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Rapid Ramen Cooker Net Worth 2023 Update (Before & After Shark Tank)

Rapid Ramen Cooker, a Microwave ramen cooker, was started by Chris Johnson in 2012. As of October 2023, Rapid Ramen Cooker’s net worth is $5 Million and they’re pulling in a whopping $2 million in annual revenue.

On October 4, 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban, for $150,000 for 15% equity. The final valuation was $1 Million, down from the founder’s initial estimate of $2 Million.

Rapid Ramen Cooker is still in business. Their products are available on the official website and Amazon.

Rapid Ramen Cooker Net Worth

Net worth$5 Million (2023)
Annual Sales Revenue$2 million (2022)
Profits
Lifetime sales$55 Million (2023)
InvestorMark Cuban
FounderChris Johnson
Employees10 to 25

Rapid Ramen Cooker Net Worth Timeline

Net Worth 2023$5 Million
Net Worth 2022$4 Million
Net Worth 2021$3 Million
Net Worth 2020$2 Million
Net worth valuation in 2013 after appearing on Shark Tank  $1 Million
Net worth valuation in 2013 before appearing on Shark Tank  $2 Million

Rapid Ramen Cooker Pitch on Shark Tank

Company nameRapid Ramen Cooker
ProductMicrowave ramen cooker
EpisodeSeason 05 Episode 03
FounderChris Johnson
Asked for$300,000 in exchange for 10% equity
Final deal$150,000 for 15% equity, plus another $150,000 as a loan
SharkMark Cuban
LocationGerber Road, Sacramento, CA

Don’t miss these products from Season 5

Rapid Ramen Cooker Founder

Rapid Ramen Cooker was founded by Chris Johnson in 2012. He wants to make a device to cook Ramen perfectly. He is very passionate about business. Rapid Ramen Cooker’s founder, Chris Johnson, has a net worth of USD 5 Million as of 2023.

Key accomplishments

YearAccomplishment
2023The Rapid Ramen Cooker is now upgraded to cook ramen noodles in just 4 minutes
2013The Rapid Ramen Cooker Appeared in 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 of Rapid Ramen Cooker and its continued success.

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Written by GAG Team

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