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Greg Renker Net Worth, Biography & Wiki 2017
Gregory P. Renker was born in 1957 in Phoenix, Arizona, USA; the specific date of his birth is unknown in the media. He is a businessman and entrepreneur, who is probably best recognized for being the co-founder as well as the co-chairman of Guthy-Renker, LLC., alongside Bill Guthy. He is also known as one of the founders of the Electronic Retailing Association (ERA). His career has been active since the mid-1980s.
So, have you ever wondered how rich Greg Renker is, as of late-2017? According to authoritative sources, it has been estimated that Greg counts the size of his net worth at over $500 million, which has been accumulated through his successful career in the business industry.
Greg Renker Net Worth $500 Million
Greg Renker spent his childhood with eight siblings in various places, as the family moved frequently due to his father’s job as a manager of a number of hotels. He was a student at San Diego State University, where he majored not only in Comparative Literature, but also in Business Administration.
Parallel with his education, Greg worked several sales jobs, including as a real estate agent. Soon after graduation, he met Bill Guthy at the Indian Wells Racquet Club and Resort in Indian Hills, California in 1981. As both of them are huge fans of the book “Think And Grow Rich”, written by Napoleon Hill, they decided to become partners and established the Napoleon Hill Foundation, buying the rights to the book. Through this Greg reached initial success, and marked the beginning of an increase of his net worth.
Subsequently, the company expanded into the direct-response company of today, which provides brand development such as selecting, licensing and developing products, and its name was changed to Guthy-Renker, LLC. The company is based in El Segundo, California, and has collaborated with a number of celebrities, helping them to launch their skin and hair care products, and becoming one the largest and most respected direct marketing companies in the world, and which has added a considerable amount to Greg’s net worth.
To speak further about his career, Greg is also recognized for being one of the founding members of the Electronic Retailing Association (ERA), and was the ERA’s Executive Committee/Board of Directors first chairman. Currently, he is in the position of Chairman Emeritus, still increasing his net worth.
Thanks to his accomplishments in the business industry, Greg has won a number of recognitions and awards, including the 2004 ERA’s Lifetime Achievement Award, the 2012 Horatio Alger Award for Distinguished Americans, and he was named as one of the Regional Entrepreneurs of the Year by Inc. Magazine.
When it comes to speak about his private life, Greg Renker is married to Stacey Renker, with whom he has three sons. Their current residence is in Indian Wells, California. In his spare time, Greg collaborates with various charity organizations – he serves as the Chairman of the Eisenhower Medical Center and as the Chairman Emeritus of the Annenberg Center for Health Sciences. He also launched The Renker Wellness Center and The Greg & Stacey Renker Pavilion, along with his wife.