Paparazzi Proposals Shark Tank Net Worth 2023

James was armed with his business plan and confident attitude when he entered the Shark Tank seeking $250,000 in exchange for a 20% stake in his Paparazzi Proposals, which showed a valuation of $1.25 million.

After presenting his story and convincing the sharks of its potential success, he accepted an offer from Kevin and Lori O’Leary of $50,000 for 30% stake plus a loan of $200,000 bringing the total value down to $166,666.67. The net worth of Paparazzi Proposals is now an impressive $10 million.

What is Paparazzi Proposals?

Paparazzi Proposals is a company that employs talented photographers to covertly capture the most intimate moments of a marriage proposal.

They have documented countless proposals across the United States and beyond, ensuring that every detail is captured in true paparazzi style, including the exact moment of the proposal and the heartfelt reaction that follows.

Before founding Paparazzi Proposals, James Ambler studied photography and aspired to become a combat photographer after being inspired by the war propaganda during the Vietnam War.

He later worked as a breaking news and events photographer in London, which prepared him for his eventual career as a paparazzi photographer capturing images of celebrities like Tom Cruise, Tiger Woods, and Angelina Jolie.

James recently launched a GoFundMe campaign to help Bali in their efforts to fight against the COVID-19 outbreak.

At the young age of 14, James developed a passion for photography while documenting his friends performing skateboard tricks. He started taking pictures with his father’s old Pentax camera, and his interest in capturing moments grew as he traveled to places such as Thailand and Nepal.

James had two pivotal experiences that led him to start Paparazzi Proposals. The first occurred when he was diagnosed with a clogged artery at the age of 28, which required open-heart surgery.

The second was when he was unable to capture his now-wife Kate’s proposal, which motivated him to create a service that would allow others to capture such precious moments.

In summary, James Ambler is the founder of Paparazzi Proposals, a photography company that specializes in covertly capturing marriage proposals in a paparazzi style, and he has a background in photography and experience working with celebrities.

What happen to Paparazzi Proposals at the Shark Tank Pitch?

In the eighth episode of Shark Tank Season 5, James enters the show seeking $250,000 for a 20% stake in his photography business, which has a valuation of $1.25 million.

James, who has a background in photography as a professional paparazzo, came up with the idea of a proposal business after proposing to his own wife.

His business includes not only photography but also planning and assisting potential grooms in selecting a romantic place and setting for popping the question.

James presents his business to the Sharks, kneeling and presenting them with a proposal that includes a dollar note wrapped in origami in the shape of a diamond ring. Kevin O’Leary asks James to get off his knees and talk about money.

The Sharks learn that James has generated $100,000 in revenue in the previous two years and wishes to expand his business into more cities, requiring marketing assistance. He has been promoting his business through jewelers, enticing them with a kick-back scheme to promote the service to their clients.

The Sharks discuss James’ plan to expand into other cities, with Mark Cuban feeling it would be a mistake to expand too quickly, as it might surpass James’ ability to satisfy demand. Lori Greiner believes the business can be easily grown to meet rising demand, but Kevin O’Leary disputes the $1.25 million valuation, feeling James is not unique enough.

Ultimately, Lori Greiner offers James $250,000 in exchange for a 50% stake in the business, but Kevin O’Leary intervenes and offers to accompany Lori Greiner, making a $50,000 investment in exchange for 33% of the business, with the possibility of loaning up to $200,000 if necessary. Robert Herjavec proposes a $100,000 investment in exchange for 33% equity and a $150,000 loan.

James ultimately accepts Lori Greiner and Kevin O’Leary’s offer of 30% equity in exchange for $50,000 and a $200,000 loan. The Sharks discuss the need for social marketing and networking in James’ business, and James leaves the show with a deal.

Paparazzi Proposals after the Shark Tank Pitch

Ambler agrees to Lori and Kevin’s agreement in the episode but does not provide a signature.

As of August 2021, the company runs 37 locations, including Paris, Chicago, San Francisco, Los Angeles, Boston, and Minneapolis.

Moreover, they pledge to dispatch a photographer to any location within the continental United States within 24 hours. The business has experienced significant growth and presently generates $13 million in annual revenue.

Paparazzi Proposals Net Worth

James enters Shark Tank seeking $250,000 in exchange for a 20% stake in his business. This shows a $1.25 million valuation.

He accepted an offer from Kevin and Lori of $50,000 for 30% stake plus $200,000 loan thus bringing valuation to be $166,666.67.

Paparazzi Proposals Competitors

Paparazzi Proposals’s competitors include; Rhea Shields Photography, Wedit, Snappr and Itsbyu.

Paparazzi Proposals FAQS

What is Paparazzi Proposals?

Paparazzi Proposals is a photography business that offers photographers the ability to capture your special moment in a manner that will last forever.

Who is the founder of Paparazzi Proposals?

James Ambler.

How much was he asking in the Shark Tank?

James was seeking $250,000 for 20% ownership.

Did he get a deal in the Shark Tank?

Yes. Lori Greiner and Kevin O’Leary made an offer of $50,000 for 30% plus $200,000 in a loan.

Is Paparazzi Proposals still in business?

Yes. The firm operates 37 locations in major markets across the U.S. now.

What is the Paparazzi Proposals revenue?

As of August 2021, Paparazzi Proposals has grown tremendously and now generates $13 million in yearly revenue.

How long has paparazzi Proposals photography been around?

For nearly 40 years, paparazzi photography has existed. While they may have learned about it recently on ABC’s Shark Tank, it is not new.

For the last eight years, they have provided paparazzi photography services.

How much does paparazzi Proposals cost?

His organization, Paparazzi Proposals, assists wedding prospects in capturing the moment of the proposal.

His starting fee for a proposal scenario, which includes pictures of the magical moment, is $495 and can be increased accordingly.

Do they have both male and female paparazzi Proposals?

Yes, they are a husband and wife team of paparazzi Proposals.

Do they offer wedding photography?

Yes, they provide wedding photos and some of their packages include paparazzi proposal pictures.

What is there website address?

They can visit them at www.paparazziproposals.com.

How much are paparazzi Proposals packages?

Packages for Paparazzi Proposals begin at $495. “That includes one hour of photography, as well as all the planning data, maps, schematics, and whatever else they may want,” Ambler explains. Although the firm is situated in New York, it offers packages throughout the United States.

What are the strengths of paparazzi Proposals?

Paparazzi Proposals has a vast clientele of business and homeowners, who are always looking to preserve their memories.

What are Paparazzi Proposals Weaknesses?

They have limited marketing and promotion as they only have 37 locations nationwide.

Where are they headquartered?

They are based in New York, NY.

Where is paparazzi proposals now?

In addition to Chicago, San Francisco, Los Angeles, Boston, and Minneapolis, Paparazzi Proposals now offers packages in numerous more locations.

What is net worth of James Ambler?

Unknown.