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Hegs Pegs Net Worth 2024 Update (Before & After Shark Tank)

Hegs Pegs, A peg with hooks, was started by Scott Boocock in 2012. As of January 2024, Hegs Peg’s net worth is unavailable. However, as per the company valuation on the Shark Tank pitch, It is $3.8 Million and they’re pulling in a whopping $1 million in annual revenue. 

On March 8, 2015, they appeared on season 1 of Shark Tank Australia and made a deal with Naomi, for $100,000 for 15% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $3.8 Million.

Hegs Pegs is still in business and you can still Hang or hook your clothing with Hegs Pegs. Their products are available to purchase on the official website.

Hegs Pegs Net Worth

Net worth$3.8 Million (2015)
Annual Sales Revenue$1 million (2023)
Profits
Lifetime sales
InvestorNaomi
FounderScott Boocock
Employees10 to 15

Hegs Pegs Net Worth Timeline

Net Worth 2024Unavailable
Net Worth 2022Unavailable
Net Worth 2021Unavailable
Net Worth 2020Unavailable
Net worth valuation in 2015 after appearing on Shark Tank  $666,666
Net worth valuation in 2015 before appearing on Shark Tank  $3.8 Million

Hegs Pegs Pitch on Shark Tank

ProductA peg with hooks
EpisodeSeason 01 Episode 05
FounderScott Boocock
Asked for$380k for 10% Equity
Company nameHegs Pegs
Final deal$100,000 for 15% Equity + $280,000 Loan
SharkNaomi
LocationSOUTH AUSTRALIA, 5045 Australia

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Hegs Pegs Founder

Hegs Pegs was founded by Scott Boocock in 2012. He is a successful entrepreneur. He worked hard to grow his business. Hegs Pegs’s founder, Scott Boocock net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2024Hegs Peg’s founder Scott Boocock gained national and international fame.
2015Hegs Pegs appeared on Shark Tank.

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 Hegs Pegs and its continued success.

What do you think?

Written by GAG Team

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