Paparazzi Proposals Net Worth 2020
Paparazzi Proposals is a company that specializes in documenting marriage proposals in the style of celebrity paparazzi photographers. James Ambler appeared on Shark Tank in 2013 seeking investment for expansion; unfortunately he did not secure one and has seen significant growth and success since, expanding to over 36 locations worldwide; it currently has an estimated value between $10-15 Million.
Paparazzi Proposals provides more than photography services; they also offer planning assistance to clients looking to plan proposals. This service includes finding an ideal location and hosting practice sessions so clients are at ease in front of the camera. Generally, clients can expect to pay around $2,200 for a full photo package that features couple poses in different poses as well as candid images together.
Before founding Paparazzi Proposals, James Ambler studied photography and worked as a freelance photographer. Starting by shooting skateboarders performing stunts on skateboard ramps, his focus quickly turned toward celebrity portraiture; eventually becoming an effective professional paparazzi and responsible for photographing such icons as Tom Cruise and Tiger Woods.
Forbes released a recent report which indicated that the paparazzi industry is flourishing, with photographers now actively targeting high-profile individuals for moneymaking opportunities. Over the last 10 years, professional paparazzi in America have increased by 50 percent while their incomes also skyrocket.
The paparazzi make much of their money through selling photographs to various magazines and newspapers, often selling pictures of celebrities in various poses and settings (from behind their backs to walking down the street); additionally they sell photos at public events like awards shows or weddings where their subjects may have taken part.
At its height in the early aughts, tabloid culture reached an all-time high; celebrities like Ben Affleck and Jennifer Lopez found themselves at the centre of fierce bidding wars for their photos from paparazzi able to charge exorbitant rates for such images.
James Ambler founded Paparazzi Proposals after experiencing two wake-up calls: one was when, at 28, he underwent open-heart surgery due to a clogged artery; two was when proposing his now wife without having taken any photographs of their event.
Ambler initially pitched $250,000 in exchange for 20% equity in his company on Shark Tank; however, Lori Greiner and Kevin O’Leary offered $50,000 for 33% equity and a $200,000 loan instead. James decided against this offer, instead opting to remain independent from their investment; nevertheless, being on Shark Tank helped his business significantly as it has since been featured on both Today Show and CBS Sunday Morning!