Lori Greiner is a highly successful entrepreneur, inventor, producer and humanitarian. These days, most people know her from her role as an investor on the hit reality T.V. show, ‘Shark Tank’. However, she first made her mark in the business world after taking one small idea and turning it into a colossal money-making brand. Since then, she’s been growing her fortune year after year.
Having said that, this page will be covering exactly that, Lori Greiner’s net worth and the potential earning power of her net worth. So, if you’re ready to learn how rich Lori Greiner really is, then let’s dive right in.
What Is Lori Greiner’s Net Worth?
As of 2023, Lori Greiner’s net worth is approximately $150 million. Which is not bad, considering her net worth in 2016 was around $50 million according to Celebrity Net Worth. That’s a 200% change, which indicates she’s been very busy making money moves.
Lori’s been growing her net worth at an average rate of 20% per year for the past six years. Which is impressive, considering the average annual growth of the stock market since 1957 has been around 11.88%.
How Much Does Lori Greiner Make Per Year?
According to our research, Lori earns approximately $5 million a year from her business ventures and her involvement in ‘Shark Tank’ pays her around $50,000 per episode.
With Shark Tank about 24 episodes, this would put her annual income at $6.2 million.
Of course, these numbers are difficult to pin down given no official documentation being published on the matter.
That said, even though we don’t have Lori Greiner’s verifiable income, we do have a solid baseline estimate on what she can make per year passively based on her fortune alone, and not taking into account her active income activities.
To provide you with this estimate, we’ll assume Lori Greiner is a savvy enough investor to earn an annual 4.5% yield on her combined $150 million net worth (4.5% is a reasonable minimum annual yield to expect on investments as the historical returns on safe investments have typically fallen between the 3% to 5% range annually).
So, if Lori hypothetically liquidated all of her assets (homes, businesses, etc.) and then decided to transfer all of that money into an asset like a dividend paying stock or REITS that could earn her a modest 4.5% annual yield, her yearly passive income would very easily come out to $6.75 million per year.
This also comes out to about $562,500 per month! Which is a pretty decent amount of money to make, whether it’s passive or active. Can you say, Cha-ching!?
LORI GREINER MONEY METRICS
|2023 Net Worth:||$150,000,000|
|**Earnings Per Year:||$6,750,000|
Note: This is a hypothetical (but very possible) earnings Metric based off of the earning power alone of Lori Greiner’s net worth. Our calculations do not include how much Lori makes from projects, sponsorships, her business, social media, etc. This calculation is for entertainment purposes only.
LORI GREINER NET WORTH HISTORY
Below is a graph that highlight’s Lori Greiner’s net worth history over the past 6 years, going back to 2016. And if it shows us anything, it’s that Lori has not been resting on her laurels.
Lori Greiner Fun Facts
- Lori has 992K Instagram followers, 1.7 million Twitter followers, and 4.7 million Facebook followers. As such, her grand total of social media followers 7.39 million.
- Greiner was born in Chicago, Illinois.
- Lori Greiner has over 120 patents.
- She married at the age of 40.
- Greiner graduated from Loyola University, with a Bachelors degree in Communications.
How Did Lori Greiner Get Rich
Lori is now considered a prolific inventor, but it all got started with that first idea. Her first big idea came about after struggling to make ends meet selling Jewelry on the side, while she was pursuing as a career as a playwright.
In fact, it was her little jewelry side-gig, and the scattered mess it always left in her home that helped spawn this first big money-making idea of hers. That, and a serendipitous moment where she witnessed a friend struggle to find a piece of jewelry in her jewelry box, which ultimately prompted Greiner to want to invent a better way to store jewelry.
So, she devised a prototype earring jewelry organizer that could hold up to 100 pairs of earrings at once. She then marketed her new invention to women who had giant jewelry collections. And the rest was history.
The product became a hit. In just her first year of selling the product, after J.C. Penny picked up the product it would go on to bring in over $1 million in revenue. It was during this time that Lori started her company, ‘For Your Ease Only, Inc.’.
She would then go on to leverage the success of this product, and expanded her business by launching even more products that she would begin listing on the ‘Home Shopping Network’ and many other prominent retail outlets.
As her success grew, she managed to land a hosting gig for QVC. This new platform helped her gain massive exposure for all of her new products and her sales and success compounded.
Lori has since created and marketed over 1,000 different products, and patented over 120 of them. In addition to his, she’s also had lots of success investing her money in promising new companies and products. And all of this has helped her to become a multi-millionaire many times over.
It’s why she’s perfect fit for ‘Shark Tank’.
Related: Think and Grow Rich
More Success Insights
Here are a few of her more prominent quotes related to Loris’ success and achievement. Give them a read and your consideration as the success insights and personal advice they are:
Read More: Lori Greiner Success Quotes
Build Wealth Like Lori
Not everyone is gifted with they inventiveness of Lori Greiner, but we all certainly have at least a few good ideas that if acted upon, could improve the lives of hundreds of thousands of people. The key of course, is not just having a great idea, but also having the passion and the drive to bring it to the market.
In the meantime while you are figuring out what your great idea is, you can still get started on building your own fortune. Because making smarter financial moves and getting disciplined with your money can be started at any time.
So, why not get started on building your wealth today?
Here are some key Lori Greiner takeaways:
- Lori Greiner Net Worth: $150 million
- Annual Earnings **: $6.75 million
- Social Media Followers: 7.39 million
- Keys to Success: Creativity, Taking Action on Her Ideas, Investing In Great Companies
Lori Greiner’s impressive net worth is directly related the quality of her ideas and their helpfulness to people and the marketplace. Her wealth is also a result of her willingness to take calculated risks and lots of action.
Having said that, we hope her net worth profile provided some helpful wealth building insights as well as some inspiration for growing your fortune. Now, go build yours!
Till you reach your aims,
** These earnings are hypothetical and calculated off of the earning power of Greiner’s net worth alone, assuming a 4.5% dividend yield.