Richualist Net Worth Update (Before & After Shark Tank)
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Richualist Net Worth 2024 Update (Before & After Shark Tank)

Richualist’s net worth is $8 million as of January 2024. The company’s current annual revenue has not been disclosed. Richualist is a hair styling tool for textured hair. Dawn Myers founded this in 2022.

In April 2024, they appeared on season 15 of Shark Tank USA and made a deal with Emma Grede and Mark Cuban, for $150,000 for 15% equity + 5% advisory shares. The final valuation was $750,000, down from the founder’s initial estimate of $1.5 million.

With the appearance of the show, Dawn’s business received more visibility on the market. She could also secure additional investments following the show which helped to a rapid boost in company sales. At the moment, their products are available for pre-orders on the company website.

Richualist Net Worth

Net worth$8 million (2024)
Annual Sales RevenueNot available 
ProfitsNot available 
Lifetime salesNot available 
InvestorEmma Grede and Mark Cuban
Investment$150,000 for 15% equity + 5% advisory shares
FounderDawn Myers
Employees<10

Richualist Net Worth Timeline

Net Worth 2024$8 million
Net worth valuation in 2024 after appearing on Shark Tank  $750,000
Net worth valuation in 2024 before appearing on Shark Tank  $1.5 million

Richualist Pitch on Shark Tank

ProductA hair styling tool for textured hair
EpisodeSeason 15 Episode 19
Founder Dawn Myers
Asked for$150,000 for 10% equity
Company nameRichualist
Final deal$150,000 for 15% equity + 5% advisory shares
SharksEmma Grede and Mark Cuban
LocationWashington, Colombia District 

Don’t miss these products from Season 15

Richualist Founder

Dawn Myers founded Richualist in 2022. Dawn earned her bachelor’s degree from Boston College. She also holds a (J.D.) from the Howard University School of Law. Dawn is a passionate entrepreneur with years of experience. Richualist’s founder Dawn Myers’ net worth is not available. However, based on the Shark Tank deal, the company had an ownership of 80%. Therefore Dawn’s net worth approximately is $600,000.

Key accomplishments

YearAccomplishment
2023 Winner of “Invention of the Year – Technical.ly Awards” 
2024The company was featured on Shark Tank USA and secured a deal. 

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 Richualist and its continued success.

What do you think?

Written by GAG Team

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