Fort Magic Net Worth 2023 Update (Before & After Shark Tank)
Fort Magic is a fort building kit for kids. This was started by Erika Pope in 2011. As of October 2023, Fort Magic’s net worth is $5 million. They’re pulling in a whopping $600,000 in annual revenue.
In 2014 they appeared on Season 5 of Shark Tank USA seeking $75,000 for 15% of equity valuing the company at $500,000. But the Sharks were not interested in investing in Fort Magic.
Despite not being able to win a deal, Fort Mgic still thrives as a successful business. Head to their website to purchase their products also to find play ideas for your kids. Fort Magic is also available at selected online stores and retailers.
Fort Magic Net Worth
Net worth | $5 million (2023) |
Annual Sales Revenue | $600,000 (2023) |
Profits | – |
Lifetime sales | – |
Investor | – |
Founder | Erika Pope |
Employees | <25 |
Fort Magic Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | $5 million |
Net Worth 2021 | – |
Net Worth 2020 | – |
Net worth valuation in 2014 before appearing on Shark Tank | $500,000 (business valuation) |
Fort Magic Pitch on Shark Tank
Company name | Fort Magic |
Product | A fort building kit for kids |
Episode | Season 05 Episode 26 |
Founder | Erika Pope |
Asked for | $250,000 for 15% equity |
Final deal | No deal |
Shark | No shark |
Location | Sarasota, Florida |
Don’t miss these products from Season 5
Fort Magic Founder
Erika Pope founded Fort Magic in 2011. Fort Magic’s founder Erika Pope, was a stay at home mom and she came up with the excellent idea of Fort Magic inspired by her own son. Erica now is a successful entrepreneur. She is also a winner of several awards. Fort Magic’s founder Erica Pope has a net worth of 500,000 USD as of 2023.
Key accomplishments
Year | Accomplishment |
2014 | The company got featured on Shark Tank season 5 |
2014 | Winner of the Dr. Toy’s Best Classic Award, Tillywig Brain Child Award, Parents’ Choice Recommended and the PAL Award |
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 Fort Magic and its continued success.