Wallet Buckle Shark Tank Net Worth (Before and After Shark Tank)

Wallet Buckle is a two-in-one belt buckle and wallet founded by Trevor Johnston and Justin Johnston in 2014. They appeared on Season 08 of Shark Tank in 2017, where their net worth was valued at $5 million. Despite not securing a deal with the Sharks, Wallet Buckle has continued to thrive and is still active in business as of November 2023. Their annual sales revenue in 2023 is $3 million, and they have fewer than 25 employees. The founders, Trevor Johnston and Justin Johnston, remain the key stakeholders, with their individual net worths unknown as of 2023.

Key Takeaways:

• Wallet Buckle is a successful two-in-one belt buckle and wallet company founded by Trevor Johnston and Justin Johnston in 2014.
• Their net worth on Shark Tank was $5 million, but they did not secure a deal with the Sharks.
• Despite that, Wallet Buckle has thrived and is still active in business, with annual sales revenue of $3 million in 2023.
• The founders, Trevor Johnston and Justin Johnston, remain the key stakeholders in the company.
• The exact individual net worths of the founders are unknown as of 2023.

Wallet Buckle’s Shark Tank Pitch and Growth

During their appearance on Shark Tank, Wallet Buckle founders Trevor Johnston and Justin Johnston presented their innovative two-in-one belt buckle and wallet product to the Sharks. Seeking $500,000 for a 10% equity stake in their business, they hoped to secure a deal that would help accelerate their growth and expand their market reach. However, despite their compelling pitch, Trevor and Justin did not receive an offer from any of the Sharks.

Despite this setback, Wallet Buckle has experienced significant growth since their appearance on the show. By February 2022, they had already sold over 75,000 Wallet Buckles, demonstrating the product’s appeal and market demand. Their success can be attributed, in part, to their strategic use of social media platforms like Instagram, where they have amassed a following of over 27,000 followers. Through engaging content and targeted marketing efforts, Wallet Buckle has effectively reached a wide audience and gained traction in the market.

Additionally, Wallet Buckle’s growth can be attributed to their partnership with major sports organizations such as the NFL, MLB, NBA, and NCAA. These licensing deals have not only increased brand visibility but also boosted sales significantly. By tapping into the loyal fan bases of these sports organizations, Wallet Buckle has successfully expanded its customer base and capitalized on the popularity of sports-related merchandise.

Wallet Buckle Sales Revenue

Year	Sales Revenue (USD)
2020	$1.5 million
2021	$2 million
2022	$2.5 million
2023	$3 million

As demonstrated by the table above, Wallet Buckle’s sales revenue has shown steady growth since their appearance on Shark Tank. Their sales revenue has increased from $1.5 million in 2020 to $3 million in 2023, reflecting the increasing popularity and demand for their product. With their innovative design, strategic marketing efforts, and successful partnerships, Wallet Buckle is poised for continued growth in the future.

The Journey of Wallet Buckle Founders

Wallet Buckle was founded by Trevor Johnston and Justin Johnston in 2014. These innovative entrepreneurs started their journey together, combining their skills and passion to create a unique product.

Trevor, a graduate of St. Mary’s College in California, brings invaluable experience in sales and business development to the table. His expertise has played a crucial role in the success of Wallet Buckle. On the other hand, Justin, also a St. Mary’s College graduate, currently holds the position of Sales and Business Development Specialist at Bravas, further contributing to the growth of the company.

Since its inception, Wallet Buckle has achieved remarkable milestones, catching the attention of millions when they appeared on Shark Tank in 2017. Although they didn’t secure a deal with the Sharks, Trevor and Justin’s determination and unwavering belief in their product propelled them forward.

By 2022, Wallet Buckle had already sold over 75,000 of their innovative belt buckle and wallet combination. This impressive figure, combined with their strategic use of social media platforms like Instagram, where they have amassed over 27,000 followers, has helped them gain recognition and continually expand their customer base. As of 2023, Wallet Buckle remains active in business with an estimated net worth of $3 million.