Ryan Kenny founded The Christmas Tree Hugger in 2016 to enhance the appearance of artificial Christmas trees by concealing their bases with decorative sleeves.
Despite not securing a deal on Shark Tank in 2017, the company experienced significant growth, achieving an estimated net worth of $5 million by 2024 and generating approximately $500,000 in annual revenue.
The product is now available through major retailers such as Home Depot, Walmart, and Amazon, reflecting its sustained success in the holiday decor market.
The Christmas Tree Hugger Net Worth
Estimated 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 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.