Rick Smith Vegas Magic Net Worth 2023 Update (Before & After Shark Tank)

"Rick Smith Vegas Magic" Net Worth 2023 Update

Rick Smith Vegas Magic, Vegas magic show Starring Rick Smith, was started by Rick Smith in 2012. Rick Smith Vegas Magic net worth was 7.5 million at the time of their pitch in 2012 based on the $1,500,000 offer for an 20% of equity of the company. 

They appeared on season 03 of Shark Tank USA in 2012. But the Sharks were not interested in investing in Rick Smith Vegas Magic. ick didn’t have a lot of experience in the entertainment industry. He was a magician, but he had never produced a show on a large scale.

In 2023, Rick Smith Vegas Magic is not in business.

Rick Smith Vegas Magic Net Worth

Net worth$7.5 million (2012)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderRick Smith
Employees

Rick Smith Vegas Magic Net Worth Timeline

Net Worth 2023
Net Worth 2022
Net worth valuation 2012 after appearing on Shark Tank  N/A
Net worth valuation 2012 before appearing on Shark Tank  $7.5 million

Rick Smith Vegas Magic Pitch on Shark Tank

ProductVegas magic show Starring Rick Smith
EpisodeSeason 03 Episode 04
Founder Rick Smith
Asked for$1,500,000 For 20% Equity
Company nameRick Smith Vegas Magic
Final dealNone
SharkNone
LocationUSA

Don’t miss these product from Season 03

Rick Smith Vegas Magic Founder

Rick Smith Vegas Magic was founded by Rick Smith in 2012. He is a professional illusionist and card thrower from Cleveland, Ohio. He has been performing magic since he was a child, and he has won numerous awards for his skills. The networth of Rick Smith Vegas Magic’s founder, Rick Smith is unknown as of 2023.

Key accomplishments

YearAccomplishment
2012Appeared on Shark Tank season 03
2014Produces a show at the Stratosphere Casino, Hotel & Tower in Las Vegas, Nevada.
2016Wins the “Magician of the Year” award from the Magic Castle in Los Angeles, California.

Conclusion

Some companies that appear on the show have not achieved great success, and the Rick Smith Vegas Magic was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Rick Smith Vegas Magic went out of business in 2020. And the product is no longer available in the market.