Legacy Shave got popularized as the result of the appearance of the brand on Shark Tank due to their shaving brush. According to estimations, in 2026, the legacy shave net worth is expected to reach almost $7 million despite the fact that the privately-held company has not released any audited net worth figures. The founders of Legacy Shave include two brothers – Mike Gutow and Dave Gutow.
Quick Facts
| Profile Detail | Information |
|---|---|
| Full Name | Legacy Shave |
| Business Type | Shaving and personal-care brand |
| Founders | Mike Gutow and Dave Gutow |
| Main Representative | Mike Gutow |
| Known For | Evolution Shave Brush |
| Industry | Personal care and grooming |
| Headquarters | Royal Oak, Michigan, USA |
| Country | United States |
| Flagship Product | Legacy Shave Evolution Brush |
| Product Type | Shaving cream dispensing brush attachment |
| Patent Status | Patented product design and utility features |
| Shark Tank Appearance | Season 14 |
| Shark Tank Air Date | November 18, 2022 |
| Shark Tank Ask | $300,000 for 10% equity |
| Implied Asking Valuation | $3 million |
| Shark | Lori Greiner |
| On-Air Offer | $700,000 for 95% equity |
| Reported Royalty | 3% of net sales for life |
| Pre-Shark Tank Sales | About $1 million in lifetime sales |
| Main Product Category | Shaving brushes and grooming products |
| Main Income Sources | Product sales, shaving accessories and grooming bundles |
| Website | LegacyShave.com |
| @legacyshave | |
| X | @LegacyShave |
| Founders’ Relationship | Brothers |
| Brand Origin | Michigan, United States |
Net Worth Over the Years
Estimated net worth progression by year.
View yearly values
| Year | Net worth (estimated) |
|---|---|
| 2022 | $3,000,000.00 |
| 2023 | $4,000,000.00 |
| 2024 | $5,500,000.00 |
| 2025 | $7,000,000.00 |
| 2026 | $7,000,000.00 |
| Platform | Official Account | Followers |
|---|---|---|
| @legacyshave | Approximately 5.1K followers | |
| YouTube | LegacyShave / Legacy Shave | Approximately 218 followers |
| X | @LegacyShave | Approximately 201 followers |
Frequently Asked Questions
How much is Legacy Shave worth?
Legacy Shave is estimated to be worth around $7 million in 2026, although the company has not publicly released an audited valuation.
What happened to Legacy Shave after Shark Tank?
After appearing on Shark Tank, Legacy Shave gained wider attention and continued selling its shaving products. The televised deal with Lori Greiner reportedly did not close after filming.
Is Legacy Shave still in business?
Yes. Legacy Shave is still in business and continues to sell its Evolution Shave Brush and other grooming products online.
Who owns Legacy Shave?
Legacy Shave was founded by brothers Mike Gutow and Dave Gutow. Current ownership percentages are not publicly disclosed.
Where is Legacy Shave now?
Legacy Shave continues to operate as a Michigan-based grooming brand, selling shaving products through its official website and online retail channels.
READ MORE!
CELEBS ARTICLE: Finesse2tymes Age, Real Name, Net Worth & Personal Details
