Burt Shavitz Net Worth: In 1935 Burt Shavitz was born. Shavitz’s co-founding of personal care goods firm Burt’s Bees is best known. Burt is from New York’s Great Neck, now living in Parkman, Maine. He served in the United States Army before moving to Maine and took pictures of the magazine Time-Life.
At the beekeeping trade shows, he met with Roxanne Quimby and sold his wax candles. In 1984, Burt’s Bees began the pair and a decade later started its activities in North Carolina. Shavitz’s shareholdings in the firm have been terminated by Quimby’s partnership.
Burt says he’d been fired from the firm and forced into a threatened legal action to give up his half of the venture. Some years later a private equity fund acquired $173 million from Roxanne for 80 percent of Burt. Burt threatened to sue Rosean unless she gave him 4 million dollars at last after this purchase. Burt’s Bees were bought completely by Clorox in 2007 for over $925 million.
In 2014 Burt’s Buzz documentary was released and Shavitz’s life as a beekeeper and businessman was discussed. Shavitz and Quimby started making the remaining candles of beeswax until they began bottling and selling honey before using honey and beeswax in some other product. On 5 July 2015, at the age of 80, Burt Shavitz died. Burt’s Bees range contains many make-up products, lip care, skincare, and more. Beeswax lip balls are its bestsellers.
Burt Shavitz Net Worth
Burt Shavitz is a businessman and beekeeper with a net value of $2 million.