
4.2M
ENKobee’s, an eco-friendly lip balm brand, was pitched by Kobe Harris on Shark Tank Season 16, Episode 3 (2024), asking for $300,000 in exchange for 6% equity.
At the time, the company had $1.5M in sales and $750,000 in profit, with its $5 balm costing just $0.26 to produce, numbers that caught the sharks’ attention. Kevin O’Leary offered $300,000 for 20% equity, but no deal was finalized.
After the episode, sales jumped to $3.5 to $4M, and Kobe’s net worth in 2025 is estimated between $5 to $7M.
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Media: Shark Tank Global
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