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) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | None |
Founder | Mike Fox and Pat Hughes |
Employees | Not 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 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 |
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
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.