Hanukkah Tree Topper, a holiday decoration in the shape of the star of David for the top of the Christmas tree, was started by Morri Chowaiki in 2009. As of August 2023, Hanukkah Tree Topper’s net worth is $5 million and as of April, 2023, their annual revenue is $2 million.
In December 2013, they appeared on season 5 of Shark Tank USA. And made a deal with Daymond John, for $50,000 for 35% of equity. The final valuation was $142,857, down from the founder’s initial estimate of $333,333.
In August 2023, the Hanukkah Tree Topper is still in business. Now their business runs with a profit of a million dollars. This Christmas, give a perfect touch to your Christmas tree with a Hanukkah Tree Topper. To purchase these items online, visit the Amazon store.
Hanukkah Tree Topper Net Worth
|Net worth||$5 Million|
|Annual Sales Revenue||$2 million (As of April, 2023)|
|Shark Tank Investor||Daymond John|
|Employees||One executive and workers|
Hanukkah Tree Topper Net Worth Timeline
|Net Worth 2023||$5 Million|
|Net Worth 2022||$4.9 Million|
|Net worth valuation 2013 after appearing on Shark Tank||$142,857|
|Net worth valuation 2013 before appearing on Shark Tank||$333,333|
Hanukkah Tree Topper Pitch on Shark Tank
|Company name||Hanukkah Tree Topper|
|Product||Star of David decoration that sits atop a Christmas tree.|
|Episode||Season 05 Episode 12|
|Asked for||$50,000 for 15% Equity|
|Final deal||$50,000 for 35% Equity|
|Location||Newburgh, New York|
Hanukkah Tree Topper Founder
Hanukkah Tree Topper was founded by Morri Chowaiki in 2009. Morri Chowaiki is the owner of this company, and he also owns a business named One Life Products in California. By the way, Hanukkah Tree Topper’s founder, Morri Chowaiki, has a net worth of 3.25 million USD as of 2023.
|2013||Appeared on Shark Tank season 5 and Daymond John invested $50,000 for 35% Equity.|
|2014||Retail sales of this product has been grown in 150%|
|2022||Have gained an annual revenue of $2 million.|
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 Hanukkah Tree Topper and its continued success.