Shark Tank Johnny Georges Has Made A Million-Dollar Net Worth From His Tree-T-Pee Business

In Season 5 of Shark Tank, Tree-T-Pee founder 58 year-old Johnny Georges successfully pitched his business and secured a valuable deal with one of the investors. 

Johnny Georges picked up a Tree-T-Pee blueprint in 1986 and has worked on this for over 30 years.

Highlights

• A basic Tree-T-Pee is available for $9.95 online. This is up from the original price of $5.50; each sale made just $2.55 in profit.
• The entrepreneur John Paul DeJoria decided to invest in the business and offered Jhonny Georges $150,000 for a 20% stake.
• The estimated net worth of Tree-T-Pee in 2024 is projected to be approximately $120 million.

He started by taking water from the ground, but now he wants to help save it for future generations.

His father, Rick Georges, was a leader in the citrus industry and made essential improvements in irrigation.

Together, they developed the first Tree-T-Pee in 2005 through his company, GSI Supply, Inc., to shield young trees from frost damage.

Tree-T-Pee  Has Amassed Substantial Revenue From Its Sales Since Shark Tank Days

The Tree-T-Pee is a cone-shaped product that holds water and nutrients for one to five-year-old trees.

Made in the U.S. from 100% recycled plastic, it helps young trees thrive.

He noted that farmers who have never used the Tree-T-Pee tend to dislike it, while those who have tried it really love it.

The Tree-T-Pee is a water-saving device made from 100% recyclable material. It can reduce water usage by 75% and cut watering time from 8 hours to just 30 minutes.

A basic Tree-T-Pee is available for $9.95 online.

This is up from the original price of $5.50; each sale made just $2.55 in profit. Now, thanks to expanding globally, the sales margin has increased.

 

Many people have said that the Tree-T-Pee works perfectly within a budget.

Similarly, the National University of San Antonio Abad del Cusco has contacted us to inquire about the pricing and shipping of their programs.

Georges’s appearance on Shark Tank in 2013 helped him reach more farmers and share his innovative product with them.

Also, the entrepreneur John Paul DeJoria decided to invest in the business and offered Georges $150,000 for a 20% stake.

The duo sold thousands of Tree-T-Pees overnight, and sales have grown since then. They also started a campaign to distribute their product in 80 countries.

The estimated net worth of Tree-T-Pee in 2024 is projected to be approximately $120 million.

So, the founder, Johnny Georges, enjoys a net worth of around $30 million.

Additional Information

• Johnny and his wife, Natalie, are blessed with five children.
• In high school, Johnny was in FFA and enjoyed sports. These days, he can be riding his Polaris RZR.
• He has a son named 28 year old Wesley, who is actively involved in baseball.