Shannon Klingman Net Worth 2024: Lume Founder, Shark Tank

In the dynamic landscape of the personal care industry, few names shine as bright as Lume and its visionary

founder, Dr. Shannon Klingman. This article delves into Dr. Shannon Klingman net worth of Lume and provides

a comparative analysis with insights from two different sources.

Lume’s Founder – Dr. Shannon Klingman

Feature	Details
Full Name	Dr. Shannon Klingman
Gender	Female
Age	54 (as per one source) / 53 (as per another source)
Nationality	American
Source of Wealth	Entrepreneurship
Net Worth (2024)	$100 million

Shannon Klingman’s Background and Early Life:

Dr. Shannon Klingman, a real doctor with an MD in obstetrics & gynecology from Wayne State University

School of Medicine, transitioned from practicing medicine to becoming a successful entrepreneur. Born in

Minnesota, she pursued her medical education at the University of Minnesota Medical School and later

graduated from Wayne State University.

Lume Deodorant: A Phenomenon in Personal Care

Dr. Shannon Klingman net worth: Lume Deodorant Overview

Feature	Details
Founder	Dr. Shannon Klingman
Current Owner	Acquired by Harry’s in 2021
Current CEO	Andy Katz-Mayfield
Net Worth (Lume)	Estimated between $140-280 million USD
Revenue (2024)	$14.7 million (as per Networthrant)

Dr. Klingman’s brainchild, Lume Deodorant, gained prominence for its innovative approach to personal

hygiene. Initially founded by Dr. Klingman, it was later acquired by Harry’s in 2021, with Andy Katz-Mayfield

taking over as the current owner and CEO.

According to Networthrant’s research, Lume Deodorant’s revenue stands at an impressive $14.7 million,

projecting a substantial estimated valuation. Despite being a private company, its net worth is approximated

to be around $12 million based on available data.

Shannon Klingman Net Worth: A Tale of Entrepreneurial Success

Dr. Shannon Klingman’s net worth, estimated at $100 million, underscores her success both as a medical

professional and an entrepreneur. Her journey includes a transition from a practicing gynecologist to the

visionary founder of Lume Deodorant.

Shannon Klingman Net Worth Over the Years

Year	Net Worth
2024	$100 million
2022	$95 million
2021	$90 million
2020	$85 million

Dr. Klingman’s entrepreneurial ventures extend beyond Lume, encompassing investments in technology,

commercial real estate, and healthcare foundations. Her philanthropic efforts, including contributions to

HIV/AIDS support and various charities, showcase her commitment to making a positive impact.

Conclusion: The Inspiring Journey of Dr. Shannon Klingman Net Worth

In conclusion, Dr. Shannon Klingman’s journey from a medical career to entrepreneurship, marked by the

success of Lume Deodorant, exemplifies the fusion of passion, innovation, and dedication. Dr. Shannon

Klingman net worth of $100 million reflects not only financial success but also her impact on the personal

care industry. As she continues to redefine norms and seek new frontiers, Dr. Klingman remains a beacon of

inspiration for aspiring entrepreneurs.

Frequently Asked Questions (FAQs) – Dr. Shannon Klingman Net Worth

1. Who is Dr. Shannon Klingman?

Dr. Shannon Klingman is a real doctor and successful entrepreneur. She is the founder of Lume Deodorant,

known for her innovative contributions to the personal care industry. With an MD in obstetrics & gynecology

from Wayne State University School of Medicine, Dr. Klingman transitioned from medical practice to

entrepreneurship.

2. What is Dr. Shannon Klingman Net Worth?

As of 2024, Dr. Shannon Klingman net worth is estimated at $100 million. This reflects her success as a

medical professional, entrepreneur, and visionary behind Lume Deodorant.

3. Is Lume Deodorant still owned by Dr. Shannon Klingman?

No, Dr. Shannon Klingman is no longer the owner of Lume Deodorant. The company was acquired by Harry’s

in 2021. The current owner is Andy Katz-Mayfield.

4. How much revenue does Lume Deodorant generate?

According to Networthrant’s research, Lume Deodorant has a revenue of $14.7 million in 2024. The

company’s substantial growth suggests an estimated valuation between $140-280 million USD.

5. Is Lume Deodorant gynecologist-approved?

Yes, Lume Deodorant is gynecologist-approved. Even though Dr. Shannon Klingman is no longer the owner,

the product maintains its quality and approval.

6. What other ventures is Dr. Shannon Klingman involved in?

Dr. Shannon Klingman invests broadly in various American markets, including technology, commercial real

estate, and investment funds. She is associated with healthcare foundations, the pharmacogenomics firm

OneOme, and the biotech firm NovoClade.

7. Was Dr. Shannon Klingman on Shark Tank?

Yes, Dr. Shannon Klingman appeared on Shark Tank in season 9. She pitched her business idea related to

Lume Deodorant and received an offer from Kevin O’Leary, which she ultimately turned down.

8. How old is Dr. Shannon Klingman?

Dr. Shannon Klingman is 54 years old (according to one source) or 53 years old (according to another

source).

9. What is the significance of Lume Deodorant in the personal care industry?

Lume Deodorant, envisioned by Dr. Shannon Klingman, is a groundbreaking brand known for its 72-hour odor

control. Clinically validated and safeguarded by a US patent, it has redefined personal hygiene norms and

gained acclaim in the industry.

10. What is Dr. Shannon Klingman’s approach to entrepreneurship?

Dr. Shannon Klingman’s entrepreneurial journey involves a transition from a successful medical career to

becoming the CEO of Lume Deodorant. Her dedication to innovation and improving women’s well-being has

contributed to the success of both her business ventures and Dr. Shannon Klingman net worth.

11. Was Lume a Shark Tank product?

After she was turned somewhere near financial backers, organizations, banks, and an appearance on Shark

Tank she concluded to get things done all alone, with the opportunity to fabricate the brand how she truly

needed to.

12. What is the revenue of Lume deodorant?

What is the yearly income of Lume Antiperspirant? The Lume Antiperspirant yearly income was $14 million in 2024.

13. Is Dr Shannon Klingman a real doctor?

Dr. Shannon Klingman, MD is an obstetrics and gynecology expert in Minnetonka, MN and has more than 26

years of involvement with the clinical field. She moved on from WAYNE STATE College in 1997.

14. How successful is Lume?

How about we lay it on the line here. Actually men’s antiperspirant items contain similar fixings as ladies’, and

the main distinction is in the bundling. Promoting has a significant effect. Lume works for anybody — men,

ladies, and children the same — and we won’t hesitate to show it.