American businessman Greg Renker is the co-founder and co-chairman of Guthy-Renker LLC who has an estimated net worth of $500 million. Founded in 1988, it is a direct-response marketing company based in Santa Monica, California. It sells products around the world through infomercials and other direct-to-consumer marketing channels with annual sales of around $1 billion.

Born Greg P. Renker in Phoenix, Arizona in 1957, he graduated with a degree in comparative literature from San Diego State University. He has accumulated his estimated net worth as the founding principal and Co-Chairman of the Board of Guthy-Renker along with Bill Guthy. He is personally responsible for productions, new business development and business affairs, as well as supervises the overall direction.

Renker is also a founding member of Electronic Retailing Association (ERA), a leading direct response trade organization. He was the first chairman of ERA’s Executive Committee/Board of Directors and now he serves as the Chairman Emeritus. He was a recipient of ERA’s Lifetime Achievement Award in 2004.

In 2012, Greg Renker received the prestigious Horacio Alger Award for Distinguished Americans. In 2013, he was inducted as part of the inaugural class into the Direct Response Hall of Fame. He named in the “Marketing 100” list by the Advertising Age magazine for his leadership in the direct response television industry. He was listed in “America’s Smartest Young Entrepreneurs” by Fortune magazine. He was also honored by Inc. Magazine as one of the “Regional Entrepreneurs of the Year”. He is often interviewed by publications such as The Wall Street Journal and People.