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Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. [2] [3] [4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. [5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019. [1]
Headquarters in Ada, Michigan. Alticor is a privately owned American corporation run by the DeVos and Van Andel families. [5] It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the multi-level marketing company Amway and Amway Global, and a manufacturing and distribution company, Access Business Group.
Amway North America (formerly known as Quixtar North America) is an American worldwide multi-level marketing (MLM) company, founded 1959 in Ada, Michigan, United States. It is privately owned by the families of Richard DeVos and Jay Van Andel through Alticor which is the holding company for businesses including Amway, Amway Global, Fulton Innovation, Amway Hotel Corporation, Hatteras Yachts ...
Austin, Texas; Atlanta, Georgia (metropolitan area); Birmingham, Alabama; Boston, Massachusetts; Charlotte, North Carolina; Chicago, Illinois (metropolitan area ...
Market America was founded in 1992 by former Amway distributor James Howard Ridinger and his wife Loren Ridinger. [3] [4] The company is headquartered in Greensboro, North Carolina and employed over 800 employees as of 2016. [1]
Edith Rehnborg, wife of Nutrilite founder Carl Rehnborg, founded Edith Rehnborg Cosmetics in 1958, which later became Artistry. [1] In 1972, Nutrilite merged with Amway thereby giving Amway the controlling interest of the Artistry brand. [2]
Today, Amway is a direct selling multinational company that sells a variety of health, beauty, and home care products. Amway went on to become the largest direct selling company in the world. [11] Amway corporate reports that in 2019, they have over 3 million independent business owners (IBO's) in over 100 countries. [12]
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