Shark Tank product Squatty Potty has a net worth of $60 million USD. The company today generates $12 million in annual revenues. As of today, Lori Greiner has made over $20 million through Squatty Potty for an investment of just $300,000.
Squatty Potty Net Worth
Since its airing on Shark Tank, Squatty Potty has made a total sales of $240 million. Considered one of the most successful products on Shark Tank like Swimply and Cupbop, Squatty Potty is all set to become a billion-dollar company in a few years.
Net Worth | $60 Million |
Sales Revenue | $12 Million |
Profits | $3 Million |
Online Sales | 55% |
Available In | 100+ Countries |
Lori Grenier’s Investment
Lori Greiner first invested $300,000 for a 10% share in Squatty Potty. During their further rounds of funding, Lori has invested $600,000 more for an additional 10% stake in the company.
This means, Lori Greiner owns a total of 20% share in Squatty Potty. As of today, Lori has earned over $7 million in profits from her share of the investment.
Each month, Lori receives a Dividend Check of $150,000 from the company, making it a hugely successful investment for her. Lori’s share in Squatty Potty is now valued at over $13 Million.
But there have been reports from within the company that Lori is squeezing all the available profits, without reserving any funds for the Company’s expansion and R&D. After a month-long internal fight, Lori agreed to cut down her profit demands by 50%.
About Squatty Potty
Squatty Potty made its debut on the seventh season of Shark Tank.
Co-founders Bobby Edwards and Judy Edwards explained how the Squatty Potty’s ergonomic design helps align the colon for a more natural and efficient elimination process, addressing common bathroom-related issues.
FAQs
Lori Greiner has earned over $20 million through her share of 20% in Squatty Potty.
Squatty Potty’s annual sales revenues are $12 million and a net profit of $3 million.
Since airing on Shark Tank, Squatty Potty has made over $240 million in total sales, making it one of the most successful products to air on the show.
Squatty Potty has made a total of $36 million in profits over the years.