Elly aka Ellyette Gheno Net Worth: How Rich Is The Bootaybag Owner? Shark Tank Update

July 2024 · 3 minute read

Ellyette Gheno is a young entrepreneur. She is the founder and Chief Executive Officer of Bootaybag. Stay tuned to find out more about the entrepreneur.

Ellyette created her own business after a terrible experience while shopping for underwear. It inspired her to start her own subscription underwear service Bootaybag. She had disliked the process of waiting for the sales and digging through bins.

In 2016, Gheno took a loan of $300 and worked on her website. Within two days, she built a website and started getting orders. She opened the business to provide a better customer experience and offer affordable underwear year-round.

Subscribers can buy underwear in one of the three packages each month: $10 for a single pair, $15 for a two-pack, and $20 for a four-pack of underwear.

Earlier she used to vend the online vendors and clearance bins, but later she partnered up with designers to provide high-quality bras and panties.

Ellyette Gheno’s Net Worth 2022: How Rich Is The Bootyabag Owner?

Ellyette has anet worth of $5 million. Bootyabag is operated by an all-women team that provides an underwear subscription at an affordable price.

Bootyabag was featured in Shark Tank. Shark Tank is a series where aspiring entrepreneurs from around the world pitch their business models to a panel of investors and persuade them to invest money in their idea.

Gheno went to Shark Tank asking $500,000 for a five percent stake. Kendra Scott who was a shark offered $500,000 for a ten percent stake. The battle between the sharks was fierce, but Kendra ended up on top.

Interested people can subscribe through their website to get started. Bootyabag has been a successful subscription business.

Ellyette Gheno Wikipedia Bio

The information on the young businesswoman is not yet available on the official page of Wikipedia.

Elly was a college dropout with no educational background. But she was sharp, quick, and had an aptitude for business. She always wanted to be an entrepreneur and had ideas in her mind but never had a eureka moment.

She was a cosmetic enthusiastic and would wait for her monthly subscription every month. Everything had a subscription service but there was none for underwear. Then the idea for an underwear subscription came into her mind and started working for it.

She worked on her website and started the business.

Ellyette Gheno’s Age And Her Family

Currently, Elly is 30 years old. The date of birth of Gheno is unknown.

She is from Colorado. Her parent’s name is not available now and much is not known about them. However, her mother is also a businesswoman who used to run a hair salon and was the owner as well.

Elly had decided that she would take over the salon once her mother retired. But she choose a different path and opened her own business.

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