in , ,

Hanukkah Tree Topper Net Worth 2023 Update (Before & After Shark Tank)

The-Hanukkah

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 InvestorDaymond John
FounderMorri Chowaiki
EmployeesOne 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 nameHanukkah Tree Topper
ProductStar of David decoration that sits atop a Christmas tree.
EpisodeSeason 05 Episode 12
Founder Morri Chowaiki
Asked for$50,000 for 15% Equity
Final deal$50,000 for 35% Equity
Shark Daymond John
LocationNewburgh, 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.

Key accomplishments

YearAccomplishment
2013Appeared on Shark Tank season 5 and Daymond John invested $50,000 for 35% Equity.
2014Retail sales of this product has been grown in 150%
2022Have gained an annual revenue of $2 million.

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 Hanukkah Tree Topper and its continued success.

What do you think?

Written by GAG Team

GrooveBook

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

Tipsy-Elves

Tipsy Elves Net Worth 2023 Update (Before & After Shark Tank)