Amber Leong Biography
Amber Leong, a beacon of resilience and innovation, hails from Malaysia. Her journey to becoming a successful entrepreneur in the United States is nothing short of inspiring. Growing up in Malaysia, Leong faced numerous challenges and opportunities that shaped her tenacity. She moved to the U.S. for higher education and navigated through adversity to establish her mark in the business world.
Leong’s early life was sprinkled with difficulties, including a near-fatal bout with toxic shock syndrome. This life-threatening condition was intensified due to the inadequate sunlight exposure she faced while living in Minnesota. This experience didn’t just test her resilience; it ignited a spark that eventually led to her entrepreneurial success.
The Founding Story of Circadian Optics
The idea for Circadian Optics was borne out of necessity and personal experience. In 2016, Amber Leong, alongside her husband Kin Mun Chew, launched this innovative company. They aimed to address the lack of stylish and effective light therapy lamps. Their products are designed to mimic the natural cycle of sunlight to improve health and overall well-being.
Living in a region with limited sunlight, Leong discovered the remarkable benefits of light therapy on her health. This inspired her to create lamps that were not only functional but also pleasing to the eye. Circadian Optics thus filled a gap in the market for aesthetically appealing light therapy solutions.
Amber Leong Net Worth
Amber Leong’s financial journey mirrors her determined spirit and innovative mind. Although exact figures of her net worth fluctuate, her story remains impressive. From modest beginnings to securing a lucrative deal on “Shark Tank,” Leong’s entrepreneurial endeavors have paved a rewarding path.
Her appearance on “Shark Tank” was a turning point, significantly boosting her financial standing. The investment she secured enabled her to expand Circadian Optics and elevate her influence in the business community. Although Circadian Optics was acquired by Thrasio in 2021, Leong’s ventures in other innovative domains reflect a continual growth in her portfolio. For more detailed insights into founders appearing on Shark Tank, feel free to explore more stories on SharkWorth.
Shark Tank Story
In 2019, Amber Leong made history as the first Malaysian entrepreneur to present on “Shark Tank.” Her pitch passionately highlighted the necessity and science behind Circadian Optics. Her story and innovative products immediately captivated the sharks, leading to a deal that secured $750,000 for a 20% equity stake in her company.
Mark Cuban and Lori Greiner, experienced investors, saw promise in her vision and agreed to partner with her. Beyond the typical business transaction, Lori Greiner extended an extra $50,000 to repay Leong’s parents for her college tuition, touching hearts and amplifying her story’s impact.
Education and Background
Amber Leong’s educational journey is deeply intertwined with her entrepreneurial path. Upon moving to the U.S., she pursued higher education, driven by a commitment to create a better future. Despite hurdles, Leong graduated and channeled her education into founding her successful company.
Her academic background, coupled with personal challenges, informed her understanding of light therapy’s significance. The knowledge she gained during her studies equipped her with the skills needed to navigate the competitive business landscape and realize her vision for Circadian Optics.
Outcome of Shark Tank Appearance
Amber Leong’s “Shark Tank” experience catalyzed the growth of Circadian Optics. Prior to her TV debut, the company had already achieved $7.4 million in lifetime sales, with projections to hit $5.6 million annually. The additional funding and exposure from “Shark Tank” propelled her brand further into success.
Kevin O’Leary and Barbara Corcoran invested $750K into their company during Season 11.
However, the “Shark Tank” chapter in Leong’s story didn’t conclude with just investment. The company’s acquisition by Thrasio in 2021 marked a major milestone. Post-acquisition, Leong has embarked on new ventures, focusing on innovative solutions in different industries, once again showcasing her entrepreneurial versatility.
Amber Leong continues to inspire with her journey from Malaysia to becoming a successful entrepreneur in the United States. Her story of resilience and innovation offers valuable insights to budding entrepreneurs and those interested in the inspiring tales of success that emerge from shows like “Shark Tank.”
