Lulu Bang Net Worth & Success: From Shark Tank to Today

Lulu Bang, a distinctive line of barbecue and marinade sauces, gained national attention after its appearance on the television show “Shark Tank.” Founded by sisters Kelly and Jorrae Beard, the brand has intrigued many with its flavorful offerings and entrepreneurial spirit. This article delves into Lulu Bang’s net worth, its journey through “Shark Tank,” and its current status in the culinary world.

Company Name	Lulu Bang
Industry	Food (BBQ & Marinade Sauces)
Shark Tank Valuation	$1.5 Million
Annual Revenue (Estimate)	$150,000 for 10% Equity
Net Worth	$1.5 Million

Understanding Lulu Bang’s Net Worth

Determining the exact net worth of a private company like Lulu Bang can be challenging, as specific financial details are often undisclosed. At the time of their “Shark Tank” appearance in 2016, the Beard sisters sought a $150,000 investment in exchange for a 10% equity stake, valuing the company at $1.5 million. However, this valuation was based on projected growth rather than actual revenue figures. Post-“Shark Tank,” while the company experienced a surge in sales, precise net worth figures remain undisclosed.

Lulu Bang’s “Shark Tank” Experience

In Season 8 of “Shark Tank,” Kelly and Jorrae Beard presented Lulu Bang to the panel of investors, seeking $150,000 for a 10% equity share. Their pitch highlighted the unique flavors of their sauces and their existing distribution in 170 Walmart stores. Despite positive feedback on the taste, the sharks expressed concerns about the brand’s market differentiation and sales performance, leading to no investment offers. Notably, Kevin O’Leary emphasized the challenges of breaking into the competitive sauce industry.

Post-“Shark Tank” Developments

Despite not securing a deal on “Shark Tank,” Lulu Bang experienced significant growth following the show’s airing. The exposure led to a substantial increase in sales, with reports indicating that the company sold $60,000 worth of sauces in the three days following the episode’s broadcast. This surge demonstrated the impact of national exposure and the brand’s appeal to a broader audience.

Lulu Bang Net Worth: A Journey from Shark Tank to Culinary Success

Current Status of Lulu Bang

As of 2025, Lulu Bang continues to operate, offering its signature sauces both online and in select retail locations. The product line includes flavors such as BBQ Fusion, Asian Persuasion, It’s Just Hot!, and Bourbon Marinade. Customers can purchase these sauces through the company’s official website and at various retailers, including Walmart and ShopRite stores in specific regions. The company has also transitioned from glass jars to plastic bottles, addressing previous concerns about shipping and handling.

You might also like: Jelly Roll Net Worth 2025: Shocking Wealth Growth Revealed

Expansion into Catering and Other Ventures

Beyond retail sales, the Beard sisters expanded their culinary endeavors by launching a catering service named Joyce’s Soulful Cuisine, in honor of their mother. This venture offers a range of dishes infused with Lulu Bang sauces, catering to various events and gatherings. The menu features items like Lulu Bang Wangs (wings), grilled salmon, and beef brisket, showcasing the versatility of their sauces. While their physical restaurant, Lulu Bang Burgers & Wangs, operated as a pop-up in early 2017, it has since closed.

Legacy and Impact of Lulu Bang

Lulu Bang’s journey exemplifies resilience and adaptability in the face of challenges. Their story offers valuable lessons for entrepreneurs, highlighting the importance of leveraging media exposure, diversifying product offerings, and staying true to one’s brand identity. The Beard sisters’ commitment to honoring their family’s culinary traditions has left a lasting impression on the food industry, particularly within the barbecue sauce market.

Final Thoughts

Lulu Bang’s evolution from a family-inspired sauce line to a recognized brand underscores the power of perseverance and passion in entrepreneurship. Despite initial setbacks, the Beard sisters have successfully expanded their business, honoring their family’s legacy while making a mark in the culinary world. Their journey serves as an inspiration to aspiring entrepreneurs, demonstrating that with dedication and adaptability, challenges can be transformed into opportunities.

Stay connected for the latest updates and alerts from the Blogs World! Thank you!

Frequently Asked Questions

While exact figures are not publicly available, Lulu Bang’s valuation during their 2016 “Shark Tank” appearance was $1.5 million. The company has since experienced growth, but specific net worth details remain undisclosed.

Following their appearance on “Shark Tank,” Lulu Bang saw a significant increase in sales and expanded their product availability both online and in retail stores. They also ventured into catering services to diversify their offerings.

Yes, as of 2025, Lulu Bang’s sauces are available for purchase through their official website and in select Walmart and ShopRite stores in specific regions.

In addition to their sauce line, founders Kelly and Jorrae Beard launched a catering service named Joyce’s Soulful Cuisine, offering a variety of dishes featuring their signature sauces.

Lulu Bang sauces can be purchased online through their official website and at select Walmart and ShopRite locations, primarily in the Mid-Atlantic region of the United States.