Lori Greiner Shark Tank Products & Lori Greiner Net Worth.
Lori Greiner is an American jewelry designer, entrepreneur, and television personality who is best known for her role as a cast member on the show Shark Tank.
Her net worth is estimated to be $150 million, which she earned from her jewelry business, startup investments, and salary from Shark Tank.
She has also created and sold many products on the show, including the Scrub Daddy sponge and Simply Fit Board exercise equipment.
About Lori Greiner, Lori Greiner Biography Summary
Lori Greiner is a well-known American television personality, entrepreneur, and inventor. She is widely recognized for her appearances on Shark Tank and its spin-off Beyond the Tank. With the introduction of her show Clever & Unique Creations in 2000, she earned the title of “Queen of QVC.”
Greiner is the founder and president of For Your Ease Only, Inc. and is rumored to be married to Dan Greiner, who serves as CFO of the same company. According to WealthyGorilla, Lori’s estimated net worth is around $150 million as of 2021.
She was born on December 9, 1969, in Chicago, Illinois, U.S., and holds a Bachelor’s degree from Loyola University Chicago. In addition to her work on television, Lori is also an accomplished entrepreneur. Her official website provides more information about her and her business ventures.
Lori Greiner Career Life and Lori Greiner QVC Queen
Born on December 9, 1969, in Chicago’s Near North Side neighborhood, Lori Greiner pursued a degree in communications at Loyola University Chicago while interning at The Chicago Tribune.
After college, Greiner briefly worked as a playwright and jeweler before inventing a plastic earring organizer in 1996, which was acquired by J.C. Penney.
With her debt repaid in only eighteen months, Greiner continued inventing patented consumer products in various categories such as cosmetic organization, jewelry storage, travel, electronics, and home furnishings.
As an award-winning television personality and entrepreneur, Greiner has an estimated net worth of $150 million as of 2022.
Following her success with J.C. Penney, Greiner’s products appeared on Home Shopping Network and Bed, Bath and Beyond. She then joined QVC, where she debuted Clever & Unique Creations in 2000, one of the longest-running series on the network.
For two decades, Greiner has hosted QVC’s Clever & Unique Creations show, earning the title “QVC Queen” due to her exceptional success on the retail channel.
Greiner is also a Shark Tank investor and the show’s spin-off Beyond the Tank, and she founded and currently serves as the president of For Your Ease Only, Inc. Additionally, she is married to Dan Greiner, who serves as the CFO of the company.
Lori Grainer on Shark Tank
In 2012, Lori Greiner joined the cast of the popular American television show Shark Tank. One of her most notable successes on the show was her investment in Scrub Daddy, a company that produces a sponge with a texture that changes based on water temperature.
Her 20% equity in the company was praised as one of the show’s biggest triumphs in 2014.
Greiner is also a regular on the show’s spin-off series, Beyond the Tank, which follows up with entrepreneurs after their initial Shark Tank appearances.
According to Investopedia, Scrub Daddy has generated over $200 million in revenue since Greiner invested $200,000 in 2012. She has also had significant success with other investments on the show, including Squatty Potty, which achieved $164 million in sales and in which she invested $350,000 for a 10% share.
In total, Greiner has invested in over 60 companies on Shark Tank and has acquired ten of the twenty most successful businesses pitched on the show.
Her other notable investments include RuffleButts and RuggedButts, clothing companies in which she invested $600,000 for a 9% share, as well as Bantam Bagels, ReadeRest, Paint Brush Cover, Hold Your Haunches, Drop Stop, FiberFix, Simply Fit Board, Sleep Styler, and Screenmend.
Lori Grainer Net Worth
Lori Greiner has a net worth of $150 million as of 2022. Greiner, an innovator, turned a single idea into a multimillion-dollar multinational business.
In total, she has invented and commercialized over 800 goods and is the owner of 120 domestic and international patents.
Lori Greiner Shark Tank Products
1. Scrub Daddy
The revolutionary Scrub Daddy is an incredible multi-purpose cleaning tool for the kitchen and beyond.
The Scrub Daddy’s highly designed polymer makeup has been sculpted into a smiling face shape for simple cleaning. It has a “flex texture” meaning sponge’s surface changing with the temperature of the water—hot water for soft delicate washing and cold water for a coarser course scrubbing texture.
Scrub Daddy rinses clean, so it won’t collect debris like a traditional kitchen sponge. Useful both inside and outside and surfaces will not be scratched.
2. Squatty Potty
Squatty Potty is the original toilet stool that positions your body in a natural, comfy squat. This toilet posture helps you to be healthier and feel better—all while having the best poops of your life.
The Squatty Potty Toilet stool puts your body in the natural position for optimal elimination. This doctor recommended stool helps you poop better with a more complete elimination.
Lori Greiner of Shark Tank recognized the product’s potential and invested $350,000 for a 10% stake in Squatty Potty. The investment paid off when the company’s revenues reached $164 million.
3. Bantam Bagels
Bantam Bagels, a New York-based bagel bakery that originated in a small retail storefront in Manhattan’s West Village, can be found in over 8,000 new points of distribution, including Starbucks, QVC, Fred Meyer, and numerous Kroger outlets.
According to company executives, the bite-sized delicacies known as “Bantams” come packed with cream cheese already inside, making Bantam Bagels easy to consume on the move and suitable for anyone from kids to adults.
Shark Tank mogul Lori Greiner invested $275,000 in exchange for a 25 percent share of the business .
