Lori Greiner, most famous for being an investor on the reality show Shark Tank, was born on December 9th, 1969, in Chicago, Illinois.
Greiner, known as the Queen of QVC, is an entrepreneur, inventor, and investor! She is in an absolute powerhouse within her industry and has a net worth of roughly 100 million USD! According to Greiner’s website, she began with one idea and has since turned it into a multi-million dollar brand. Her entrepreneurial and inventor beginnings date back to the ’90s, so let us hop right on into it!
In 1996, Greiner invented a plastic organizer used to store earrings. That same year, the retail giant J. C. Penney picked up the product, allowing her to pay off a 300,000 dollar loan! That was only the beginning; she went on to patent and invest in a multitude of products in a variety of niches!
In the year 2000, Greiner launched her famous line Clever & Unique Creation, which includes many fashionable and useful life simplifying products. She sells her products through QVC, a home-shopping channel that becomes extremely popular around the holiday season. We see how she got the nickname “Queen of QVC”!
Now, onto her role as an investor on Shark Tank!
Shark Tank is a reality television show that allows promising entrepreneurs to pitch their ideas to potential investors, Greiner being one of them! The show is a huge hit and currently has 12 seasons!
In 2012, Greiner joined the cast of Shark tank, becoming one of the five investors budding entrepreneurs can pitch their products to. While on the show, she has invested in some huge money-making products, including,
- Scrub Daddy (Cleaning Tools)
- Squatty Potty (Toilet Stool)
- Sleep Styler (Heatless Hairstyler)
- Simply Fit Board (Exercise Equipment)
- RuffleButts and RuggedButts (Kids Clothing)
No wonder she’s worth roughly 100 million dollars; these are some great products!
In 2014, Greiner published a self-help book titled Invent It, Sell It, Bank It! Make Your Million-Dollar Idea Into a Reality! In the book, she gives her tips and tricks on how to make money off of your inventions. The book was chosen as part of Wall Street Journal’s top business books of 2014!
Lori Greiner is a shining example of what every entrepreneur hopes to become! Compared to her Shark Tank co-stars, she takes a sweet and humble approach when the new entrepreneurs enter the tank, which we cannot help but admire! We cannot wait to see what product she invests in next!