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) |
| Investor | Mark Cuban |
| Founder | Chris Johnson |
| Employees | 10 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 name | Rapid Ramen Cooker |
| Product | Microwave ramen cooker |
| Episode | Season 05 Episode 03 |
| Founder | Chris Johnson |
| Asked for | $300,000 in exchange for 10% equity |
| Final deal | $150,000 for 15% equity, plus another $150,000 as a loan |
| Shark | Mark Cuban |
| Location | Gerber 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
| Year | Accomplishment |
| 2023 | The Rapid Ramen Cooker is now upgraded to cook ramen noodles in just 4 minutes |
| 2013 | The 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.
