Greiner then joined the 6x Critics Choice Award-winning and 4x Emmy Award-winning show, Shark Tankin 2012. Her business nets her about $5 million, and each episode of Shark Tank nets her $50,000. Her husband came along because they were going to use their savings for the $5,000 patenting fee. Lori Greiner has bought this property for a price of $14 Million dollars. Lori Greiner is a television personality, inventor, and entrepreneur from the United States. "She has been with me for 18 years," said Greiner. Joining the panel in 2012, Greiner was actually offered a seat in the Tank for the show's . Lori Greiner is a television personality, inventor, and entrepreneur from the United States. Copyright 2023 Market Realist. The entrepreneur has had successful businesses and a TV career since her debut business venture making jewelry . The book offers entrepreneurs a guide on how to make good money from their ideas. Her investment inScrub Daddy, which she made in 2014, is regarded as one of Shark Tank historys biggest successes. In an interview with Forbes, Lori shared advice for aspiring female entrepreneurs who wish to emulate her success. Her salary as a Shark Tank cast member also contributes to her net worth. "I felt certain that an earring . She invested $75,000 for a 25% stake in the company. The two New Yorkers behind Pizza Cupcake went into the Tank seeking an investment of $125,000 in exchange for five percent equity. Shop Lori's Top 'Shark Tank' Products In 2014, Lori Greiners investment in Scrub Daddy, a company that produces a texture-changing household sponge, was regarded as one of the biggest successes in Shark Tank history. Lori Greiners wise investments in stock markets and real estate are earning her a huge amount of income each month, which will keep her wealth going upwards. She has also spent nearly 20 years selling. While she was still in college, Greiner landed a job with the Chicago Tribune and dreamed of being a playwright. Whatever it is.". In 1996, her creative business idea got picked up by J.C. Penney, an American departmental store, and there was no turning back for the Chicago-resident. Latest Personal Finance Guides News and Updates. Moreover, she is also a president of the company, For Your Ease Only, Inc. Lori was born to American parents on December 9, 1969, in Chicago, Illinois, U.S.A. Disclaimer. However, after gaining popularity on Television and earning enormous sums of money, Lori Greiner has repaid this education loan fully. Greiner then took a syringe filled with heroin and said, Just look at how potent this stuff is! Working closely with his wife for so many years Dan Greiner has come to know the exact "look" Lori gets when she thinks of a brilliant idea for a new business. Lori Greiner's most successful deal made on The Shark Tank to date is the "ReadeRest" which She invested $150,000.00 for 65% of this unique business idea. As one of the most beloved sharks on ABC's Shark Tank and the "Queen of QVC," Lori Greiner is one of the most visible businesswomen in the world. She is one of the most prolific inventors of retail products, currently holding over 120 U.S. and international patents. For her show Shark Tank, this talented lady has won Emmy Award four times and the Critics Choice Award six times. The aim of the project was to make going to the bathroom an experience to look forward to. "He's cautious not at all the type to push the envelope. With the help of a $300,000 loan, Greiner created a professional prototype and pitched JCPenney. "When the episode aired in October 2012, the business exploded and it hasn't slowed down since." Today, Scrub Daddy is nipping at the heels of its competitors as the third-largest sponge company in the US. She has an estimated net worth of $150 Million. But every time she asked the attorney a question, he would turn to Dan with the answer. Having been influenced by strong, powerful, and influential women like Oprah, Sara Blakely, and Arianna Huffington, who have been leading the charge for women entrepreneurs for years, Lori. She is married toDan Greiner. "I thought, 'This is going to be big,'" Dan told Crain'sChicago Business newspaper in 2009 (via Closer Weekly). It turns out that Lori Greiner had a little help from her family. She received a ten percent stake from the investment. Lori Greiner was born on December 9, 1969 in Chicago, Illinois, USA. All times are ET. Since then the company has made more than $200 million in sales. Greiner has hundreds of inventions and holds 120 patents. Her parents split when she was 8 years old. Greiner is the president and founder of For Your Ease Only, Inc. Greiner grew up in the Near North Side, Chicago. Inventor, Entrepreneur, Television personality. Greiner is the founder and president of For Your Ease