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The News God > Blog > Entertainment > Pie Wine Net Worth: Update After Shark Tank.
Entertainment

Pie Wine Net Worth: Update After Shark Tank.

Emmanuel Amanor
Last updated: December 22, 2023 1:13 am
Emmanuel Amanor
December 22, 2023
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8 Min Read
Pie Wine Net Worth: Update After Shark Tank.
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People have different opinions on the best beverage to pair with pizza. However, entrepreneurs Kevin Klein and Josh Green aim to unite everyone’s answer with Pie Wine. PIE Wine, the new side dish to pizza, was invented in Italy and refined in California.

Contents
Founders of Pie WineStory Behind Pie WineThe Birth of Pie WineOn Shark TankAfter Shark TankPie Wine Net WorthFrequently Asked Questions

Pie Wine is produced from grapes cultivated in California and is available in three different styles. The first kind is an Italian-inspired “dry, robust” white wine that goes well with lighter pizzas like Bianca or Primavera pizza with lots of vegetables. The second kind is a fruity, sweet wine with just the right balance to go well with traditional pizzas like Margherita.

The last option is a red wine described as “sweet and savory” that can withstand hearty toppings like prosciutto and sausage. The purpose of each wine is to bring out and enhance the distinct tastes of various pizzas. This article highlights Pie Wine’s net worth, sales, appearance on Shar Tank, and more.

Pie Wine Net Worth

Founders of Pie Wine

Kevin Klein and Joshua Green founded Pie Wine. The pals worked in entirely different fields. Previously, Kevin worked as a journalist, writing for several media publications and hosting several shows. Now, he hosts the Klein Alley Show on 106.7 KROQ in LA. On the other hand, Josh was involved in investment banking.

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Growing up, Josh and Kevin had the same favorite meal. However, as they got older and became interested in winemaking, they decided to merge the two. When Pie Wine’s founders took the stage, it was clear they were true pizza fans. They displayed a peculiar yet inventive product.

It was unique not only because it was explicitly created for pizza but also because it had a fizzy quality that is rare in wines. The history of pie wine is as charming as it is delicious. Since they were young children, Josh and Kevin have been pals.

Story Behind Pie Wine

Although there are many cocktails to pair with pizza, Kevin Klein and Joshua Green found that only some brands were filling this market. It’s also a case of passion meeting business, as the two friends and entrepreneurs are substantial pizza fans. Regarding the drinks themselves, Kevin Klein and Joshua Green are doing more than just putting fine California wine in cans.

Because pie wines are carbonated, they have an added sparkle to go with your pizza. The pair introduced their beverage at an international pizza convention in Las Vegas to win over some pizza enthusiasts before offering it online. While Pie Wines may not have been well-known to many people before “Shark Tank,” the company has gradually carved out a place for itself online. But Kevin Klein’s arrival has already brought some attention to the organization.

The Birth of Pie Wine

Pie Wine was founded in 2022 and is available in three canned wine flavors: Classic Crisp (White Wine), World Famous Red (Red Wine), and Sweet Za (Sweet White). Each was created to balance out the flavors of various pizza varieties.

Pie Wine is the preferred choice for people looking for a quick drink to enhance their pizza party experiences. The Washington Post and the Las Vegas Review-Journal covered the company, which became known as “The OG Pizza Wine.” This is nothing compared to Shark Tank’s attention. It was evident from watching the pitch that Kevin is in the radio industry.

On Shark Tank

Kevin Klein and Josh Green pitched their canned wine concept, PIE Wine, on Shark Tank Season 15. They highlighted that pizza goes best with a sweet and slightly bubbly wine like Lambrusco, which inspired their brand tagline, “Born in Italy, Perfected in California.” The entrepreneurs proposed a $200,000 transaction in exchange for 7.5% ownership of their company.

No Sharks, however, made a bid for PIE Wine. Mark Cuban agreed that the product was excellent, but he had a conflict of interest because he owned BeatBox Beverages. Kevin O’Leary loved the product but was developing his line, so he declined to invest. Daymond John was unsure about adding value and refused to make an offer.

Lori Greiner thought it was too early to invest, and Candace Nelson thought the idea was exciting but too esoteric for her. To save the situation, Josh made an offer to all of the Sharks: if they were unhappy with the contract, the partners would buy them out after one year. Despite their efforts, however, the Sharks declined to invest in PIE Wine. Kevin and Josh eventually left the Shark Tank empty-handed.

After Shark Tank

Pie Wine was unsuccessful in getting a deal from the Sharks after appearing on Shark Tank. Nonetheless, the company greatly benefited from the publicity of appearing on the show. The program attracted an estimated 3.5 million viewers, generating millions of dollars in free publicity for Pie Wine.

Pie Wine saw a spike in attention and demand for their product after appearing on Shark Tank. They were only taking pre-orders before the show. However, they were ready for the extra attention and had enough inventory to satisfy the growing demand. Pie Wine can only be bought right now through their website, PieWine.com.

Nonetheless, the business has advanced its distribution significantly.
To reach clients in 40 states nationwide, they have partnered with the well-known sales and marketing firm C.A. Fortune. To get clients in 40 states nationwide, they have partnered with the notable sales and marketing firm C.A. Fortune.

Pie Wine Net Worth

Pie Wine is worth an estimated $2.5 million. According to statistics gathered, Pie Wine began two weeks after Shark Tank in eight states, generating $300,000 to $400,000 in wholesale income and estimating $6.5 million for 2023. Manufacturing costs $1.50 per can, which the company hopes to reduce to $1.25 with additional volume. Retailers charge between $5 and $5.50 a can, with inventory now available on the company’s website.

Frequently Asked Questions

Q. Is Pie Wine still in business?

A. Yes, they are still in business.

Q. Who founded Pie Wine?

A. Kevin Klein and Josh Green founded Pie Wine.

Q. Did Pie Wine get a deal on Shark Tank?

A. No, they left the show without a deal.

Q. What Is Pie Wine’s Net Worth?

A. Pie Wine is worth $2.5 million.

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