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)|
|Employees||20 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
|Product||Shampoo balls that reduce plastic waste|
|Episode||Season 07 Episode 18|
|Asked for||$100,000 for 20% equity|
|Final deal||$100,000 for 25% equity|
|Location||Palm Bay, FL|
Don’t miss these products from Season 7
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.
|2023||Nohbo has developed cutting-edge hydrofill technology|
|2016||Nohbo appeared on Shark Tank|
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.