Only, Inc. That was the message Shark Tank's Lori Greiner delivered this week to a room of small business owners in New York as part of Chase's Women's Business Symposia. But most Shark Tank hopefuls are eager to take the plunge with Lori as a partner, as her business ventures have made more than $870 million in retail sales. Because of her age, she has gained some weight and weighs around 60 kg. 2023 CAknowledge.com From Your Heart, Lori Greiner Net Worth $510 Million (Forbes 2022) Shark Tank Salary Income, Johnny Depp Net Worth 2023: Earnings Career Controversy Age, Damian Lewis Net Worth 2023: Movie Income Career Age Wife, Jason Priestley Net Worth 2023: Movie Income Career Age Cars, Gerard Butler Net Worth 2023: Movie Career Earnings Age Cars, Ke Huy Quan Net Worth 2023: Movie Income Career Home Age, Matt Lucas Net Worth 2023: Movie Income Career Cars Age Home, Salary Certificate Format 2023: Word, Excel, PDF Format, Marriage Leave Letter Format,Marriage LeaveApplication Format, Leave Application for Fever in MS Word 2023: docx pdf format: docx pdf format, Identification of Training Needs of Employees in an Organization, One Day Leave Letter Format,One Day LeaveApplication Format, Experience Certificate Format Experience Letter Format in Doc (word), Jamal Edwards Net Worth 2023: Cars House Girlfriend SBTV, C.T. Related: 15-year-old steps down from startup because high school. Since then the company has made more than $200 million in sales. Greiner hit her first million dollars. Fletcher Net Worth 2023: Earnings Career Assets Age Car, Tommyinnit Net Worth 2023: Twitch Minecraft Youtube Income, Jake Paul Net Worth 2023: Boxing Income Cars House Wealth, D.C. Young Fly Net Worth 2023: Earnings Career Age Home Cars, Island boys Net Worth 2023: Online Income Career House Cars. Lori stars in the 4x Emmy Award winning & 6x Critics Choice Award winning show, Shark Tank. All Rights Reserved. Greiner hit her first million dollars. Shes invested in over 100 products, with a 90% success rate. Feb 21. BUSINESS. Fans fondly call Greiner the Queen of QVC. . [6] On the Shark Tank episode originally airing in October 2012, Lori Greiner made a 20% equity stake deal with Krause for $200,000. yesterday, the celebrity businesswoman had just finished selling a rotating shoe organizer when she announced that she had a special offer for her viewers that they would not want to miss. 2022 ClickHole. for her product pushed her forward quickly. "I know the only failure in life is not trying. Currently, Greiner and her husband don't have kids. So she invented a solution: a plastic container with sliding shelves that held more than 100 pairs of earrings. Lori Greiner has created many consumer products including cosmetic groups, household itemQVCs, travel, electronics, and jewelry storage. Her parents never did a job instead they did their own business. [9][10] Greiner's other early Shark Tank investments include Bantam Bagels (which was fully acquired by T. Marzetti Company in 2018),[11] Squatty Potty,[12] ReadeRest,[8][12] Paint Brush Cover,[12] Hold Your Haunches,[12] Drop Stop,[12] FiberFix,[12] Simply Fit Board,[4] Sleep Styler,[9] and Screenmend. Greiner is one of the most prolific inventors of retail products. Factset: FactSet Research Systems Inc.2019. Facebook: thebiographyscoop She eventually appeared on other programs, which earned her the moniker "Queen of QVC. She started with one idea and eventually turned it into a multi-million dollar international brand. She has been dubbed the "Queen of QVC" since the debut of her show, Clever & Unique Creations, in 2000. Lori Greiner is one of the most well-known investors in the U.S. She is capable of starting with one idea and transformed it into a multi-million-dollar international brand. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. He toldCrain's Chicago Business (via Closer Weekly),"It's thoughtful, looking up in the sky, with a slight smile like she just figured something outBy dinner, she'll be writing it on a piece of paper." What is Lori Greiners net worth and how does her net worth compare with other Shark Tank investors like Mark Cuban? Barbara Lampugnale appeared on Shark Tank season 3 to pitch her product Nail Pak and signed a $50,000 deal with Lori Greiner to expand the Nail Pak product line last year. Contact sales. In addition to her earring organizer, Lori has hundreds of other inventions, including a slew of beauty and travel organization products and other household items. She helped sell over 42,000 sponges in less than seven minutes on QVC. Unfortunately for Greiner, however, halfway through placing her order, Deborah from Lincoln revealed that her real name was Nancy from Lincoln, and that she was an undercover agent for the FBI. You havent proven this, but