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Le-Glue Net Worth 2024 Update (Before & After Shark Tank)

Le-Glue, a temporary glue, was started by Tripp Phillips and Lee Phillips in 2015. As of June 2024, Le-Glue’s net worth is $1.6 million and they’re pulling in a whopping $3 million in annual revenue. 

In October 2019, they appeared on Season 10th of Shark Tank USA and made a deal with Kevin O’ Leary, $80,000 for 20% equity. The final valuation was $400K, down from the founder’s initial estimate of $500K.

The company keeps reaching its money goals, and you can easily find its products on its website and Amazon. It seems the company is still running.

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Le-Glue Net Worth

Net worth$1.6 million (2024)
Annual Sales Revenue$3 million (2024)
Profits$1.5 million
Lifetime SalesNot available
Shark Tank InvestorKevin O’ Leary
FounderTripp Phillips and Lee Phillips
Employees

Le-Glue Net Worth Timeline

Net Worth 2024$1.6 million 
Net Worth 2023$1.6 million
Net Worth 2022$1.8 million
Net worth valuation in 2019 after appearing on Shark Tank$400,000
Net worth valuation in 2019 before appearing on Shark Tank$500,000

Le-Glue Pitch on Shark Tank

Company nameLe-Glue
ProductGlue Adhesive for Kids
EpisodeSeason 10 Episode 01
Founders Tripp Phillips and Lee Phillips
Asked for$80,000 for 15% equity
Final deal$80,000 for 20% equity
SharkKevin O’ Leary
LocationGeorgia, United States 

Don’t miss these products from Season 10

Le-Glue Founders

Le-Glue was founded by Tripp Phillips and Lee Phillips in 2015. Tripp and Lee invented the product in 2014 when Tripp’s third-grade teacher asked the class to create something new. Le-Glue’s founders, Tripp Phillips and Lee Phillips’ have a net worth above $1.6 million as of 2024.

Key accomplishments

YearAccomplishment
2019The company was appeared on Shark Tank.
2022In July 2022, the company made more than $1.2 million in sales, and they were selling about 15,000 units every month.

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 Le-Glue and its continued success.

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Written by GAG Team

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