Lori Greiner

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Lori Greiner
Lori Greiner.png
Born (1969-12-09) December 9, 1969 (age 49)
ResidenceGold Coast, Chicago, U.S.
Philadelphia, Pennsylvania, U.S.[1]
Other namesThe Queen of QVC
Alma materLoyola University Chicago (B.A., Communications)
OccupationTelevision personality, investor
Spouse(s)Dan Greiner [2]
Websitelorigreiner.com

Lori Greiner (born December 9, 1969) is an American television personality, inventor and entrepreneur. She is known as an investor on the reality TV show Shark Tank and has also appeared on Shark Tank spin-off, Beyond the Tank.[3] She is known as the Queen of QVC[4] as since 2000, she has appeared on a QVC show called Clever & Unique Creations. She is the president and founder of the Chicago company, For Your Ease Only, Inc.[5][6]

Early life[edit]

Greiner grew up on the Near North Side, Chicago. She majored in communications from the Loyola University Chicago, and worked for the Chicago Tribune while in college. She was briefly a playwright and also designed and sold her own jewelry on the side.[7]

Career[edit]

In 1996, Greiner created and patented a plastic earring organizer,[8][9] which was picked up by J. C. Penney before the holiday season. She took out a $300,000 loan to make this product and paid it back in eighteen months.[8] She has also patented consumer products in other categories including cosmetic organization, jewelry storage, travel, electronics, and household items. She is also involved in venture capital investing, product design consulting and television production.

QVC[edit]

Greiner started her own company after her J.C.Penney success and her product began appearing on Home Shopping Network and in the retail store, Bed, Bath and Beyond. Shortly thereafter, she transitioned to QVC and in 2000, landed her own show called Clever & Unique Creations, which is one of the longest running shows on the network.[8][10][11][12]

Shark Tank[edit]

In 2012, Greiner joined the US TV series Shark Tank.[13] In 2014, her investment in Scrub Daddy, a company that produces a texture changing household sponge, was noted as one of the biggest success story in Shark Tank history.[14][15] On July 30, 2014, she sold more than 2 million sponges on QVC (in one day alone).[16]

Another Shark Tank investment by Greiner made in Bantam Bagels (mini stuffed bagels) in 2014, was fully acquired by T. Marzetti Company, a subsidiary of Lancaster Colony Corporation.[17] Other investments by Greiner include Squatty Potty, Readerest, Paint Brush Cover, Hold Your Haunches, Drop Stop, FiberFix, Simply Fit Board, Sleep Styler and Screenmend.[18][8][11]

Books[edit]

In March 2014, she authored the book Invent it, Sell it, Bank it! – Make Your Million Dollar Idea into a Reality, a how-to guide based on her entrepreneurial journey.[19][20]

Personal life[edit]

Lori is married to Dan Greiner.[2]

See also[edit]

References[edit]

  1. ^ Barbuti, Angela (18 April 2014). "Lori Greiner of 'Shark Tank': 5 Fast Facts You Need to Know". Heavy.com. Retrieved November 4, 2014.
  2. ^ a b Narasaki, Rosie (February 20, 2015). "Who is Lori Greiner's husband?". Bustle.com. Retrieved February 20, 2015.
  3. ^ Williams, David (September 22, 2012). "Lori Greiner, Shark Tank Star And Queen Of QVC, On A Great Asset: A Partner In Her Spouse". Forbes. Retrieved 29 December 2015.
  4. ^ Vulpo, Mike (February 11, 2018). "How Shark Tank's Lori Greiner Earned Her "Queen of QVC" Title". E News. Retrieved February 11, 2018.
  5. ^ Bertagnoli, Lisa (September 26, 2009). "Neat trick: patenting her way to wealth". Crain's Chicago Business. Retrieved September 26, 2009.
  6. ^ Kassar, Ami (October 12, 2012). ""The Queen of QVC Talks About the Risks of Dealing With Sharks"". NY Times. Retrieved October 12, 2012.
  7. ^ Collins, Karyn D. (April 2, 2010). "Lori Greiner marks a tidy 10 years on QVC". The Philadelphia Inquirer. Retrieved April 2, 2010.
  8. ^ a b c d Hochwald, Lambeth (15 September 2017). "Lessons From the Shark Tank: Lori Greiner Shares Advice, Inspiration and a Season 9 Sneak Peek". Parade. Parade. Retrieved 17 October 2017.
  9. ^ Weisman, Aly (April 23, 2012). "A Grueling 22-Hour Workday In The Life Of A QVC Host & 'Shark Tank' Judge". Business Insider. Retrieved April 23, 2012.
  10. ^ Scinta, Jude (August 13, 2017). "Lori Greiner - A Consistent Rise to The Top". Advisor Magazine. Retrieved 17 October 2017.
  11. ^ a b Levitt, Shelley (17 October 2017). "How The Sleep Styler Survived the Shark Tank". Success.com. Retrieved 17 October 2017.
  12. ^ "Lori Greiner". CNBC. Retrieved 17 October 2017.
  13. ^ Williams, David K (September 22, 2012). "Lori Greiner, Shark Tank Star And Queen Of QVC, On A Great Asset: A Partner In Her Spouse". Forbes. Retrieved September 26, 2012.
  14. ^ Walker, Jodi (December 5, 2014). "Where To Buy 'Shark Tank's Scrub Daddy So You Can Help It Remain the Series' Most Successful Product". Bustle.com. Retrieved December 12, 2014.
  15. ^ Morabito, Andrea (May 15, 2014). "Who profits the most from 'Shark Tank' success?". New York Post. Retrieved May 15, 2014.
  16. ^ Bilello, Michael (November 4, 2014). "Scrub Daddy Launches New Lines with Over 10 Million Units Sold through QVC, Home Depot, Bed Bath & Beyond, Giant, Kroger, Ace Hardware, Wal-Mart, SuperValu and Others". Marketwatch.com. Retrieved November 4, 2014.
  17. ^ Schultz, Clark (October 22, 2018). "Lancaster Colony scoops up Bantam Bagels". Seeking Alpha. Retrieved October 22, 2018.
  18. ^ Van Allen, Fox (April 30, 2016). "The 18 best Shark Tank success stories". ZDNet.com. Retrieved April 30, 2016.
  19. ^ Cassell, Warren Jr. "3 Takeaways From Lori Greiner's Invent It, Sell It, Bank It". Entrepreneur.com. Retrieved December 15, 2014.
  20. ^ Sraders, Anne (June 27, 2018). "What Is Lori Greiner's Net Worth?". The Street. Retrieved June 30, 2018.

External links[edit]