I also look at it as your family, and you dont have a lot of experience in the consumer product world.. Lori Greiner hasnt inherited much wealth from her family. One of the United States' most celebrated entrepreneurs was just implicated in a major scandal that may very well tarnish her legacy forever: Lori Greiner was arrested by the FBI after attempting to sell 500 kilograms of heroin live on QVC. Lori also invested in a product called the sleep styler. They have been dating for 6 years before marrying in 2010, and now they are believed to be a very happy couple, but hey have not children yet. All Rights Reserved. FlexScreen is a patented window screen that can be squeezed and popped into place. Within three years, the business was making more than $10 million. Offers may be subject to change without notice. Lori Greiner is an American television personality, inventor, and entrepreneur. NFT And Esports Could Be The Most Interesting Collaboration Of 2022, Violet Benson Is The Surest Relationship Plug, Marius Sperlich Is Lowkey Promoting The NFT Culture, Sponsored Content by Business Blurb Merchandise, Loyalty Above All Is The Next Big Name In Sports Representation, Countries Set To Try Cross-Border Digital Payments. The problem was she didn't actually have a product, and it was already August. She helped sell over 42,000 sponges in less than seven minutes on QVC. If a great opportunity presents itself, take advantage of it. Greiner has many investments over the years. She told the crowd about her first visit to an attorney's office to talk about patenting her product. All Rights Reserved. Heres a breakdown of Lori Greiners most successful Shark Tank investments. Guest investors have included celebrities such as Jeff Foxworthy, Ashton Kutcher, and Chris Sacca . We put together 45 motivational quotes from Lori Greiner on success and hard work. The styler can be used to straighten or curl hairs. Greiner has patented consumer goods in a variety of categories, including cosmetic organization, jewelry storage, travel, electronics, and household items. In 2014, she also invested in a company, Scrub Daddy, which produced a texture-changing household sponge and was able to make a huge amount of capital. Apart from her acting career, she is also a . Sources also claim that she has a Mercedes SLS AMG worth around $220,000 and luxury home costs around $672,000. Initially, Greiner worked forThe Chicago Tribune during her college days. In her 2014 book, "Invent it, Sell it, Bank it! Your email address will not be published. Check your inbox or spam folder to confirm your subscription. Lori and her husband Dan live in a stunning Chicago home. Lori Greiner also owns an investment portfolio of 15 stocks that is valued at $35 Million. She spent her childhood with her parents in a friendly environment. She is also named the "Queen of QVC" for her show, "Clever & Unique . in March 2014, Lori Greiner authored the book Invent it, Sell it, Bank it! Greiner invested $200,000 in Scrub Daddy in exchange for a 25 percent stake in the business. Lori is married and due to their busy schedule the couple do not have any kids yet. She is best known for being a cast member of the reality show Shark Tank and later became "The Queen of QVC". [7] This means the entire net worth of Lori Greiner has been earned by herself over a decade. Design, packaging and manufacturing -- she rushed through it all in four months. Born in 1969, Greiner is the second daughter of a psychologist and a real estate developer. You never know whats coming next She frequently appears in IGTV videos from the couples bedroom, revealing that the bed has a large cream button-back headboard and white and cream bed linen with metallic silver embellishment. She holds more than 100 U.S. and international patents. . All rights reserved. The trio agreed to a $600,000 . Silver Safekeeper Anti-Tarnish Lined Jewelry Box With Crystal Gem Top $29.99. Some of her various books include. 60 Count (Pack of 1) 3.8 (20,681) $2095 ($0.35/Count) $18.86 with Subscribe & Save discount. They gave her a shot to sell the organizer in their stores, and soon after . "You do get those late-night phone calls." Any other use of real names is accidental and coincidental. Fortunately, J.C. Penney picked up her product and Greiner made over $300,000 in just eighteen months. Showing Editorial results for lori greiner. Greiner then gestured toward a 500-kilogram stack of pristine white heroin and informed viewers that she was about to offer them a once-in-a-lifetime deal. The total rental income earned by Lori Greiner is over $1 Million USD annually. Lori Greiner has created many consumer products including cosmetic groups, household itemQVCs, travel, electronics, and jewelry storage. She stands at a height of 