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Hargitt Marine Net Worth 2023 Update (Before & After Shark Tank)

Shark Tank US (Net Worth 2023 Update)S05E28 Hargitt Marine

Hargitt Marine, Sunken treasure booty hunter, was started by Mark Hargitt in March 1997. Hargitt Marine net worth was $1 million at the time of their pitch in 2014 based on the $250,000 offer for an 25% of equity of the company. 

They appeared on season 5 of Shark Tank USA in 2014. But the Sharks were not interested in investing in Hargitt Marine. The Sharks were concerned about the high risk of the salvage operation. There was no guarantee that Hargitt would be able to locate the shipwreck, let alone recover any treasure.

Hargitt Marine Services is no longer in business. 

Hargitt Marine Net Worth

Net worth$1 million (2014)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderMark Hargitt
Employees

Hargitt Marine Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2014 after appearing on Shark Tank  $1 million
Net worth valuation 2014 before appearing on Shark Tank  $1 million

Hargitt Marine Pitch on Shark Tank

Company nameHargitt Marine
ProductSunken treasure booty hunter
EpisodeSeason 05 Episode 28
FounderMark Hargitt
Asked for$250,000 for 25%equity
Final dealNone
SharkNone
LocationAnacortes, WA 

Hargitt Marine Founder

Mark Hargitt found Hargitt Marine in 1997. He is a self-proclaimed nautical amateur historian who has always had a romanticized notion of sunken treasure. Mark had worked in the larger salvage sector for years before establishing his own business. The net worth of Hargitt Marine’s founder, Mark Hargitt, is unknown as of 2023.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 05

Conclusion

Some companies that appear on the show have not achieved great success, and the Hargitt Marine was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Hargitt Marine went out of business in 2022. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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