Lori Greiner is an American inventor, entrepreneur, producer, and humanitarian. She is one of the investors of the American business reality television show Shark Tank. Lori was born on December 9, 1969, in Chicago, Illinois in the United States. She grew up in the Near North Side of Chicago. She had her degree in communications from the Loyola University of Chicago. During her academic years, Lori has also worked for the daily newspaper The Chicago Tribune. As a businesswoman, Lori scaled great heights throughout her career. She also takes it as her duty to inspire others to attain financial freedom. Lori’s first book “Invent It, Sell It, Bank It- Make Your Million Dollar Idea into a Reality” was published in 2004 by Random House. She talks about how to become a successful entrepreneur and gives her advice on how to attain financial freedom. Lori’s book was a National Best Seller. It was also listed in the top 10 business books by Amazon and top 2014 business books by Wall Street Journal. The book became an instant hit because Lori shared her honest and real stories from her career journey. She is also a great motivational speaker. Let us get to know more about the “warm-blooded shark”, Lori Greiner.
This 51-year-old businesswoman has accumulated quite a lot of wealth over the years. As of 2020, Lori Greiner’s net worth is $150 million. She has multi-sources of income and is nicknamed as “patent expert”. She has invented more than 500 products and owns the patent of over 120 products. No wonder she is called the patent expert. She has decoded the formula which makes a product successful and applied it efficiently in her brands. Her selling skills are so exceptional, both in TV and in real life. This earned her the title “Queen of QVC”. The companies like Squatty Potty and Scrub Daddy come under the list of her most successful investments.
Shark Tank is an American television show which allows budding companies to become millionaires by gaining great deals. The show has a panel of investors who are addressed as “sharks”. The new entrepreneurs come to the show to present their ideas to the Sharks and to gain investments from them. Shark Tank has won several Emmy awards, 6x Critic’s Choice Award, and had good reviews. Lori Greiner is a star Shark on the show. She invested in so many companies through Shark Tank. She joined the show in 2012. Lori Greiner’s products don’t go unnoticed because of her sharp instincts and planning in investing. The success rate of her products is 90% which confirms that she knows her game well. She invested in the company Scrubb Daddy, which makes cleaning equipment. Their cleaning sponge which changes texture was very modern. Lori’s investment in Scrubb Daddy in 2014 is one of the largest successes in Shark Tank‘s history.
Lori has also invested in several other companies like Screenmend, Simply Fit Board, Sleep Styler, Drop Stop, Fiberfix, Paint Brush Cover, Readerest, Hold Your Haunches, Squatty Potty, Bantam Bagels through Shark Tank.
Queen of QVC
Lori Greiner has been called as Queen of QVC since the year 2000. Her ability to change simple ideas into a great business is what earned her this title. Greiner started her career with the creation of plastic earrings. She got its patent in 1996. This mini business grew in no time and she earned her first million through this. J.C Penney, an American company picked up her product. After this Lori started the show, Clever & Unique Creations on QVC, a shopping channel. Her show did great on the channel and it is QVC’s one of the longest-running shows until now. She has everyday products, travel products, electronics, cosmetic products, jewelry, and a lot more on the list of the patents she owns. Her motto is to make the life of people easier through her products. Lori also ensures to make her products available at affordable prices without compromising the quality.
Lori Greiner’s height is 5 feet 4 inches or 1.63 m. According to the lists she weighs 131lbs or 59 kg.
Husband and Family
Lori Greiner married Dan Greiner in 2010 and has been happily together since then. Dan is very supportive and always by her side both in her career journey and personal life. Dan is also the vice president of her company. They share their responsibilities and always by each other’s side. They first met in 1996. They dated for 16 years before getting married. The couple has no kids yet.
Lori’s father worked in the real estate business and her mother is a psychologist. Even though she came from a well-off background, she made her success without depending on her parents’ fortune.
Lori Greiner as a producer
Lori has a charm to shine in every field she tries her luck. She has produced several videos. Most of the work like writing, editing, directing was done by Lori herself. She knows how to attract the attention of the viewers. Lori has also started her production company called Good Place Entertainment. The company will develop her producing skills more and we can expect more exciting things from her new venture.
A great humanitarian
Lori has always invested time to inspire others and help them to choose the right paths in business. She sponsors scholarships for women coming from poor backgrounds. She does so many charity works and also supports health care workers. For her contributions to society, Lori was awarded the Woman of the Year honor from Sherry Lansing. And she also received the honor of an Important Woman in Television by Paley Center.
“if you are lucky enough to be successful, you have a responsibility to give back”- Lori Greiner.
Lori is also an excellent public speaker. Mostly she shares her life stories by adding a bit of humor, thereby capturing the full attention of the audience. She brightens up the atmosphere and becomes the life of the room through her words.