Shark Tank is back with a new season to help entrepreneurs realize their business goals. Over the course of 13 seasons, the program has actively assisted businesses and people in realizing their ideas and bringing possible ventures to fruition. The series has completed over 700 transactions and assisted clients in obtaining the necessary financial jumpstart.
The show is now back to doing exactly that, this time with a variety of investors looking to make their money go farther. Lori Greiner is one of the investors that will feature on the episode. Mark Cuban, Barbara Corcoran, Robert Herjavec, Daymond John, and Kevin O’Leary are also returning investors who will feature in separate episodes of Shark Tank.
The show’s synopsis is as follows:
“Shark Tank, the highly acclaimed and multi-Emmy® Award-winning entrepreneurial-themed reality program that has reignited American enterprise, returns to ABC this autumn for its eleventh season. The business-themed program, which has become a cultural touchstone and encourages a country to dream greater, has gathered an incredible $100 million in offers proposed in the Tank.”
Shark Tank Lori Greiner’s Net Worth
Shark Tank’s “warm-blooded Shark” has acute intuition and a great business sense, and she likes to be fully engaged in any project she takes on. The jewelry designer and star shark has a claimed net worth of $150 million, has developed over 1000 items, and has 120 patents in the United States and across the world. From home organizers and kitchen gadgets to travel and tech solutions that appeal to both men and women, the 52-year-old inventor has invented cheap devices that help make people’s life simpler.
She runs the production business Good Place Entertainment and has worked on hundreds of videos and other written projects. She is a master at capturing people’s attention visually. The Shark Tank judge, also known as “The Queen of QVC,” has been married to Dan Greiner, the CFO of her firm, since 2010. They have properties in both Chicago and Philadelphia. In a talk with Ellen on The Ellen DeGeneres Show in 2021, the inventor discussed her investment approach.
“I consider two factors. I look at what it is – the product, the company – and then at the person.”
Lori went on to say that she utilizes her gut instinct to judge if a product would sell quickly. She also said that she searches for four other things. She stated:
“I seek for things that people need and desire. Is it something that can be produced at a reasonable cost? Is it appealing to a large number of people – men, women, and children – and does it address a problem?”
Lori on Shark Tank
Lori first debuted on Shark Tank in 2014, when she invested in Scrub Daddy, which went on to become one of the show’s greatest hits. She helped QVC sell almost 2 million sponges in one day. She has also purchased Bantam Bagels, Squatty Potty, Readerest, Pain Brush Cover, Hold Your Haunches, Drop Stop, FiberFix, Simply Fit Board, Sleep Styler, and Screenmend throughout the years.
The show Shark Tank Star Shark has invested in ten of the top twenty firms featured on the program and has a 90% success record with her purchases. Lori has returned to discover her next big project, and the teaser hinted at a potential investment on her part. Find out what it is on ABC on September 23 at 8 p.m. ET.