Wondry Wine, is a natural wine made of organic berries, citrus, and exotic fruits. The business was started by Whitney Gates and Chaz Gates in 2020. As of September 2023, Wondry Wine net worth is $1.5 million. They are pulling in a whopping $500,000 in annual revenue.
In November 2022, they appeared on Season 14 of Shark Tank USA and made a deal with Mark Cuban for $225,000 for 15% of equity. The final valuation was $800,000, down from the founder’s initial estimate of $2.3 million.
As of September 2023, Wondery Wine is actively running business. You can purchase this organic fruit-induced wine across the United States including retailers, and liquor stores. Or you can simply head to the company website.
Wondry Wine Net Worth
|Net worth||$1.5 million (2023)|
|Annual Sales Revenue||$ 500,000 (2023)|
|Founder||Whitney Gates and Chaz Gates|
|Employees||15 – 30|
Wondry Wine Net Worth Timeline
|Net Worth 2023||$1.5 million|
|Net Worth 2022||$1.5 million|
|Net Worth 2021||–|
|Net Worth 2020||–|
|Net worth valuation 2022 after appearing on Shark Tank||$1.5 million|
|Net worth valuation 2022 before appearing on Shark Tank||$2.3 million|
Wondry Wine Pitch on Shark Tank
|Company name||Wondry Wine|
|Product||Fruit-induced organic wine|
|Episode||Season 14 Episode 06|
|Founders||Whitney Gates and Chaz Gates|
|Asked for||$185,000 for 8% Equity|
|Final deal||$225,000 for 15% Equity|
|Shark / Sharks||Mark Cuban|
Don’t miss these product from Season 14
Wondry Wine Founders
Whitney Gates and Chaz Gates founded Wondry Wine in 2020. This husband and wife duo both have corporate experience. They were tactic to blend it with their innovation, which made Wondry Wine a reality. Wondry Wine’s founders, Whitney Gates and Chaz Gates, have a net worth of 1.5 million USD as of 2023.
|2022||Shark Tank appearance|
|2023||After the Shark Tank pitch, Wondry Wine’s sales skyrocketed by 1000 percent, reaching a $1 million threshold in sales by January 2023.|
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 Wondry Wine and its continued success.