The Mission Belt Net Worth 2024 Update (Before & After Shark Tank)

As of 2024, Mission Belt is valued at $25 million with annual revenue of $5 million.
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Mission Belt, founded by Nate Holzapfel, gained attention on Shark Tank in 2013, securing a $50,000 investment from Daymond John for 37.5% equity.

Known for its no-hole belts and focus on fighting poverty through microloans, the company has grown steadily since. As of 2024, Mission Belt is valued at approximately $25 million.

The business has expanded its product line and continues to thrive without any major acquisitions. The company’s success highlights its commitment to both fashion and philanthropy.

The Mission Belt Net Worth

Estimated Net worth$25 million (2024)
Annual Sales Revenue$5 million (2024)
Lifetime salesNot publicly available
InvestorDaymond John
FounderNate Holzapfel 
EmployeesNot publicly available

The Mission Belt Pitch on Shark Tank

Company nameThe Mission Belt
ProductEasily adjustable notchless belt
EpisodeSeason 04 Episode 22
FounderNate Holzapfel
Asked for$50,000 for 20% Equity
Final deal$50,000 for 38% Equity
SharkDaymond John
LocationOrem, Utah

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The Mission Belt Founder

The Mission Belt was founded by Nate Holzapfel in 2011. Nate Holzapfel was the CEO of the company and appeared on ABC’s Shark Tank in 2012 to pitch the business. He was able to negotiate a deal with fashion brand icon Daymond John. The Mission Belt’s founder, Nate Holzapfel, has a net worth of $25 million as of 2024.

Key accomplishments

YearAccomplishment
2013Appeared on Shark Tank season 04 and  Daymond John invested $50,000 for 38% equity.
2014Mission Belt expands its distribution to include major retailers such as Nordstrom and Macy’s.
2021Mission Belt announces that it has sold over 1 million belts.

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 Mission Belt and its continued success.