Gatsby Chocolate Net Worth 2024 Update (Before & After Shark Tank)

Gatsby Chocolate’s net worth is $3 million as of January 2024. In 2022, their sales were just above $2.5 million; currently, their annual revenue is less than $5 million. Gatsby Chocolate, a healthy vegan chocolate brand, was started by Ryan Bouton and Doug Bouton in June 2021.

In September 2023, they appeared on season 15 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner for $250,000 for 20% equity + $250,000 as a loan for 6% interest. Stake increases to 30% at $10 million in sales and again to 40% at $50 million in sales. The final valuation was $2.5 million, down from the founder’s initial estimate of $10 million.

Since its appearance on the show, Ryan and Doug have managed to continue their business despite having a few flows. As of January 2024, Gatsby Chocolate is available for purchase at major retail stores, including Walmart across the USA. You can also buy their products via the company website. Moreover, the store locator on the website helps you find the closest retail shop where you can buy these chocolates.

Gatsby Chocolate Net Worth

Net worth$3 million (2024)
Annual Sales Revenue$2.5 million (2022)
ProfitsNot available
Lifetime sales$4.5 million (2024)
InvestorsMark Cuban and Lori Greiner 
investment$250,000 for 20% equity + $250,000 as a loan for 6% interest. Stake increases to 30% at $10 million in sales and again to 40% at $50 million in sales
FoundersRyan Bouton and Doug Bouton
Employees11-50

Gatsby Chocolate Net Worth Timeline

Net Worth 2024$3 million
Net worth valuation in 2023 after appearing on Shark Tank  $2.5 million
Net worth valuation in 2023 before appearing on Shark Tank  $10 million

Gatsby Chocolate Pitch on Shark Tank

ProductA healthy vegan chocolate-making company
EpisodeSeason 15 Episode 01
FoundersRyan Bouton and Doug Bouton
Asked for$500,000 for 5% equity
Company nameGatsby Chocolate
Final deal$250,000 for 20% equity + $250,000 as a loan for 6% interest. Stake increases to 30% at $10 million in sales and again to 40% at $50 million in sales
SharksMark Cuban and Lori Greiner
LocationChicago, Illinois 

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Gatsby Chocolate Founders

Gatsby Chocolate was founded by Ryan Bouton and Doug Bouton in 2021. Ryan and Dough are siblings and business partners. They graduated from Georgetown University. Although their academic background is not related to business, these siblings had a strong passion to embark on an entrepreneurial journey. They also own Halo Top Creamery, as well as Halo Top International. Gatsby Chocolate’s founders Ryan Bouton and Doug Bouton’s net worths are unknown as of 2024.

Key accomplishments

YearAccomplishment
2023Gatsby Chocolate was featured in Shark Tank and secured a deal.

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 Gatsby Chocolate and its continued success.