How much is Lori Greiner worth?

Jordan Strauss/Invision/AP/Shutterstock / Jordan Strauss/Invision/AP/Shutterstock

Lori Greiner is an American inventor, investor, jewelry designer, philanthropist, author, and television personality known as the Queen of QVC and the Hot-Blooded Shark since her time on the hit series “Shark Tank.” ABC.

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Lori Greiner has a net worth of $150 million

Between his business, investments, speaking engagements and salary from appearing on “Shark Tank,” Greiner has a net worth of $150 million, according to Celebrity Net Worth.

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His time on “Shark Tank”

Greiner joined “Shark Tank” in 2012. She invested nearly $10 million appearing in 78 episodes of the show.

Some of his most impressive investments to date include Scrub Daddy, Simply Fit Board, Squatty Potty, Readerrest, Screenmend, Sleep Styler, and Hold Your Haunches. She holds the record for the show’s biggest hit selling 2 million Scrub Daddy in one day on QVC. She also has a 90% success rate on the products she launches and has invested in 10 of the top 20 companies on “Shark Tank” to date.

She earns around $5 million from her business and $50,000 per episode of “Shark Tank.”

Greiner’s other companies

In addition to being an integral part of “Shark Tank”, Greiner has hosted her own show “Clever and Unique Creations by Lori Greiner” since 2000. QVC is where she earns the vast majority of her income.

Greiner has created and marketed over 700 items and holds over 110 US and international patents. Items range in price from $16 to $300.

The Shark is a published author, having penned the best-selling “Invent it, Sell it, Bank it!” – Make your million dollar idea a reality.

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She also owns a TV production company called Good Place Entertainment to bring feel-good videos to the public.

How she started

Her first claim to fame came in the form of a plastic earring organizer she invented in 1996 which was sold by JC Penney’s during the holiday season. The resulting profits enabled her to repay a $300,000 loan she obtained to make her organizer in record time. She ended up earning her first million from this product alone.

By the late 1990s, his For Your Ease Only brand designs were bringing in over $10 million in revenue. Twenty years later, he had made over $350 million in product sales.

She went on to invent and patent over 300 products related to jewelry, cosmetic organization, housewares, travel, and electronics.

Its products are so popular that they have appeared as one of Oprah’s favorite things, as well as on numerous magazines and best-of lists. She often appears in the media and has been the subject of many high-profile financial articles.

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Youth and career

Greiner was the second child born to a psychologist and real estate developer in Chicago, Illinois on December 9, 1969. Greiner grew up in North Chicago, a place she still calls home. She graduated from Loyola University Chicago with a major in communications and journalism. While working to become a playwright, she began making and selling costume jewelry.

After inventing and selling her 100-earring organizer to JC Penney, she landed a deal with them where she would design products especially for them. A year later, she began selling her products on cable television. It turned out to be very successful. She sold 2,500 of her jewelry organizers in two minutes. When it debuted on Home Shopping Network, it sold out immediately.

His business takes off between strategic appearances on television and the constant demand for his inventions.

Personal life and real estate

Greiner married Dan Greiner in 2010. They met in the late 1990s and didn’t really start dating until 2000. He works alongside his wife as his company’s chief financial officer, even sharing the same office. They have no children.

She is involved in many philanthropic endeavors and provides a number of women with full scholarships to attend 4-year colleges.

Greiner’s own properties in Chicago and the Philadelphia area near QVC headquarters.

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Lori Greiner will appear in the next season of “Shark Tank” and on QVC.

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About the Author

Michelle Tompkins is an award-winning media, public relations and crisis communications professional with over 15 years of experience in traditional media and new media. She is currently a communications strategist and writer, as well as the author of College Prowler: Guide for Columbia University — her alma mater where she obtained a BA in film studies. Michelle’s main interests are arts and entertainment (TV, comedy, theater and classic movies are her favorites), food and lifestyle. She also covers general news, business, beauty, gift guides, and stories related to medicine and health. Michelle also has a passion for conducting interviews with all kinds of interesting people. When not working or watching too much TV, she is a skilled home cook specializing in Puerto Rican and Southern cuisine, enjoys home entertainment and trivia/game nights, sipping Jack Daniels on the rocks and cheering on the San Francisco Giants.

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