Henry’s Humdingers Net Worth Shark Tank Update 2025

Henry Miller is a youthful farm lad with a grand aspiration. He launched a venture named Henry’s Humdingers. The business offered spicy honey featuring flavors such as cayenne and ginger. He aimed to make honey distinctive. He believed that including spice would make it distinctive. In 2013 he presented his product to the investors on Shark Tank. Henry requested $150,000 in return for a 25% stake in his business.

He possessed large aspirations. His parents assisted in managing the business. They invested their retirement funds in it. However, Henry required additional funds to expand. He wished the sharks would assist. Will the entrepreneur get a deal on Shark Tank? Check out the Packback update to find out!  

Henry’s Humdingers Net Worth Shark Tank Update 2025

Henry Miller went on Shark Tank asking for $150,000 for 25 % of his company. This meant he thought his business was worth $600,000. He made a deal with Mark Cuban and Robert Herjavec for $300,000 for 75 %, lowering the valuation to $400,000. The episode was aired on March 21, 2014. The spiced-honey company later closed. The current net worth of Henry’s Humdingers is $0 in 2025.

After Shark Tank Henry’s Humdingers did not do well, the deal Henry made with Mark Cuban and Robert Herjavec was never finalized. The business struggled. Sales were low. Henry had hopes for the future but his business faced many challenges. Sadly, in 2019, he had to shut down his business. The family lost their farm. Later their home burned down.

Henry’s mother was hurt and the family lost several pets. This tragedy taught Henry that family is the most important thing. The business may be gone but his story reminds us to never give up on what matters.

Yes Henry got a deal on Shark Tank. He asked for $150,000 in exchange for 25% of his company. But the sharks had other ideas. Mark Cuban and Robert Herjavec offered him $300,000 for 60% of the business. Robert later changed his mind and asked for 75% equity instead. Henry was unsure but agreed to the deal. Sadly the deal never went through. This was a turning point in Henry’s journey.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Lori Greiner	Out	N/A	N/A
Robert Herjavec	$300,000 for 60% equity (Combined Offer)	$300,000 for 75% equity	Yes
Kevin O’Leary	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	$300,000 for 60% equity (Combined Offer)	N/A	Yes

Henry’s Humdingers Shark Tank pitch

Henry Miller was merely a young child when he began working with bees. Henry got a honey-beekeeping kit for his 12th birthday. This ignited his fascination with bees and honey. He noticed that bees were perishing due to an issue known as Colony Collapse Disorder. He desired to assist in saving the bees. Henry launched his honey enterprise Henry’s Humdingers. He utilized the earnings to contribute to bee conservation organizations.

As time passed, he understood that to differentiate his honey he had to include something unique. He infused the honey with ginger, cayenne, and various other intense flavors. The zesty honey turned into his distinctive selling feature. He put in a lot of effort to refine the recipes. With assistance from his parents, he marketed his honey in shops nationwide.

The company began to expand but Henry realized he required additional assistance to thrive. This is the reason he chose to present his idea on Shark Tank.        

When Henry stepped onto the Shark Tank stage, he had big plans for his honey business. He asked for $150,000 in exchange for 25% equity in his company. Henry explained that he had a unique product, spicy honey. He offered samples of his honey for the sharks to try. He told them that his honey was sold in 300 stores across 30 states. Henry had already made $67,000 in sales over three years.

He even said that $50,000 of that came in the year before filming. Henry’s pitch was clear. He believed that spicy honey could be the next big thing. He needed the sharks’ help to expand his business. Henry wanted to use the money to grow and repay his parents. His parents had used their retirement funds to help start the business. Without the sharks’ help, Henry feared his family would lose everything. The sharks listened carefully and then started to ask questions.

The sharks posed numerous inquiries to Henry. The first shark to speak was Kevin O’Leary. He mentioned that Henry’s sales figures were weak. He thought individuals weren’t interested in infused honey. Lori Greiner followed. She believed that the majority of people liked plain honey best. She believed Henry’s spicy honey wouldn’t gain popularity. Barbara Corcoran admired Henry but felt Shark Tank wasn’t suitable for his business.

She chose to withdraw. Robert Herjavec was on the brink of departing as well. He was uncertain about the significant risk present. However, Mark Cuban advised him to consider the proposal before making a decision. Mark mentioned that he and Robert were able to propose $300,000 to Henry for 60% ownership in his company.

Mark stated that he preferred not to take charge of a business. However, in Henry’s situation, the effort required to expand the business indicated that they would require a majority stake. Robert consented to this and mentioned that he had a connection in the Canadian honey sector who could assist them. He suggested acquiring 75% of the company rather than 60%. This represented a significant shift from Henry’s initial proposal. Henry paused.

He was reluctant to reveal too much about his business. However, he consented to the agreement. He believed it was his greatest opportunity for achievement.            

The sharks had very different opinions on Henry’s product. Kevin, Lori, and Barbara all decided to pass on the deal. They were not convinced that spicy honey would be successful. They didn’t believe enough people would want it. Robert and Mark, however, saw potential. They knew it would take a lot of work, but they were willing to help. They believed in Henry’s passion and drive. They knew they could help the business grow.

Mark Cuban and Robert Herjavec offered Henry $300,000 for 60% of the company. Robert later changed the offer to 75%. Henry was unsure but agreed. He felt that without their help, his business wouldn’t survive. The deal was made. But later things didn’t go as planned. 

What Went Wrong With Henry’s Humdingers On Shark Tank?

The agreement with Mark and Robert never materialized. Following the performance Henry’s Humdingers encountered numerous difficulties. The company faced challenges due to weak sales. Henry’s family needed to use their savings to maintain the business operations. Without the agreement, they encountered even greater financial challenges. Henry had wished that the sharks would assist him in his growth but the backing never materialized.

In January 2019 Henry had to close the business. The family had given up their farm. Subsequently, in April 2019 a disaster occurred. Their house was destroyed by fire. Henry’s mother sustained injuries and the family suffered the loss of pets. These occurrences led Henry to understand that family is the most significant aspect.

Product Availability

Henry’s Humdingers sold spicy honey with flavors like cayenne and ginger. The product was unique because it combined the sweetness of honey with spicy flavors. The honey came in several variations each with a different level of spice. The honey was available for purchase in 300 stores across 30 states. It was also sold online through the company’s website. Henry’s Humdingers sold well in certain stores but it struggled to reach a wider audience.

The pricing of the product varied but the honey was considered a premium item. Despite being available in many stores it did not see the kind of success Henry had hoped for. The company’s website was a key part of the sales strategy but it was not enough to sustain the business in the long run.

Conclusion

Henry’s Humdingers had a dream to make spicy honey a household name. He pitched his idea on Shark Tank and got a deal from Mark Cuban and Robert Herjavec. Sadly the deal never went through and the business struggled to succeed. Henry’s family faced many challenges including the loss of their farm and home. In the end, Henry had to close his business.