Jarrett & Raja Productions the Shark Tank Net Worth
According to sources, Jarrett & Raja Productions did not receive a deal on Shark Tank. Their net worth before appearing on the show was reported to be $1.875 million USD in April 2016, but their current net worth is unknown.
What is Jarrett & Raja Productions and Who are the Jarrett & Raja Productions founders?
Jarrett & Raja Productions is a company that specializes in magical and musical entertainment. It was founded by Jarrett Parker and Raja Rahman, who are also the musical magicians of the company. Jarrett Parker received his training from Charles Reynolds, who was the creative mind behind Doug Henning and numerous Broadway musicals.
He also studied under Harry Blackstone Jr. Meanwhile, Raja Rahman is an alumnus of the prestigious Juilliard School where he studied under the guidance of renowned pianists such as Jerome Lowenthal, Byron Janis, and Lev Vlassenko.
He has also performed with famous conductors like Sir Georg Solti, Iona Brown, and Mstislav Rostropovich on various tours in Europe. Raja is also a concert pianist who has graced the stage of the Metropolitan Opera House in New York City.
The duo began their theatrical career in New York City with a show that combined magic, music, and comedy. They later performed in several Las Vegas venues and toured the world, concluding their journey with a two-year residency as headliners in Singapore’s Cirque de Soleil production, “Voyage de la Vie” (2010-2012).
The pair also enjoyed success on season seven of “America’s Got Talent” and were chosen to participate in the live AGT event at the Palazzo Hotel in Las Vegas.
They frequently perform at corporate events for large corporations and have made appearances in several TV shows, including three episodes of the CW’s “Masters of Illusion,” SyFy’s “Wizard Wars,” and “The CBS Late Show with Stephen Colbert” in 2015.
Jarrett & Raja Productions Shark Tank Pitch
During season 7, episode 25 of Shark Tank, Jarrett & Raja Productions sought a $750,000 investment in exchange for a 40% stake in their company, which valued the company at $1.875 million.
The duo explained that they needed the money to create a new magic and music show called “Miracles” and bring it to the Las Vegas Strip. The Sharks were intrigued by their actions, which included an illusion where a woman appeared to be incinerated and then reemerged in a clear acrylic piano filled with water.
Robert Herjavec offered to invest $750,000 if they could run the illusion again with Barbara Corcoran as the headliner. However, the other Sharks were hesitant to invest due to the risk involved in producing a new show in Las Vegas.
Mark Cuban and Barbara Corcoran both opted out, with Corcoran perceiving the investment as a “wild bet” and Cuban feeling that the risks were too great. Herjavec also ultimately declined to invest, citing the fierce competition in Las Vegas for magic shows and the difficulty of making a profit.
Despite not securing a deal with the Sharks, Jarrett & Raja Productions found success after the show. They were contacted by the producer of One Epic Night and cast in the stage performance at the Downtown Plaza three months after the Shark Tank episode aired.
The duo also landed a home for their new performance “Magic vs. Music” at the Stratosphere Hotel, Casino & Tower in Las Vegas.
Jarrett and Raja have also appeared on three seasons of Dean Cain’s The CW show Masters of Illusion. However, due to the COVID-19 outbreak, they have been out of work since Las Vegas shut down in 2020. Nonetheless, the duo remains optimistic and open to future opportunities to perform again.
What is the Net Worth of Jarrett & Raja Productions?
Jarrett and Raja appeared on Shark season 7 episode 25 seeking a $750,000 investment in exchange for 40% ownership of the firm.
This translates to a $1.875 million valuation. The current valuation is unavailable.
Who are the Competitors of Jarrett & Raja Productions?
Some of the examples of competitors for the company include:
The McKenzie Brothers. They provide entertainment using gem stones and other precious material as instruments. They regularly perform at the Bellagio Resort & Casino in Las Vegas.
Jarrett & Raja Productions Shark Tank Episode Summary
|Company/Product||Jarrett and Raja Productions|
|Shark Tank Episode||Shark Tank Season 7 Episode 25|
|Founder & Entrepreneur||Jarret Parker and Raja Rahman|
|Amount Asked For||$750,000 for 40% share in the company|
|Deal: Accepted Offer||Jarrett and Raja Productions didn’t get a deal|
|The Shark Investor||None|
|Business Net Worth||$1.875 million valuation|
|Business Status||The business is still in operations|
Jarrett & Raja Productions FAQS
What is Jarrett & Raja Productions?
Jarrett and Raja Productions is a Las Vegas-based entertainment company. Its goal is to present elaborate shows using magic and music.
Who founded Jarrett & Raja Productions?
Jarrett and Raja Productions was founded by Jarret Parker and Raja Rahman.
How much were they seeking in the Shark Tank?
They requested $750,000 for 40% share in the company. This translates to a $1.875 million valuation.
Did they get the deal from the Sharks?
No. Barbara Corcoran, Lori Greiner, Robert Herjavec, Mark Cuban and Kevin O’Leary turned them down.
Is Jarrett and Raja Productions still in business?
They are still in business with active social media presence.
What Happened to Jarrett and Raja Productions after the Shark Tank?
Three months after the Shark Tank episode aired, they received a call from the producer of One Epic Night and were cast in the stage performance at the Downtown Plaza.
Following that, Jarrett and Raja found a home for their new performance “Magic vs. Music” in Las Vegas’ Stratosphere Hotel, Casino & Tower.
What happened to Jarrett and Raja?
Jarrett & Raja were a magician and pianist act from America’s Got Talent Season 7. The pair were ousted in the Quarterfinals but returned for the Wild Card Show, where they were eliminated once again.
How did Jarrett and Raja do trick on Shark Tank?
They create an illusion in which a young lady appears to be incinerated, then she emerges within a water-filled clear acrylic piano.
If they run the illusion again with Barbara Corcoran as the headliner, Robert Herjavec says he’ll pay them the $750,000.
Where is Jarrett and Raja based?
They are headquartered in Windermere, Florida, United States.
Who are Jarrett and Raja?
Jarrett and Raja also known as “The Magic and Piano Guys,” are magicians who specialize in performing illusion shows.
How Jarrett and Raja do makes money?
They make money through professional magic shows.
How can they contact Jarrett and Raja?
They can be reached through their social media profiles that is website, Facebook and Twitter.
What is their website?
Their website is www.jarrettandraja.com.
Do they have LinkedIn accounts?
Yes, they have LinkedIn accounts where they can find the relationship status and many professional information.
What is net worth of Jarret Parker?
Jarrett Parker Net Worth is $6 Million as of 2022.
What is net worth of Raja Rahman?
Raja Rahman’s net worth is unavailable.