Chef in Black Shark Tank Net Worth 2023

Dorene and her daughter, Brooke, showcased their business idea, The Chef in Black, on Shark Tank season 1 episode 11 with the goal of receiving $50,000 for a 10% stake. This equates to a valuation of $500,000.

After negotiating with the shark Barbara Corcoran offered them $50,000 for 35%, therefore valuing their business at only $142,857. Ultimately they accepted an offer from Barbara and sealed the deal.

The net worth of Chef in Black is unknown as of 2023 as  Chef in Black went out of business in 2022. 

The company’s valuation was $500,000 when it appeared on Shark Tank, and one of the sharks, Barbara Corcoran, struck a deal with Humason ($50,000 for 35% equity) the estimated valuation/net worth of Chef in Black was $160,000.

What was Chef in Black?

Chef in Black is a company that produces bottles of California Asian Fusion salad dressings and spice sachets using natural ingredients. All of their dressings are gluten-free and can be used as stir-fry seasoning or marinade.

The Chef in Black dressing mix can be found in over 1200 retailers. The company was founded by Dorene Humason, who had worked in the food industry for 25 years but never received adequate compensation.

After a long and tiring shift, Humason decided to put her skills and expertise to use in creating her own product. She wanted to make a salad dressing that was natural, gluten-free, and of high quality.

After experimenting with different spice combinations, Humason finally found the right blend and named it Jaden, after the Chinese gemstone jade. She left her job to focus on her dressing and her company, Chef in Black, and is now proud to offer her product to the world.

What happened to Chef in Black at the Shark Tank Pitch?

Dorene and her daughter, Brooke, appeared on the eleventh episode of season 1 of Shark Tank, seeking a $50,000 investment for a 10% share in their company, The Chef in Black. This valued the company at $500,000.

During the presentation, Dorene discussed the business while Brooke served each of the Sharks a salad with their Jaden Chinese Dressing. Dorene was well-prepared and handled all the Sharks’ questions with ease.

She shared a story about a packaging mistake where she accidentally used an image of a Japanese prostitute instead of a Chinese woman on her product packaging. She had to remove all the products from the shelves, which cost her a significant amount of money.

In the first year of sales, the company earned around $78,000 by supplying only 450 retailers. Although the Sharks enjoyed the Chef in Black dressing, they were unsure about investing in the business.

Kevin H. believed that Dorene’s marketing pitch was confusing and withdrew from the deal. Robert was also out because he considered the food industry to be too risky.

Daymond expressed his support for Dorene and believed she had potential in the industry but was uncomfortable with the current business model, so he declined to invest. Mr. Wonderful liked the dressing but was not interested in investing in the business.

Barbara liked the dressing and saw potential in the company. She made an offer of $50,000 for 40% of the company, with the condition that Dorene abandons her plan to market bottled dressing immediately and instead focuses on getting the mix into stores across the country. Dorene countered with an offer of $50,000 for 35%, and they ultimately reached an agreement.

What happened to Chef in Black after the Shark Tank Pitch?

Dorene had plans to continue with producing bottled dressings, and as a result, the agreement with Barbara never came to fruition. After their meeting, they departed amicably and Dorene resumed her work.

To maintain a consistent brand image, she changed the name of the product from Jaden Chinese Salad Dressing to The Chef in Black California Asian Fusion Dressing. The new packaging no longer featured any images or references to prostitutes.

The Chef in Black’s bottled dressings and dry mix packets are now available in more than 2000 retail locations across the country, and the company recently finalized a deal to have their products sold at Walmart stores.

However, the Chef in Black website is no longer active, and the products are no longer sold on Amazon. The company ceased operations in September 2016.

Chef in Black Net worth

Dorene and her daughter, Brooke, appeared on Shark Tank season 1 episode 11 in search of $50,000 for a 10% stake in The Chef in Black. This equates to a $500,000 valuation.

She accepted an offer from Barbara of $50,000 for 35% thus bringing valuation to be $142,857.

Chef in Black Shark Tank Updates

Dorene Humason, also known as The Chef in Black, appeared on Shark Tank in season 1, pitching her line of Jaden Chinese Salad Dressing and Seasoning mix. The dressing is all-natural and can be used as a stir fry seasoning and a marinade.

The Chef in Black dressing mix was in over 1200 stores, and Dorene was looking for a Shark’s help with expanding distribution and starting a line of bottled salad dressing.

Dorene and her daughter, Brooke, entered the Tank together, asking for $50k for 10% of The Chef in Black. Barbara Corcoran made a deal with Dorene, offering $50k for 35% equity.

However, the deal with Barbara never came to fruition, and the company has been out of business since 2016. The Chef in Black website is no longer active, and the dressing is no longer available on Amazon or Walmart.

