Happy Feet, Fun, comfortable slippers, was started by Pat Yates in April 1980. As of October 2023, Happy Feet net worth is $5 million. And they’re pulling in a whopping $17.7 million in annual revenue.
In February 2014, they appeared on season 5 of Shark Tank USA and made a deal with Robert Herjavec, for $375,000 for 25% of equity. The final valuation was $1.5 million, down from the founder’s initial estimate of $2.5 million.
Happy Feet is still in business as of October 2023. Happy Feet has two main businesses: a chain of shoe stores and a company that sells massaging liquid insoles for shoes. The company also licenses its trademark to the United States Postal Service (USPS). To know more about this company, visit their official website.
Happy Feet Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $17.7 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Robert Herjavec |
| Founder | Pat Yates |
| Employees | 62 employees |
Happy Feet Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net worth valuation 2014 after appearing on Shark Tank | $1.5 million |
| Net worth valuation 2014 before appearing on Shark Tank | $2.5 million |
Happy Feet Pitch on Shark Tank
| Company name | Happy Feet |
| Product | Fun, comfortable slippers |
| Episode | Season 05 Episode 24 |
| Founder | Pat Yates |
| Asked for | $375,000 for 15% Equity |
| Final deal | $375,000 for 25% Equity |
| Shark | Robert Herjavec |
| Location | Carlsbad, California |
Don’t miss these product from Season 05
Happy Feet Founder
Happy Feet was founded by Pat Yates in 1980. He wanted to create a store that offered a wide variety of high-quality shoes that were also supportive and comfortable. Happy Feet’s founder, Pat Yates, has a net worth of $3.75 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2014 | Appeared on Shark Tank season 05 and Robert Herjavec invested $375,000 for 25% Equity |
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 Happy Feet and its continued success.
