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In February 1980, aged 24, Hughes founded Los Angeles-based Herbalife International. It has since become one of the world's largest distributors of Herbalife products through multi-level marketing, with sales of about $3.5 billion in 2007 and 2.1 million Independent Distributors. Now in 95 countries and achieving record retail sales of $7.5 ...
He was the founder of the multi-level marketing company Grupo Omnilife. In addition to its health products business, Grupo Omnilife owns the football club C.D. Guadalajara . Vergara was also owner of Costa Rican football team Saprissa (2003–2011) [ 1 ] and Major League Soccer club Chivas USA (2004–2014).
In February 1980, Mark R. Hughes began selling the original Herbalife weight management product from the trunk of his car. Hughes often stated that the genesis of his product and program stemmed from the weight loss concerns of his mother Joanne whose premature death he attributed to an eating disorder and an unhealthy approach to weight loss. [9]
Died: December 5, 2009 (aged 79) ... Rohn mentored Mark R. Hughes (the founder of Herbalife International) and life strategist Tony Robbins in the late 1970s.
However, subsequent to the FTC's formal charging of Herbalife in July 2016, John Fichthorn, co-founder of Dialectic Capital Management, revealed that he had financed Betting on Zero. Fichthorn previously held a short position in Herbalife, and when asked on CNBC's Fast Money Halftime Report if he would consider shorting the stock again he said ...
In 1915, Shaklee married Ruth Chapin, who died in 1941. [15] On August 8, 1957, he married Dorothy Potter (a Canadian from British Columbia). [16] On December 15, 1985, Shaklee died from a heart attack in his home at Castro Valley, California. [17] He was 91 years old and acting chairman emeritus of the Shaklee Corporation.
He led the chain to success and sold it in 1979 to German billionaire Theo Albrecht, co-founder of the Aldi supermarket chain. [2] [7] Coulombe continued with Trader Joe's as chief executive officer until retiring in 1988. [2] Coulombe served on the corporate boards of Cost Plus World Market, Bristol Farms, True Religion, and Imperial Bank. [4] [8]
John Earl Shoaff (March 21, 1916 - September 6, 1965) was an American entrepreneur and motivational speaker.Shoaff was president and board chairman of the Nutri-Bio Corporation, a Multi-level marketing organization which sold vitamin, mineral, and protein dietary food supplements.