Jarrett & Raja Net Worth 2023 Update (Before & After Shark Tank)

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Jarrett & Raja, Musical magician show, was started by Jarrett Parker and Raja Rahman in 2010. Jarrett & Raja net worth was $1.875 million at the time of their pitch in 2016 based on the $750,000 offer for an 40% of equity of the company. 

They appeared on season 7 of Shark Tank USA in 2016. But the Sharks were not interested in investing in Jarrett & Raja. Jarrett & Raja’s business model was not well-defined. And their financial projections were unrealistic. The Sharks were not convinced that the duo had a solid plan for making money.

Jarrett & Raja are not still in business. Their magic show, “Jarrett & Raja: Magic vs. Music”, closed in 2019. The show had been running at the OYO Hotel & Casino in Las Vegas since 2016.

Jarrett & Raja Net Worth

Net worth$1.875 million (2016)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderJarrett Parker and Raja Rahman
Employees

Jarrett & Raja Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2016 after appearing on Shark Tank  N/E
Net worth valuation 2016 before appearing on Shark Tank  $1.875 million

Jarrett & Raja Pitch on Shark Tank

Company nameJarrett & Raja
ProductMusical magician show
EpisodeSeason 7 Episode 25
Founders Jarrett Parker and Raja Rahman
Asked for$750,000 for 40% Equity
Final dealNone
Shark None
LocationLas Vegas, NV 89119, United States

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Jarrett & Raja Founders

Jarrett Parker and Raja Rahman found Jarrett & Raja in 2010. Parker is a master illusionist who has been performing magic since he was a child. Rahman is a talented pianist who has performed with some of the biggest names in the music industry, including Stevie Wonder and Michael Jackson.The networth of Jarrett & Raja founders, Jarrett Parker and Raja Rahman, is unknown as of 2023.

Key accomplishments

YearAccomplishment
2016Appeared on Shark Tank season 7

Conclusion

Some companies that appear on the show have not achieved great success, and the Jarrett & Raja 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,  Jarrett & Raja went out of business in 2019. And the product is no longer available in the market.