The Party People, a party supplies company, was started by Dean Salakas in 1985.  As of January 2024, The Party People net worth is $8 million and they’re pulling in a whopping $6.5 million in annual revenue. 

In 2015 they appeared on season 1 of Shark Tank Australia seeking $400,000 for 5% of equity valuing the company at $8 million. But the Sharks didn’t pay interest on investing in The Party People. Sharks were not satisfied with the scope of audience that the founder targeted. 

The Party People are still in business as of 2023. Their prior business, a clown rental company they operated out of their homes, was too big for them to manage. The company began operations in 1985 in Sans Souci, New South Wales, with a modest storefront. Over the ensuing years, the retail business expanded. They also provide their service through their official website as well. 

The Party People Net Worth

Net worth$8 million (2023)
Annual Sales Revenue$6.5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderDean Salakas
EmployeesNot publicly available

The Party People Net Worth Timeline

Net Worth 2024$8 million 
Net Worth 2022$8 million 
Net worth valuation 2015 after appearing on Shark Tank  N/E
Net worth valuation 2015  before appearing on Shark Tank  $8 million

The Party People Pitch on Shark Tank

ProductA party supplies company
EpisodeSeason 01 Episode 07
Founder Dean Salakas
Asked for$400,000 for 5% equity
Company nameThe Party People
Final dealNone
Shark None
LocationSydney 

Don’t miss these product from Season  Season 1

The Party People Founder

Dean Salakas found The Party People in 2015. The Party People’s founder, Dean Salakas, has a net worth of $8 million as of 2024.

Key accomplishments

Year Accomplishment
2015Appeared on Shark Tank season 01
2016Generated publicity and attracted other investors or customers, contributing to their growth.

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 Party People and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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