Cashmere Hair Net Worth 2025 Update (Before & After Shark Tank)

Cashmere Hair, Clip-in hair extensions, was started by Rachel Barone, and Melissa Bernstein. On December 13, 2013, they appeared on Season 5 of Shark Tank USA seeking $45,000 in exchange for 15% equity valuing the company at $300,000.

However, the Sharks were not interested in investing in Cashmere Hair. Sharts stated its too early to invest and went out, so founders had to walk empty-handed. 

Despite not winning a deal, Cashmere Hair still runs the business providing award-winning clip-in hair extensions. As of 2025, Cashmere Hair’s net worth is $5 million and they’re pulling in a whopping $5 million in annual revenue.

Loading poll ...

Coming Soon

Based on the net worth, how do you feel about Cashmere Hair's business future?

{{ row.Answer_Title }} {{ row.Answer_Title }} {{row.tsp_result_percent}} % {{row.Answer_Votes}} {{row.Answer_Votes}} ( {{row.tsp_result_percent}} % ) {{ tsp_result_no }} {{row.tsp_result_percent}} % {{row.Answer_Votes}} {{row.Answer_Votes}} ( {{row.tsp_result_percent}} % ) {{ tsp_result_no }}

Cashmere Hair Net Worth

Net worth	$5 million (2025)
Annual Sales Revenue	$5 million (2025)
Lifetime sales	Not Available
Investor	Not available
Founders	Rachel Barone, Melissa Bernstein
Employees	25 to 100

Cashmere Hair Pitch on Shark Tank

Product	Clip-in hair extensions
Episode	Season 5 Episode 12
Founders	Rachel Barone, Melissa Bernstein
Asked for	$45,000 in exchange for 15% equity
Company name	Cashmere Hair
Final deal	No deal
Sharks	None
Location	San Marcos, California

Don’t miss these products from Season 5

• Bellybuds
• Paparazzi Proposals
• Kook n Kap

Cashmere Hair Founders

Rachel Barone and Melissa Bernstein founded Cashmere Hair in 2013. Melissa was a Beverly Hills hairstylist. Rachel was a model in Los Angeles. Cashmere Hair’s founders, Rachel Barone, and Melissa Bernstein have an approximate net worth of $5 million as of 2025.

Key accomplishments

Year	Accomplishment
2023	Cashmere Hair provides high-quality clip-in extensions made from 100%.
2013	Cashmere Hair appeared on Shark Tank.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Cordaroy’s and its continued success.