It all started with buffing and polishing pads! Who would have imagined that one small idea will change Aaron’s life forever? This brings us to Scrub Daddy and its sole founder Aaron Krause. We are back with another popular face, the father of cleaning, the man who invented Scrub Daddy! Aaron Krause’s net worth has again changed and how could we forget to update you on this one?
If you think deeply, Aaron Krause initially invented sponges to clean vehicles, and Scrub Daddy partially happened by chance. When he stepped into Shark Tank, that young man had no idea that his sponges would one day become a necessity for every household out there. If you watch the old videos then you can sense the nervousness visible on Aaron’s face. But guess what, luck favored him at the right time and he ended up as a millionaire!
Scrub Daddy Net Worth
Ever since this young man stepped onto Shark Tank and backed $2,00,000, people started referring to him as Scrub Daddy! Aaron Krause’s life truly changed when Lori Greiner decided to back his business deal! He gave him $2,00,000 and asked for 20% equity and now when Aaron looks back, he feels fortunate enough to have Greiner by his side. After October 2012, Krause never had to worry about the growth of Scrub Daddy. We said it once before and we will say it again, those sponges are the reason why Krause is a millionaire!
Sources claim to date, the company has sold more than $25 million in Scrub Daddys. Years have passed by, but the company and the product have always managed to survive in the market and only one man is responsible for this. All the credit solely goes to Aaron Krause and his marketing and business skills.
Studies show that the company earns an estimated revenue of $175 million annually and for a few years now, this number has been standing constant. Coming to the main question of the day, the founder of Scrub Daddy, originally known as Aaron Krause is currently playing in millions. That gentleman holds a net worth of around $70 million!
How Was Scrub Daddy Invented?
Sources say before becoming a millionaire, Aaron Krause used to run a factory of buffing and polishing pads. But eventually, because of heavy losses, he had to sell off this business to 3M. The company almost bought everything but forgot about those cleaning sponges. After losing everything, Aaron was on the edge of retiring. He was tired of working and hustling and had sadly accepted the fact that he is nothing but a loser.
Disappointed over his losses and inventions, Aaron finally decided to utilize those sponges for his benefit. He thought of cleaning his dishes and what’s better than rubbing those sponges on his utensils? Not only the dishes but also managed to clean lawn furniture with the same product and this is when a new idea struck his mind. This gives him the idea of making Scrub Daddy and now he is renowned all over the world as the father of Scrub Daddy!
Is Aaron Krause Planning To Sell Scrub Daddy?
The rumor is partially true. In an uncut interview, Krause was asked this question and to our surprise, he said that he might sell Scrub Daddy. But the main question is, why would you sell a company, which makes millions every year? What is exactly cooking in Aaron’s mind? Moreover, even if Aaron plans to sell Scrub Daddy, one has to pay billions to become the sole player in the company. Over the years, Scrub Daddy has doubled in size, the revenue has increased, the factory has grown big and multiple things have changed!
Aaron Krause has surely done an excellent job in framing the business graph of Scrub Daddy! Despite being the CEO, he has always worked as a force for his company. He is not like other owners who give all the responsibilities to their workers, he likes to be an integral part of the system and this is exactly why Scrub Daddy is still standing in the market. If someone ever buys this company, then just like Krause, he too will play in millions! That’s all for now, to learn more about popular figures, stay connected with us, just right here.
Scrub Daddy Net Worth – FAQs
Scrub Daddy is solely run by Aaron Krause.
Sources say Scrub Daddy earns a revenue of $175 million, every year.
Nothing has been confirmed yet but we don’t think Krause will sell Scrub Daddy so soon.
Over the years, Scrub Daddy has brought almost 160 products to the market.
Yes, Scrub Daddy has completed 10 years in the market and will soon be heading toward its 11th anniversary.
Yes, Scrub Daddy is still seen among the top 5 Shark Tank companies.
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