Gwyneth Paltrow

‘Shark Tank’ Adds Gwyneth Paltrow To Upcoming Season 14

News, Reality TV

Shark Tank makes its return to ABC in September with its Season 14. There will be a very familiar guest arriving to swim with the sharks. Gwyneth Paltrow is coming to the show to share her expertise.

Gwyneth Paltrow joining Shark Tank Season 14

Shark Tank has several guests joining the panel each episode of the season and they just picked up a new one that most fans should recognize. Deadline reported that Oscar-winning actress Gwyneth Paltrow will join the Sharks this season on the show. However, the date that she appears remains unknown. She will be one of two new guests on the show this season, along with DoorDash CEO and co-founder Tony Xu.

Paltrow and Xu join the regular Shark Tank panel, including Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O’Leary. Other guests returning to Season 14 include Good American CEO Emma Grede, Kind founder Daniel Lubetzky, Dragon’s Den (U.K.’s version of Shark Tank) star Peter Jones, and fashion designer Kendra Scott.

Gwyneth Paltrow coming on Shark Tank

Paltrow is not joining Shark Tank to lend her expertise as an actress. She is there because she founded her own successful company in Goop in 2008. She became the Goop CEO in 2016. Goop has a show airing on Netflix, a book imprint, its own retail stores, and a product line that includes skincare and fragrances. Moreover, it also has a health summit, showing that Gwyneth knows how to build a successful company.

Similarly, Gwyneth also has experience in this reality TV format. She starred in the Apple series Planet of the Apps, which focused on Silicon Valley-styled startups. Paltrow, alongside fellow advisors Jessica Alba, will.i.am and Gary Vaynerchuk, heard 60-second elevator pitches on the series from software developers.

What is the Shark Tank Season 14 release date?

Shark Tank returns to ABC on Friday, September 23, with its first-ever live episode. There will be six Sharks on the first live episode of the franchise, with Mark Cuban, Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O’Leary listening to the pitches from the first contestants of the season.

Through the first few sessions of Shark Tank, there were some great success stories. Ultimately, the most successful product by far was the Bombas, which makes comfort socks and T-shirts. The selling point here was that, for every product sold, the company donated items to homeless people. They determined socks were the most needed item in homeless shelters. This allowed the $200,000 investment by Shark Daymond John (for a 17.5% stake) to turn into $225 million in lifetime sales.

However, another big success story on Shark Tank was Scrub Daddy. This was a reusable super sponge in the shape of a smiley face. It is firm when in cold water, soft in warm water, and resists odors for up to two weeks. Lori Greiner invested $200,000 for a 20% stake and the total sales have been $209 million. Before its appearance on Shark Tank, the total sales were only $100,000.

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