“Floating Mug” got featured on Shark Tank America on September 26, 2014. The current net worth of Floating Mug is unknown, as the business is not in operation since 2021. And the product is no longer available in the market. According to our online research, Floating Mug went out of business in 2021.
| Floating Mug’s Net worth before appearing on Shark Tank | 500,000 USD (business valuation) |
| Floating Mug’s Current Net worth (2023) | Out of Business |
| Episode | Season 06 Episode 02 |
| Company name | Floating Mug |
| Product | Elegantly designed 2 in 1 coffee mug and coaster |
| Founder | Tigere Chiriga |
| Asked for | $75,000 for 15% |
| Final deal | No Offers |
| Shark | No Shark |
| Business status | Out of Business |
| Location | Mooresville, North Carolina |
Floating Mug’s founder, Tigere Chiriga, net worth is Unknown.
Conclusion:
Some companies that appear on the show have not achieved great success, and the Floating Mug 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, the Floating Mug went out of business in 2021. And the product is no longer available in the market.