Rapid Ramen Cooker Shark Tank Net Worth 2023
Chris Johnson is the inventor of the Rapid Ramen Cooker, a product that allows you to make a standard pack of Ramen noodles in the microwave in half the time and with less water.
The company appeared on Shark Tank in October 2013, where Chris asked for a financial investment of $300,000 in exchange for a 10% stake in his company. Mark Cuban invested $150k for 15% and a $150k loan in his Ramen business on Shark Tank.
As of November 2022, the company is still in business with annual revenue of $5 million and over $55 million in lifetime sales.
According to, Chris Johnson’s net worth is not an easy question to answer. However, according to, Rapid Ramen Cooker has a net worth of around 5 Million USD as of 2023.
What Is Rapid Ramen Cooker?
The Rapid Ramen Cooker is a simple kitchen tool that can revolutionize your culinary experience. With its ability to cook instant ramen in just three minutes, this gadget has become a sensation and is considered a must-have for students, busy parents, and ramen enthusiasts alike.
Rapid Brands, the company behind the Rapid Ramen Cooker, is a leading provider of microwave cooking devices in the United States. Its founder, Chris Johnson, has been an entrepreneur from a young age.
He was inspired to start his own business when he charged admission to his 16th birthday party and later went on to open Sacramento’s first teen dance club.
After completing his college education, Johnson worked his way up to become the top recruiting agent at his company before establishing his own firm at the age of 25. Today, he is the CEO and Founder of The Johnson Group and Rapid Brands.
Who Is The Founder Of Rapid Ramen Cooker?
In 2012, UC Davis alumnus Chris Johnson invented the Rapid Ramen Cooker, a device that solves a common problem for college students and budget-conscious chefs worldwide. This gadget enables users to microwave a standard pack of Ramen noodles with half the water and in half the usual time.
Last year, Johnson established his business, claiming that it is the fastest and simplest way to cook Ramen noodles in the world. He even managed to convince the manager of a local Walmart to sell the Rapid Ramen Cooker, which quickly sold out.
Since then, the product has been selling rapidly online, with sales reaching over four units per minute at times.
What Happened To Rapid Ramen Cooker At Shark Tank Pitch?
Chris chose to present his Rapid Ramen Cooker product on the Shark Tank show in Season 5, Episode 3, with the goal of increasing his inventory. During his pitch, he offered a 10% stake in his company for $300,000, valuing it at $3 million. Chris revealed that he had already generated more than $160,000 in sales and received many requests for his product.
Although Kevin expressed skepticism about the product’s longevity, he still wanted to invest and offered $300,000 with a $1.10 royalty per unit until he recouped his investment, followed by a $0.50 royalty indefinitely. Robert countered with an offer of $300,000 in exchange for 40% ownership of the company.
While Chris was out of the room, Kevin and Robert collaborated on a new proposal of $300,000 for 25% ownership, with a 75 cent royalty until their investment was repaid, and a 25 cent royalty thereafter. When Chris returned, he rejected the offer, stating that he would not give up more than 20% equity.
Later, Mark returned and offered $300,000 for 20% equity, with half of the investment classified as a loan. Chris negotiated further and proposed $300,000 for 15% equity, which Mark Cuban agreed to. Finally, Chris secured a deal and left the pitch.
What Happened To Rapid Ramen Cooker After Shark Tank?
Just two weeks after the exhibition, Rapid Ramen’s sales have been strong, with 25 units sold per minute during the following week.
Although Chris did not finalize a deal with Mark Cuban, Rapid Ramen is quickly becoming available in various retail stores such as CVS, Walgreens, HEB, and Relays across the country.
By 2014, Rapid Ramen was widely available, and Rapid Brands expanded their product line to include microwave cookers for macaroni and cheese, ordinary noodles, rice, brownies, pizza, cereal, and steamed veggies.
In 2016, Chris partnered with Nissin Foods, the company behind instant Ramen noodles and the Top Ramen brand. Rapid Ramen created a Top Ramen-branded cooker that will be sold in all Top Ramen locations worldwide. Additionally, Chris secured license agreements with Disney and Nickelodeon to use their characters on his unique product. It appears that Chris is on his way to success!
As of December 2021, the company is still in operation, generating an annual revenue of $5 million and lifetime sales of over $55 million.
Net Worth of Rapid Ramen Cooker
The company valuation was $3 million during the pitch. Since then the company have been performing well in sales with annual revenue of $5 million in 2021. This justify that the company net worth had elevated.
Rapid Ramen Cooker FAQs
What is Rapid Ramen Cooker?
Rapid Ramen Cooker is a functional kitchen gadget that allows you to make ramen noodles in three minutes.
Who owns Rapid Ramen?
Chris Johnson began with a basic ramen cooker. Chris Johnson, a local entrepreneur, is now branching out into other cuisines. Johnson, the CEO and founder of Rapid Brands in his hometown, began his firm three years ago with the plastic microwave Rapid Ramen cooker.
How much was asking on Shark Tank?
Chris was asking for $300,000 for 10% equity in Rapid Ramen Cooker.
Did he have the deal?
Yes, He had a deal with Mark Cuban.
How much was the deal?
Mark Cuban offered $300,000 for 15% equity shares of the business that is $150,000 cash and $150,000 in the line of credit.
Is Rapid Ramen Cooker still in business?
The company is still in business with annual revenue of $5 million.
Where is the headquarters of Rapid Ramen?
Rapid Ramen headquarters are located at 15820 Euclid Ave, Chino, California, 91708, USA.
What is the official website for Rapid Ramen?
hppt//www.rapidramen.com is the official website of Rapid Ramen.
What is the revenue of Rapid Ramen?
The revenue of Rapid Ramen is $5 million as of December 2021.
How many people work at Rapid Ramen?
Rapid Ramen employs over 20 people.
What is the business of Rapid Ramen?
Rapid Ramen works in the following industries: Food & Beverages, Food, Beverages & Tobacco, and Manufacturing.
What technology is used by Rapid Ramen?
Rapid Ramen employs the following technologies: Small B at Yahoo.
Can you cook rice in a ramen cooker?
The first step is simple: throw a single scoop of white rice (180 milliliters/6.1 ounces) into the rice cooker pot. Then they’ll need cooked ramen noodles, as well as any toppings and broth that like.
How do you use a ramen cooker?
To begin, place the ramen noodles in the Rapid Ramen Cooker. Then, fill the fill line with water. After that, microwave for four minutes. Take it out, season it, and serve!
How long a ramen cooker should be microwaved?
In just 3 minutes, one can make excellent ramen noodles in the microwave.
Can ramen expire?
The short answer is that they do expire. However, just because the noodles have reached their “expiration” date does not mean one have to throw them away. Ramen noodles may survive 6 months longer than the customary 8 – 12 months if properly packaged and stored.
Is it healthy to eat ramen noodles?
Although quick ramen noodles include iron, B vitamins, and manganese, they are deficient in fiber, protein, and other essential vitamins and minerals.
Furthermore, its MSG, TBHQ, and high salt content may have a detrimental impact on their health, such as raising their risk of heart disease, stomach cancer, and metabolic syndrome.
Do ramen noodles make you constipated?
Furthermore, a low-fiber diet is linked to an increased risk of digestive problems including constipation and diverticular disease, as well as a decrease in good gut bacteria.
According to certain research, consuming instant noodles on a frequent basis is related with poor overall diet quality.
What is the net worth of Chris Johnson?
The net worth of Chris Johnson is approximately $9 million.