The Inappropriate Gift Co., humorous gifts to people with an inappropriate sense of humor, was started by Lori Phegan in 2016. As of January 2024, The Inappropriate Gift Co. net worth is $3 million. And they’re pulling in a whopping $1 million in annual revenue.
In May 2018, they appeared on season 4 of Shark Tank Australia. And made a deal with Naomi Simson, for $250,000 for 25% of equity. The final valuation was $1 million, same from the founder’s initial estimate of $1 million.
The Inappropriate Gift Co. is very much still in business and thriving as of 2024. Their website and social media (Instagram, Facebook) are regularly updated with new products, funny content, and customer engagement. They operate not only in Australia but also have a dedicated website and storefront for the UK.
The Inappropriate Gift Co. Net Worth
| Net worth | $3 million (2023) |
| Annual Sales Revenue | $1 million (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Naomi Simson |
| Founder | Lori Phegan |
| Employees | Not publicly available |
The Inappropriate Gift Co. Net Worth Timeline
| Net Worth 2024 | $3 million |
| Net Worth 2023 | $3 million |
| Net worth valuation 2018 after appearing on Shark Tank | $1 million |
| Net worth valuation 2018 before appearing on Shark Tank | $1 million |
The Inappropriate Gift Co. Pitch on Shark Tank
| Product | Humorous gifts to people with an inappropriate sense of humor |
| Episode | Season 04 Episode 01 |
| Founder | Lori Phegan |
| Asked for | $100,000 for 10% equity |
| Company name | The Inappropriate Gift Co. |
| Final deal | $250,000 for 25% equity |
| Shark | Naomi Simson |
| Location | Helensvale QLD 4212, Australia |
Don’t miss these product from Season 4
The Inappropriate Gift Co. Founder
Lori Phegan found The Inappropriate Gift Co. in 2016. The Inappropriate Gift Co.’s founder, Lori Phegan, has a net worth of $2 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2018 | Appeared on Shark Tank season 04 and Naomi Simson invested $250,000 for 25% equity |
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 Inappropriate Gift Co. and its continued success.
