The famous American pastry chef and culinary expert has recently made her appearance in the famous reality show Shark Tank as an investor in season 15. Candace is famous for the different ventures and restaurants she has opened.
Her Sprinkles Cupcake which is famous as a cupcake bakery is the most successful venture of hers with her husband Charles. She has shown her culinary skills on many television shows and now she will be appearing in the most famous reality show Shark Tank season 15 as an investor to be a part of different ventures.
Her appearance in Shark Tank has made many viewers curious about her net worth and story so here we have mentioned everything related to Candace Nelson to know about.
Table of Contents
Candace Nelson is an investment banker who turned a millionaire with her startup. She has quit her high-paying job as an investment banker and started Sprinkles Cupcake, a bakery business with her husband.
Born in Indonesia and migrated to America she has baking in her house roots as she has shared a recipe from her grandmother. After setting up Sprinkles she invested and started different businesses and appeared in a variety of reality shows.
Also, she will be showing her experience on the popular show Shark Tank and will be investing in new businesses with her investment and expertise.
Who is Candace Nelson?
Candace Nelson is a culinary expert who has made her appearance on many cooking shows. She is an American pastry chef born in Indonesia, is 48 years old and lives in Los Angeles, California with her husband Charles.
Candance is popular for judging the Netflix baking competition Sugar Rush and the reality competition Cupcake Wars. She is an author and published books like The Sprinkles Baking Book and The West Virginia Pepperoni Roll.
She is the founder and co-founder of different ventures which consist of a Neo-politan pizza restaurant and Pizzana. Los Angeles Times 101 Best Restaurant list has featured her restaurant for three years. Candance is a founder of Sprinkles Cupcakes which has gotten worldwide recognition for its cupcakes.
Candace Nelson’s Appearance in Shark Tank Season 15
The culinary expert Candace Nelson is making her appearance in the ABC’s popular show Shark Tank season 15. The founder of Sprinkles Cupcake who used to be an investment banker has founded and contributed to different ventures.
With her husband, she has made Sprinkles cupcakes from scratch. She is a cofounder of a restaurant chain of Neapolitan pizzerias named Pizzana which has earned many awards and recognition. The successful banker has founded CN2 to help small businesses scale.
She has various sources of income which has increased her overall net worth as well and now she will be investing in the new ventures by being a shark on the Shark Tank.
Early Life and Career Beginnings of Candace Nelson
Candace Nelson born in Indonesia on 8 May 1974 has migrated to America with her family and now she has American nationality. She completed her studies at Wesleyan University in June 1996 where she earned her Bachelor of Arts degree in Economics.
She started her career as an investment banker but turned into a pastry chef when dotcom crashed. At first, she opened a custom cake business from her home in San Francisco, California but soon she moved to a shop in Los Angeles, California.
After visiting her sister in 2005, Candace decided to open Sprinkler Cupcakes with her husband which was the most successful venture. After the success of Sprinkles Cupcake, she has been featured in many culinary shows and contributed to different businesses.
Founding Sprinkles Cupcakes
Candace Nelson with her husband Charles started Sprinkles Cupcake in 2005 in California. Sprinkles Cupcakes is a cupcake bakery chain that has fans around the world. Candace thought about starting it when she visited her sister in New York and tasted cupcakes at the popular Magnolia Bakery with her husband Charles.
Candace wanted to create artful and handcrafted desserts that people can eat daily and this thought of hers led to the foundation of Sprinkles Bakery. However it was a high-risk venture of opening only a cupcake bakery but on 13 April 2005, the couple opened the first store in Beverly Hills, California.
The starting was good as the cupcakes got sold out in three hours only. Now Sprinkles is one of the most successful Bakery chains. It has endorsements by popular celebrities like Tom Cruise, Katie Holmes, Tyra Banks, Blake Lively and many more.
After featuring in the Oprah show the cupcakes got more famous among the people. Sprinkles is serving cupcakes worldwide with their store outlets available in 24 locations and 38 cupcake ATMs and has sold over 200 million cupcakes.
However, in 2014 the couple decided to sell Sprinkles to a private equity so she could spend more time with her family and explore more. People can check their cupcakes on their store website: https://sprinkles.com/pages/our-story
Candace Nelson’s Ventures and Business Endeavors
Candace’s first and most successful venture is Sprinkles Cupcake which she started with her husband. But even after the success of Sprinkles, she didn’t stop her entrepreneurial journey in 2017 she contributed to founding Play 2 Progress and her second famous venture Pizzania which she introduced in the same year.
It has been featured in the top 100 list of Los Angeles Times. Her venture with her husband Charles CN2 is a new venture started in 2020 concentrating on helping small businesses grow.
Awards and Recognitions
Candace’s delicious cupcakes have got recognition around the globe. They have been featured in Good Morning America and the Martha Stewart Show. Also, Bon Appetit and People magazine have recognized her work.
Candace Nelson’s Net Worth: A Breakdown
Sources of Income
Candace Nelson’s Net worth is estimated to be approximately $20 million. Her income sources include different restaurants, her ventures and the variety of shows she has appeared in. She is a pastry chef, investor and television personality which directly contributes to her earnings.
Also, she has over 150K followers on her Instagram which is also a good source of her income. As a reality show judge, she gets paid well while she has also published her books which are bestselling and contribute to her income.
Also, she earns from additional sources like collaboration, and guest appearances and the major source of her income comes from Sprinkler Cupcakes.
Business Valuation
The Sprinkles Cupcake of Candace alone has a valuation of $99 million. Candace’s neo-politan pizza restaurant Pizzana has a valuation of $5 million currently and Cn2 has also been assumed to have a great valuation.
Investments and Ventures
Candance one of the most successful ventures is Sprinkles Cupcakes founded by Candace and Charles in 2005. In February 2017, she contributed to starting Play 2 Progress. She is cofounder of Pizzana. Later to invest and help other small businesses she founded another venture in 2020 called CN2.
She will be also investing in different ventures in Shark Tank as she is appearing in the Shark Tank season 15 as an investor.
Financial Achievements
Candace achieved financial independence long ago and now she is at the peak of her achievements. One of the achievements is Sprinkle Cupcake which is worth millions. Her other ventures are her achievements as they contribute heavily to her income. Her books are also featured as bestsellers.
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