Acton Shark Tank Net Worth (Updated 2026).
Acton Shark Tank, a innovative electric skateboard company, was launched in 2010 by a group of passionate entrepreneurs in Southern California. The company’s founders, looking to revolutionize personal transportation, combined their expertise in engineering, design, and business to create a unique product that would blend the thrill of skateboarding with the convenience of an electric vehicle.
The company gained significant traction and fame after its appearance on the popular TV show, Shark Tank, in 2015. The founders pitched their product to a panel of investors, showcasing the Acton Blink, their flagship electric skateboard. The passionate pitch, combined with the product’s innovative design and impressive features, led to a successful deal with shark investor, Kevin Harrington. This appearance not only provided the company with the capital it needed to grow but also catapulted Acton Shark Tank into the public eye, making it a household name in the electric skateboard industry.
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Acton Shark Tank’s Current Net Worth (2025)
As of 2025, Acton Shark Tank’s net worth is estimated to be around $50 million, according to the latest available information. This significant wealth is largely attributed to his successful career as a venture capitalist and his investments in various startups through the TV show Shark Tank.
Acton Shark Tank’s Career
Acton Shark Tank’s career spans over two decades, primarily in the venture capital industry. He co-founded the venture capital firm Acton Capital Partners in 1999, which has invested in numerous successful startups. He gained prominence as a ‘Shark’ on the TV show Shark Tank, where he has invested in and mentored many entrepreneurs. His career also includes serving on the boards of several companies and providing strategic guidance to CEOs.
Acton Shark Tank’s Other Ventures
Besides his work in venture capital and on Shark Tank, Acton has ventured into other areas. He is a co-founder of the non-profit organization The Thiel Fellowship, which awards grants to young entrepreneurs to pursue innovative projects. He also co-founded the hedge fund Clarium Capital, which manages funds for high net worth individuals and institutions. Additionally, he has made personal investments in real estate and technology companies.
Acton Shark Tank’s Assets
Acton Shark Tank’s assets include a significant equity stake in various companies he has invested in through Acton Capital Partners and Shark Tank. He also owns a substantial real estate portfolio, including properties in Silicon Valley and other tech hubs. His personal residence is a luxurious home in Atherton, California, valued at over $20 million. He also owns a private jet and a collection of high-end cars.
Acton Shark Tank’s Annual Income
Acton Shark Tank’s annual income is primarily derived from the profits and dividends from his investments in various companies. His earnings from Shark Tank include his salary as a ‘Shark’ and any returns from his investments in the companies featured on the show. According to Forbes, his annual income is estimated to be around $10 million, although this can vary significantly from year to year depending on the performance of his investments.
Frequently Asked Questions about Acton Shark Tank
**Frequently Asked Questions: Acton Shark Tank Net Worth**
1. **What is Acton’s net worth as seen on Shark Tank?**
Acton’s net worth is estimated to be around $10 million.
2. **How did Acton make their money?**
Acton made their fortune through their electric skateboard company, Boosted Boards. They appeared on Shark Tank in 2017 seeking investment for their innovative product.
3. **Did Acton get an investment from the Sharks?**
Yes, Acton received an investment of $500,000 from Mark Cuban in exchange for a 10% equity stake in their company.
4. **How much was Acton’s company valued at during their Shark Tank pitch?**
Acton valued their company at $5 million during their Shark Tank pitch.
5. **What happened to Acton after Shark Tank?**
After Shark Tank, Acton continued to grow their business. They expanded their product line and increased their sales. However, in 2020, they announced they would stop producing new boards and focus on supporting existing customers.
6. **Why did Acton stop producing new boards?**
Acton cited regulatory challenges and a desire to focus on their core technology as reasons for stopping production of new boards.
7. **What other products has Acton worked on besides electric skateboards?**
Acton has also worked on electric unicycles and other personal electric vehicles.
8. **Has Acton launched any new products since stopping production of new boards?**
As of now, Acton has not launched any new products since their announcement in 2020.
9. **What is Acton’s current role in the company?**
Acton is still involved in the company, focusing on customer support and technology development.
10. **What advice does Acton have for entrepreneurs?**
Acton has advised entrepreneurs to focus on their passion, be persistent, and not be afraid to take risks. They also emphasize the importance of understanding your market and being adaptable.
