Lori Greiner is known as an investor on ABC’s popular reality show Shark Tank. She is an American inventor, entrepreneur and television personality. Lori Greiner was born on December 9, 1969 in Illinois to a middle-class family and spent most of her childhood in Chicago. His father was interested in real estate while his mother was a psychologist.
After graduating from high school, Lori Greiner attended Loyola University in Chicago. She studied communication and at the same time was interested in journalism, film and television. In addition to academics, Lori Greiner was interested in jewelry. In her free time, she practiced the art of jewelry making and started a side business selling jewelry. Later, this ability of Lori Greiner brought her fortune in the millions.
Who is Lori Greiner? your career information
Lori Greiner’s insatiable urge to build things from scratch led her to hundreds of patents and innovative designs. During her graduation, she sold jewelry that she made herself. Back then, Lori Greiner had the idea of creating a box for storing jewelry that could hold up to 100 pairs of earrings.
According to the sources, Lori Greiner took a big risk with a $300,000 loan to work on the prototype and start her company. Luckily, the prototype worked and she was able to generate around a million dollars in sales within a year. Then she didn’t look back. Since then she has worked on hundreds of products and is still going strong. Lori Greiner net worth is something to watch out for. She’s amassed a lot of money over the years and is still going strong.
Lori Greiner’s journey into the business world began with the success of her earring wearer. Then she started her own business called Clever and Unique Creations by Lori.
The show airs on QVC and sells various items. While most of them are her creations, she also sells items from companies she has invested in. Her show has taken place for the past 20 years, and hence she is popularly known as the “Queen of QVC”. The products on offer range from kitchen tools to household products and lighting systems.
In 2012, Lori Greiner was asked to be part of a TV reality show entitled Shark Tank. The show was about entrepreneurship, in which the “sharks” invested in young entrepreneurs. Lori, too, has made numerous investments in companies that fit into her portfolio. Some of Shark’s notable investments are the Scrub Daddy and the CordaRoy.
Lori Greiner Net Worth
Scrub Daddy (a scratch-free sponge) sold around 2 million units on their first show QVC day and managed to sell at least 17 million units through QVC alone. Sales skyrocketed, grossing over $100 million. Her efforts to write “Invent It, Sell It, Bank It” were amazing and also a huge success.
Lori Greiner’s other popular investment was CordaRoy. The company manufactures bean bag beds and has surpassed $10 million in sales. Lori Greiner’s reach in the QVC world has helped many of her investments instantly reach a large pool of viewers through her favorite show. Her investments in the right product made her fortunes unimaginable.
LORI GREINER NET WORTH IN 2019
Lori Greiner has developed several sources of income for herself. She earns tremendously from her show on television, her numerous investments through her show Shark Tank, and also from Shark Tank itself. She also has an autobiography. The TV tycoon’s estimated net worth is around $50 million, all from her various sources.
House and car details
Lori Greiner is very secretive about her family life and her salary or net worth . According to sources, she owns a luxurious home in Exton, Pennsylvania. The cost of the house is estimated to be around $600,000 while she owns a Mercedes SLS AMG for more than $220,000.
Quick info table
|assets||$50 million (estimated)|
|birth date||December 9, 1969|