Ornament Anchor Net Worth 2023 Update (Before & After Shark Tank)

Ornament Anchor, secure ornament hangers, was started by Sofia, Amanda, Ayaan, Hamza, and Mika’il Naqvi in 2020. As of December 2023, Ornament Anchor net worth is $800,000 and they’re pulling in a whopping $1 million in annual revenue. 

In 2021 they appeared on season 13 of Shark Tank USA seeking $90,000 for 5% of equity valuing the company at $1.8 million. But the Sharks were not interested in investing in Ornament Anchor. The overall market for ornament anchors is likely small, and the product may not have enough potential for growth.

Ornament Anchor is still in business as of December 2023. Despite not getting a deal on Shark Tank, the company has continued to grow and be successful. You can visit their official website

Ornament Anchor Net Worth

Net worth$800,000 (2023)
Annual Sales Revenue$1 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderSofia, Amanda, Ayaan, Hamza, and Mika’il Naqvi
EmployeesNot publicly available

Ornament Anchor Net Worth Timeline

Net Worth 2023$800,000
Net Worth 2022$800,000
Net worth valuation 2021 after appearing on Shark Tank  N/E
Net worth valuation 2021 before appearing on Shark Tank  $1.8 million

Ornament Anchor Pitch on Shark Tank

ProductSecure ornament hangers
EpisodeSeason 13 Episode 08
Founders Sofia, Amanda, Ayaan, Hamza, and Mika’il Naqvi
Asked for$90,000 for 5% equity
Company nameOrnament Anchor
Final dealNone
Shark None
LocationTrumbull CT 06611, United States

Don’t miss these product from Season 13

Ornament Anchor Founders

Ornament Anchor was founded by Sofia, Amanda, Ayaan, Hamza, and Mika’il Naqvi in 2020. The youngest founder and inventor of the Ornament Anchor. Ayaan’s older brother who assists with business operations, marketing, and sales. He also helps manage the company’s social media presence and public relations. Ornament Anchor’s founders, Sofia, Amanda, Ayaan, Hamza, and Mika’il Naqvi, have a net worth of $800,000 as of 2023.

Key accomplishments

YearAccomplishment
2021Appeared on Shark Tank season 13 
2022The company participates in charity events and gives back to the community, showcasing its social responsibility.
2023The company maintains excellent customer reviews, solidifying its reputation for quality and innovation.

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 Ornament Anchor and its continued success.