NOHBO, a Shampoo ball that reduces plastic waste, was started by Benjamin Stern in 2014. As of March 2024, NOHBO’s net worth is $2 Million and they’re pulling in a whopping $1 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 | $2 Million (2024) |
Annual Sales Revenue | $1 Million (2023) |
Profits | – |
Lifetime sales | – |
Investor | Mark Cuban |
Founder | Benjamin Stern |
Employees | 23 |
NOHBO Net Worth Timeline
Net Worth 2024 | $2 Million |
Net Worth 2023 | $1 Million |
Net Worth 2022 | $400,000 |
Net worth valuation in 2016 after appearing on Shark Tank | $400,000 |
Net worth valuation in 2016 before appearing on Shark Tank | $500,000 |
NOHBO Pitch on Shark Tank
Company name | NOHBO |
Product | Shampoo balls that reduce plastic waste |
Episode | Season 07 Episode 18 |
Founder | Benjamin Stern |
Asked for | $100,000 for 20% equity |
Final deal | $100,000 for 25% equity |
Shark | Mark Cuban |
Location | Palm Bay, FL |
Don’t miss these products from Season 7
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 $1.5 Million as of 2024.
Key accomplishments
Year | Accomplishment |
2023 | Nohbo has developed cutting-edge hydrofill technology |
2016 | Nohbo 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.