Joyce’s Lulu Bang Net Worth 2024 Update (Before & After Shark Tank)

Joyces-Lulu-Bang-Shark-Tank-US-Net-worth-Update

Joyce’s Lulu Bang, BBQ, and marinade sauces, was started by Jorrae Beard and Kelly Beard in 2012. As of June 2024, Joyce’s Lulu Bang’s net worth is $10 million and there is no information available on the company’s sales performance in 2024.

In 2016 they appeared on Season 8 of Shark Tank USA seeking $150,000 for 10% of equity valuing the company at $1.5 million. The company has continued to operate and sell its sauces under the name Joyce’s Lulu Bang.

Joyce’s Lulu Bang is still in business. The company’s website is still up and running, and they are still selling their sauces. The sauces are still available in more than 100 Walmart locations and the Lulu Bang website.

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Joyce’s Lulu Bang Net Worth

Net worth$10 Million (2024)
Annual Sales Revenue$922,000 (As of 2022)
ProfitsNot available
Lifetime SalesNot available
Shark Tank InvestorNone
FounderJorrae Beard and Kelly Beard
Employees25

Joyce’s Lulu Bang Net Worth Timeline

Net Worth 2024$10 million 
Net Worth 2023$5 million
Net Worth 2022$4.5 million
Net worth valuation in 2016 before appearing on Shark Tank$1.5 million

Joyce’s Lulu Bang Pitch on Shark Tank

Company nameJoyce’s Lulu Bang
ProductLine of BBQ and marinade sauces
EpisodeSeason 08 Episode 06
Founders Jorrae Beard and Kelly Beard
Asked for$150,000 for 10%
Final dealNo Deal
SharkNo Shark
LocationUSA

Don’t miss these product from Season 8

Joyce’s Lulu Bang Founders

Jorrae Beard and Kelly Beard Founded Joyce’s Lulu Bang in 2012. Jorrae Beard is the originator of Joyce’s Lulu Bang and was inspired to create her sauce. Kelly Beard is the CEO of Joyce’s Soulful Cuisine, the parent company of Joyce’s Lulu Bang. These sisters grew up in a family of entrepreneurs. They were inspired to start their own business. Joyce’s Lulu Bang’s founders, Jorrae Beard and Kelly Beard’s net worth is unknown as of 2024. However, since Joyce Lulu Bang is one of their main net worth sources, they should have a combined net worth above $10 million.

Key accomplishments

YearAccomplishment
2023Creating a line of gourmet sauces, including Asian Persuasion, Bourbon Marinade, It’s Just Hot!, and BBQ Fusion.
2022Launching a new pop-up store to sell their sauces.
2021Expanding their reach beyond Walmart stores and making their sauces available in local ShopRites around the Philadelphia area.

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 Spretz and its continued success.

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