“Lite Netics” Net Worth 2023 Update  (Before & After Shark Tank)

“Lite Netics” got featured on Shark Tank America in December 2013. It has a net worth of around 1 Million USD as of 2023. Since appearing on Shark Tank, Lite Netics has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of 1 Million USD.

Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.” 

Lite Netics’s Net worth before appearing on Shark Tank625,000 USD (business valuation)
Lite Netics’s Current Net worth (2023) 1 Million USD
EpisodeSeason 05 Episode 12
Company nameLite Netics
ProductMagnetic holiday lights
FounderShawn Genenbacher
Asked for$125,000 for 20% Equity
Final dealOffer Declined
SharkNo shark 
Business statusIn Business
LocationLubbock, Texas

Lite Netics’s founders, Shawn Genenbacher, have a net worth of 1 Million USD as of 2023.


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 Lite Netics and its continued success.