Aaron Krause is a successful businessman and inventor with more than 25 years of experience in product development and patenting.

Krause is a self-made business success story which takes pride in his hard work, devotion, and ingenuity. His goods are sold in significant big-box retailers and acquired by such industry heavyweights as 3M Company (NYSE: MMM).

In 2012, Krause gained widespread recognition when he and his smiley face sponge product, the Scrub Daddy, appeared on the popular ABC television show Shark Tank.

Moreover, in 2016, Scrub Daddy took home the Philadelphia Business Journal’s Best Places to Work Award, while Krause was named Ernst & Young’s Entrepreneur of the Year for Greater Philadelphia.

Aaron Krause’s Wife Stephanie Looks After His Company’s Communication

Since 2012, Stephanie Krause, Aaron’s wife, has served as the PR director of The Scrub Daddy.

The native of Greater Philadelphia earned a Master’s degree in education from Arcadia University, where she enrolled in 1994 and graduated in 1996.

In addition, she earned her degree in Religious Studies from the University of Pittsburgh. She also holds a Penn State University Advanced Studies Certificate in Applied Behavioural Analysis.

Furthermore, based on her position in the company and the ages of their children, the pair appears to have been married for more than a decade.

Scrub Daddy CEO’s Net Worth Racked Up With $110 Million Cumulative Sales

Aaron’s net worth and salary are reported to be in the millions. Although his accumulated wealth and value are not quantified, it can be inferred from his successful business career.

After presenting what is now regarded as a model pitch for aspiring entrants, Krause was able to connect with celebrity entrepreneur Lori Greiner and get funding.

Millions of Scrub Daddies have been sold since the show, an investment on ABC’s “Shark Tank,” first aired. Most of the country’s and the world’s largest retail establishments stock the contagiously cheerful fluorescent orange box that has become synonymous with the product on their shelves.

The brand has surpassed $180 million in retail sales due to ongoing media exposure and the diversification of its product range.

Since receiving the title in 2014, Scrub Daddy has remained the most popular product in Shark Tank history.

Krause’s Twins Kids, Both 16-Years-Old Pay Rent To Live In His Home

Perhaps because of his success, he wants his two teenagers to understand the importance of working hard. Because of this, he intends to have his twin children, who were both 11 at the time, “pay” rent.

Krause tells CNBC Make It, “I always remind my kids that they don’t get to live in my house for free. That their rent needs to be paid.”

Bryce and Sophie Krause, the children of Krause, worked for pay by doing household duties, including making their beds, cleaning the bathroom, feeding the cat, and washing the automobiles.

The business owner claims that it teaches kids the value of hard work and helps them “understand that living isn’t free.”

“We’ll begin giving them allowances when they become 12 or 13,” according to Krause. “And the allowance will be earned,”

Family Background: Both Of His Parents Are Physicians

Krause grew up in a family of intellectual overachievers as the middle child. His parents are both physicians. He has two sisters: one who went on to earn a Ph.D. and another who is now a federal judge in the US.

He realized early on that he wasn’t suited to being a bookworm, as per Medium.

In addition, his parents constantly encouraged his interests, even if they slightly interfered with the house’s functionality!

One was that doing the dishes in their home fell to the guys. Krause thus honed his skills as a dishwasher. The importance of working hard was the other.

His father created lists of domestic tasks they could complete to earn their own money instead of providing their children stipends.