Esso Watches Net Worth 2023 Update (Before & After Shark Tank)

"Esso Watches" Net Worth 2023 Update

Esso Watches, Negative ion bracelets, was started by Ryan Naylor in 2010. Esso Watches net worth was $175,000 at the time of their pitch in 2012 based on the $35,000 offer for an 20% of equity of the company. 

They appeared on season 3 of Shark Tank USA in 2012. But the Sharks were not interested in investing in Esso Watches. The founder, Ryan Naylor, had not yet done any real market research to prove that there was a demand for his product. He also did not have any independent laboratory results to support his claims about the health benefits of his watches.

Esso Watches is no longer in business. After appearing on Shark Tank, the company was sued by Exxon Mobil for trademark infringement.

Esso Watches Net Worth

Net worth$175,000 (2012)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderRyan Naylor
Employees

Esso Watches Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2012 after appearing on Shark Tank  N/E
Net worth valuation 2012 before appearing on Shark Tank  $175,000

Esso Watches Pitch on Shark Tank

Company nameEsso Watches
ProductNegative ion bracelets
EpisodeSeason 03 Episode 06
Founder Ryan Naylor
Asked for$35,000 for 20% Equity
Final dealNone
Shark None
LocationUSA

Don’t miss these product from Season 03

Esso Watches Founder

Ryan Naylor found Esso Watches in 2010. He is a serial entrepreneur who has started and failed several businesses. He is also known for his controversial marketing tactics. The networth of Esso Watches’s founder, Ryan Naylor, is unknown as of 2023.

Key accomplishments

YearAccomplishment
2012Appeared on Shark Tank season 3 
2013Esso Watches launches its e-commerce website.
2015Esso Watches settles the lawsuit with Exxon Mobil and agrees to change its name to TAGI Gear.

Conclusion

Some companies that appear on the show have not achieved great success, and the Esso Watches 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,  Esso Watches went out of business in 2020. And the product is no longer available in the market.