5 feet 4 inches (1.63 m). After dating him for a few years, the two tied the knot and announced each other husband and wife. She told the lawyer, "You need to bring in a female attorney we're not going to be a good partnership here.". Check out some advice from one of television's most famous businesswoman. Back to collections. And yet, in this instance he was on board from the minute I told him about my idea," she wrote. "I'm not all gung-ho woman power," she told the newspaper. Lori Greiner husband. The couple does not have children, and Lori reminds entrepreneurs on Shark Tank about the impact the business will have on family life. Greiner told the lawyer Dan was there just to listen, and he sat at the far end of the table. The primary investors have been Kevin O'Leary, Barbara Corcoran, Daymond John, Robert Herjavec, Kevin Harrington, Mark Cuban, and Lori Greiner. Sources also claim that she has a Mercedes SLS AMG worth around $220,000 and luxury home costs around $672,000. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Greiner studied journalism at Loyola University in Chicago. She took risks when others would not. Lori's dad worked as a real estate developer while her mother was a psychologist. Lori Greiner was also focused on journalism, television, and film while at the University. She started with one idea and eventually turned it into a multi-million dollar international brand. Iornienge Sunday Aondorumun is a senior reporter for Business Blurb. Lori Greiners Assets Portfolio also includes Cash Reserves of over $42 Million. So her first product through which she made money was jewelry. Lori Greiner is married to Dan Greiner. FiberFix Heat Wrap Lori Greiner is a woman who knows a thing or two about entrepreneurship. Here they are: Greiner is also an author whose bookInvent It, Sell It, Bank It! She is an entrepreneur, inventor, and television personality, known for Shark Tank (2009) and Beyond the Tank (2015). Initial presentations by entrepreneurs end up . So far the company has made $100 million in lifetime sales. Her nationality is American and her ethnicity is Caucasian. Just devastating! Privacy Policy Cookie Policy, Sponsored Content by Business Blurb Books, Lori Greiner has created many consumer products including cosmetic groups, household itemQVCs, travel, electronics, and jewelry storage. As one of the investors on ABC's hit show, Greiner is especially adept at bringing products from the concept stage to market in a matter of months. Notify me of follow-up comments by email. Diane Bondareff | Invision for Staples | AP Images) Shark Tank's Lori Greiner talks about innovation at a small business panel hosted by Staples, Tuesday, April 7, 2015, in New York. [4][5] In addition to jewelry storage, she has patented consumer products in categories such as cosmetic organization, travel, electronics, and household items. Lori Greiner majored in communications at Loyola University Chicago and worked for The Chicago Tribune while in college. Throughout it all, Joanne was there for Lori. Her net worth has since ballooned to a staggering $150 million, and while Lori might not be the richest investor on "Shark Tank," the "Queen of QVC" may have the best track record on the show, having invested in half of its most successful products, including Scrub Daddy. star. Greiner saw great potential in the business which later garnered over $1.25 million at that time and $160 million in lifetime sales. Throughout Lori Greiner's career as an inventor, entrepreneur, author, and Shark Tank investor with many successful deals, she has built a respectable fortune. The book reached 3rd position on the Wall Streer Journal bestseller list. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The idea was initiated by mother and daughter Gloria Hoffman and Linda Clark. She has created more than 700 products including items for kitchen and mobile devices. The technical storage or access that is used exclusively for anonymous statistical purposes. Lori Greiner also owns aLamborghini Aventadorthat cost her$1 Million USD. How amazing is that?, As Greiner spoke, the broadcast cut to tasteful footage of smiling middle-aged people snorting tidy lines of heroin and reeling with ecstasy while a graphic flashed on screen that said, HEROIN WILL MAKE YOUR PROBLEMS FEEL LIKE THEY DONT MATTER.. 