It is unclear why the company went out of business, but it seems that the Sharks may have known more about the food business than Humason realized.

Summary Table: Chef in Black Shark Tank Net Worth 2023

INFORMATION	DETAILS
Company Name	Chef in Black
Founder(s)	Dorene Humason
Product/Service	California Asian Fusion salad dressings and spice sachets
Shark Tank Season/Episode	Season 1, Episode 11
Valuation on Shark Tank	$500,000
Offer from Shark	$50,000 for 35% (Barbara Corcoran)
Net Worth in 2023	Unknown (ceased operations in 2016)
Current Status	Out of business
Distribution	Over 2,000 retail locations and Walmart stores
Packaging Issue	Used image of a Japanese prostitute by mistake
Notable Events	Finalized a deal with Walmart; ceased operations in September 2016

Note: The estimated net worth of Chef in Black after Barbara Corcoran’s investment was $142,857.

Chef in Black Competitors

There is no competitor identified for Chef in Black.

Chef in Black FAQS

What Is Chef In Black And How Does It Work?

Dorene Humason appeared on Shark Tank in Season 1 to pitch her line of Jaden Chinese Salad Dressing and Seasoning mix under the brand name “The Chef in Black”.

She asked for a $50,000 investment for a 10% stake in her company, and ultimately received an offer from Barbara Corcoran for $50,000 for 35% equity.

The Sharks enjoyed the product, but had some concerns about brand confusion and the fact that Humason seemed to be offering multiple products under the same brand name.

Ultimately, the deal with Corcoran did not come to fruition, and the company has been out of business since 2016.

It is unclear why the company went out of business, but it appears that the dressing is no longer available on Amazon or Walmart.

Who was the founder of Chef in Black?

Dorene Humason, is the founder of Chef in Black.

What Was The Outcome Of Chef In Black Shark Tank Pitch?

Dorene Humason, the founder of Chef in Black, appeared on Shark Tank in Season 1 to pitch her line of Jaden Chinese Salad Dressing and Seasoning mix.

She asked for $50,000 for 10% equity and received an offer from Barbara Corcoran for $50,000 for 35% equity.

However, the deal never came to fruition, and the company has been out of business since 2016. The Sharks enjoyed the product but had concerns about brand confusion and the food business.

The Chef in Black website is no longer active, and the dressing is no longer available on Amazon or Walmart.

Did Chef In Black Receive An Investment On Shark Tank?

Dorene Humason, the founder of Chef in Black, appeared on Shark Tank in Season 1 to pitch her line of Jaden Chinese Salad Dressing and Seasoning mix.

She asked for $50,000 for 10% equity and received an offer from Barbara Corcoran for $50,000 for 35% equity.

However, the deal never came to fruition, and the company has been out of business since 2016. It is unclear why the company went out of business, but it appears that the Sharks may have had concerns about the food business.

While the Sharks enjoyed the product, they had concerns about brand confusion and what the product actually was. Therefore, it seems that Chef in Black did not receive an investment on Shark Tank.

What Happened To Chef In Black After The Appearance At The Shark Tank?

After appearing on Shark Tank, Chef in Black expanded to over 2,000 stores and was sold in Walmart. However, the company has been out of business since 2016.

It is unclear why the company went out of business, but it appears that the Sharks may have had concerns about the food business. While the Sharks enjoyed the product, they had concerns about brand confusion and what the product actually was.

The deal with Barbara Corcoran never came to fruition, and the company was forced to deal with a packaging problem. Despite the initial success, Chef in Black has ceased operations and has been out of business for several years.

How was she seeking in the Shark Tank?

The firm is seeking $500,000 for a 10% stake in the company.

What is the Chef in Black net worth now?

As of September 2016, this firm is no longer in operation.

Is Chef in Black still in business?

As of September 2016, this firm is no longer in operation.

When was Chef in Black aired on Shark Tank?

Chef in Black appeared on Shark Tank season 1 episode 11 on January 8th, 2010.

What happened to Chef in Black Shark Tank?

Chef in Black’s website has been discontinued, and the dressing is no longer available on Amazon or Walmart. It appears as though the Sharks knew more about the food business than Humason suspected.

Where was Chef in Black located?

Chef in Black is located in Folsom, California.

Does Chef in Black have a website?

Chef in Black no longer has a website and the product is no longer available on Amazon or Walmart.

Is there an official Facebook page for Chef in Black?

Yes, it is available but not updated.

Were Chef in Black natural?

Yes, all Chef in Black dressings were natural, gluten-free and made with natural ingredients.

What is net worth of Dorene Humason?

Dorene Humason’s net worth is unavailable.

Was Chef in Black successful business?

Even though Chef in Black were available in over 2000 locations nationally, and the company was shut down in September 2016.