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Washed Up Hollywood Net Worth 2024 Update (Before & After Shark Tank)

Washed Up Hollywood Net Worth Update (Before & After Shark Tank)

Washed Up Hollywood’s net worth was $2 million at the time of their pitch in 2009 based on the $500,000 for 25% equity of the company. Washed Up Hollywood, a belt and belt buckle brand, was started by Danon Beres in 2008. 

They appeared on Season 1 of Shark Tank USA in 2009. But the Sharks were not interested in investing in Washed Up Hollywood. 

Although Danon could not secure a deal for his business, the exposure received from the show allowed him to continue it. However, it came to an end eventually. The product is not available in the market since 2021.

Washed Up Hollywood Net Worth

Net worth$2 million (2009) Business valuation 
Annual Sales Revenue$435,000 (2009)
Profits$50,000
Lifetime salesNot available 
InvestorNone 
investmentNone 
FounderDanon Beres 
Employees

Washed Up Hollywood Net Worth Timeline

Net Worth 2024Out of business
Net worth valuation in 2009 before appearing on Shark Tank  $2 million (Business valuation)

Washed Up Hollywood Pitch on Shark Tank

ProductA Belt and belt buckle brand
EpisodeSeason 01 Episode 08
Founder Danon Beres
Asked for$500,000 for 25% equity
Company nameWashed Up Hollywood
Final dealNo deal 
SharkNo shark
LocationTexas 

Don’t miss these products from Season 1

Washed Up Hollywood Founder

Danon Beres founded Washed Up Hollywood in 2008. Danon is a graduate of California State University. He has work experience in the sales and finance sectors. He is currently the senior sales manager at Huntress, a computer and network security firm. Washed Up Hollywood’s founder Danon Beres’ net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2009The company was featured in Shark Tank USA. 

Conclusion

Some companies that appear on the show have not achieved great success, and the Washed Up Hollywood was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Washed Up Hollywood went out of business in 2021. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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