2022 Cable News Network. Her investment in Scrub Daddy, a company that makes a texture-changing household sponge, was regarded as one of Shark Tanks biggest successes in 2014. Lori and Dans romance dates back to the mid-1990s when they met at a bar in Chicagos trendy Lincoln Park neighborhood. Greiner expanded her company after her success with J.C. Penney, with her product appearing on Home Shopping Network[6] and in the retail store Bed, Bath and Beyond. Not only has her merchandise been confiscated into federal custody, but she must now miss several tapings of her QVC show as she awaits trial for possessing and distributing a Schedule I controlled substance. She has more than 4.78 million followers on her Facebook account, around 1.8 million followers on Twitter, and she has about 972k followers on her Instagram account. He covers cryptocurrencies, blockchain technology and cannabis industry growth. After sketching out her idea, she spent $10,000 to get a prototype made. ", Perhaps it would not be surprising to learn that Lori and her husband are hard workers. After graduating from Loyola University Chicago, she generated the idea of a Jewelry Box and She gave a start to her career by opening her own business for the first time. Dan Greiner (born 1960) is an American business executive better known as the husband of Lori Greiner, the ace entrepreneur, inventor, producer, and humanitarian. She's created more than 400 products and holds 120 U.S. and international patents. Though Greiner has experienced incredible success in her career, and she's also experienced incredible sexism. Invent it, Sell it, Bank it! However, Lori Greiner has big loan of $20 Million couple of years ago, for her business expansion needs and also venture into media industry. Many years ago, In order to peruse her college education, Lori Greiner has taken student education loan of $34,000. She has a blue eye color and blonde hair. Here are some of Lori Greiners most successful investments on Shark Tank. Since designing her first invention in 1996 - an earring holder she then sold at J.C. Penney and on the Home Shopping. Greiner talks about how her husband has supported her career. "When you have a dream, persistence pays off," she said. Investments [ edit] Copyright 2021 Business Blurb LLC. Her husband Dan would loiter around, pretending to be a stranger. from selling jewelry storage sets in the 90s. One of them is the company, For . Greiner promotes the products on her show on QVC and other platforms. Lori Greiner's net worth is estimated to be about $100 million, as of 2019. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. ", Her smart inventions even landed Lori her own show on QVC "Clever &Unique Creations by Lori Greiner" which premiered in 2000. With a career spanning over 20 years . There are over 16 real estate properties under Lori Greiners ownership, through which she receives rent income each month. Lori Greiner, born on December 9, 1969, is an American television personality, inventor, producer, humanitarian, and entrepreneur. She hosts one of the longest-running shows on the network called Clever & Unique Creations. Find out what it takes to succeed with these big tips for small business owners from Lori Greiner of ABC's Shark Tank, brought to you by Verizon. But that didn't stop her. Breathometer was a portable breathalyzer device that measured blood alcohol levels via a smartphone app, according to Failory. Besides she owns a QVC showLori Greiners Clever and Unique Creations. The sales from Lori Greiners book Invent It, Sell It, Bank It!, which is a national bestseller, also contribute to her net worth. Greiner invented and patented a plastic earring organizer in 1996. Her father was a real estate developer. Not only has her merchandise been confiscated into federal custody, but she must now miss several tapings of her QVC show as she awaits trial for possessing and distributing a Schedule I controlled substance. Is Julia Rose The Inspiration Behind Jake Pauls Career Success? Copyright 2021 Business Blurb LLC. During a QVC broadcast of Greiners show Clever & Unique Creations yesterday, the celebrity businesswoman had just finished selling a rotating shoe organizer when she announced that she had a special offer for her viewers that they would not want to miss. The inventor is happily married to her husband, Dan Greiner since 2010. Market Realist is a registered trademark. Nail Pak After Shark Tank Update. She studied communications at Loyola University Chicago and interned at The Chicago Tribune while there. She has made a respectable position in America as an investor, and entrepreneur and has an estimated net worth of more than $150 million (estimated) as of 2022. So it's no surprise she's figured out the formula for successful brands. Shark Tank is a hit entrepreneurial business show, on ABC, where she invests in companies and helps turn peoples dreams into a reality. She has been dubbed the Queen of QVC since the debut of her show, Clever & Unique Creations, in 2000. Gender doesn't factor in. However, an excited Greiner announced that for a limited time she would be selling the heroin for only $66,000,000.99 with free shipping and handling, and that QVC would