The Christmas Tree Hugger Net Worth 2024 Update (Before & After Shark Tank)
The Christmas Tree Hugger, Christmas Tree Accessory business, was started by Ryan Kenny in July 2016. As of June 2024, The Christmas Tree Hugger net worth is $5 million. And they’re pulling in a whopping $500,000 in annual revenue.
In 2018, they appeared on season 9 of Shark Tank USA, seeking $100,000 for 20% of equity, valuing the company at $500,000. There were several reasons to reject this business. Lori Greiner dropped it as he was not very confident in this product. And other sharks dropped this business, too, because they do not believe this item will solve significant problems in the Christmas season.
Despite not being selected for Shark Tank, Christmas Tree Hugger is still in business. If you want to decorate your Christmas tree with their items, you can purchase them online from their official website, Walmart, or Amazon store.
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Join Us TodayThe Christmas Tree Hugger Net Worth
| Net worth | $5 million |
| Annual Sales Revenue | $500,000 |
| Profits | $110,000 |
| Lifetime sales | Not available |
| Shark Tank Investor | None |
| Founder | Ryan Kenny |
| Employees | 25 employees |
The Christmas Tree Hugger Net Worth Timeline
| Net Worth 2024 | $5 million |
| Net Worth 2023 | $2.5 million |
| Net Worth 2022 | $1 million |
| Net worth valuation in 2018 before appearing on Shark Tank | $500,000 |
The Christmas Tree Hugger Pitch on Shark Tank
| Company name | The Christmas Tree Hugger |
| Product | Christmas Tree Accessory |
| Episode | Season 9 Episode 13 |
| Founder | Ryan Kenny |
| Asked for | $100,000 for 20% equity |
| Final deal | None |
| Shark | None |
| Location | Dacula, Georgia |
Don’t miss these products from Season 9
The Christmas Tree Hugger Founder
The Christmas Tree Hugger was founded by Ryan Kenny in 2016. He has made a simple and worthy solution to hide the plastic base of Christmas trees and give an artistic touch. The Christmas Tree Hugger’s founder, Ryan Kenny’s net worth is unknown as of 2024. However, the company has an estimaed net worth of $5 million as of 2024. One of the main worth of Ryan is The Christmas Tree Hugger. Therefore, his current net worth should be above $5 million.
Key accomplishments
| Year | Accomplishment |
| 2018 | Appeared on shark tank season 9. Despite not being selected, it got a high customer recognition and increased sales by that. |
| 2021 | Expanded the business to sell their products in walmart and amazon. |
| 2022 | Achieved an annual revenue of $500,00. |
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 Christmas Tree Hugger and its continued success.
