Forus Athletics, lightweight running shoes with shock-absorbing technology, was started by Joel Vinocur and Arsene Millogo in 2009. Forus Athletics net worth was $1.33 million at the time of their pitch in 2015 based on the $200,000 offer for an 15% of equity of the company.
They appeared on season 6 of Shark Tank USA in 2015. But the Sharks didn’t pay interest on investing in Forus Athletics. The Forus Athletics team is made up of young entrepreneurs who do not have a lot of experience in the fitness industry.
Forus Athletics is not in business any more. Because, By the end of 2015, both business owners had moved on to other endeavors and Forus Athletics had ceased to exist.
Forus Athletics Net Worth
|Net worth||$1.33 million (2015)|
|Annual Sales Revenue||–|
|Founder||Joel Vinocur and Arsene Millogo|
Forus Athletics Net Worth Timeline
|Net Worth 2023||–|
|Net Worth 2022||–|
|Net worth valuation 2015 after appearing on Shark Tank||N/E|
|Net worth valuation 2015 before appearing on Shark Tank||$1.33 million|
Forus Athletics Pitch on Shark Tank
|Company name||Forus Athletics|
|Product||Lightweight running shoes with shock-absorbing technology|
|Episode||Season 6 Episode 24|
|Founders||Joel Vinocur and Arsene Millogo|
|Asked for||$200,000 for 15% Equity|
Forus Athletics Founders
Joel Vinocur and Arsene Millogo found Forus Athletics in 2009.The net worth of Forus Athletics’s founders, Joel Vinocur and Arsene Millogo, is unknown as of 2023.
|2015||Appeared on Shark Tank season 6|
Some companies that appear on the show have not achieved great success, and the Forus Athletics 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, Forus Athletics went out of business in 2022. And the product is no longer available in the market.