Mike Fox and Pat Hughes created The Wingman, a slim, inflatable life jacket designed for water sports enthusiasts.
In 2018, they appeared on Shark Tank seeking $200,000 for 12.5% equity but left without securing a deal. Despite this, The Wingman has thrived, expanding its product line to include apparel and hydration bladders.
As of 2025, the company generates approximately $1.5 million in annual revenue, and net worth is approximately $1 million. Their innovative design continues to gain popularity among water sports enthusiasts.
The Wingman Life Jacket Net Worth
Net worth | $1 million (2025) |
Annual Sales Revenue | $1.5 million (2025) |
Lifetime sales | Not publicly available |
Investor | None |
Founder | Mike Fox and Pat Hughes |
Employees | Not publicly available |
The Wingman Life Jacket Pitch on Shark Tank
Company name | The Wingman Life Jacket |
Product | Life Jackets |
Episode | Season 9 Episode 19 |
Founders | Mike Fox and Pat Hughes |
Asked for | $200,000 for 12.5% equity |
Final deal | None |
Shark | None |
Location | USA |
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The Wingman Life Jacket Founders
Mike Fox and Pat Hughes found The Wingman Life Jacket in 2008. They are two lifelong friends and adventure seekers.
They both grew up in Milwaukee, Wisconsin, and they have been passionate about water sports since they were children.The Wingman Life Jacket’s founders, Mike Fox and Pat Hughes, have a net worth of $1 million as of 2025.
Key accomplishments
Year | Accomplishment |
2018 | Appeared on Shark Tank season 09. |
2019 | The Wingman Life Jacket is featured in an article in The New York Times Magazine. |
2020 | The Wingman Life Jacket is named one of the best new products of the year by Men’s Health Magazine. |
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 Wingman Life Jacket and its continued success.