Loren Ridinger co-founded the Internet retailing behemoths Shop.Com and Market America. She is also known as JR Ridinger’s wife.
Ridinger is an entrepreneur and business partner to her husband, JR, with whom she started Market America in 1992. The company is one of the most prominent online retailing organizations in North Carolina.
Her husband, JR Ridinger, is the founder, President, and CEO of the Internet retailing behemoth Market America, the CEO of price comparison leader Shop.com and the inventor of the UnFranchise® Business Development System. He recently passed unexpectedly at the age of 63.
Loren Ridinger Net Worth 2022- How Rich Is JR Ridinger’s Wife And Shop.Com Owner?
Ridinger is a wealthy American businesswoman with a net worth of $300 million. This is her net worth with her husband, JR Ridinger.
She is the creator of the award-winning Motives cosmetics line, the ultra-luxurious Cellular Laboratories skincare line, and the solution-oriented Fixx Solutions product line. Loren is also the creator of the exquisite Loren Jewels and Yours by Loren for HSN jewelry collections.
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Loren and JR paid $6 million for a large mansion in Greenwich, Connecticut, in 2016. This house was sold in April 2019 for $6.85 million.
The couple lived in a different Greenwich mansion, which they purchased in 2018 for $17.5 million. The 5.34-acre property was on the market for $25 million. They also own a large waterfront mansion in Miami that is likely worth $20 million.
Moreover, Ridinger’s net worth was estimated to be around $250 million at the time of his death. His entire fortune will now pass to his wife and children.
Loren Ridinger Wikipedia And Bio
Ridinger was born in Queens, New York City, USA, on November 21, 1968.
Loren’s career started in an underprivileged situation while she made her fame as an internet billionaire, transforming the e-commerce and beauty industries over the past 20 years.
She moved to Greensboro, NC, at a young age and began working in retail at sixteen. At eighteen, she and her husband, JR, took a chance on their dream of making it easy for people to shop online when most people didn’t even have computers in their homes.
After 29 years, their companies, Market America and Shop.com generate over a billion annual sales and serve over 10 million customers. The company’s headquarters are still in Greensboro, North Carolina, with offices in nine other countries.
Later, she also established the famous cosmetics line Motives. Similarly, Loren has been highlighted in publications such as Forbes, Elle, and Vogue, where she was named one of the 100 Most Influential Women. Moreover, JR Ridinger and his wife Loren are involved in the real estate business and company employment.
Who Is Loren Ridinger’s Family
Ridinger has been married to JR Ridinger since 1993. The couple has one daughter, Amber, and splits their time between Miami and New York City.
Despite being extremely busy at work, the businesswoman raised their children with great care. She has given her children everything he has.
She is an active philanthropist, having served on the boards of numerous charitable organizations, including Rally for Kids with Cancer, the American Heart Association, the Make-a-Wish Foundation, the Cystic Fibrosis Foundation, and the Jennifer Lopez Foundation.
They have three grandchildren, Ayden, Audrien, and Ayva. Currently, Loren’s entire family is devastated by her husband’s death.
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