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Hugo’s Amazing Tape Net Worth 2023 Update (Before & After Shark Tank)

Hugos-Amazing-Tape-Shark-Tank-US-Net

Hugo’s Amazing Tape, a reusable adhesive wrap, was started by Katherine Saltzberg and Lauri Fraser in 2002. Hugo’s Amazing Tape net worth was 100,000 in 2018 based on the Shark Tank deal. As of August 2023, Hugo’s Amazing Tape net worth is not available. 

In February 2018, they appeared on Season 9th of Shark Tank USA seeking $50,000 for 50% of equity of the company. But deal ended with Mark Cuban and Lori Greiner for $100,000 for 100% of the company.

In August 2023, Hugo’s Amazing Tape business status is unclear. Mark Cuban and Lori Greiner bought this firm and dismantled it. But still you can buy their products from e-commerce channels such as amazon and Wal – Mart.

Hugo’s Amazing Tape Net Worth

Net worth$100,000 (valuation 2018)
Shark Tank InvestorMark Cuban and Lori Greiner
FounderKatherine Saltzberg and Lauri Fraser

Hugo’s Amazing Tape Net Worth Timeline

Net worth 2023Not publicly available
Net worth 2022Not publicly available
Net Worth 2021$3 Million
Net Worth 2020$2.5 Million
Net worth valuation 2018 after appearing on Shark Tank  $0.1 Million
Net worth valuation 2018 before appearing on Shark Tank  $0.1 Million

Hugo’s Amazing Tape Pitch on Shark Tank

Company nameHugo’s Amazing Tape
ProductReusable adhesive wrap that leaves behind no sticky residue
EpisodeSeason 09 Episode 23
Founders Katherine Saltzberg and Lauri Fraser 
Asked for$50,000 for 50%
Final deal$100,000 for 100% equity
SharksMark Cuban and Lori Greiner
LocationUnion Pacific Ave, Commerce, California, United States.

Hugo’s Amazing Tape Founders

Hugo’s Amazing Tape was founded by Katherine Saltzberg and Lauri Fraser in 2002. Inventor spent their time in his father’s print shop. He noticed that all things in the package were destroyed except for a piece of plastic. Then he decided to create something that can be reused from this plastic. Hugo’s Amazing Tape’s first founder is Hugo Maisnik but his daughter’s Katherine Saltzberg and Lauri Fraser appeared on Shark Tank, Katherine Saltzberg and Lauri Fraser have a net worth of 3 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2018Appeared on Shark Tank season 09 episode 23

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 forHugo’s Amazing Tape and its continued success. However, In 2023  Hugo’s Amazing Tape business status is unclear. Mark Cuban and Lori Greiner bought this firm and dismantled it. But still you can buy their products on amazon and Wal – Mart.

What do you think?

Written by GAG Team

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