Gold Rush Nugget Bucket Net Worth 2023 Update (Before & After Shark Tank)
Gold Rush Nugget Bucket is an easy gold prospecting kit for family fun. This was started by Mark Peterson in 2011. As of November 2023, Gold Rush Nugget Bucket’s net worth is $1 million. They’re pulling in a whopping $1.2 million in annual revenue.
In February 2015, they appeared on Season 05 of Shark Tank USA and made a deal with Robert Herjavec for $60,000 for 25% of equity. The final valuation was $240,000 down from the founder’s initial estimate of $400,000.
After its pitch on Shark Tank, Gold Rush Nugget Bucket gained more visibility. The company thrived over the years and is still actively running business. You can purchase your gold panning kit from the company website and Amazon.
Gold Rush Nugget Bucket Net Worth
Net worth | $1 million (2023) |
Annual Sales Revenue | $1.2 million |
Profits | – |
Lifetime sales | – |
Investor | Robert Herjavec |
Founder | Mark Peterson |
Employees | <25 |
Gold Rush Nugget Bucket Net Worth Timeline
Net Worth 2023 | $1 million |
Net Worth 2022 | $1 million |
Net Worth 2021 | – |
Net Worth 2020 | – |
Net worth valuation in 2014 after appearing on Shark Tank | $240,000 |
Net worth valuation in 2014 before appearing on Shark Tank | $400,000 |
Gold Rush Nugget Bucket Pitch on Shark Tank
Company name | Gold Rush Nugget Bucket |
Product | An easy gold prospecting for family fun |
Episode | Season 06 Episode 19 |
Founder | Mark Peterson |
Asked for | $60,000 for 15% equity |
Final deal | $60,000 for 25% equity |
Shark | Robert Herjavec |
Location | Eugene, Oregon |
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Gold Rush Nugget Bucket Founder
Mark Peterson founded Gold Rush Nugget Bucket in 2011. Mark has professional experience working for the corporate sector. Indeed, he is also a talented entrepreneur. Gold prospecting is an common recreational activity in the area where he lives. Thus, he got the inspiration to create Gold Rush Nugget Bucket based on his experience doing this activity with his daughters. Gold Rush Nugget Bucket’s founder, Mark Peterson has a net worth of 900,000 USD as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | Gold Rush Nugget Bucket got featured on 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 Gold Rush Nugget Bucket and its continued success.