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The Mad Optimist Net Worth 2023 Update (Before & After Shark Tank)

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
Profits
Lifetime sales$800,000
Shark Tank InvestorMark Cuban
FounderAnthony Duncan, Mohamed A., and Mohamed M. Mahdi
Employees6 employees

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 nameThe Mad Optimist
ProductOrganic soaps and personal care products
EpisodeSeason 11 Episode 24
FoundersAnthony Duncan, Mohamed A., and Mohamed M. Mahdi
Asked for$60,000 for 10% Equity
Final deal$60,000 for 20% Equity
Shark Mark Cuban 
LocationTerre 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.

Key accomplishments

YearAccomplishment
2015Featured in Shape magazine as one of the  “100 Best Body Care Products of 2015.”
2018Featured in The New York Times as one of the “10 Best Natural Body Care Products.”
2020Appeared on Shark Tank season 11 and Mark Cuban invested $60,000 for 20% 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 Mad Optimist and its continued success.

What do you think?

Written by GAG Team

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