Lori Greiner Net Worth
|$5 Million Per Year
|Date of Birth:
|9th December 1969
|54 years old
|5 ft 4 in (1.80 m)
|Businesswoman, Entrepreneur, Author, Investor
|29th June 2023
Besides Lori Greiner’s outstanding negotiation skills, she’s also well known for her remarkable ability to recognize and invest in up-and-coming brands and individuals.
Among the top 20 most successful Shark Tank firms to date, she has aided many aspiring entrepreneurs in turning their concepts into marketable products. Read on to find Lori Greiner’s net worth and her road to achieving it.
Greiner has a net worth of $150 million. This amount has accumulated from earnings from her company, speaking engagements, investment, and a salary for appearing on the show “Shark Tank.” Greiner first appeared on ABC’s Shark Tank alongside Daymond John, Barbara Corcoran, Mark Cuban, Lori Greiner, Kevin O’Leary, and Robert Herjavec. in 2012. Since then, she has invested nearly $10 million in the show after appearing in 78 episodes.
Her business nets her about $5 million, and each episode of “Shark Tank” nets her $50,000.
Her first claim to fame was a plastic earring organizer she invented in 1996 and sold at J. C. Penney’s during the holiday season. The profits allowed her to pay off a $300,000 loan she got to manufacture her organizer in record time. She made her first million from these products alone.
She invented and patented over 300 jewelry, cosmetics, household goods, travel, and electronics products.
By the 1990s, the For Your Ease Only Brand creations had generated more than $10 million in revenue. The company had more than $350 million in product sales after 20 years.
They have featured her products on Oprah’s list of favorite things and in untold best-of lists and magazines. She is frequently featured in the media and has been the subject of many high-profile finance articles.
Greiner has hosted her own show, Clever and Unique Creations, since 2000, besides being an integral part of ” ABC’s Shark Tank.” She makes the vast majority of her money on QVC.
Greiner has developed and commercialized over 700 products and holds over 110 U.S. and international patents. The prices range from $16 to $300.
Lori Greiner is a published author, having written the best-selling book “Invent it, Sell it, Bank it!—Make Your Million Dollar Idea a Reality.”
She also owns Good Place Entertainment, a TV production company that creates feel-good videos for the public.
Simply Fit Board, Scrub Daddy, Readerrest, Squatty Potty Screenmend, Hold Your Haunches, and Sleep Styler, are among her most impressive investments. Lori holds the record for the show’s biggest success, selling 2 million Scrub Daddys on QVC daily.
She has a 90% success rate with the products she launches and has invested in ten of the twenty most successful companies on “Shark Tank.”
Lori and her husband, Dan Greiner, own real estate in Chicago and the Philadelphia area, which is close to their company, QVC’s, headquarters.
Who Is Lori Greiner?
Greiner spent her childhood in the Near North Side neighborhood of Chicago. She attended Loyola University Chicago, where she earned a degree in communications and worked as a student for The Chicago Tribune. She started making and selling costume jewelry while studying to be a playwright.
After inventing and selling her 100-earring organizer to J. C. Penney, they offered her a contract to design products for them. A year later, she began selling her products on cable television. It proved to be a huge success. In two minutes, she sold 2-500 jewelry organizers. It quickly sold out when it first appeared on the Home Shopping Network.
Because of her frequent television appearances and the high demand for her products, her business took off.
In 2010, Greiner married Dan Greiner. They met in the late 1990s but did not begin dating until 2000. He works as CFO with his wife at her company, even sharing a desk. They do not have any children.
She is involved in many philanthropic endeavors and provides full scholarships to several women attending four-year colleges.
The Greiner’s own real estate in Chicago and the Philadelphia area, close to QVC’s headquarters.
Fun Facts About Lori Greiner
Here’s everything you need to know about the businesswoman raising the bar for women everywhere.
- She sold 2,500 earring organizers in two minutes during her first cable TV appearance.
- She now owns 120 U.S. and international patents and has an estimated net worth of more than $100 million.
- Lori Greiner is known as the “Queen of QVC.”
- Clever & Unique Creations has been airing for 16 years on QVC. Her first appearance on Shark Tank was to find items to sell on the show. Greiner responded when asked which item from her QVC collection she would bring on a desert island: My Silver Safekeeper Mirrored Jewelry Cabinet: I could remove the door and use the cabinet as a canoe, with the door serving as a paddle. At the very least, I’d be well-accessorized for any beach parties.
- Lori Greiner sympathizes with people starting businesses because she remembers being in their shoes. She started with one product, had a dream, and is well aware that people flock to Shark Tank to try to achieve what she has done.
What’s Next For Lori Greiner
Lori Greiner is also a sought-after speaker in 2022, inspiring others to achieve their goals and dreams as she has, and she offers the recipe for great success in her book and on stage. This also contributes to Greiner’s philosophy of assisting others and sharing her experience to benefit others—all in a fun way.
Lori Greiner FAQs
What is Lori Greiner Net Worth?
Lori Greiner net worth is currently $150 million USD.
How much money does Lori Greiner earn?
Lori Greiner earns $5 million per year from various sources.
How tall is Lori Greiner?
Lori Greiner is 5 ft 4 in (1.80 m)
How old is Lori Greiner?
Lori Greiner is currently 54 years old.
When is Lori Greiner birthday?
Lori Greiner birthday is on 9th December.