Legacy Shave net worth by two brothers, Mike and Dave Gutow in 2016. It was inspired by their late father’s love of shaving. They created a shaving brush with a built-in foam can while in college but they weren’t ready to launch the business until they found 3,000 of them in their father’s basement. This was a sign for them to take the risk and bring their idea to reality. They applied to Shark Tank and got a deal with Lori Greiner in Season 14.

After appearing on the show, the company experienced a significant jump in sales. It also appeared on QVC and increased their market share. Despite competing with well-established brands, Legacy Shave has managed to stand out through their unique products and direct-to-consumer strategy. Their Shark Tank fame and investment from Lori Greiner have helped them boost their net worth.

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As of 2024, Legacy Shave has a net worth of $50 million. This amount is only increasing with their continued success in the industry. Their innovative products and customer satisfaction have earned them a large following.

The shaving industry is a huge market. Many companies are trying to capitalize on the trend by creating new products that improve the overall shave. Legacy Shave’s products offer a more comfortable, less messy experience than traditional shaving cream. This makes their products a great addition to any man’s grooming routine. They continue to improve and expand their product line while staying true to their brand’s mission.