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 Revenue | Not available |
| Profits | Not available |
| Lifetime sales | Not available |
| Investor | Emma Grede and Mark Cuban |
| Investment | $150,000 for 15% equity + 5% advisory shares |
| Founder | Dawn 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
| Product | A hair styling tool for textured hair |
| Episode | Season 15 Episode 19 |
| Founder | Dawn Myers |
| Asked for | $150,000 for 10% equity |
| Company name | Richualist |
| Final deal | $150,000 for 15% equity + 5% advisory shares |
| Sharks | Emma Grede and Mark Cuban |
| Location | Washington, 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
| Year | Accomplishment |
| 2023 | Winner of “Invention of the Year – Technical.ly Awards” |
| 2024 | The 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.
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