The Beanies Net Worth 2024 Update (Before & After Shark Tank)

The Beanies Net Worth Update (Before & After Shark Tank)

The Beanies’ net worth was $300,000 in 2023 based on the Shark Tank deal. The Beanies, an Australian children’s music group, was started by Laura Dawson, Miriam Rizvi, and Michael Yore in 2016.

In 2023, they appeared on Season 5 of Shark Tank Australia and made a deal with Jane Lu, Robert Herjavec, and Davie Fogarty, $150,000 for 50% of equity.

After a compelling pitch and winning a deal, it appears that Beanies gained more attention. Their music videos are cast on ABC Kids. They also do shows and podcasts for children of ages 3-7. To learn more about this music group you can head to their official website.

The Beanies Net Worth

Net worth$300,000 (2023)
Annual Sales RevenueNot available  
ProfitsNot available 
Lifetime salesNot available 
InvestorsJane Lu, Robert Herjavec, and Davie Fogarty
Investment$150,000 for 50% equity
FoundersLaura Dawson, Miriam Rizvi, and Michael Yore
Employees4

The Beanies Net Worth Timeline

Net Worth 2024Not available 
Net worth valuation in 2023 after appearing on Shark Tank  $300,000
Net worth valuation in 2023 before appearing on Shark Tank  $1.5 million 

The Beanies Pitch on Shark Tank

ProductAustralian children’s music group
EpisodeSeason 05 Episode 04
Founders Laura Dawson, Miriam Rizvi, and Michael Yore
Asked for$150,000 for 10% equity
Company nameThe Beanies
Final deal$150,000 for 50% equity
SharksJane Lu, Robert Herjavec, and Davie Fogarty
LocationSydney

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The Beanies Founders

Laura Dawson, Miriam Rizvi, and Michael Yore founded The Beanies in 2016. This trio met performing in theatres. Their passion and enthusiastic personalities led the way to create their own show business for kids. The Beanies’s founders Laura Dawson, Miriam Rizvi, and Michael Yore’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2023The business was featured on Shark Tank Australia and secured a deal.

By the time of the pitch, they’ve done over 350 shows. 

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 The Beanies and its continued success.

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