Michael Dubin is an American entrepreneur and a successful businessman. He is the founder of The Dollar Shave Club company. Dubin is popularly known for his business skills throughout the world which helped him to establish a billion-dollar brand. He is one of the successful entrepreneurs of the modern era who wrote the fate of his life. To know more about the net worth of Michael Dubin in 2018, continue reading the following article.
Early Life and Biography
Michael Dubin is currently 37 years old which interprets he was born in 1981. He spent most of his childhood outside Philadelphia near the Pocono Mountains. His mother, Nancy Dubin took care of him and made his childhood worth living. When Michael was seven years old, he decided to be a businessman in the future and dressed liked one on every Halloween. Michael has a younger sister with whom he shares a special bond.
He studied at a local public high school in Philadelphia and was a bright student. He soon moved to a private school which honed his skills. After graduating in 2001, he started studying comedy and sketch comedy at Upright Citizens Brigade. Michael was always fond of comedy and humour writing.
Michael Dubins shares no marital status and is single till this date. The determined entrepreneur possibly never had time to mingle with any beautiful lady in his busy schedule.
Career, Awards, and Nominations
Michael Dubin got selected for page program at NBC where he learned very depths of media marketing. He was made to work upfront with businesses and was his favorite job until he became the founder of The Dollar Shave Club. The NBC’s page program gave him enough insight to establish a brand of his own.
In 2011, Michael decided to take the big leap by starting The Dollar Shave Club business in his house’s basement. He launched razors at an affordable price which met customer’s expectation. The E-commerce business implemented great business tactics and one of which was humorous YouTube advertisement video. The video was trending and brought 12 thousand subscribers in 24 hours.
By 2014, Dollar Shave Club managed to challenge Gillette in America. The Gillette experienced had to face the loss that was caused by Dubin’s company.
In 2016, Unilever wanted to seal a deal with Micheal’s Dollar Shave club. The price went from $400 million to a billion dollar deal. People were baffled after seeing the humongous deal.
Net Worth and Earning
The estimated net worth of Michael Dubin is $250 million. The primary source of his income is from his e-commerce business. After a successful start to his razor business, the company invested in other products like shaving cream to make a hassle free experience for its consumers.
While there are a lot of entrepreneurs who fail and give up every year, we witnessed the greatness of Micheal Dubin who took calculated risks ensuring the success of his business. The brand has more than 4 million subscribers currently, and it will grow more in the future.