Lori Greiner, the self-made millionaire, is a television personality, an investor and a very successful entrepreneur. As a judge in “Shark Tank”, she is known as the “warm Blooded Shark” or “The Queen of QVC, and many refer her as one of the most prolific inventors of the century with regard to her jewelry box invention among others. So how did Lori Greiner amass such a huge net worth fortune and find her way in one of the Americas most popular TV shows? Let’s find out more about how much is Lori Greiner’s net worth in 2018.
Born in the state of Chicago in 1969 to psychologist mother and a real estate developer father she grew up in Near North Side.
Upon graduating from high school, she joined Loyola University Chicago where she did well emerging among the top students. She majored in communications with an interest in film, journalism and television.
Currently, she is married to Daniel Greiner who is also the vice president and the CFO of her company. the couple resides in Chicago, and they are yet to get a child.
Destiny and fate had other ideas for the communication graduate other than what she majored in. It all started when she thought of making a jewelry box where she made a plastic earring organiser that could hold more than 100 pairs of earrings in it. After she patented it, everything moved so fast, and with the help of J.C Penney, she was able to create a multi-million-dollar empire for herself.
Today she is among the best people with very impressive portfolio, and the inventor has been able to create 400 products, and also she holds around 140 US and international patent.
Before finding her way into the US TV series Shark Tank Grainer hosted Clever & Unique show for 16 years through QVC TV. The show is among the top viewed show in the world.
Lori became a cast member of Shark Tank in 2012 in its 4th season although back in season 3 she was a guest. She is on record to have listened to 311 sales pitches, and out of the total she invested in 20% of the total. Her most successful investments while at Shark Tank is Scrub Daddy, Sleep Styler and Lori Simply Fit Board. Scrub Daddy in 2016 recorded more than $100 million in sales and Sleep Simply Fit Board is the biggest Shark Tank hit to date.
Other investments she invested in are Screenmend, Readerest, Hold Your Haunches among others.
Awards & Achievements
The fact that she has invented more than 600 products to date and held more than 120 patents both in the United States and the rest of the world that alone makes her one of the greatest inventors of all time without question. She has received an Emmy nomination for hosting the reality program and also winning an award for outstanding achievement in reality programming by Critics Association. As a cast member of Shark Tank, she was awarded an award for Best Reality series back in 2014 by Critics Choice Award.
Net Worth of Lori Greiner
Lori Greiner net worth currently stands at $50 million. She has earned her fortune through her inventions and her investments. Lori Greiner net worth journey kicked off when she invented the jewellery box that earned her a cool $1 million within one year. Today with more than 600 products which she has invented she earns around $4 million annually. Another net worth booster income channel is her investments in companies such as Scrubb Daddy, Simply Fit Board which are reporting sales exceeding $100 million to date.
Greiner net worth figures are a good example of self-made women who are doing great in business. She is a kind-hearted businesswoman who believes in sharing of knowledge and tips to the upcoming entrepreneurs. Apart from the business she is a philanthropist often donating some of her fortune to the less unfortunate in the society. If you’re interested in building a company, have a look at some of her publications such as “Invent It, Sell it, Bank It!”.