throw in a pair of Spenco-brand orthotic sandals with each purchase, absolutely free. The couple married in 2010. Search instead in Creative? "Shark Tank" star Lori Greiner has invested in products that have over a billion dollars in sales, and she revealed to Ellen the four things she considers when it comes to investing in. We dont spam! A Warner Bros. Lori Greiner has come a long way since embarking on her first business venture some 26 years ago. Greiner got her inspiration to become an entrepreneur from her parents as they never did a job and were involved in their own business. To date she has created over 1,000 products and secured over 120 U.S. and international patents. She received a ten percent stake from the investment. I . This is a shocking fall from grace for this beloved business tycoon! Lori Greiner aka the "Queen of QVC" is one of Shark Tank's most sought-after investors. Embarrassing: Dads Going On A Rant About Elizabeth Holmes, But He Keeps Calling Her Elizabeth Smart, And Like Half The Stuff Hes Saying Is Actually About Casey Anthony, Taking A Stand: Minka Kelly Has Announced That Civil War Generals Who Fought On The Confederate Side Aint Getting None Of This, Passing The Torch: Bruno Mars Has Taken Over For Michael Jackson As The Singer Who Exclusively Befriends Children And Looks Incredibly Sick, The Darkened Cave Of Ignorance: This Toddler Does Not Know About 11. Lori Greiner gets real about pitching. In her early life, when she was nine years old her parents divorced and she started staying with her mother. Lift Out Silver Safekeeper Jewelry Box - OAK $99.99. But before the show and QVC, Greiner started with her own invention: An earring organizer. Mandi is an experienced writer on various topics with a passion for telling stories with words. All rights reserved. Its founder, Charles Michael Yim, raised $1 million in 2013 from Kevin O'Leary, Mark Cuban, Daymond John, Lori Greiner and Robert Herjavec, who got 30% equity. Greiner's big break in business came from selling jewelry storage. This is a shocking fall from grace for this beloved business tycoon! Greiner runs the For Your Ease Only company with her husband. Since then, she went on to patent products in different categories, such as cosmetic, jewelry, travel, electronics, and household items. In 1996, she was able to make at least 100 earrings. They got married in 2010. She is a famous name who is known for investing in businesses across several platforms. A great believer that, if you are lucky enough to be successful, you have a responsibility to give back and Lori has been committed to doing so. As one of the investors on ABC's hit show, Greiner is especially adept at bringing products from the concept stage to market in a matter of months. Greiner recently shocked viewers by offering a shark tank contestant $1 million for 100% of their company, with a 3 percent royalty of net sales for life. Lori Greiner is not having an affair with anyone presently. Lori Greiner House 21. from selling jewelry storage sets in the 90s. In the United States Shark Tank series, there are main investors and guests. She sold about 100 organizers a day, and by the next year her product was in stores across the country. From designing an earring organizer, which she sold at J.C. Penney and on Home Shopping. Ms. Lori Greiner serves as Board Member at SparkCharge. Seriously, this is the most incredible heroin youre ever going to findyou cant get this one the streets. It is very important to do your own analysis before making any investment. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. It is time to find out exciting information about the famous businesswoman's private life. Her father was a real estate developer and her mother was a Psychologist. Save. The earrings organizer became a huge hit and made Greiner her first million. Greiner appeared on the American television show Shark Tank in 2012. Greiner says her enthusiasm. (She majored in communications.) She invested over $200,000 for a 20% stake in Scrub Daddy in 2012. Scroll down to sign up for Loris newsletter and be the 1st to hear. He brought in a woman named Natalie. All that being said, you dont have many sales. Greiners big break in business came from selling jewelry storage. Before we get into how Greiner got rich, it helps to know a little bit of her background. All Rights Reserved. Either way, youre getting uncut top-shelf dope at black tar prices. Dan continued to be supportive even as Loritook out a hugeloan against their house to kickstart her business. January 8, 2023. Her product was picked up by J.C. Penney and after one and half years, through the sales of earrings, she was able to increase her net worth to an extreme point.

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