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Fur Net Worth 2023 Update (Before & After Shark Tank)

Fur, public hair care products, was started by Laura Schubert and Lillian Tung in 2016. As of August 2023, Fur net worth is $30 Million and they’re pulling in a whopping $5 Million in annual revenue. 

In February 2020, they appeared on Season 11 of Shark Tank USA and made a deal with Lori Greiner, for $500,000 for 8% equity. The final valuation was $6.25 Million, down from the founder’s initial estimate of $20 Million.

In August 2023, Fur is still in business. You can purchase their products from their company website and other e – commerce channels.

Fur Net Worth

Net worth$30 Million
Annual Sales Revenue$5 Million
ProfitsNot available
Lifetime SalesNot available
Shark Tank InvestorLori Greiner
FounderLaura Schubert and Lillian Tung 
Employees

Fur Net Worth Timeline

Net Worth 2023$30 Million
Net Worth 2022$20 Million
Net Worth 2021$10 Million
Net worth valuation2020 after appearing on Shark Tank  $6.25 Million
Net worth valuation 2020 before appearing on Shark Tank  $20 Million

Fur Pitch on Shark Tank

Company nameFur
ProductPublic hair care products
EpisodeSeason 11 Episode 13
Founders Laura Schubert and Lillian Tung
Asked for$500,000 for 2.5% equity
Final deal$500,000 for 8% equity
Shark Lori Greiner
LocationLafayette Street, New York, United State.

Fur Founders

Fur was founded by Laura Schubert and Lillian Tung in 2016. Laura Schubert and Lillian Tung were friends. They frustrated with the lack of body-positive pubic hair care products on the market. They wanted to create a product that would help people feel good about their pubic hair. Then they found fur in 2016. Fur’s founders, Laura Schubert and Lillian Tung, have a net worth of 1.6 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2020Appeared Shark Tank season 11 episode 13
2021Got $10 Million annual revenue.
2022Achieve $20 Million annual revenue.

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 Fur and its continued success.

What do you think?

Written by GAG Team

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