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Obvious Wines Net Worth 2023 Update (Before & After Shark Tank)

Obvious Wines, wine Production, was started by Brice Baillie in 2018. As of November 2023, Obvious Wines net worth is $11 million and they’re pulling in a whopping $1.3 million in annual revenue. 

In January 2019, they appeared on season 10 of Shark Tank USA. And made a deal with Lori Greiner, for $160,000 for 12.5% of equity. The final valuation was $1.28 million, down from the founder’s initial estimate of $3 million.

Obvious Wines is still in business as of November 2023. Obvious Wines is known for its simplified labeling and its focus on sustainably farmed, vegan wines. To know more details about their business, visit their official website

Obvious Wines Net Worth

Net worth$11 million (2023)
Annual Sales Revenue$1.3 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorLori Greiner
FounderBrice Baillie
EmployeesNot publicly available

Obvious Wines Net Worth Timeline

Net Worth 2023$11 million
Net Worth 2022$11 million
Net worth valuation 2019 after appearing on Shark Tank  $1.28 million
Net worth valuation 2019 before appearing on Shark Tank  $3 million

Obvious Wines Pitch on Shark Tank

Company nameObvious Wines
ProductWine Production
EpisodeSeason 10 Episode 12
Founder Brice Baillie
Asked for$150,000 for 5% equity
Final deal$160,000 for 12.5% equity
Shark Lori Greiner
LocationVenice, California

Don’t miss these product from Season 10

Obvious Wines Founder

Brice Baillie found Obvious Wines in 2018. Baillie, originally from the Champagne region of France, moved to the United States to pursue a career in finance. However, his love for wine never waned. And he found himself increasingly frustrated by the complex and intimidating nature of the wine industry. Obvious Wines’s founder, Brice Baillie, has a net worth of $3.5 million as of 2023.

Key accomplishments

YearAccomplishment
2019Appeared on Shark Tank season 10 and  Lori Greiner invested $160,000 for 12.5% equity 
2021Launched Lifetime Subscription program
2022Expanded distribution to several new states

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 Obvious Wines and its continued success.

What do you think?

Written by GAG Team

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