Wondry Cocktail Wines Net Worth Shark Tank Update 2025

Whitney and Chaz Gates created Wondry, a brand of fruit-based wines made from flavors like peaches, apples, and mangoes, rather than the usual grapes. The idea came to Whitney during the COVID-19 pandemic when she realized there weren’t many interesting, fruity wines available. This reminded her of her uncle’s homemade wines, which used various fruits and vegetables.

Wondry wines are unique because they are sweeter, more flavorful, and have double the alcohol content compared to regular sweet wines. Beyond just making delicious beverages, the company aims to make a positive impact—part of the proceeds supports minority-owned businesses.

In Shark Tank Season 14, Whitney and Chaz sought $185,000 for 8% of their company to grow their production and reach more customers. After some negotiation, Mark Cuban was impressed with their idea and offered them $225,000 for 15% equity in the company.

Wondry Cocktail Wines Net Worth Shark Tank Update 2025

Whitney and Chaz were looking for an investment of $185k in exchange for 8% equity in the company. At the time of the episode, they valued their company at $2.3 million. Whitney and Chaz successfully secured a deal with Mark Cuban for an investment of $225k for 15% equity in the company. The investment adjusted the company’s net worth to around $1.5 million. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Wondry in 2025 is around $1.5 million.

Shark(s) nameOffer & DemandCounterofferAccepted?
Peter Jones OutN/AN/A
Lori GreinerOutN/AN/A
Kevin O’LearyOutN/AN/A
Daymond JohnOutN/AN/A
Mark Cuban$200,000 for 15% equity$225,000 for 15% equityYes

Whitney Gates Backstory + Their Initial Pitch 

Whitney Gates grew up inspired by her uncle, who made wine from fruits and vegetables. While she loved the idea, it wasn’t until the pandemic that she and her husband, Chaz, decided to explore making their own wine. With extra time at home, they started experimenting with different recipes.

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Chaz, who works as a corporate lawyer, applied his business know-how to help them launch their wine brand. They began their venture in Dallas, producing wine themselves. Every step of the process, from bottling to labeling to shipping was done by hand, which took a lot of effort, but they were passionate about their product.

Their breakthrough came when they were able to sell their wine in popular stores like Target and Total Wine. This led to significant sales, and by August 2021, they had generated $250,000 in revenue, with a profit of $60,000.

Whitney and Chaz eventually appeared on the TV show “Shark Tank.” They brought along samples of their wine, particularly highlighting their popular drink, Sangria Especial. They explained what made their brand, Wondry, unique: the wine has a higher alcohol content, is made from organic ingredients, and supports minority entrepreneurs.

During their pitch, they sought $185,000 in exchange for 8% ownership of their company. They planned to use the investment to buy an automated bottling system and grow their distribution.

Queries + Shark’s Responses, and Final Deal

Daymond liked the couple but said he didn’t know much about the wine industry since he doesn’t drink wine. He decided not to invest.

Lori appreciated their enthusiasm for their product but mentioned that she avoids sweet wines, which their brand offers. Because of this, she chose not to invest.

Peter shared that he had a negative experience with a previous wine business, so he wasn’t interested. He simply stated that wine wasn’t for him and opted out.

Kevin pointed out that most wines are sold for under $14.99, while the couple’s wine was priced higher at $18.99. He already had his own wine brand and didn’t want to compete with them, so he also decided not to invest.

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Mark saw potential in the business and wanted to help the couple grow. He inquired about their needs, and they said an automated bottling system. Mark offered them $200,000 in exchange for 15% ownership of the business. The couple proposed $250,000 for the same percentage. After some negotiation, they settled on $225,000 for 15%, and they closed the deal with a handshake.

Product Availability

Wondry is a brand that sells fruit wine in four tasty flavors:

1. Peach: Sweet and refreshing.

2. Apple: Crisp and smooth.

3. Mango: Bold and tropical.

4. Sangria Especial: Their most popular flavor.

You can buy Wondry In retail stores like Target, Costco, and Total Wine and also At some bars and restaurants in Texas. You can also buy them online at their website. Each bottle costs $18.99, which is considered a premium price because the wine is made from organic ingredients and has a higher alcohol content.

What Happened To The Wondry Cocktail Wines After Shark Tank?

Wondry, a company that likely produces beverages, made a deal with a well-known investor, Mark Cuban, in 2023. 1. Wondry secured a long-term partnership with a big liquor distributor, which will help them get their products into more places over the next ten years.

Their products are now available in over 440 stores, including popular retailers like Target, Costco, and Total Wine. This means more people can buy their drinks. After appearing on the TV show “Shark Tank,” Wondry saw a huge increase in sales by 1000% and their total earnings jumped to $1.1 million.

As of today, the company’s overall value is $1.5 million, and they are making about $500,000 each year. They are continuing to expand by focusing on online sales and developing new flavors to attract more customers.

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Conclusion 

Whitney and Chaz Gates appeared on the TV show Shark Tank with a goal: they wanted to make fruit-based wines a popular choice for people. While some of the business experts on the show had doubts about their concept, Mark Cuban, one of the show’s investors, saw the potential in their idea and decided to invest $225,000 in their business.

This investment was crucial as it helped them secure an important deal to distribute their wines more widely and grow their business across the country.

Now, their brand, Wondry, is doing really well. They are selling their products in hundreds of stores and the company’s value has reached $1.5 million. Their journey is a testament to the idea that with a creative concept and hard work, it’s possible to succeed in a tough business environment.