Mensch on a Bench Net Worth 2024 Update (Before & After Shark Tank)

As of 2024, Mensch on a Bench has a net worth of $1 million and generates $930,000 in annual revenue​.
Shark-Tank-US-Net-worth-UpdateMensch-on-a-Bench

Mensch on a Bench, created by Neal Hoffman, is a Jewish-themed holiday toy inspired by Elf on the Shelf. After appearing on Shark Tank in 2014, Hoffman secured a $150,000 investment from Lori Greiner and Robert Herjavec for 15% equity.

The company has since expanded its product line to include books, plush toys, and games. Although Mensch on a Bench has not been acquired, it has enjoyed steady growth.

As of 2024, Mensch on a Bench has an approximate net worth of $1 million. The brand remains a popular seasonal product, with ongoing annual sales around $930,000 and a growing fanbase.

Mensch on a Bench Net Worth

Estimated Net worth$1 million (2024)
Annual Sales Revenue$930,000 (2024)
Lifetime sales$3 million
InvestorsLori Greiner and Robert Herjavec
FounderNeal Hoffman
Employees10 to 30

Mensch on a Bench Pitch on Shark Tank

Company nameMensch on a Bench
ProductHanukkah gifts for children
EpisodeSeason 06 Episode 12
FounderNeal Hoffman
Asked for$150,000 for 10% equity
Final deal$150,000 for 15% equity + Guaranteed Payback of Money within 3 Years
SharksLori Greiner and Robert Herjavec
LocationCincinnati, Ohio, United States

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Mensch on a Bench Founder

Neal Hoffman founded Mensch on a Bench in 2012. He got the idea to start this business after his Jewish children asked for an Elf for Christmas-themed toy shop. He is now very popular among the Jewish community because of the toys. Mensch on a Bench’s founder, Neal Hoffman, has a net worth around $5 million as of 2024.

Key accomplishments

YearAccomplishment
2023Mensch on a Bench become the best-selling Jewish toy brand.
2014The Mensch on a Bench appeared on Shark Tank.

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 Mensch on a Bench and its continued success.