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Mark R. Hughes (January 1, 1956 – May 21, 2000) was an American entrepreneur who was the founder, chairman, and CEO of Herbalife International Ltd, a multi-level marketing company. Early life [ edit ]
Betting on Zero is a 2016 American documentary directed by Ted Braun. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill Ackman's short investment in Herbalife, which is ostensibly a billion-dollar bet that the company will soon collapse.
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]
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On Valentine's Day 1999, LaPier married Mark R. Hughes, founder of Herbalife, at Beverly Hills Presbyterian Church. The wedding was attended by many of Herbalife's top distributors, and was broadcast on HBN (Herbalife Broadcast Network) to distributors worldwide. Hughes died in his sleep on May 21 the following year. [4]
Rohn mentored Mark R. Hughes (the founder of Herbalife International) and life strategist Tony Robbins in the late 1970s.
From 2012 to 2018, Ackman held a US$1 billion short against the nutrition company Herbalife, a company he has described as a pyramid scheme designed as a multi-level marketing firm. [68] His efforts were reported in the documentary film Betting on Zero. [69]