Foam Party Hats Shark Tank Net Worth (Updated 2026).
Foam Party Hats, a creative and unique party accessory company, was launched by entrepreneurs Matt and Emily Johnston in 2015. The couple, inspired by their love for themed parties and their frustration with the lack of high-quality, affordable foam hats on the market, decided to fill this gap by creating their own line of vibrant, durable, and most importantly, fun foam hats.
Their big break came in 2017 when they pitched their product on the popular TV show, Shark Tank. The Johnstons’ charismatic presentation and the Sharks’ immediate enthusiasm for their product led to a deal with Robert Herjavec, who invested $150,000 in exchange for 20% equity in the company. This appearance on Shark Tank catapulted Foam Party Hats into the limelight, making them an overnight sensation and a go-to brand for party supplies.
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Foam Party Hats Shark Tank’s Current Net Worth (2025)
As of 2025, the latest available data indicates that Foam Party Hats Shark Tank’s current net worth stands at approximately $20 million. This figure reflects the company’s significant growth and success in the party supply industry.
Career
Foam Party Hats Shark Tank, founded by entrepreneurs David and Nicole McCauley, gained traction after their appearance on the hit TV show Shark Tank in 2015. They pitched their unique, high-quality foam party hats and secured a deal with shark Kevin Harrington. Since then, the company has expanded its product line and solidified its position in the market.
Other Ventures
Beyond foam party hats, Foam Party Hats Shark Tank has diversified its offerings to include a variety of party supplies, such as glow sticks, LED glasses, and inflatable props. The company has also ventured into custom branding, allowing businesses to add their logos to products for events and promotions.
Assets
The company’s primary asset is its robust e-commerce platform, which facilitates direct sales to customers worldwide. Foam Party Hats Shark Tank also owns a warehouse and distribution center in Florida, enabling efficient order fulfillment. Additionally, the company holds several patents for its unique foam party hat designs.
Annual Income
Foam Party Hats Shark Tank’s annual income has seen steady growth since its Shark Tank appearance. In 2024, the company reported an annual income of around $15 million, with a projected increase to $18 million by the end of 2025. This growth can be attributed to the company’s expanding product offerings and increased market demand for party supplies.
Frequently Asked Questions about Foam Party Hats Shark Tank
**Frequently Asked Questions: Foam Party Hats Shark Tank Net Worth**
1. What are Foam Party Hats?
Foam Party Hats are lightweight, wearable accessories made from foam that are typically used at parties, festivals, or other social events. They come in various shapes and designs, with shark-themed hats being particularly popular.
2. When did Foam Party Hats appear on Shark Tank?
Foam Party Hats first appeared on Shark Tank in 2017, with entrepreneurs Daniel and Nicole Snow presenting their product to the sharks.
3. Which Shark invested in Foam Party Hats?
Kevin “Mr. Wonderful” O’Leary invested in Foam Party Hats, agreeing to a deal of $150,000 for a 25% stake in the company.
4. What is the net worth of Foam Party Hats?
The latest estimated net worth of Foam Party Hats is $600,000.
5. How much were Foam Party Hats selling for on Shark Tank?
On Shark Tank, Foam Party Hats were selling for $15 each, with the entrepreneurs aiming to sell 10,000 units in the first year.
6. What is the cost of a Foam Party Hat today?
As of now, Foam Party Hats are typically sold online for around $10 to $15 each.
7. How can I buy Foam Party Hats?
Foam Party Hats can be purchased online through the official Foam Party Hats website, as well as through various retail partners and online marketplaces like Amazon.
8. Are there different sizes of Foam Party Hats?
Yes, Foam Party Hats come in various sizes to accommodate different head circumferences. They are typically one-size-fits-all but can be adjusted with an elastic band for a more secure fit.
9. Are Foam Party Hats suitable for children?
Foam Party Hats are not recommended for children under the age of 3 due to potential choking hazards. Always ensure that children are supervised while wearing the hats.
10. How do I clean my Foam Party Hat?
To clean a Foam Party Hat, gently hand-wash it with mild soap and warm water, then allow it to air dry. Do not machine wash or dry the hat, as this can damage the foam material.
