La Mule,a carpooling service, was started by Oliver Du Rieu in 1996. As of January 2024, La Mule net worth is $1 million. And they’re pulling in a whopping $11.2 million in annual revenue.
In 2015 they appeared on season 1 of Shark Tank Australia seeking $50,000 for 5% of equity valuing the company at $1 million. But the Sharks were not interested in investing in La Mule. The sharks expressed concerns about the crowded space for fitness apparel, questioning how La Mule would stand out from established brands.
La Mule is in business as of 2023. They connect people who need transport with drivers who have spare seats. You can visit their official website for more details.
La Mule Net Worth
| Net worth | $1 million (2023) |
| Annual Sales Revenue | $11.2 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | None |
| Founder | Oliver Du Rieu |
| Employees | Not publicly available |
La Mule Net Worth Timeline
| Net Worth 2024 | $1 million |
| Net Worth 2022 | $1 million |
| Net worth valuation 2015 after appearing on Shark Tank | N/E |
| Net worth valuation 2015 before appearing on Shark Tank | $1 million |
La Mule Pitch on Shark Tank
| Product | A carpooling service |
| Episode | Season 01 Episode 10 |
| Founder | Oliver Du Rieu |
| Asked for | $50,000 for 5% equity |
| Company name | La Mule |
| Final deal | None |
| Shark | None |
| Location | Australia |
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La Mule Founder
Oliver Du Rieu found La Mule in 1996. La Mule’s founder, Oliver Du Rieu, has a net worth of $9 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | Appeared on Shark Tank season 01 |
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 La Mule and its continued success.
