Is Readerest still in business?

Is Readerest still in business?

Since then, the company has expanded its offerings to include reading glasses. Today, it brings in $5 million annually (via Shark Tank Blog). Currently, ReadeREST offers four varieties of glasses holders: one in stainless steel, one in black, one with Swarovski-brand crystals, and one with Swarovski-brand pearls.

How much has Readerest sold?

READEREST has the #1 selling magnetic eyeglass holder with over 3 million units sold worldwide.

Who invented Readerest?

History. After turning 40, founder Rick Hopper started using readers and began habitually losing, scratching and dropping his glasses. In 2010, Rick made prototypes using paperclips and magnets, solving the problem he had with trying to keep his glasses safe and secure. It didn’t take long for consumer interest to grow …

What is the most successful product on Shark Tank?

What Is the Most Successful Product on “Shark Tank”? With more than $225 million in lifetime sales, Bombas has generated the highest sales on “Shark Tank”. The company, which sells comfort socks and T-shirts, donates one item per item sold to help the homeless.

How much did Lori invest in Scrub Daddy?

When the inventors of Scrub Daddy came to Shark Tank, Lori Greiner invested $200,000 in the co-product. That earned her a 20% stake. Her 20% ownership of the company has likely generated at least $20 million. To this day, Scrub Daddy is one of the most successful products pitched on Shark Tank.

Who is the richest person to appear on Shark Tank?

According to Celebrity Net Worth, Mark Cuban is the richest shark on Shark Tank, as his estimated net worth is $5 billion. He joined the show in Season 2 and has been a part of the panel since then.