Copa Di Vino, with a net worth of $90 million, is a standout product introduced on “Shark Tank” that revolutionized wine packaging and consumption.
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Copa Di Vino appeared on Shark Tank in two Seasons of Shark Tank but left without a deal.
Despite this, the company has gone on to be a huge success, with sales of over $20 million per year.
Copa Di Vino was acquired by Splash Beverage Group for $65 Million in 2021. It happens to be third most successful product that was rejected by Sharks joining the likes to Swimply.
Copa Di Vino Net Worth
Net Worth | $90 Million |
Founder | James Martin |
Annual Revenue | $20 Million |
Profits | $4.7 Million |
Lifetime Sales | $100 Million |
Employees | 15 |
As of 2024, Copa Di Vino continues to thrive and expand. Available in major retail outlets like Walmart, Kroger, and 7-Eleven, as well as in hotels and restaurants.
The founder of Copa Di Vino is James Martin. He is a serial entrepreneur who has started and sold several businesses.
Related: Cupbop’s Net Worth
Martin came up with the idea for Copa Di Vino in 2009 after he was frustrated with the inconvenience of opening bottles of wine.
Martin initially poured $800k into launching Copa Di Vino. When Splash Beverage Group took over the company, he held a 41% equity stake.
From this acquisition, Martin garnered a substantial $26 million. His first purchase with his wealth was a Lamborghini Urus that cost him $245,000.
Shark Tank Pitch
Only Kevin O’Leary showed interest, proposing $600,000 for 51% ownership of the intellectual property.
Martin, however, believed his entire business was worth more. Consequently, the two couldn’t come to an agreement.