Aaron Krause Net Worth: $70 Million As the founder and CEO of Scrub Daddy, he has a net worth of over $70 million. Although Aaron Krause invented the product, Scrub Daddy, he was able to compound his wealth due to the help of Lori Greiner, his investor on Shark Tank.
When Aaron Krause was young, he often stayed up late reading in bed. Krause is the inventor of Scrub Daddy, a kitchen sponge, and also Shark Tank’s greatest success story.
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Aaron Krause attributes his success in Scrub Daddy due to his college years at his undergraduate, Syracuse University. He graduated with a degree in psychology. He later realized how important psychology was to business.
When did 3M acquire Aaron?
In September 2008, after engaging in lengthy discussions, 3M agreed to acquire his company. Aaron then received national attention when he appeared on the hit ABC show Shark Tank with his invention the smiley face Scrub Daddy scrubbing sponge.
Prior to his success, Aaron graduated Syracuse University with a degree in psychology. Much to his parents’ dismay, he found his niche in the car detailing industry. This led to the development and patenting of a double-sided buffing pad that solved many problems encountered in the car detailing business.
Who is Aaron Krause?
Aaron Krause is an accomplished entrepreneur and inventor with more than 20 years of experience in patenting and manufacturing innovative products. With patented products in major big-box retailers by such industry giants as 3M Company, Krause prides himself on hard work, dedication and imagination. Krause received national attention …
Knowing he was onto something, Krause’s mantra summarized what he was most dedicated to: solving problems through innovation. In September 2008, after Krause engaged in discussions with the industry leader in his category, 3M agreed to acquire his inventions.
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