Zipz ‘s net worth was $25 million in 2014 based on the Shark Tank deal. Zipz, a single-serve wine, was started by Andrew McMurray in 1993.
In 2014, they appeared on Season 6 of Shark Tank USA and made a deal with Kevin O’Leary, $2.5 million for 10% equity + the option to buy more equity in the future.
Andrew is not an amateur in the Wine industry. He already had years of experience when entering the show. The appearance on the show helped to make his specialized wine brand Zipz more popular. However, this product gradually went out of the market in 2017.
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Join Us TodayZipz Net Worth
| Net worth | $2.5 million (2013) |
| Annual Sales Revenue | $2 million (2014) |
| Profits | Not available |
| Lifetime sales | Not available |
| Investor | Kevin O’Leary |
| Investment | $2.5 million for 10% equity + the option to buy more equity in the future |
| Founder | Andrew McMurray |
| Employees | – |
Zipz Net Worth Timeline
| Net worth in 2024 | Out of business |
| Net worth valuation in 2014 after appearing on Shark Tank | $25 million |
| Net worth valuation in 2014 before appearing on Shark Tank | $25 million |
Zipz Pitch on Shark Tank
| Product | A single-serve wine |
| Episode | Season 06 Episode 11 |
| Company name | Zipz |
| Founder | Andrew McMurray |
| Asked for | $2.5 million for 10% equity |
| Final deal | $2.5 million for 10% equity + the option to buy more equity in the future |
| Shark | Kevin O’Leary |
| Location | Scarsdale, New York |
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Zipz Founder
Andrew McMurray founded Zipz in 1993. Andrew has an education background in business and marketing. Although Zipz is no longer in the market, Andrew’s passion for wine and his iconic mark in the wine industry continue to remain. He serves as vice prescient of Zachys Wine & Liquor. Zipz ‘s founder Andrew McMurray’s net worth is unknown as of 2024. However, based on her deal he should have an approximate net worth of $25 million.
Key accomplishments
| Year | Accomplishment |
| 2014 | The company was featured in Shark Tank USA and sacred a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Zipz 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, Zipz went out of business in 2017. And the product is no longer available in the market.