Other Shark Tank Members
Mark Cuban
Mark Cuban is an American billionaire entrepreneur, television personality, and media mogul with an estimated net worth of $4.5 billion, according to Forbes. He is rated #147 on the Forbes 400 list for 2021.
Mark was born on July 31, 1958, in New York City. He is the owner of the NBA’s Dallas Mavericks and a co-owner of 2929 Entertainment.
He is also one of the show’s primary “shark” investors.
Robert Herjavec
Robert Herjavec (born September 14, 1962) is a Canadian entrepreneur, investor, and television personality.
Herjavec developed BRAK Systems, a Canadian integrator of Internet security software, and sold it in 2000 for $30.2 million to AT&T Canada (now Allstream Inc.).
In 2003, he launched The Herjavec Group, which has grown to become one of Canada’s leading information technology and computer security firms, with annual revenue exceeding $200 million.
He has been on both CBC Television’s Dragons’ Den and ABC’s Shark Tank, where he is an investor.
He has also authored books on business advancement. His net worth is believed to be in the neighborhood of $200 million.
Herjavec received the 2012 Ernst & Young, Ontario Entrepreneur of the Year Award for Technology and the Governor General of Canada’s 2012 Queen Elizabeth II Diamond Jubilee Medal for Exceptional Service to Canada.
Kevin O’Leary
Thomas Terence Kevin O’Leary was born on 9 July 1954 in Toronto, Ontario, Canada. He is a businessman, author, politician, and television personality and has the net worth of $400 million in 2022.
He is the founder of O’Leary Funds, an investor in numerous startup companies and a former “Shark Tank” investor from Canada.
In 2010, his company, O’Leary Ventures made a deal with Carol Layne to buy her building for $2 million as part of an acquisition for US$4 million.
He is the chairman of O’Leary Financial Group, Chairman of O’Shares Investments, and the co-founder of O’Leary Fine Wines.
He was on CBC’s Dragons’ Den for five seasons until 2015. He is a frequent public speaker on entrepreneurship, venture capital and public markets.
Other Shark Tank members include Barbara Corcoran (from New Jersey), Daymond John (from Brooklyn), Mark Cuban (from Pittsburgh) and Lori Greiner (from Chicago).
He participated on a variety of Canadian television series between 2004 and 2014, including the business news shows SqueezePlay and The Lang and O’Leary Exchange, as well as the reality shows Dragons’ Den and Redemption Inc.
He made an appearance on the Discovery Channel’s Project Earth in 2008. He has been on Shark Tank, America’s version of Dragons’ Den, since 2009.
O’Leary co-founded SoftKey Software Products, a technology firm that specialized in educational and entertaining software for families.
SoftKey bought competing firms such as Compton’s New Media, The Learning Company, and Brderbund in the late 1980s and 1990s.
SoftKey eventually changed its name to The Learning Company and was bought by Mattel in 1999, with O’Leary becoming a multimillionaire as a result of the transaction.
O’Leary was promptly sacked by Mattel following the acquisition’s substantial losses and various shareholder lawsuits.
In 2017, he ran for the Conservative Party of Canada’s leadership.
He was a poll leader for the most of that period, but withdrew one month before the election in April 2017, alleging a lack of support in Quebec.
Barbara Corcoran
Barbara Corcoran is an American businesswoman and reality TV star who is the founder of The Corcoran Group.
She was born on 10 March 1949. She attended St. Thomas Aquinas College and graduated with a degree in education in 1971.
She is an entrepreneur, consultant, investor, speaker, author, and television personality from the United States. She is the founder and CEO of the $5 billion ‘The Corcoran Group,’ which she began with a $1000 loan.
Corcoran started teaching for nearly a year following graduation, but she plainly desired something more; Corcoran desired to be her own boss. After nearly two decades working in a variety of odd jobs, including waitressing, she decided to establish her own business.
As a result, she obtained a $1000 loan from her rich boyfriend at the time and used it to co-found a real estate company named ‘The Corcoran Group’. By the mid-1970s, Barbara Corcoran had launched ‘The Corcoran Report,’ a publication devoted to real estate data trends.
Later in life, her partner stole her secretary, but Corcoran emerged with a booming career and no remorse.
Daymond John
Daymond John is an American entrepreneur and reality TV star from Queens, New York City who is the founder of FUBU.
John was born February 23, 1969 in Brooklyn, New York City, but grew up in Queens’ Hollis neighborhood, where he attended seven years of Catholic school.
John founded FUBU at his mother’s Hollis, Queens, home.
When John originally conceived the concept for a clothing line for young men, his mother taught him to sew and backed him by allowing the business to take over her home.
In 2002, he was featured on the MTV show “The Real World”, where he and his FUBU crew lived in a house with ten other roommates. After a well-received performance on the show, FUBU’s sales went up by 22%.
In 2010, he appeared in the film “Waiting for ‘Superman'”, alongside Justin Timberlake, Russell Crowe and Amanda Seyfried.
He was also a judge on the US television show “Unsilent Night” in 2003.
John is the host and investor of “Shark Tank”, a reality TV show where entrepreneurs pitch their business ideas to millionaire investors such as Mark Cuban (from Pittsburgh), Lori Greiner (from Chicago) and Barbara Corcoran (from New Jersey).
Today, Daymond John is a $350 million-wealthy American businessman, fashion designer, author, and television personality.
John acquired his fortune as the creator, former CEO, and president of the urban apparel business FUBU, as an investor, and as a Shark Tank television personality.
He is best known as the creator, president, and CEO of FUBU and as a regular investor on ABC’s reality television series Shark Tank. John is the creator of The Shark Group, which is based in New York City.
