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) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Lori Greiner |
| Founder | Brice Baillie |
| Employees | Not 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 name | Obvious Wines |
| Product | Wine Production |
| Episode | Season 10 Episode 12 |
| Founder | Brice Baillie |
| Asked for | $150,000 for 5% equity |
| Final deal | $160,000 for 12.5% equity |
| Shark | Lori Greiner |
| Location | Venice, 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
| Year | Accomplishment |
| 2019 | Appeared on Shark Tank season 10 and Lori Greiner invested $160,000 for 12.5% equity |
| 2021 | Launched Lifetime Subscription program |
| 2022 | Expanded 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.
