Shannon Klingman Net Worth (2024): How Rich is The Lume Founder?

shannon Klingman net worth

Shannon Klingman’s estimated net worth is around $100 million. She is a doctor. She got her obstetrician/gynecologist degree from the Wayne State University School of Medicine in 1997.

She used to practice gynecology before she established Lume. Now, she is a successful entrepreneur and investor.

Full nameShannon Klingman
GenderFemale
Net worth$100 million
Source of wealthBusiness
Age54
NationalityAmerican
Last Update$100 million
About Dr. Shannon Klingman

Summary

  1. Shannon Klingman is worth $100 million.
  2. Shannon is the founder of Lume Deodorant which she sold to Harvy’s in 2021.
  3. She is a real doctor with an MD in obstetrics & gynecology from Wayne State University School of Medicine.

Who is Shannon Klingman?

Shannon Klingman is a real doctor. Her company is Lume Deodorant. For this, she is also known as Lume Lady. She got her MD in obstetrics & gynecology from Wayne State University School of Medicine.

Later, she graduated from Wayne State University. She has experienced over 25 years in the medical field.

Is Dr. Shannon Klingman a real doctor?

Yes, Dr. Shannon Klingman is a real doctor who founded Lume Deodorant. She earned her MD in obstetrics & gynecology from Wayne State University School of Medicine in 1997.

How much is Shannon Klingman worth?

Shannon’s current net worth is $100 million. Her education qualification describes her as a doctor. She practiced this for a long time. But recently she took a break from this job.

In 2017, she started her brand named Lume Deodorant. It is still so popular among people of all ages. Her estimated yearly income is $2 million. She has One Heartland. This foundation helps kind and families with HIV or AIDS. She has different healthcare foundations. She is also part of the pharmacogenomics firm OneOme and the biotech firm NovoClade.

In terms of assets, she is quite private about her wealth. As she is one of the richest women in the business industry, she leads a luxurious life.

She mostly spends her money on her family. She loves to spend time with her family and kids. Usually, she travels to pricey places and stays in costly residences. She also loves hiking and biking. But she is also a philanthropist. She loves to work for people. She donates a lot to different organizations and charities. 

Finally, her year-over-year income is unknown. But her approximate net worth is $100 million in 2024. 

Career

The CEO and creator of Lume Deodorant, LLC, is Shannon. She invests broadly in various American markets, including technology, commercial real estate, and investment funds. 

Afterward, Shannon completed her medical education. In addition to her other roles, she is a product developer for several companies. 

She then begins to explore other areas of medicine and science-based technology. Shannon learns about Enigma Diagnostics through her work in a clinic for women’s health. 

The PapGene Test is used to screen for cervical cancer, and Shannon has made great strides in this area at a women’s health center. 

But now, she is not practicing medicine. She is focused on her company, Lume.

Lume Deodorant

Shannon Klingman is the founder of Lume Deodorant. But she is not the owner of the Lume right now. Harry owns this company. As a doctor, she is still a part of this company. Surprisingly, she is still the CEO and getting the share 100%. She even confirms her wonderful working experience with Harry. The consumer might be worried about the quality. But the Lume is still gynecologist-approved, and they can use this without worries.

Lume Deodorant’s net worth

According to Networthrant’s research, Lume Deodorant has a revenue of $14.7 Million. Since the revenue of the company has been growing substantially, it’s estimated valuation could be around 140-280 Million USD.

However, since the company is private, therefore it’s possible to access the yearly revenue and liability report. But, we can assume considering the public data of the company’s revenue as $14.7 million, its net worth could be around 12 million.

Who owns Lume Deodorant?

Dr. Shannon Klingman was the founder of Lume Deodorant. However, she is no longer the owner of the company as it was acquired by a company called Harry’s in 2021. 

Does Shannon Klingman Still Own Lume?

No, Shannon Klingman no longer owns Lume. The current owner is Andy Katz-Mayfield, the founder of Hary’s.

Is the founder of Lume a doctor?

Yes, the founder of the Lume Deodorant is a certified doctor.

Is Lume gynecologist approved?

Yes, it’s gynecologist-approved.

Early Life and Shannon Klingman Bio

Shannon Klingman was born in Minnesota. From the very beginning, she was very intelligent. So decided to study medicine. So, She got her MD in obstetrics & gynecology from the University of Minnesota Medical School. Later, she graduated from Wayne State University.

She is happily married to Evan Griffiths. They have three children, two girls and one boy. 

Shannon Klingman Net Worth

Dr. Shannon is very generous with her time and expertise in the medical field. She is a regular face on television and social media to do healthcare interviews, provide graphics, and develop segment topics. 

Shannon is a member of Forbes’ “30 Under 30” list of successful young business owners in the e-commerce and retail industries. 

In addition to being a successful businesswoman, she also started and runs Lume Deodorant, LLC. Working hard has paid off for Shannon Klingman, as seen by her net worth.

Was Shannon Klingman On Shark Tank?

In season 9, Shannon makes an appearance on Shark Tank. The “Shark Tank” panelists are impressed by her business savvy, enthusiasm, and expertise in natural and organic cosmetics. Her company, Lume Deodorant, LLC, sells all-natural deodorant and other skin care items made from organic ingredients.

When Shannon pitches her business idea on the hit show Shark Tank, Kevin O’Leary offers $175,000 for 25% ownership. 

After researching O. Leary’s previous investments and consulting with experts, Shannon ultimately decided to turn down the offer. 

As a result of the success of her skincare line, Shannon Klingman is now worth an estimated $100 million.

Shannon Klingman Quotes

  • “I believe women breathe fire and can move mountains if they take the openings life offers.” – Shannon Klingman.

Life lesson

Shannon Klingman is a strong personality for women. She has to face many tough stages to reach this peak of success. She has to struggle a lot because of her different initiatives for women. 

But she was focused and indebted to give women a better life through her product. Now, she has become successful. So, the life lesson is that every person should focus on their goal and believe in themselves.

Social Presence

Shannon Klingman is very active on social channels with thousands of engaged visitors. Here are some of his popular social channels.

  1. Instagram
  2. Tiktok
  3. Facebook

Final Thoughts: Shannon Klingman’s net worth

Business leaders can learn a lot from Shannon Klingman. She has worked hard to get where she is today, and her desire and effort have earned her the respect of her peers. Shannon has a wide scope for his investments due to his focus on venture capital, real estate, and cutting-edge technology. 

An estimated $100 million is Shannon Klingman’s net worth. As a bonus, she is actively involved in charitable efforts. Customer happiness has led to Lume Deodorant, LLC’s growth to the forefront of the industry. She is a true inspiration for newbies and aspiring entrepreneurs. Her leading path can be really beneficial.

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