Tripp Phillips is the fourteen-year-old inventor and founder of the Le Glue product, appeared on Season 10 of Shark Tank in 2019, they introduced world to Le-Glue, a revolutionary temporary adhesive for LEGO projects. Designed to keep LEGO creations intact while still being easily removable with warm water, Le-Glue solved a problem many parents and children faced: frustration of fragile LEGO masterpieces falling apart. But what has happened since that memorable pitch? How has Le-Glue evolved, and what is Le-Glue Net Worth in 2025? Let’s explore journey of Tripp, his invention, and company’s continued success after their Shark Tank debut.
Shark Tank Pitch That Changed Everything
During their appearance on Shark Tank, Tripp and Lee sought $80,000 in exchange for a 15% equity stake in their company. Tripp’s confident and polished pitch immediately captivated Sharks, who were impressed not only by innovative product but also by Tripp’s entrepreneurial maturity at such a young age. To demonstrate Le-Glue’s effectiveness, Tripp showcased how it kept LEGO structures intact even when dropped—a powerful visual that stayed with Sharks.
Both Kevin O’Leary and Daymond John made offers. Ultimately, Tripp struck a deal with Kevin O’Leary, accepting $80,000 for 25% equity and a 50% royalty on licensing deals until Kevin recouped his investment. Once Kevin’s investment was repaid, his equity would drop to 20%. agreement hinged on Kevin’s ability to secure placements for Le-Glue in major retail stores—a strategy Kevin believed would help take product to new heights.
Immediate Success After Shark Tank
Le-Glue’s exposure on Shark Tank proved to be transformative. Within first year of airing, company generated over $500,000 in sales. By 2020, Le-Glue had been featured on Shark Tank’s Greatest of All Time Special in “Baby Sharks” category. Barbara Corcoran praised Tripp’s exceptional salesmanship, calling him one of best young entrepreneurs to appear on show.
From Local Beginnings to National Recognition
Le-Glue’s production remains rooted in Tripp’s hometown of Dalton, Georgia. company’s local manufacturing model is an essential part of its identity and a source of pride for Tripp and his family. By 2022, Le-Glue had achieved annual sales of over $1.2 million, selling an impressive 15,000 units each month. With a price of $8.99 per unit and a profit margin of 96%, company generated over $1.55 million in profits annually.
Le-Glue’s success is driven by its practicality and safety. adhesive is non-toxic, making it a parent-approved solution for young LEGO enthusiasts. Its popularity has skyrocketed among families, builders, and hobbyists who appreciate product’s ease of use and effectiveness.
Awards and Recognition
Tripp’s entrepreneurial journey has garnered numerous accolades. In 2021, he received prestigious Gifted Teen Award from Georgia Association for Gifted Children. This honor recognized his innovative spirit and his ability to balance academics, business, and public recognition. Tripp has become a role model for aspiring young entrepreneurs, showcasing what is possible with determination and creativity.
Le-Glue Net Worth in 2025
As of 2025, Le-Glue continues to thrive, maintaining an impressive 10% annual growth rate. company is projected to reach $2 million in sales by end of year. With approximately 16,000 units sold monthly, Le-Glue remains a profitable and sustainable business. company’s valuation has climbed significantly since its Shark Tank debut, with Le-Glue Net Worth estimated at $1.8 million.
Le-Glue is now available on multiple platforms, including Amazon and its official website, ensuring global accessibility for customers. product’s simplicity, affordability, and effectiveness have cemented its place as a favorite among LEGO enthusiasts worldwide.
Tripp Phillips Today
Now 18 years old, Tripp Phillips has grown alongside his company. His father, Lee, remains an integral part of business, highlighting family’s collaborative approach to entrepreneurship. Tripp’s leadership and vision have been instrumental in sustaining Le-Glue’s success, proving that age is no barrier to making a significant impact in business world.
Lessons from Tripp’s Journey
Tripp’s story is a powerful example of how curiosity and determination can lead to remarkable achievements. His journey from a young boy with an idea to CEO of a thriving company offers valuable lessons for entrepreneurs of all ages:
- Solve a Real Problem: Le-Glue’s success stems from addressing a genuine need, making it immediately relatable and marketable.
- Stay Resilient: From developing product to pitching on Shark Tank, Tripp’s persistence has been key to his achievements.
- Seize Opportunities: exposure from Shark Tank was a game-changer, demonstrating importance of leveraging big opportunities.
- Support Local Communities: By keeping production in Dalton, Georgia, Le-Glue has supported local economy while staying true to its roots.
How Was Le-Glue Born?
Tripp’s inspiration for Le-Glue came from his frustrations with fragile LEGO creations that easily fell apart. After sharing his idea with his father, a lab scientist, and his teacher, concept quickly gained traction. Tripp and his dad collaborated to develop product, and by late 2015, they launched a Kickstarter campaign that raised $4,000. This initial funding allowed them to create and sell first batch of Le-Glue.
Shark Tank Deal and Future Growth
During their Shark Tank pitch, Tripp and Lee aimed to secure $80,000 for 15% equity. After an intense negotiation, they accepted Kevin O’Leary’s offer. deal not only provided financial backing but also opened doors to strategic partnerships and retail opportunities.
By 2025, company has significantly expanded its market reach, with products available in major retail stores and online platforms. consistent growth in sales and profitability highlights enduring appeal of Le-Glue.
Quick Facts About Le-Glue
| Aspect | Details |
| Shark Tank Episode | Season 10, Episode 1 |
| Business Type | Temporary adhesive for LEGO |
| Founder | Tripp Phillips |
| Shark Deal | Kevin O’Leary |
| Asked On Shark Tank | $80,000 for 15% equity |
| Accepted Deal | $80,000 for 25% equity |
| Net Worth (2025) | $1.8 million |
| Current Revenue | $2 million annually (projected) |
Conclusion
Le-Glue’s journey from a simple classroom idea to a multi-million-dollar business is an inspiring tale of innovation and resilience. Tripp Phillips’ entrepreneurial spirit and dedication have transformed a childhood frustration into a widely successful product. With consistent growth and strong market demand, Le-Glue Net Worth continues to rise, proving that even smallest ideas can have a big impact.
Disclaimer
This article is for informational purposes only. data and figures regarding Le-Glue Net Worth and other details are based on publicly available information as of 2025. For latest updates, visit official Le-Glue website or consult verified sources.
