The Mad Optimist, the organic soaps and personal care products business, was started by Anthony Duncan, Mohamed A., and Mohamed M. Mahdi in September 2012. As of September 2023, The Mad Optimist net worth is $3 million. And they’re pulling in a whopping $1 million in annual revenue.
In May 2020, they appeared on season 11 of Shark Tank USA. And made a deal with Mark Cuban, for $60,000 for 20% of equity. The final valuation was $300K, down from the founder’s initial estimate of $600K.
The Mad Optimist is still alive in September 2023. They are selling their products in online stores and retail stores as well. If you are willing to try their body care products, you can visit their official website and purchase them online.
The Mad Optimist Net Worth
|Net worth||$3 million|
|Annual Sales Revenue||$1 million|
|Shark Tank Investor||Mark Cuban|
|Founder||Anthony Duncan, Mohamed A., and Mohamed M. Mahdi|
The Mad Optimist Net Worth Timeline
|Net Worth 2023||$3 Million|
|Net Worth 2022||$2.8 Million|
|Net worth valuation 2020 after appearing on Shark Tank||$300K|
|Net worth valuation 2020 before appearing on Shark Tank||$600K|
The Mad Optimist Pitch on Shark Tank
|Company name||The Mad Optimist|
|Product||Organic soaps and personal care products|
|Episode||Season 11 Episode 24|
|Founders||Anthony Duncan, Mohamed A., and Mohamed M. Mahdi|
|Asked for||$60,000 for 10% Equity|
|Final deal||$60,000 for 20% Equity|
|Location||Terre Haute, Indiana|
The Mad Optimist Founders
The Mad Optimist was founded by Anthony Duncan, Mohamed A., and Mohamed M. Mahdi in 2020. Anthony Duncan is the CEO of The Mad Optimist company. He is a graduate of Indiana University with a degree in business administration. At the same time, Mohammed is the CTO of the company, and he is a graduate of Indiana University with a degree in computer science. The other co-founder, Dr. Mahdi, is the chief scientific advisor of the company. He is a doctor of pharmacy and has a PhD in natural products chemistry. The Mad Optimist’s founders, Anthony Duncan, Mohamed A., and Mohamed M. Mahdi have a net worth of 2.4 million USD as of 2023.
|2015||Featured in Shape magazine as one of the “100 Best Body Care Products of 2015.”|
|2018||Featured in The New York Times as one of the “10 Best Natural Body Care Products.”|
|2020||Appeared on Shark Tank season 11 and Mark Cuban invested $60,000 for 20% Equity|
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 Mad Optimist and its continued success.