The Wingman Life Jacket Net Worth 2023 Update (Before & After Shark Tank)

The Wingman Life Jacket was started by Mike Fox and Pat Hughes in 2008. As of November 2023, The Wingman Life Jacket net worth is $1 million and they’re pulling in a whopping $1.5 million in annual revenue. 

In 2018 they appeared on season 9 of Shark Tank USA seeking $200,000 for 12.5% of equity. Valuing the company at $1.6 million. But the Sharks were not interested in investing in The Wingman Life Jacket. The life jacket market is relatively small. And the sharks were concerned that there would not be enough room for a new player like Hyde Sportswear. 

The Wingman Life Jacket is still in business. They have also made some changes to their product and pricing. Visit their official website to buy their life jackets and other products. 

The Wingman Life Jacket Net Worth

Net worth$1 million (2023)
Annual Sales Revenue$1.5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorNone
FounderMike Fox and Pat Hughes
EmployeesNot publicly available

The Wingman Life Jacket Net Worth Timeline

Net Worth 2023$1 million
Net Worth 2022$1 million
Net worth valuation 2018 after appearing on Shark Tank  N/A
Net worth valuation 2018 before appearing on Shark Tank  $1.6 million 

The Wingman Life Jacket Pitch on Shark Tank

Company nameThe Wingman Life Jacket
ProductLife Jackets
EpisodeSeason 9 Episode 19
Founders Mike Fox and Pat Hughes
Asked for$200,000 for 12.5% equity
Final dealNone
Shark None
LocationUSA

Don’t miss these product from Season 09

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 2023.

Key accomplishments

YearAccomplishment
2018Appeared on Shark Tank season 09
2019The Wingman Life Jacket is featured in an article in The New York Times Magazine.
2020The 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.