Glow Recipe Net Worth 2023 Update (Before & After Shark Tank)
Glow Recipe, a skincare product, was started by Sarah Lee and Christine Chang in 2014. As of November 2023, Glow Recipe’s net worth is $400 million and they were $80 annual revenue in 2022.
In December 2015, they appeared on Season 07 of Shark Tank USA and made a deal with Robert Herjavec, $425,000 for 25% equity . The final valuation was $1.7 million, down from the founder’s initial estimate of $4.25 million.
As of 2023 November, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
Glow Recipe Net Worth
Net worth | $400 million |
Annual Sales Revenue | $80 million (2022) |
Profits | – |
Lifetime sales | $100 million (2021) |
Investor | Robert Herjavec |
Founder | Sarah Lee and Christine Chang |
Employees | 10-50 employees |
Glow Recipe Net Worth Timeline
Net Worth 2023 | $400 million |
Net Worth 2022 | $390 million |
Net Worth 2021 | $380 million |
Net Worth 2020 | $370 million |
Net worth valuation 2015 after appearing on Shark Tank | $1.7 million |
Net worth valuation 2015 before appearing on Shark Tank | 44.25 million |
Glow Recipe Pitch on Shark Tank
Company name | Glow Recipe |
Product | Cruelty-free, natural beauty Korean skincare products |
Episode | Season 07 Episode 10 |
Founders | Sarah Lee and Christine Chang |
Asked for | $425,000 for 10% equity |
Final deal | $425,000 for 25% equity |
Shark | Robert Herjavec |
Location | 43 West 24th Street, New York |
Don’t miss these product from Season 07
Glow Recipe Founders
Glow Recipe was founded by Sarah Lee and Christine Chang in 2014. They’re American and Korean women. They aimed to share their expertise and love for skincare in the US, and swiftly became one of the world’s most desired skincare brands.Glow Recipe’s founders, Sarah Lee and Christine Chang, have a net worth of 23 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | The company appeared on Shark Tank Season 07 and got the deal from Robert Herjavec |
2017 | In 2017, they produced the new product name as Sephora and also it have 2700 global locations |
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 Glow Recipe and its continued success.