Thompson Tee Net Worth 2024 Update (Before & After Shark Tank)

Billy Thompson and Randy Choi founded Thompson Tee in 2011 to combat excessive underarm sweating with their patented sweat-proof undershirts.

Appearing on Shark Tank in 2017, they secured a $700,000 deal for 25% equity with Robert Herjavec, though the partnership was not finalized.

As of 2024, Thompson Tee boasts an estimated net worth of $30.1 million, generating annual revenues of $10 million.

The company has expanded its product line to include various styles and colors, maintaining a strong market presence and commitment to quality.

Thompson Tee Net Worth

Thompson Tee Pitch on Shark Tank

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Thompson Tee Founders

Billy Thompson and Randy Choi founded Thompson Tee in 2011. After completing his master’s degree in Marketing, Billy explored multiple career ventures in the Marketing and Sales industries. He has been serving as the President of Thompson Tee for 12 years. Randy is Billy’s business partner and the co-founder of Thompson Tee. Randy holds a degree in International Business and Marketing. Thompson Tee’s founders, Billy Thompson and Randy Choi’s net worths are unknown as of 2024. However, according to the deal of the Shark Tank pitch, they had 75% equity in the company. One of the main worth of Billy Thompson and Randy Choi is Thompson Tee. Therefore they should have over $2.1 million net worth as of 2024.

Key accomplishments

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 Thompson Tee and its continued success.