Lori Greiner is considered one of the most successful and well-known entrepreneurs. Lori Greiner is an American entrepreneur, investor, and television personality from Chicago. Greiner is a well-known cast member of the reality show ‘Shark Tank’ and has been called one of the most prolific investors of the till now. Along with this, she is also known as the “The Queen of QVC” and the “Warm Blooded Shark”. Know exactly what Lori Greiner’s net worth is?
Lori Greiner was born in Gold Coast, Chicago on the 9th of December, 1969. She is the second daughter of a real estate developer’s father and a psychological mother. Her mother and father got divorced when she was around 9 years old. Greiner majored in focusing on journalism, communications, television, and film at Loyola University Chicago. Apart from all of this, she was also a playwright and designer, where she sold her jewelry on the side.
Greiner began her career by creating a plastic earring organizer with sliding rods that could neatly store 100 pairs. She created a prototype of the product, which J.C. Penney picked up before the holiday season. Soon after all of this, Greiner took out a $300,000 loan and paid it back in eighteen months.
She has claimed that she never set out to be a serial inventor but all of her success on the Home Shopping Network started her on that path. In the following year, when she transitioned to QVC and 2000 she created an arsenal of new products.
Probing further, in the year 2012, Greiner joined the TV series Shark Tank. In this show, she invested a lot and is known to be one of the best investors in the show. Two years later her investment in Scrub Daddy- this is the company that produces a texture-changing household sponge was noted as a huge success. But in the year 2014, she was the one who sold more than 2 million on QVC.
By 2016, Scrub Daddy became one of Shark Tank’s biggest success stories, with sales surpassing $100 million. Some of the other investments that she invested in include Squatty Potty, Readers, Paint Brush Cover, Hold Your Haunches, Drop-Stop, FiberFix, Simply Fit Board, and Screened. So, according to all of this, the net worth of Lori Greiner, the famous personality, is around $150 million.
She continues to be a part of Shark Tank and remains a successful investor.
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