Although many people adore wine, not everyone finds grape-based varietals to be to their taste buds’ liking. However, people who are searching for something special could have trouble finding a wine that suits their tastes.
Ayele Solomon, an entrepreneur coming from Ethiopia, observed this gap and offered a solution: honey-based wine. Bee D’Vine Honey Wine was formed from this notion, blending two simple ingredients: honey and spring water. Many people haven’t tried Bee D’Vine, a sweet, smooth alternative to regular grape-based wines.
Ayele offered this unique wine on Shark Tank to pique the sharks’ interest and close a sale. His primary aim was to grow his honey wine company, so he requested $750,000 in exchange for 25% equity in his company. Did the entrepreneur get a deal on Shark Tank? Check out our Bee D’Vine Honey Wine update to find out!
Bee D’Vine Honey Wine Net Worth Shark Tank Update 2025
Ayele Solomon asked for a $750k investment in exchange for 25% equity in his company. This meant he valued his company at $3 million. He made a deal with Mark Cuban, Lori Greiner, Robert Herjavec, and Daniel Lubetzky for $750k in exchange for 40% of his company. This new deal valued his company at $1.875 million. After the show aired, Bee D’Vine Honey Wine saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Bee D’Vine Honey Wine is about $2.475 million.
Bee D’Vine Honey Wine had notable growth following its Shark Tank participation. Before the event, the company had only made $400,000 in sales over six years, so it saw a significant increase. Sales of Ayele’s wine on a honey basis increased as it gained greater recognition. Bee D’Vine is still operating as of 2024, and it has a net worth of about $1.2 million.
The business kept selling its high-end wines, which ranged in price from $50 to $350 per bottle. They have created a membership club, which comes with incentives like free shipping and gift products. In recent years, Bee D’Vine has gained popularity as a unique, environmentally friendly wine option.
Bee D’Vine did indeed close a transaction. Ayele asked for $750,000 when he first joined the tank for a 25% stake in his business. A few sharks showed interest after trying the wine and learning about the effort to conserve the bees. In the end, Ayele was generously offered $750,000 for 40% stock by Mark Cuban, Lori Greiner, Robert Herjavec, and Daniel Lubetzky, who all worked together to make the deal.
| Daniel Lubetzky, Mark, Lori, and Robert. | Offer & Demand | Counteroffer | Accepted? |
| Daniel Lubetzky, Mark, Lori and Robert. | $750,000 for 40% equity | N/A | Yes |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Bee D’Vine Honey Wine Shark Tank pitch
Ethiopia, where honey wine is traditionally prepared and enjoyed, is the country of Ayele Solomon’s birth. Ayele introduced honey wine to the US market because of his ambition to do something unique and his cultural heritage. He aimed to provide a wine with a refined flavor that didn’t come from grapes. Ayele also had a mission to safeguard the environment by assisting in the bees’ declining population.
Establishing a market for a product that people were unfamiliar with was one of Ayele’s toughest obstacles. People needed some time to comprehend and value honey wine. The business grew slowly, and Ayele found it difficult to build his enterprise. But his drive to create a superior, long-lasting product persisted.
Ayele began his Shark Tank presentation by outlining his goals for the business and his love of producing honey wine. He described the recipe, which calls for only honey and spring water, no grapes. The sharks were all impressed by the taste of the four different wines that Ayele had given them samples of. The sharks gave him extra marks since he also underlined how his company protects bees.
Ayele stated he needed the money to expand the company and attract additional clients, therefore, he requested $750,000 in exchange for 25% of the business.
Mark Cuban enquired about the cost of production. According to Ayele, each bottle costs roughly $5 to make, but it retails for $39 to $49.
Robert Herjavec enquired about the amount of sales. Ayele acknowledged that after six years, the business had brought in $400,000, with $115,000 coming in the previous year.
Daniel Lubetzky enquired about the bee conservation aim and its connection to the business. According to Ayele, using more honey encourages beekeeping, which helps to preserve the bee population.
Mark Cuban believed the product was good, but he felt it was too expensive for the mass market. He proposed making a less expensive wine.
Lori Greiner offered to assist with branding and retail and concurred with Mark.
The flavor and Ayele’s passion for conserving bees impressed Robert Herjavec.
Daniel Lubetzky admired the mission behind the organization and was eager to invest.
Kevin O’Leary, having worked in the wine business before, decided not to invest.
Following a debate, Ayele accepted the $750,000 for a 40% equity offer from the sharks—Mark, Lori, Robert, and Daniel.
Product Availability
Bee D’Vine Honey Wine is available for purchase on the company’s official website Bee D’Vine Honey Wine, where buyers may choose from several bottles ranging from $50 to $350. The business provides a membership program with free shipping and other prizes.
The wine is well-known for both its distinct flavor and its environmentally conscious mission, as each purchase promotes beekeeping and the preservation of the environment. For those seeking a luxurious wine experience while being mindful of the environment, Bee D’Vine is a great choice.
Conclusion
The Shark Tank adventure of Bee D’Vine Honey Wine was a delightful success. The company’s goal and Ayele Solomon’s enthusiasm struck a chord with the sharks, despite the business’s sluggish progress prior to the show. The agreement with Mark Cuban, Lori Greiner, Robert Herjavec, and Daniel Lubetzky enabled Bee D’Vine to expand and attract new clients, helping it soar to new heights.
Bee D’Vine is still going strong, thanks to its distinctive honey wine and dedication to protecting bees. It would be interesting to watch how Ayele improves this ground-breaking product even more and broadens its appeal as the business grows.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
