Table: Aaron Krause’s Net Worth and Personal Information
Below is a table providing information about Aaron Krause’s net worth, salary, birthdate, birthplace, gender, height, profession, and nationality:
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $100 million | N/A | February 1, 1969 | Wynnewood, Pennsylvania | Male | N/A | Entrepreneur, Inventor | American |
What is Aaron Krause’s Net Worth?
Aaron Krause, an entrepreneur and inventor, has an estimated net worth of $100 million. He gained significant wealth through the success of his cleaning product company, Scrub Daddy. Krause’s journey to entrepreneurial success began when his product was featured on the reality TV show “Shark Tank,” where he secured a deal with Lori Greiner, resulting in the rapid growth of Scrub Daddy’s revenue.
Highlights
- Aaron Krause has a net worth of $100 million.
- He is the founder of Scrub Daddy, a highly successful cleaning product company.
- Scrub Daddy gained recognition after being featured on the reality TV show “Shark Tank.”
- Krause secured a deal with Lori Greiner, resulting in the rapid growth of Scrub Daddy’s revenue.
- Scrub Daddy holds the record for the highest revenue of any product successfully pitched on “Shark Tank.”
Early Life
Aaron Krause was born on February 1, 1969, in Wynnewood, Pennsylvania. He was raised by his parents, who were both doctors. Krause pursued his higher education at Syracuse University, where he earned a Bachelor of Science degree in psychology in 1992.
Career
Aaron Krause’s entrepreneurial journey began after he founded an international buffing pad and car detailing company following his graduation from Syracuse University. However, his constant exposure to machinery repair left him with dirty hands, leading him to search for a more effective cleaning solution. In 2007, Krause invented a highly engineered polymer foam hand scrubber, which he eventually patented.
Initially, the product faced resistance due to its perceived lack of necessity and high cost. Krause temporarily put the project on hold, storing the scrubbers in his garage while his buffing pad company was acquired by 3M. In 2011, Krause rediscovered the scrubbers and used them to clean various household items. Impressed by their effectiveness, he added a smiling mouth to the scrubbers and launched a grassroots marketing campaign.
The Philadelphia Inquirer published an article about Scrub Daddy, catching the attention of an independent broker who booked the product on QVC. In 2012, Scrub Daddy was officially established and featured on multiple QVC shows. Despite initial distribution difficulties, Scrub Daddy’s breakthrough came when Aaron Krause appeared on the reality TV show “Shark Tank.”
Personal Life
Aaron Krause is married to Stephanie, and they have twin children named Bryce and Sophie. However, there is no available information about his height or detailed personal life beyond this.
Net Worth Over Time
While Aaron Krause’s net worth is currently estimated to be $100 million, it is essential to note that this figure may have fluctuated over time due to factors such as business performance, investments, and personal financial decisions.
Components of Net Worth
Aaron Krause’s net worth primarily comes from his successful cleaning product company, Scrub Daddy. The company, which gained significant recognition after its appearance on “Shark Tank,” has generated substantial revenue through the sales of its innovative cleaning products. Additionally, Krause’s net worth may also incorporate investments and other income streams stemming from his entrepreneurial ventures.
In conclusion, Aaron Krause’s net worth of $100 million demonstrates the immense success he has achieved through his entrepreneurial endeavors, particularly with Scrub Daddy. By creating an innovative cleaning product and securing a deal on “Shark Tank,” Krause has built a highly profitable business and established himself as a prominent figure in the cleaning product industry.