QVC Queen Lori Greiner is a reality TV star, inventor, author, entrepreneur and investor. She stars in Clever & Unique Creations, Shark Tank and Beyond the Tank. She is an expert in intellectual property, with 120 patents to her name. Lori is also the CEO of For Your Ease Only, Inc. As of 2022, Lori Greiner has a net worth of $150 million.
Greiner was born in Chicago, Illinois and grew up in the Near North Side area. Her birthday is December 9, 1969. She is the second daughter of a real estate developer and a psychologist. However, when she was nine, her parents divorced.
She went to Loyola University Chicago to study film, communications, and journalism. The young woman experimented with the sale and creation of jewelry during her university years.
As a student, she also worked as a playwright for a short time. Additionally, she was employed by The Chicago Tribune, a local daily newspaper. However, Lori was more passionate about creating objects.
Lori invented a plastic earring organizer in 1996. She initially only intended to use the idea to help herself, but eventually loaned $300,000 to create a prototype that it could market through retail channels.
It was a risky move, but it ultimately worked for the aspiring entrepreneur. Department store chain JC Penney ended up taking the item and helping her pay off her line of credit in just eighteen months.
His business grew when his product was featured in the Bed, Bath and Beyond store and Home Shopping Network. Later, Greiner patented consumer products in various industries.
She sold over 2,500 earring organizers in just two minutes the first time she went on cable TV. After seeing her on-screen potential, Lori approached television network QVC to expand her marketing reach.
His show, Clever & Unique Creations, became the channel’s longest-running program. That’s why she’s been Queen of QVC since 2000. Clever & Unique Creations ran for 11 seasons, but Lori’s brand remains closely tied to QVC.
She joined the main cast of Shark Tank as one of the investors who give hopeful entrepreneurs a chance. Lori is also part of the spin-off series, Beyond the Tank. Apart from TV projects, she has also written a book called “Invent it, Sell it, Bank it”!
Net worth and earnings
Lori Greiner is arguably the tycoon who has benefited the most from investments made in Shark Tank. In 2014, she put her money into cleaning tool Scrub Daddy, which made over $400 million in retail sales.
Additionally, Lori has marketed over 1,000 profitable products, with 120 patents credited to her. In addition, she sells books and runs her own business. All his activities bring him a fortune of 150 million dollars.
The accomplished businesswoman is married to Daniel Greiner. They made their vows in 2010, and now they live together in Chicago. Daniel works as the CFO of For Your Ease Only, Inc.