Hillbilly Brand Net Worth 2023 Update (Before & After Shark Tank)

Hillbilly Brand is a clothing line for rednecks and truckers. This was started by Mike Abbaticchio and Shon Lees in 2004. As of October 2023, Hillbilly Brand’s net worth is $4 million. They’re pulling in a whopping $1 million in annual revenue.
In 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Daymond John, Robert Herjavec, and Jeff Foxworthy for $75,000 for 100% equity + 7% royalty on future deals. The final valuation was $75,000, down from the founder’s initial estimate of $200,000.
Hillbilly Brand was a successful business even before the Shark Tank appearance. Shark Tank allowed Hillbily Brand to expand their market and thrive further. You can purchase Hillbily brand products through their website.
Hillbilly Brand Net Worth
Net worth | $4 million |
Annual Sales Revenue | $1 million |
Profits | $50,000 (2010) |
Lifetime sales | – |
Investors | Daymond John, Robert Herjavec, and Jeff Foxworthy |
Founders | Mike Abbaticchio and Shon Lees |
Employees | – |
Hillbilly Brand Net Worth Timeline
Net Worth 2023 | $4 million |
Net Worth 2022 | $4 million |
Net Worth 2021 | – |
Net Worth 2020 | – |
Net worth valuation 2011 after appearing on Shark Tank | $75,000 |
Net worth valuation 2011 before appearing on Shark Tank | $200,000 |
Hillbilly Brand Pitch on Shark Tank
Company name | Hillbilly Brand |
Product | A clothing line for rednecks and truckers |
Episode | Season 02 Episode 04 |
Founders | Mike Abbaticchio and Shon Lees |
Asked for | $50,000 for 25% equity |
Final deal | $75,000 for 100% equity + 7% royalty on future deals |
Sharks | Daymond John, Robert Herjavec, and Jeff Foxworthy |
Location | Parkland, Florida |
Don’t miss these products from Season 2
Hillbilly Brand Founders
Mike Abbaticchio and Shon Lees founded the Hillbily brand in 2004. Mike and Shon were raised in Florida and always admired outdoor-centric country life. Their passion, combined with entrepreneurial skills, created a successful business. Hillbilly Brand’s founders, Mike Abbaticchio and Shon Lees, have a net worth of 2 Million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2011 | The business appeared on Shark Tank season 2 and won a deal |
2023 | Currently, Hillbily Brand offers a wide range of products besides clothing, including hats, accessories, vines, and whiskey. |
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 Hillbilly Brand and its continued success.