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Element Bars Net Worth 2023 Update (Before & After Shark Tank)

Element Bars, Custom energy bars, was started by Jonathan Miller in 2008. As of October 2023, Element Bar’s net worth is $1 Million and they’re pulling in a whopping $5.2 Million in annual revenue.

On September 13, 2009, they appeared on Season 1 of Shark Tank USA and made a deal with Kevin Harrington, for $150,000 for 30% equity + 4% royalty in perpetuity. The final valuation was $500,000, down from the founder’s initial estimate of $1 Million.

Element Bars is still in business. Their products are available on the official website.

Element Bars Net Worth

Net worth$1 Million (Business Valuation)
Annual Sales Revenue$5.2 Million (2022)
Profits
Lifetime sales
InvestorKevin Harrington
FounderJonathan Miller 
Employees7 to 20

Element Bars Net Worth Timeline

Net Worth 2023$1 Million
Net Worth 2022$900,000
Net Worth 2021$750,000
Net Worth 2020$600,000
Net worth valuation in 2009 after appearing on Shark Tank  $500,000
Net worth valuation in 2009 before appearing on Shark Tank  $1 Million

Element Bars Pitch on Shark Tank

Company nameElement Bars
ProductCustom energy bars
EpisodeSeason 01 Episode 06
Founder Jonathan Miller
Asked for$150,000 for 15% equity
Final deal$150,000 for 30% equity + 4% royalty in perpetuity
SharkKevin Harrington
Location1140 S Washtenaw Ave., Chicago, IL 60608, USA

Don’t miss these products from Season 1

Element Bars Founder

Element Bars was founded by Jonathan Miller in 2008. He is a graduate of Stanford University. He likes health and nutrition and that led him to start this business. Element Bars’s founder, Jonathan Miller, has a net worth of USD 1 Million as of 2023.

Key accomplishments

YearAccomplishment
2023Element Bars have achieved their goal of producing 1,000,000 bars per month
2009Element Bars appeared on Shark Tank

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 Element Bars and its continued success.

What do you think?

Written by GAG Team

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