages, blog posts, a “Where to Buy” section listing retailers, and even recent social media links.
Ecto Hand Planes Net Worth
| Net worth | $4.5 million (2023) |
| Annual Sales Revenue | $4 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Glen Richards |
| Founder | Chris Anderson |
| Employees | Not publicly available |
Ecto Hand Planes Net Worth Timeline
| Net Worth 2024 | $4.5 million |
| Net Worth 2023 | $4.5 million |
| Net worth valuation 2017 after appearing on Shark Tank | $200,000 |
| Net worth valuation 2017 before appearing on Shark Tank | $500,000 |
Ecto Hand Planes Pitch on Shark Tank
| Product | A bodysurfing hand plane that’s made from recycled surfboards |
| Episode | Season 03 Episode 13 |
| Founder | Chris Anderson |
| Asked for | $100,000 for 20% equity |
| Company name | Ecto Hand Planes |
| Final deal | $100,000 for 50% equity |
| Shark | Glen Richards |
| Location | Bulli, New South Wales |
Don’t miss these product from Season 03
Ecto Hand Planes Founder
Chris Anderson found Ecto Hand Planes in 2012. Ecto Hand Planes’s founder, Chris Anderson, has a net worth of $4.5 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | Appeared on Shark Tank season 3 and Glen Richards invested $100,000 for 50% 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 Ecto Hand Planes and its continued success.
