GT Dave, founder of GT's Living Foods, evaluates his role in the rise of the Kombucha industry and what that means for the future of the beverage. GT Dave started brewing kombucha in his parents' Bel Air kitchen at 16 years old in 1995. As per the moment,Â his salary is not yet naked to the media. However, it is fortunate that she recovered from breast cancer. Maybe you know about GT Dave very well, but do you know how old and tall is he and what is his net worth in 2020? His height is 1.80m tall, and his weight is 78 kg. The total net worth of the businessman is $1 billion. GT Dave Wiki. He also owns more than 40% of the United States kombucha market, which adds … Unlike his investor-backed competitors today, Dave still owns 100% of his company and has diversified into other drinks like CBD water. The topline of today’s news: Forbes opens its archives as President Donald Trump faces renewed scrutiny over his 1990s business troubles; George Thomas Dave built a fortune by teaching Americans to love kombucha; How hackers looted $40 million from cryptocurrency exchange Binance. He drowns his system by drinking eight to twelve bottles of his kombucha every day and to this day still tastes tests each batch. It is thought that the kombucha market could reach $4.7 billion in global sales by 2025. To understand how the industry got here, a critical lens should be given to the drink's history and its surprising pivots. Founded in 1995, his company's worth in 2019 was $900 million & had $275 million annual sales. The exact date of birth is not definite, but George Thomas Dave was born anyway in November 1978 to Michael Dave and Larraine at Beverly Hills, California United States. Forbes spoke to half a dozen billionaires or their companies, all of who still think it pays to make their products in the U.S. He was the last born in a family of three children, boys, to be precise. But something is said that he married Allan Fanucchi during the 6th month of 2019 at a ceremony in Kauai, the Hawaiian island. GT’s Living Foods owns about 40 percent of the US kombucha market. GT Dave Net Worth. Continue to the next page to see GT Dave net worth, estimated salary and earnings. Are you also wondering how much money is GT Dave - GT Dave making on Youtube, Twitter, Facebook and Instagram? According to Grand View Research, the global kombucha market size could reach $7.05 billion by 2027. It is thought that the kombucha market could reach $4.7 billion in global sales by 2025. Dave was the first to put kombucha on store shelves. Basically, Kombucha is a slightly alcoholic, fermented tea made with a black or green tea drink. Full Name: GT Dave Nick Name: GT DOB: 1978 Born: Los Angeles, California, USA Nationality: American Religion: Christianity Famous for: Entrepreneur, … Kombucha is special, but it's not the only thing in this world. GT Dave, the CEO & founder of GT's Living Foods (formerly GT's Kombucha) has $1.5 billion net worth in 2020. He is so passionate about his brewing of kombucha that he takes close ten bottles of the famous drink each day. He is indeed a perfect picture of successful businessmen in the globe to admire. All Rights Reserved. If you do not know, we have prepared this article about details of GT Daveâs short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Online estimates of GT Dave’s net worth vary. A big launch in New York City could come in a few years. Email. GT Dave is a papular American corporate man mostly known for its Company Kombucha. From his bedroom, he would call buyers, distributors and store owners, using different voices to pose as different employees. CircleUp25 recognizes [...], Resides in Los Angeles, CA Metropolitan Area, GT’s Synergy Partners With Chopra Global To Encourage People To Incorporate Meditation Into Their Daily Self-Care Routines, Meet The Native American Entrepreneur Who Owns Her Own Kombucha Brand, Derailed By Coronavirus, A Corner Of The Food Industry Questions The Future Of Its Biggest Event. GT’s Living Foods owns about 40 percent of the US kombucha market. 2. The business started growing, and he rented industrial space in Gardena and went ahead on hiring employees as it was now a big business that needed more manpower. Facebook. Demand for the product grew, and he, in return, intensified his brewing, but he interestingly maintained his traditional way of brewing kombucha that involved maximum supervision,Â which he worked hard to offer. His mother had breast cancer in 1994, but he came through over it, attributing her recovery from taking the home brown kombucha. But it was so unfortunate that he lost his a brother to bone cancer and later on his parents divorced.Â The cancer thing also hit his mother, Â whom he is close to even after she divorced his father. The world has gone a considerable transformation over these years, and we have seen how the mentality of people has changed over these years.... GT Dave Net Worth 2020: Age, Height, Weight, Wife, Kids, Bio-Wiki, Top 10 Richest Black People in the World 2020, Top 10 Richest Presidents in the World 2020. Being born in November 1978, GT Dave is 42 years old as of today’s date 27th November 2020. Therefore, GT Dave has an estimated net worth of $1.1 billion. © 2020 Forbes Media LLC. Shape By Tom Foster , Editor-at-large, Inc. @tomfoster2 His mother also gave him a hand in this business by sharing her cancer story and also putting tables where people would test this brew. Dave took to kombucha, but he brewed it in a business perspective, he wanted to paint it to the market. The estimated net worth of GT Dave is close to $ 1 billion USD. He also owns more than 40% of the United States kombucha market, which adds much to his wealth. Anne Enright - May 31, 2019. Now he must survive a flood of competitors. Stripes Group, an early backer of Seamless, now owns a substantial minority stake in Erewhon. In 1995, he started selling his products, and Dave began by selling 24 bottles of kombucha.