Lumio is one of the most successful products to come out of the hit TV show Shark Tank, and its founder, Max Gunawan, is the man behind the brilliant book that turns into a lamp. Max Gunawan, has a net worth of 27 Million USD as of 2023.
In this article, we’ll take a closer look at the quick facts you need to know about Max Gunawan and his journey to building a $30 million foldable magnetic lamp company.
|Full Name||Max Gunawan|
|Education||Bachelor of Arts, Architecture- Studio Arts. 1999-2003, NY/Paris program at Columbia University Graduate School of Architecture and Planning 2001- 2002.|
|Previous occupation||Gunawan spent a decade working as an architect in San Francisco before he launched Lumio.Sr. Project Manager- Jan 2007- mar 2010Project Manager – Jan 2005 – Jan 2007Job Captain – Jan 2004 – Jan 2005|
|Invention||Multifunctional modern lamp that unfolds from a book.This product is called Lito.|
|Shark Tank appearance||Season 6, episode 15|
|Shark Tank deal||$350,000 from Robert Herjavec in exchange for 10% equity in Lumio|
|Company headquarters||San Francisco, California.|
|Other products||Teno -Sculptural portable speaker, Lito- A lamp unlike no other.|
|Awards and recognition||Named as one of the Top 10 Most Innovative Crowdfunded Companies by Entrepreneur Magazine.This project grew into an award-winning bestseller, sold in more than 200 retailers across 30-plus countries. Lumio has been featured prominently in the New York Times and countless design publications, as well as New York’s Museum of Modern Art. It has won numerous awards, from Red Dot’s “Best of the Best,” Cannes Lions to Good Design Awards. Recently, he was featured as a speaker at a TEDx conference to share insight into his visionary ideas.2022 Good Design Award, The Chicago Athenaeum2022 Good Design Award, AustraliaProduct design Gold Winner2022 Red Dot Awards, Best Innovative Product|
|Net worth||$27 million (as of 2022)|
|Future plans||He has a 5-year goal: to create 5 objects like no others that are beautiful, use invisible, but cutting-edge technology, and, more than anything, are infused with emotion. After light, he moves on to sound; his next exceptional object, Teno, is now available for pre-orders!|
Whether you are an entrepreneur looking for inspiration or just curious about the story behind Lumio, there are always lessons to be learned from successful individuals like Max Gunawan. With a commitment to innovation, sustainability, and philanthropy, Gunawan is a true inspiration for entrepreneurs everywhere.