Scott Jordan is the founder and CEO of ScotteVest, a clothing company that specializes in designing and selling garments with hidden pockets and conduits for electronic devices. He is also the inventor of Technology Enabled Clothing (TEC), a patent-pending system that allows users to integrate their gadgets with their apparel. But how much is Jordan worth, and how did he achieve his success?

From Lawyer to Entrepreneur

Jordan started his career as a lawyer, working for several firms in Chicago and Los Angeles. He was unhappy with his job and felt unfulfilled by the corporate culture. He also had a passion for technology and gadgets, but he found it hard to carry them around without looking bulky or messy.

In 2000, he decided to quit his law career and pursue his dream of creating a clothing line that would solve his problem. He moved to Sun Valley, Idaho, and launched ScotteVest with his wife Laura, who is also the co-founder and president of the company. The first product was a vest with 24 pockets and hidden channels for wires and headphones. The vest was a hit among tech enthusiasts, travelers, and outdoor adventurers, who appreciated its functionality and style.

Jordan also came up with the idea of TEC, a licensing platform that would allow other clothing brands to use his technology. He pitched his concept to the producers of Shark Tank, a popular TV show where entrepreneurs seek funding from investors. He appeared on the show in 2012, hoping to get a deal for TEC, but not for ScotteVest. However, the investors were more interested in ScotteVest, and Jordan ended up walking away without a deal. He later claimed that he was only on the show for publicity, and that he had no intention of giving up any equity in his company.

A Growing Business and a Controversial Figure

Despite the setback on Shark Tank, Jordan continued to grow his business and expand his product line. Today, ScotteVest offers more than 50 different products, ranging from jackets, pants, shirts, hoodies, dresses, and even underwear. The company has sold more than 10 million units and has generated over $60 million in revenue since its inception.

Jordan is also a prolific inventor, holding more than 20 patents and trademarks related to his clothing technology. He has collaborated with celebrities and influencers, such as Steve Wozniak, co-founder of Apple, who endorsed his products and wore them in public events. He has also written a book, Pocket Man: The Unauthorized Autobiography of a Passionate, Personal Promoter, where he shares his story and his business advice.

However, Jordan is not without controversy. He has been involved in several legal disputes, such as a lawsuit with his former partner, who accused him of fraud and breach of contract. He has also been criticized for his outspoken and sometimes abrasive personality, especially on social media, where he has clashed with customers, competitors, and even the Shark Tank investors.

What is Scott Jordan’s Net Worth?

According to various sources, Scott Jordan’s net worth is estimated to be somewhere between $5 million and $10 million as of 2024 . However, these figures are not confirmed by Jordan himself, who has been secretive about his personal finances. He has stated that he does not care about money, and that he is more interested in pursuing his passion and making a difference in the world.

Conclusion

Scott Jordan is a successful entrepreneur and inventor, who has created a niche market for tech-enabled clothing. He is the founder and CEO of ScotteVest, a company that sells garments with hidden pockets and conduits for electronic devices. He is also the inventor of TEC, a patent-pending system that allows users to integrate their gadgets with their apparel.

Jordan’s net worth is estimated to be somewhere between $500,000 and $5 million as of 2024, but he has not disclosed his exact wealth. He has faced several challenges and controversies in his career, but he has also achieved recognition and admiration for his innovation and vision. He is a man who follows his dreams and does not let anything stop him.