LipStix ReMiX Net Worth 2023 Update (Before & After Shark Tank)

"LipStix ReMiX" Net Worth 2023 Update

LipStix ReMiX, a lipstick repair kit, was started by Jill Quillin in 2009. LipStix ReMiX net worth was $210,000 in 2010 based on the Shark Tank deal.

In 2010 they appeared on season 01 of Shark Tank USA and made a deal with Kevin Harrington, Barbara Corcoran, and Daymond John, $105,000 for 50% of equity.

LipStix ReMiX is no longer in business. The company closed its doors in 2013, after a successful run on Shark Tank. The founder, Jill Zarin, never publicly explained why she decided to close the business, but it is speculated that she may have been struggling to keep up with demand or that she was unable to find a suitable investor.

LipStix ReMiX Net Worth

Net worth$210,000 (2010)
Annual Sales Revenue$1 million (2010)
Profits
Lifetime sales
InvestorKevin Harrington, Barbara Corcoran, and Daymond John
FounderJill Quillin 
Employees

LipStix ReMiX Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2010 after appearing on Shark Tank  $210,000
Net worth valuation 2010 before appearing on Shark Tank  $350,000

LipStix ReMiX Pitch on Shark Tank

Company nameLipStix ReMiX
ProductLipstick repair kit
EpisodeSeason 01 Episode 13
Founder Jill Quillin
Asked for$105,000 for 30% Equity
Final deal$105,000 for 50% Equity 
SharksKevin Harrington, Barbara Corcoran, and Daymond John
LocationUSA

Don’t miss these product from Season 01

LipStix ReMiX Founder

Jill Quillin found LipStix ReMiX in 2009. Jill was a successful entrepreneur with a passion for beauty and cosmetics. She was also a frugal shopper, and she hated wasting money on lipstick that she didn’t use. The networth of LipStix ReMiX’s founder, Jill Quillin,is unknown as of 2023.

Key accomplishments

YearAccomplishment
2009Appeared on Shark Tank season 01 and Kevin Harrington, Barbara Corcoran, and Daymond John invested $105,000 for 50% equity
2011LipStix ReMiX wins the “Best New Product” award from the American Beauty Association.
2012LipStix ReMiX is featured in Forbes magazine as one of the “10 Best Beauty Products for Women on the Go.”

Conclusion

Some companies that appear on the show have not achieved great success, and the LipStix ReMiX 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,  LipStix ReMiX went out of business in 2013. And the product is no longer available in the market.

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