NOHBO Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateNOHBO

NOHBO, a Shampoo ball that reduces plastic waste, was started by Benjamin Stern in 2014. As of November 2023, NOHBO’s net worth of 2023 is $8 Million and they’re pulling in a whopping $8 Million in annual revenue.

On February 19, 2016, they appeared on Season 7 of Shark Tank USA and made a deal with Mark Cuban, for $100,000 for 25% equity. The final valuation was $400,000, down from the founder’s initial estimate of $500,000.

NOHBO is still in business. The goal of eliminating plastics from the world is on a positive level. Their products are available on the official website.

NOHBO Net Worth

Net worth$8 Million
Annual Sales Revenue$8 Million (2022)
Profits
Lifetime sales
InvestorMark Cuban
FounderBenjamin Stern
Employees20 to 49

NOHBO Net Worth Timeline

Net Worth 2023$8 Million
Net Worth 2022$400,000
Net Worth 2021$300,000
Net Worth 2020$200,000
Net worth valuation in 2016 after appearing on Shark Tank  $400,000
Net worth valuation in 2016 before appearing on Shark Tank  $500,000 Company valuation on Shark Tank

NOHBO Pitch on Shark Tank

Company nameNOHBO
ProductShampoo balls that reduce plastic waste
EpisodeSeason 07 Episode 18
FounderBenjamin Stern
Asked for$100,000 for 20% equity
Final deal$100,000 for 25% equity
SharkMark Cuban
LocationPalm Bay, FL

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NOHBO Founder

NOHBO was founded by Benjamin Stern in 2014. He wants to and aims to eliminate plastic. He started this project during high school. NOHBO’s founder, Benjamin Stern, has a net worth of $5 to $10 Million as of 2023.

Key accomplishments

YearAccomplishment
2023Nohbo has developed cutting-edge hydrofill technology
2016Nohbo 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 NOHBO and its continued success.