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Burt Shavitz

got only $4M of $173M sale

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Burt of Burt's Bees got just $4M of a $173M sale

Despite owning a third of Burt's Bees, beekeeper Burt Shavitz received only $4 million when his partner sold the company for $173 million; the brand is now worth over $1 billion.

$4M
Burt's payout from the $173M Burt's Bees sale · USD
So Burt's Bees is now worth over $1 billion, but he only got $4 million when she sold it off for $173 million. She gave him $4 million when she sold it for $173 million.
EP 212 · 48:24 · SHAAN
Read at 48:24
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