Tree T-PEE: From Shark Tank To Global Success
Since its debut in 2009, Shark Tank has ignited a wave of entrepreneurial spirit, helping countless businesses achieve global acclaim. One standout is Johnny Georges' ingenious creation, the tree T-PEE. After sealing a deal on the show in 2013, many are eager to know how far the company has come and what its net worth is today. Let's dive into the story of this innovative product and its journey to success.
TABLE OF CONTENTS
Johnny Georges created Tree T-PEE, a cone-shaped water and nutrient delivery system for young plantations made from recyclable plastic. The product gained massive exposure on Shark Tank, where it secured a $150,000 investment from John Paul DeJoria in exchange for 20% equity, propelling its growth. Keep reading to uncover the company's current net worth and impact.
Profile Summary
| Company Name | Tree T-PEE |
| Founder | Johnny Georges |
| Founded | 2005 |
| Industry | Agriculture, Water Conservation |
| Product | Water-saving device for tree irrigation |
| Notable Appearance | Shark Tank, Season 5 (2013) |
| Key Investor | John Paul DeJoria |
| Net Worth | $100 million |
| Social Media | Facebook, Instagram |
What is Tree T-PEE's Net Worth in 2024?
According to Marketrealist and Shark Tank Blog, Tree T-PEE’s estimated net worth in 2024 is over $100 million, though some sources suggest it may be slightly lower. During a 2014 interview, billionaire investor John Paul DeJoria explained why he decided to invest in Johnny Georges' product. As reported by ABC News, he said:
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When Johnny mentioned that this Tree T-PEE saves 3,000 percent on water—using just one-thirtieth the water—I knew this was something special. It's not only great for farmers but also great for America. I wanted to be Johnny’s partner in this incredible venture.
How Much Money Has Tree T-PEE Made?
According to the Shark Tank blog, Tree T-PEE generated $5 million in annual revenue as of December 2021, reflecting significant growth in Johnny Georges' net worth. During the show, Johnny revealed that each unit of the irrigation device was sold for $4.50, with a production cost of $2.95.
Following the episode, he sold over 125,000 units and received an overwhelming 56,000 emails from interested customers. By August 2022, the retail price had increased to $9.95, further boosting the company's sales and profitability.
What Exactly is Tree T-PEE?
Tree T-PEE is a cleverly designed plastic device shaped like a teepee that attaches to the base of trees. It efficiently collects up to three inches of rainwater per hour and channels it directly to the roots, ensuring optimal hydration. This groundbreaking system enables farmers to use only 800 gallons of water per plantation annually for irrigation, compared to the usual 25,000 gallons. By significantly reducing water usage, Tree T-PEE not only conserves resources but also promotes healthier plant growth.
Who is the CEO of Tree T-PEE?
According to the official website, Johnny Georges serves as the CEO of Tree T-PEE. He founded GSI Supply, Inc. in 2005, building on the legacy of his father, Rick Georges, who originally developed the product in 1970 for frost protection using the micro-sprinkler Geor-Jet. Under Johnny's leadership, the product has evolved into a revolutionary water-saving solution for modern farmers, addressing critical environmental challenges.
Which Shark Invested in Tree T-PEE?
The guest star on Shark Tank, John Paul DeJoria—an American self-made billionaire and renowned philanthropist—invested in Tree T-PEE. He appeared on Season 5, Episode 7 of the show, which aired on November 1, 2013. In that episode, DeJoria struck a deal with Johnny Georges, who was seeking $150,000 for a 20% stake in his company to promote water conservation efforts.
Tree T-PEE Merchandise
As of 2024, Tree T-PEE has expanded its product line and collaborated with the Tropica Mango Rare and Exotic Tropical Fruit Tree Nursery. Customers can explore a variety of branded merchandise on the company's website, featuring the iconic Tree T-PEE logo. The nursery highlighted the benefits of the watering system during a summer 2024 giveaway, stating on Facebook:
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We’re confident that a Tree T-PEE will help your young and newly planted trees thrive this summer—and for many summers to come as your tree establishes itself.
Is Tree T-PEE Still in Business?
Absolutely! The irrigation device remains in business and continues to make waves in the agricultural world. Although its Instagram page hasn't been updated since 2017, the company stays active on Facebook. While the product is temporarily out of stock on its website, a black variant is currently available for $9.95. Tree T-PEE has expanded its reach globally, operating successfully in Europe, Australia, and the Middle East. As of September 2023, Johnny Georges continues to receive invaluable mentorship from his investor, John Paul DeJoria, fueling the company's ongoing success.
Tree T-PEE Update from Shark Tank
Since its appearance on Shark Tank, Tree T-PEE has experienced remarkable growth. On the night the episode aired, the product sold thousands of units, and by 2013, Johnny Georges had sold 125,000 units. With the unwavering support of billionaire John Paul DeJoria, the product is now available in 80 countries. Affordable and widely accessible, Tree T-PEE is primarily sold at Home Depot and on TreeTPee.com. It boasts an impressive average rating of 4.7 out of 5 from 15 reviews, underscoring its effectiveness and popularity among farmers and gardeners alike.
