Lori Greiner is a Chicago native and American businesswoman, investor, and TV personality. Greiner has been named one of the most successful investors of all time, but he is most recognized for his role as a cast member on the hit reality show Shark Tank. She has many nicknames, including “Warm Blooded Shark” and “The Queen of QVC.”
Lori’s Early Life
Lori Greiner’s birth date is specified as December 9, 1969, in Chicago, Illinois. She was raised in Chicago by her real estate developer father and psychologist mother on the Near North Side.
At age eight, her parents separated. She attended Loyola University Chicago and graduated with a degree in communications, concentrating on journalism. While she was attending college, she worked as a reporter for the Chicago Tribune. Her first career goal was to write plays. She was in the business of creating and peddling costume jewelry.
Greiner got her start in the industry when she designed an earring case out of plastic that could hold 100 pairs of earrings on its sliding rods. She made a trial run of the product and J.C. Penney liked it enough to buy it for the holidays.
Greiner borrowed $300,000 and repaid the money over a period of 18 months. While she “never set out to be a serial inventor,” her success on the HSN led her along that route anyway. She moved to QVC the next year, and in 2000 she introduced a slew of brand new goods.
Greiner started appearing on Shark Tank in 2012. Two years later, her bet on Scrub Daddy, maker of a household sponge that changes texture, proved to be a smashing hit. She achieved almost 2 million in QVC sales in 2014.
After becoming the “largest success story in Shark Tank history” with over $100 million in sales, Scrub Daddy announced its resignation in 2016. The Squatty Potty, Readers, Paint Brush Cover, Hold Your Haunches, Drop-Stop, FiberFix, Simply Fit Board, and Screened were among the other products she had purchased.
Simply Fit Board by Greiner, the Scrub Daddy, and the Sleep Styler were three of the biggest hits on Shark Tank in the following year. In 2014, Greiner wrote the best-selling book “Invent it, Sell it, Bank it! — Make Your Million Dollar Idea into a Reality.”
Lori collaborated with Charitybuzz to raise more than $126,000 for her favorite organizations, including The Trevor Project, Kind Campaign, CASA for Children, and Chicago Police Memorial Foundation. She also gives annually to several humanitarian groups, such as the Salvation Army and Habitat for Humanity.
Lori’s Net Worth
Lori Greiner is a $150 million dollar net worth American jewelry designer and judge on the hit TV show Shark Tank. Grenier is a successful businessman and investor who has developed over 700 goods and received 120 patents in the United States and around the world.
In addition to her salary from ABC’s Shark Tank, Lori Greiner earns an estimated $5 million annually from her company, For Your Ease Only.
She earns $1.2 million per season on Shark Tank or $50,000 per episode.
Lori Greiner is married to Dan Greiner. They met in 1996 at Kincaid’s bar in the Lincoln Park district of Chicago but did not begin dating until 2000 despite an immediate attraction. Prior to joining Lori’s For Your Ease Only in 1999, he held the position of assistant controller. In 2010, Lori and Dan were married. He serves as the CFO of his wife’s business.
Lori is nocturnal. She goes to bed at 2 a.m. because she experiences a surge of energy at night. She always exercises before bed because it puts her to sleep. Her favorite recorded programs include Empire, House of Cards, and Bloodline, which she watches while on the treadmill.