"Tower Paddle" Net Worth 2023 Update
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Tower Paddle Net Worth 2023 Update (Before & After Shark Tank)

Tower Paddle, a Stand-Up Paddle Board, was started by Stephan Aarstol in 2010. As of September 2023, Tower Paddle’s net worth is $20 Million and they’re pulling in a whopping $5 Million in annual revenue. 

On March 16, 2012, they appeared on Season 3 of Shark Tank USA and made a deal with Mark Cuban, for $150,000 For 30% of equity. The final valuation was $500,000, down from the founder’s initial estimate of $1.5 Million.

Tower Paddle company is still in business, their products are available on the official website and Amazon.

Tower Paddle Net Worth

Net worth$20 Million (2023)
Annual Sales Revenue$5 Million (2022)
Profits
Lifetime sales$10 million
InvestorMark Cuban
FounderStephan Aarstol
Employees10 to 25

Tower Paddle Net Worth Timeline

Net Worth 2023$20 Million
Net Worth 2022$15 Million
Net Worth 2021$12 Million
Net Worth 2020$8 Million
Net worth valuation in 2012 after appearing on Shark Tank  $500,000
Net worth valuation in 2012 before appearing on Shark Tank  $1.5 Million

Tower Paddle Pitch on Shark Tank

Company nameTower Paddle
ProductStand-Up Paddle Boards
EpisodeSeason 03 Episode 09
Founder Stephan Aarstol
Asked for$150,000 For 10%
Final deal$150,000 For 30%
SharkMark Cuban
LocationSan Diego, California, 92109, United States

Don’t miss these products from Season 3

Tower Paddle Founder

Tower Paddle was founded by Stephan Aarstol in 2010. He has over two decades of experience in the telecommunication industry. He has put a lot of effort into making his dream come true. Tower Paddle’s founder, Stephan Aarstol, has a net worth of USD 20 Million as of 2023.

Key accomplishments

YearAccomplishment
2023Tower Paddle Boards has sold over 100,000 boards
2012Tower Paddle Boards appeared on the shark tank

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 of Tower Paddle and its continued success.

What do you think?

Written by GAG Team

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